Natural gas price stock: UNG jumps 7.5% as Henry Hub futures rebound — what traders watch next
Shares of the United States Natural Gas Fund (UNG) jumped 7.5% Monday to $11.18, then slipped 0.9% after-hours as U.S. natural gas futures surged on colder weather forecasts. NYMEX February gas closed at $3.409 per MMBtu, then dropped 2.1% in early Tuesday trading. Dry gas production remains near record highs. Gas-linked stocks and leveraged ETFs also moved sharply.