Geopolitics Alpha

ConocoPhillips Signs 20-Year LNG Deal with Venture Global

Published . Updated .

ENERGYConocoPhillips Signs 20-Year LNGDeal with Venture GlobalCOPVGGEOPOLITICS ALPHA

This report is about natural gas.

Directly affected

  • COP Conocophillips+8.3% 30d

    Named in this report.

  • VG Venture Global+8.2% 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.

  • 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.

  • WMB The Williams Companies

    The Williams Companies (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
COP-1.71%-3.24%baseafter closeafter closeafter closeafter close
VG-7.03%-2.84%baseafter closeafter closeafter closeafter close
UNG+5.45%+4.74%baseafter closeafter closeafter closeafter close
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
LNGNo price data for this ticker———————
EQT-0.98%+1.53%baseafter closeafter closeafter closeafter close
KMINo price data for this ticker———————
WMBNo 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

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ConocoPhillips Signs 20-Year LNG Deal with Venture Global EnergyNow.com

Source: EnergyNow.com

The price since 1 Nov 2026: United States Natural Gas Fund (UNG) versus the S&P 500

CompanyWhenMoveStatus
COPthree days earlier-3.24%final price
COPfive days earlier-1.71%final price
Eqt (EQT)three days earlier+1.53%final price
Eqt (EQT)five days earlier-0.98%final price
United States Natural Gas Fund (UNG)three days earlier+4.74%final price
United States Natural Gas Fund (UNG)five days earlier+5.45%final price
VGthree days earlier-2.84%final price
VGfive days earlier-7.03%final price
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).

Who gains and who loses around United States Natural Gas Fund (UNG)

Companies carried with this story

  • UNG United States Natural Gas Fund

    For “ConocoPhillips Signs 20-Year LNG Deal with Venture Global,” 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 “ConocoPhillips Signs 20-Year LNG Deal with Venture Global,” 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

  • LNG Cheniere Energy

    For “ConocoPhillips Signs 20-Year LNG Deal with Venture Global,” 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 “lng” (natural gas) in this story

  • EQT Eqt

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 1 Nov 2026 story “ConocoPhillips Signs 20-Year LNG Deal with Venture Global.” 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 “ConocoPhillips Signs 20-Year LNG Deal with Venture Global,” 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

  • WMB Williams Companies

    For “ConocoPhillips Signs 20-Year LNG Deal with Venture Global,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story

How “ConocoPhillips Signs 20-Year LNG Deal with Venture Global” reaches United States Natural Gas Fund (UNG)

The 1 Nov 2026 story “ConocoPhillips Signs 20-Year LNG Deal with Venture Global” names United States Natural Gas Fund (UNG) because of Energy.

What ties United States Natural Gas Fund (UNG) to the headline is this: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (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 “lng” (natural gas) in this story

Dates and price levels for United States Natural Gas Fund (UNG)

LNG traded between 267.94 and 330.66 across 20 sessions. The latest close on file is 330.35. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.08. XLE traded between 62.06 and 70.15 across 20 sessions. The latest close on file is 70.00.

How strong the case is around United States Natural Gas Fund (UNG)

46 out of 100

“ConocoPhillips Signs 20-Year LNG Deal with Venture Global” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.