US natgas companies drop on milder weather forecast

The Williams Companies

08/12/2025 16:12

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

** U.S. natgas futures NGc1 fell 5.7% to $4.987 per million British thermal unit

** Natgas prices fell on forecasts for less cold weather over the next two weeks than previously expected, near-record output, ample amounts of gas in storage and lower prices around the world

** Shares of natgas companies: Cheniere Energy LNG.N down ~2%, Expand Energy EXE.O down 1.4% and Williams Companies WMB.N down 1.4%

** ETFs rise: United States Natural Gas Fund UNG.P down 6.4% and ProShares Ultra Bloomberg Natural Gas BOIL.P down ~13%

(Reporting by Dharna Bafna)

((Dharna.bafna@thomsonreuters.com))