Natural gas companies fall due to warmer weather forecast – 01/17/2025 at 4:43 p.m.

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

January 17 – **Stocks of natural gas companies fall as natural gas futures lose about 5% from their highest level in two years in the previous session NGA/

**US natural gas NGc1 prices fell 5.6% to $4.01 per million British thermal units (mmBtu), after the contract closed at its highest level since December 30, 2022, on Thursday

** Natural gas prices fell on forecasts of warmer weather in late January and early February, which is expected to reduce demand for gas for heating

** LNG companies EQT Corp EQT.N fall 1.5% and CNX Resources CNX.N 1.9%

** ETFs United States Natural Gas Fund UNG.P down 5.6% and ProShares Ultra Bloomberg Natural Gas BOIL.P down 10%