Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom
Published . Updated .
This report is about natural gas and fertilizer.
Directly affected
- No company is 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 “natural gas” (natural gas) in this story.
- XLE Energy Select Sector SPDR+12.1% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.
- MOO VanEck Agribusiness ETF-2.3% 30d
VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “ammonia” (fertilizer) 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 “natural gas” (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 “natural gas” (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 “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.
- NTR Nutrien-9.8% 30d
Nutrien (agricultural chemicals): fertilizer makers move with crop-nutrient prices. Linked by “ammonia” (fertilizer) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNGNo price data for this ticker | — | — | — | — | — | — | — |
| XLE | -0.51% | -2.20% | base | -3.91% | after close | after close | after close |
| MOONo price data for this ticker | — | — | — | — | — | — | — |
| LNGNo price data for this ticker | — | — | — | — | — | — | — |
| EQTNo price data for this ticker | — | — | — | — | — | — | — |
| KMINo price data for this ticker | — | — | — | — | — | — | — |
| WMBNo price data for this ticker | — | — | — | — | — | — | — |
| NTRNo 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.
Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom Natural Gas Intelligence
Source: Natural Gas Intelligence
How far United States Natural Gas Fund (UNG) has moved since 2 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Select Sector Spdr Tr (XLE) | that day | -3.91% | 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
- 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.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 55 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 74 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 75 days before publication. Filed 17 Sep 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
United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom.” 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
In “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom,” 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
- MOO Vaneck Etf Trust
For “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom,” Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence. Reason on file: VanEck Agribusiness ETF: it holds agribusiness and fertilizer firms. Linked by “ammonia” (fertilizer) in this story
- LNG Cheniere Energy
Cheniere Energy (LNG) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom.” 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
In “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom,” 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 “natural gas” (natural gas) in this story
- KMI Kinder Morgan
For “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom,” 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
For “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom,” 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 “natural gas” (natural gas) in this story
- NTR Nutrien
Nutrien (NTR) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom.” Reason on file: Nutrien (agricultural chemicals): fertilizer makers move with crop-nutrient prices. Linked by “ammonia” (fertilizer) in this story
United States Natural Gas Fund (UNG) and the energy link
United States Natural Gas Fund (UNG) is the company in “Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom,” 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 “natural gas” (natural gas) in this story
Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story
Dates in the story, and the United States Natural Gas Fund (UNG) price range
MOO traded between 79.94 and 82.66 across 20 sessions. The latest close on file is 82.05. 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
“Natural Gas Discounts Offer Ammonia Producers Fall Savings, but Winter Costs Loom” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.