Geopolitics Alpha

Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada

Published . Updated .

ENERGYBlackstone Leads $3.1 BillionInvestment in Mitsubishi’s Stakein LNG CanadaBXGEOPOLITICS ALPHA

This report is about natural gas and oil.

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.

  • BWET Breakwave Tanker Shipping ETF-3.3% 17d

    Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) 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 (“canada”).

  • 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+4.1% 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+4.2% 7d

    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

TickerT-5T-3T-1T0T+1T+2T+3
BX+0.45%-1.27%base+2.56%after closeafter closeafter close
UNGNo price data for this ticker———————
XLE-0.51%-2.20%base-1.71%after closeafter closeafter close
USO-1.54%-1.29%base-5.78%after closeafter closeafter close
BWETNo 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.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada WSJ

Source: The Wall Street Journal

United States Natural Gas Fund (UNG) compared with energy stocks (XLE) since 2 Nov 2026

CompanyWhenMoveStatus
BXthat day+2.56%still updating
BXthree days earlier-1.27%final price
BXfive days earlier+0.45%final price
United States Oil Fund (USO)that day-5.78%still updating
United States Oil Fund (USO)three days earlier-1.29%final price
United States Oil Fund (USO)five days earlier-1.54%final price
Select Sector Spdr Tr (XLE)that day-1.71%still updating
Select Sector Spdr Tr (XLE)three days earlier-2.20%final price
Select Sector Spdr Tr (XLE)five days earlier-0.51%final price

Trades by members of Congress and officials in the stocks in this story

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).

Companies in energy around United States Natural Gas Fund (UNG)

Companies mentioned with this story

  • UNG United States Natural Gas Fund

    For “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada,” 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

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada.” 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

    For “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. 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 Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada.” 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 Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada,” 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 (“canada”)

  • LNG Cheniere Energy

    Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada.” 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

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada.” 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

    For “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada,” 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

How energy news reaches United States Natural Gas Fund (UNG)

United States Natural Gas Fund (UNG) is the company in “Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada,” the 2 Nov 2026 Energy story.

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.

A simple score for United States Natural Gas Fund (UNG)

46 out of 100Price not final

“Blackstone Leads $3.1 Billion Investment in Mitsubishi’s Stake in LNG Canada” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.