Natgas companies gain on hot weather forecasts, rising LNG exports
ReutersJul 16, 2025 2:01 PM
Shares of U.S. natural gas companies up, tracking a rise in natgas futures NGA/
U.S. natgas futures NGc1 up 1.1% at $3.56 per million British thermal units
Natural gas prices edged up to a two-week high as hot weather boosts the amount of gas power generators must burn to keep air conditioners humming and on near record flows of gas to LNG export plants
Shares of natgas companies: EQT Corp EQT.N rises 1.3%, New Fortress Energy NFE.O up 3.6% and CNX Resources CNX.N up marginally
ETFs — United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P up 1.6% and 2.8%, respectively
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