Natgas firms gain on colder-weather forecasts

Sunda Energy

24/03/2023 16:03

** Natgas shares and ETFs rise as front-month futures  NGc1 
gain about 3% on colder-than-normal weather forecasts for the
next two weeks
    ** Natural gas producers SM Energy Co  SM.N , Chesapeake
Energy Co  CHK.O , CNX Resources Corp  CNX.N  and EQT Corp
 EQT.N  up between 0.5% and 2% 
    ** Gas utility firms Sempra Energy and PG&E Corp each gain
~1%
    ** ETFs United States Natural Gas Fund  UNG.P  and ProShares
Ultra Bloomberg Natural Gas  BOIL.P  rise 3.5% and 7%,
respectively



 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))