Natgas firms rise on cooler weather forecasts

Tellurian

28/02/2024 18:03

** Shares of natural gas companies rise as natgas futures
 NGc1  rise 3.26%
    ** U.S. natural gas futures rise, rebounding from a
four-year low hit in the previous session, helped by forecasts
for slightly cooler weather leading to increased demand for gas
for heating  NGA/ 
    ** Producer CNX Resources  CNX.N  up 0.51% 
    ** LNG firms New Fortress Energy Inc  NFE.O  and Tellurian
 TELL.A  rise 0.35% and 1.18%, respectively
    **  ETFs United States Natural Gas Fund  UNG.P  gains 2.78%
and ProShares Ultra Bloomberg Natural Gas  BOIL.P  up 6.35%

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))