Natgas companies down on near-record output, lagging LNG exports

Sempra

23/07/2025 16:09

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

** U.S. natgas futures NGc1 down 0.3% at $3.08 per million British thermal unit, putting the contract on track for its lowest close since May 19

** Natural gas prices fell on near-record output, stagnant gas flows to liquefied natural gas (LNG) export plants, and ample amounts of gas in storage

** Shares of natgas companies: CNX Resources CNX.N down 1.8% and EQT Corp EQT.N down 3.7%

** Energy Transfer ET.N, Sempra SRE.N and Williams Companies WMB.N each down marginally

** ETFs — United States Natural Gas Fund UNG.P down 5% and ProShares Ultra Bloomberg Natural Gas BOIL.P down 10%

 (Reporting by Pooja Menon in Bengaluru)

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