US natgas companies gain on cold weather outlook and higher demand

CNX Resources

28/11/2025 16:14

** Shares of U.S. natural gas companies gain, tracking rise in natgas futures NGA

** U.S. natgas futures NGc1 up 3.7% at $4.73 per million British thermal unit

** Natgas prices rise driven by forecasts for colder weather and higher demand, while a bigger-than-expected storage withdrawal data this week provided support

** Shares of natgas companies: CNX Resources up 2.3% CNX.N and Cheniere Energy LNG.N gain ~2%, Williams Companies WMB.N and Energy Transfer ET.N both rise 1.3%

** ETFs rise: United States Natural Gas Fund UNG.P up 3% and ProShares Ultra Bloomberg Natural Gas BOIL.P gains 6.2%

(Reporting by Dharna Bafna)

((Dharna.bafna@thomsonreuters.com))