Geopolitics Alpha

Metlen, Shell sign long-term LNG supply deal

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Metlen, Shell sign long-term LNG supply deal

Greece's Metlen Energy & Metals LSE:MTLN and Shell LSE:SHEL signed a binding long-term liquefied natural gas (LNG) supply agreement, the companies said on Monday.

Directly affected

  • SHEL Shell+0.1% 13d

    Named in this report.

  • MTMTY Metlen Energy & Metals

    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.

  • PICK iShares MSCI Global Metals & Mining Producers ETF-7.0% 30d

    iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “metals” (metals & mining) in this story.

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“greece”).

  • 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.

  • 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.

  • 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
SHEL-1.66%-3.31%baseafter closeafter closeafter closeafter close
MTMTYNo price data for this ticker———————
UNGNo price data for this ticker———————
XLE-0.51%-2.20%baseafter closeafter closeafter closeafter close
PICKNo price data for this ticker———————
VGKNo price data for this ticker———————
LNGNo price data for this ticker———————
EQTNo price data for this ticker———————
WMBNo 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

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Metlen, Shell sign long-term LNG supply deal TradingView

Source: TradingView

How far United States Natural Gas Fund (UNG) has moved since 2 Nov 2026

CompanyWhenMoveStatus
SHELthree days earlier-3.31%final price
SHELfive days earlier-1.66%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 is named in “Metlen, Shell sign long-term LNG supply deal”

Companies tied to this story

  • UNG United States Natural Gas Fund

    In “Metlen, Shell sign long-term LNG supply deal,” 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 “Metlen, Shell sign long-term LNG supply deal,” 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

    Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Metlen, Shell sign long-term LNG supply deal.” 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 “Metlen, Shell sign long-term LNG supply deal,” 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

    Kinder Morgan (KMI) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Metlen, Shell sign long-term LNG supply deal.” 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

    Williams Companies (WMB) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Metlen, Shell sign long-term LNG supply deal.” 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 energy news reaches United States Natural Gas Fund (UNG)

United States Natural Gas Fund (UNG) is the company in “Metlen, Shell sign long-term LNG supply deal,” the 2 Nov 2026 Energy story.

United States Natural Gas Fund (UNG) is on the page because 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

The price range for United States Natural Gas Fund (UNG), and the dates in the story

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.

What the saved facts support for United States Natural Gas Fund (UNG)

46 out of 100

“Metlen, Shell sign long-term LNG supply deal” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.