Natural gas price slides on mild weather outlook as EQT and U.S. gas stocks drift lower
U.S. natural gas futures dropped over 6% Monday morning, with the March contract trading near $3.20 per mmBtu after forecasts turned milder. EQT Corp fell 1.2%, while Antero and Range Resources also declined. Analysts expect weaker heating demand to ease storage pressures. Traders await Thursday’s EIA storage report and updated weather models.