BUZZ-Natgas companies gain on record LNG exports, supply concerns

Reuters
昨天
BUZZ-Natgas companies gain on record LNG exports, supply concerns

** Shares of U.S. natural gas companies rise, as natgas prices hit their highest level in more than two years NGA/

** U.S. natgas futures NGc1 up 2.1%, at $4.49 per million British thermal units (mmBtu), after hitting their highest level since December of 2022 earlier in the session

** Natural gas prices were supported by record flows to liquefied natural gas $(LNG)$ export facilities and supply concerns ahead of the summer season

** Natgas firms CNX Resources CNX.N and EQT Corp EQT.N up 1.8% and 1%, respectively

** ETFs - United States Natural Gas Fund UNG.P up 2.6% and ProShares Ultra Bloomberg Natural Gas BOIL.P rises 5%

(Reporting by Pooja Menon in Bengaluru)

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

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