US natgas companies gain on strong LNG export flows, higher demand

Shares of U.S. natural gas companies rise, tracking increase in natgas futures NGA/

U.S. natgas futures NGc1 up 3.3% at $4.01 per million British thermal units. On Tuesday, the contract had closed at its lowest since October 29

Natgas prices climb on near-record gas flows to LNG export plants and forecasts for higher demand next week than previously expected

CNX Resources CNX.N gains ~1%, EQT Corp EQT.N rises 1.2%, while Cheniere Energy LNG.N and Williams Companies WMB.N are each up marginally

NextDecade NEXT.O rises 2.6% and New Fortress Energy NFE.O soars 13.3%

NFE extends its forbearance agreement for notes due in 2029, giving it until January 19 to make the overdue payments

Natgas ETFs also rise, with United States Natural Gas Fund UNG.P up 2.4% and ProShares Ultra Bloomberg Natural Gas BOIL.P up 4.1%