Geopolitics Alpha

Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market

Published . Updated .

Key takeaways

  • Exposed: UNG, XLE, LNG, EQT, KMI
  • Market reaction: XLE −0.4% on the day (still updating); UNG 0.0% on the day (still updating); WMB +2.4% on the day (still updating)

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.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

ENERGYPemex Boosts Natural Gas Output,but Infrastructure Limits Supplyto MarketGEOPOLITICS ALPHA

This report is about natural gas.

Directly affected

  • No company is named in this report.

Indirectly affected

  • UNG United States Natural Gas Fund-17.0% 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+8.9% 30d

    Energy Select Sector SPDR: it follows natural-gas prices. Linked by “natural gas” (natural gas) in this story.

  • LNG Cheniere Energy+14.1% 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+3.2% 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+4.8% 6d

    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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG+6.94%+1.94%base+0.00%after closeafter closeafter close
XLE+1.44%+2.16%base-0.36%after closeafter closeafter close
LNG-3.81%+2.35%base-0.04%after closeafter closeafter close
EQT+2.63%-0.55%base+0.62%after closeafter closeafter close
KMI+3.48%+3.80%base+0.67%after closeafter closeafter close
WMB+4.07%+5.18%base+2.35%after closeafter closeafter close

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.

Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market Natural Gas Intelligence

Source: Natural Gas Intelligence

United States Natural Gas Fund (UNG) since this story, compared with the market

CompanyWhenMoveStatus
Eqt (EQT)that day+0.62%still updating
Eqt (EQT)three days earlier-0.55%final price
Eqt (EQT)five days earlier+2.63%final price
Kinder Morgan (KMI)that day+0.67%still updating
Kinder Morgan (KMI)three days earlier+3.80%final price
Kinder Morgan (KMI)five days earlier+3.48%final price
Cheniere Energy (LNG)that day-0.04%still updating
Cheniere Energy (LNG)three days earlier+2.35%final price
Cheniere Energy (LNG)five days earlier-3.81%final price
United States Natural Gas Fund (UNG)that day0.00%still updating
United States Natural Gas Fund (UNG)three days earlier+1.94%final price
United States Natural Gas Fund (UNG)five days earlier+6.94%final price
Williams Companies (WMB)that day+2.35%still updating
Williams Companies (WMB)three days earlier+5.18%final price
Williams Companies (WMB)five days earlier+4.07%final price
Select Sector Spdr Tr (XLE)that day-0.36%still updating
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

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 mentioned with this story

  • UNG United States Natural Gas Fund

    In “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market,” 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 “natural gas” (natural gas) in this story

  • XLE Select Sector Spdr Tr

    In “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market,” 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

  • LNG Cheniere Energy

    For “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market,” 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 “natural gas” (natural gas) in this story

  • EQT Eqt

    Eqt (EQT) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market.” 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

    Kinder Morgan (KMI) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market.” 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

    Williams Companies (WMB) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market.” 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

United States Natural Gas Fund (UNG) and the energy link

On 3 Nov 2026, “Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market” is the story that connects United States Natural Gas Fund (UNG) to Energy.

The link for United States Natural Gas Fund (UNG) is this: 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

LNG traded between 270.98 and 330.66 across 20 sessions. The latest close on file is 311.54. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.01. XLE traded between 62.95 and 70.15 across 20 sessions. The latest close on file is 67.26.

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

46 out of 100Price not final

“Pemex Boosts Natural Gas Output, but Infrastructure Limits Supply to Market” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.