US natgas companies fall on oversupply concerns

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

U.S. natural gas futures NGc1 down 2.1% at $4.8 per million British thermal unit

Natural gas prices slip as supply concerns pressured the market, overshadowing earlier gains from forecasts for colder weather and stronger demand

Prices dipped due to record output, ample amounts of gas in storage and lower gas prices around the world due mostly to the Ukraine peace talks

Shares of natgas companies: New Fortress Energy NFE.O down 6.1%, Venture Global VG.N fall 1.9%, EQT Corp EQT.N slips 2.3% and Expand Energy EXE.O slips 2%

ETF United States Natural Gas Fund UNG.P down 1.7% and ProShares Ultra Bloomberg Natural Gas BOIL.P slips 3.6%