Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines
Published . Updated .
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Anthropic bought billions of dollars worth of natural gas turbines in a deal that could give it buyer's remorse.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- LNG Cheniere Energy+3.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- EQT Eqt-5.9% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- KMI Kinder Morgan
Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- WMB The Williams Companies
The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.
- MSFT Microsoft+4.1% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNG | -3.53% | -0.64% | base | +8.24% | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | +0.56% | after close | after close | after close |
| QQQ | +3.80% | +5.39% | base | +3.80% | after close | after close | after close |
| LNG | +12.08% | +5.02% | base | +2.86% | after close | after close | after close |
| EQT | +11.04% | +6.35% | base | +0.98% | after close | after close | after close |
| KMI | +9.25% | +5.24% | base | +2.09% | after close | after close | after close |
| WMB | +11.09% | +5.91% | base | +3.60% | after close | after close | after close |
| MSFT | -4.44% | +4.80% | base | +3.24% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines TechCrunch
Source: TechCrunch
Price since this story was published: United States Natural Gas Fund (UNG)
| Company | When | Move | Status |
|---|---|---|---|
| Eqt (EQT) | that day | +0.98% | final price |
| Eqt (EQT) | three days earlier | +6.35% | final price |
| Eqt (EQT) | five days earlier | +11.04% | final price |
| Kinder Morgan (KMI) | that day | +2.09% | final price |
| Kinder Morgan (KMI) | three days earlier | +5.24% | final price |
| Kinder Morgan (KMI) | five days earlier | +9.25% | final price |
| Cheniere Energy (LNG) | that day | +2.86% | final price |
| Cheniere Energy (LNG) | three days earlier | +5.02% | final price |
| Cheniere Energy (LNG) | five days earlier | +12.08% | final price |
| Microsoft (MSFT) | that day | +3.24% | final price |
| Microsoft (MSFT) | three days earlier | +4.80% | final price |
| Microsoft (MSFT) | five days earlier | -4.44% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | +3.80% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | +5.39% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | +3.80% | final price |
| United States Natural Gas Fund (UNG) | that day | +8.24% | final price |
| United States Natural Gas Fund (UNG) | three days earlier | -0.64% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -3.53% | final price |
| Williams Companies (WMB) | that day | +3.60% | final price |
| Williams Companies (WMB) | three days earlier | +5.91% | final price |
| Williams Companies (WMB) | five days earlier | +11.09% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.56% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 74 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 84 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 87 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 62 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 81 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 82 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 19 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 25 days before publication. Filed 2 Nov 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 38 days before publication. Filed 27 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Natural Gas Fund (UNG) on one side of this energy story
Companies tied to this story
- UNG United States Natural Gas Fund
United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story
- XLE Select Sector Spdr Tr
For “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story
- QQQ Invesco Qqq Trust, Series 1
In “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- LNG Cheniere Energy
In “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story
- EQT Eqt
Eqt (EQT) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines.” Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story
- KMI Kinder Morgan
In “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story
- WMB Williams Companies
Williams Companies (WMB) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines.” Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story
- MSFT Microsoft
For “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story
How energy news reaches United States Natural Gas Fund (UNG)
United States Natural Gas Fund (UNG) is the company in “Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines,” the 9 Nov 2026 Energy story.
The link for United States Natural Gas Fund (UNG) is this: United States Natural Gas Fund: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story
Dates and price levels for United States Natural Gas Fund (UNG)
QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How strong the case is around United States Natural Gas Fund (UNG)
46 out of 100
“Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.