BUZZ-Natgas companies fall on rising output, lower flows to LNG export plants

Reuters
2025/05/12
BUZZ-Natgas companies fall on rising output, lower flows to LNG export plants

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

** U.S. natgas futures NGc1 down 4.2% at $3.63 per million British thermal units. On Friday, the contract closed at its highest since April 9

** Natural gas prices fell over 4% on a rise in output in recent days coupled with a decline in gas flows to liquefied natural gas $(LNG)$ export plants

** Shares of natgas companies: CNX Resources CNX.N down 1.8%, EQT Corp EQT.N falls 1.9% and Cheniere Energy LNG.N down 1.6%

** ETFs — United States Natural Gas Fund UNG.P and ProShares Ultra Bloomberg Natural Gas BOIL.P fall 4% and 5.6%, respectively

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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