NYSE:HSY News 5 February 2026

February 5, 2026, 5:24 PM EST. March Nymex natural gas prices rose 1.27% following a record withdrawal of 360 billion cubic feet (bcf) from U.S. gas storage, the largest weekly drop ever reported by the Energy Information Administration (EIA). Colder-than-normal temperatures forecasted for the eastern U.S. are expected to boost heating demand, supporting higher prices. However, warmer forecasts for the Midwest and South tempered gains. U.S. dry gas production stood at 112.5 bcf/day, slightly lower than demand at 114.2 bcf/day. Exports via LNG terminals remained strong at 19.1 bcf/day. Despite near-record production levels, the EIA lowered its 2026 production forecast, indicating tighter supply. U.S. electricity output increased 21.4% year-on-year, further underpinning demand pressures. Inventory levels remain slightly below the five-year average, signaling constrained supplies amid ongoing cold weather impacts and production disruptions in Texas.