BUZZ-Natgas companies gain on colder weather forecasts

Reuters

2024/11/21

Updates

** Shares of U.S. natural gas companies rise, tracking higher prices of the fuel

** Front-month gas futures NGc1 hit their highest level in more than one year on forecasts of colder weather and rising flows to liquefied natural gas export plants

** Natural gas producers CNX Resources CNX.N, Expand Energy EXE.O, Coterra Energy CTRA.N and EQT Corp EQT.N rise between 1.4% and 2%

** Liquefied natural gas firms New Fortress Energy NFE.O and Energy Transfer ET.N rise 1.6% and 2.1%, respectively

(Reporting by Sourasis Bose in Bengaluru)

((Sourasis.bose@thomsonreuters.com))

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