Natgas companies fall as production rises, demand softens

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

U.S. natgas futures NGc1 down 3.3% at $3.03 per million British thermal unit, after hitting their highest level since July 23 earlier in the session

Natural gas prices fell as higher production and forecasts for milder weather that are expected to reduce cooling demand weighed on prices

Shares of natgas companies: Energy Transfer ET.N down 1.1%, Cheniere Energy LNG.N and CNX Resources CNX.N down marginally

NextDecade NEXT.O down marginally and New Fortress Energy NFE.O falls 8%

ETFs — United States Natural Gas Fund UNG.P down 4.2% and ProShares Ultra Bloomberg Natural Gas BOIL.P down 8.3%