Natgas companies gain on rising heating demand

Ovintiv

21/11/2024 13:34

** Shares of U.S. natural gas companies rise, tracking
higher prices of the fuel 
    ** Front-month gas futures  NGc1  hits highest in over a
year on forecasts for colder weather and rising heating demand 
    ** Natural gas producers Ovintiv  OVV.N , CNX Resources
 CNX.N , Coterra Energy  CTRA.N  and EQT Corp  EQT.N  rise
between 1.2% and 2.3%
    ** Liquefied natural gas firms Cheniere Energy  LNG.N  and
New Fortress Energy  NFE.O  rise 0.5% and 0.7%, respectively

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))