Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake
Published . Updated .
Blackstone Credit & Insurance (BCRED) is teaming up with four Canadian institutional investors in a $3.1 billion liquefied natural gas (LNG) transaction.
Directly affected
- BX Blackstone-6.2% 30d
Named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-11.6% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- USO United States Oil Fund+13.9% 30d
United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story.
- XLF Financial Select Sector SPDR-3.1% 30d
Financial Select Sector SPDR: it holds banks. Linked by “credit” (banks) in this story.
- EWC iShares MSCI Canada ETF+0.3% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).
- LNG Cheniere Energy+20.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
- EQT Eqt+4.2% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
- KMI Kinder Morgan+4.8% 6d
Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BX | -2.87% | +0.37% | base | after close | after close | after close | after close |
| UNGNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | +1.44% | +2.16% | base | after close | after close | after close | after close |
| USO | +4.37% | +7.30% | base | after close | after close | after close | after close |
| XLFNo price data for this ticker | — | — | — | — | — | — | — |
| EWCNo price data for this ticker | — | — | — | — | — | — | — |
| LNGNo price data for this ticker | — | — | — | — | — | — | — |
| EQTNo price data for this ticker | — | — | — | — | — | — | — |
| KMINo price data for this ticker | — | — | — | — | — | — | — |
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.
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Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake Alternatives Watch
Source: Alternatives Watch
Price since this story was published: United States Natural Gas Fund (UNG)
| Company | When | Move | Status |
|---|---|---|---|
| BX | three days earlier | +0.37% | final price |
| BX | five days earlier | -2.87% | final price |
| United States Oil Fund (USO) | three days earlier | +7.30% | final price |
| United States Oil Fund (USO) | five days earlier | +4.37% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +2.16% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +1.44% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Blackstone (BX), worth $250,001 - $500,000 on 21 Aug 2026. That is 73 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 27 Aug 2026. That is 67 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 77 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 80 days before publication. Filed 14 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 mentioned with this story
- UNG United States Natural Gas Fund
For “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake,” United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence. Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- XLE Select Sector Spdr Tr
In “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake,” 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 “lng” (natural gas) in this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story
- EWC Ishares Msci Canada Etf
In “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)
- LNG Cheniere Energy
Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake.” Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
- EQT Eqt
For “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
- KMI Kinder Morgan
In “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake,” 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 “lng” (natural gas) in this story
United States Natural Gas Fund (UNG) and the energy link
The 2 Nov 2026 story “Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake” names United States Natural Gas Fund (UNG) because of Energy.
For United States Natural Gas Fund (UNG), the reason on file says United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
What this energy story puts on the calendar
UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.08. USO traded between 141.82 and 171.80 across 20 sessions. The latest close on file is 168.83. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.
How solid the energy case looks
46 out of 100
“Blackstone, Canadian pensions invest $3.1bn in Mitsubishi LNG stake” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.