United States Natural Gas Fund

UNG

Market cap $374M

U.S. natural gas futures were steady after recent declines on a milder weather outlook and soft LNG feedgas flows.

First Trust Natural Gas ETF (NYSEARCA:FCG) and United States Natural Gas Fund (NYSE:UNG) both pitch themselves as ways to play natural gas, yet they have produced wildly different outcomes for investors who held them.

Liquefied natural gas is poised to become the United States' second-largest net export industry within ​five years, adding nearly $1.4 trillion to its ‌gross domestic product through 2040, according to an S&P Global Energy study.

U.S. natural gas futures continued to claw back ground after their slide under $3, edging higher for a third session.

U.S. natural gas futures held steady on Thursday as the market waited for direction from a federal report ​expected to show energy firms added a near-normal amount of gas to storage last week.

U.S. natural gas futures were modestly lower as soft LNG feedgas flows due to terminal maintenance partially offset demand to meet summer cooling needs.

Anyone holding the United States Natural Gas Fund (NYSEARCA:UNG) is making a specific bet: that a rising Henry Hub spot price will translate into a rising fund price.

Nymex natural gas fell with inventories well above average and LNG demand softer due to terminal maintenance.

U.S. natural gas futures continued their slide as weather forecasts were revised cooler and exports were seen falling on maintenance at Freeport LNG.

U.S. natural gas futures were still reeling from Thursday's bigger-than-expected inventory build and news of Freeport LNG's planned maintenance.