BUZZ-US natgas stocks up on rising LNG flows, colder weather forecasts

Reuters
11 Feb
BUZZ-US natgas stocks up on rising LNG flows, colder weather forecasts

** Shares of U.S. natural gas companies jump as natgas futures climb about 4% to a one-week high NGA/

** U.S. natgas futures NGc1 up 3.7% at $3.43 per million British thermal units (mmBtu), putting the contract on track for its highest close since January 29

** Natural gas prices increase on rising flows to liquefied natural gas export plants and forecasts for colder weather and higher heating demand next week than previously expected

** Natgas firms CNX Resources CNX.N up 3.9%, EQT Corp EQT.N rises 3.2% and New Fortress Energy NFE.O up 3.5%

** ETFs United States Natural Gas Fund UNG.P up 3.8% and ProShares Ultra Bloomberg Natural Gas BOIL.P rises 7.4%

(Reporting by Pooja Menon in Bengaluru)

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

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