Natgas companies fall amid strong production, soft demand

Shares of U.S. natural gas companies down, tracking a fall in natgas futures NGA/

U.S. natgas futures NGc1 down 4.5% at $3.30 per million British thermal units

Natural gas prices fell more than 4%, weighed down by expectations of rising production and milder weather that are expected to support above-average storage injections and curb demand in the coming weeks

Shares of natgas companies down: NextDecade NEXT.O falls 2.8%, CNX Resources CNX.N loses ~4% and Energy Transfer ET.N sheds 1.3%

EQT Corp EQT.N dips 4.7%, Cheniere Energy LNG.N falls 2.1% and Williams Companies WMB.N down 5.4%

ETFs United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P down 2.6% and 4.9%, respectively