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SRE — Sempra News Story

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US natgas stocks rise on higher demand forecasts, rising oil futures

BUZZ-US natgas stocks rise on higher demand forecasts, rising oil futures

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

** Front-month gas futures for August delivery NGc1 on the New York Mercantile Exchange up 1.8% at $2.916 per million British thermal units

** U.S. natgas futures rise supported by robust summer cooling demand and a rally in oil prices, as investors await the U.S. Energy Information Administration's weekly gas storage report due Thursday

** CNX Resources CNX.N up 3.6%, EQT Corp EQT.N gains 7.6%, Energy Transfer ET.N jumps 1.2% and Venture Global VG.N adds 3.5%

** Williams Companies WMB.N rise 1.7%, NextDecade NEXT.O adds 2% and Sempra SRE.N advances 2.5%

** Natgas ETFs also rise, with United States Natural Gas Fund UNG.P up 1.2% and ProShares Ultra Bloomberg Natural Gas BOIL.P up 2.6%


(Reporting by Pooja Menon in Bengaluru)

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

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