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NYSEA:UNG 2 February 2026

Natural gas prices plunge 26% as warmer forecasts hit; UNG tumbles and traders eye U.S. storage data

Natural gas prices plunge 26% as warmer forecasts hit; UNG tumbles and traders eye U.S. storage data

U.S. natural gas prices plunged 25.7% Monday, the steepest drop since 1995, after warmer mid-February forecasts and a rapid supply rebound. The March Henry Hub contract settled at $3.237/mmBtu. Shares of EQT Corp and Antero Resources fell 5.2% and 7.6% in after-hours trading. Traders await Thursday’s storage report and updated weather models.

Stock Market Today

  • Carvana Shares Rise 2.6% Following 5-for-1 Stock Split Approval
    March 16, 2026, 10:16 AM EDT. Carvana Co. shares climbed 2.6% after its board approved a 5-for-1 stock split, designed to boost trading accessibility and liquidity. This move multiplies outstanding shares by five, reducing the per-share price but leaving overall market value unchanged. The split often signals management confidence and usually follows a period of strong share-price growth; Carvana's shares have gained nearly 61% over the past year. Competitors Cars.com and CarGurus have underperformed, declining 34.5% and 0.9%, respectively. The split aims to enhance retail investor interest as Carvana expands its digital auto-retailing platform amid a competitive used-car market, although it does not alter the company's fundamentals.
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