Geopolitics Alpha

Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck

Published . Updated .

Key takeaways

  • Exposed: UNG, XLE, TAN, LNG, KMI
  • Market reaction: UNG +1.2% on the day; XLE −0.8% on the day; TAN +3.0% on the day

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ENERGYTexas Wind Power Set to Plunge,Putting Natural Gas Generation onDeckGEOPOLITICS ALPHA

This report is about natural gas and clean energy.

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.

  • TAN Invesco Solar ETF-6.4% 30d

    Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “wind power” (clean energy) 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.

  • KMI Kinder Morgan+5.0% 5d

    Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “natural gas” (natural gas) in this story.

  • EQT Eqt+8.8% 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.

  • 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.

  • NEE NextEra Energy+11.5% 30d

    NextEra Energy (electric services): clean-energy firms move with renewables policy and demand. Linked by “wind power” (clean energy) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
UNG+6.94%+1.94%base+1.22%after closeafter closeafter close
XLE+1.44%+2.16%base-0.83%after closeafter closeafter close
TAN-0.12%-2.15%base+3.03%after closeafter closeafter close
LNG-3.81%+2.35%base-0.14%after closeafter closeafter close
KMI+3.48%+3.80%base+0.49%after closeafter closeafter close
EQT+2.63%-0.55%base-1.08%after closeafter closeafter close
WMB+4.07%+5.18%base+1.82%after closeafter closeafter close
NEE-3.09%-3.43%base-0.85%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.

Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck Natural Gas Intelligence

Source: Natural Gas Intelligence

How far United States Natural Gas Fund (UNG) has moved since 3 Nov 2026

CompanyWhenMoveStatus
Eqt (EQT)that day-1.08%final price
Eqt (EQT)three days earlier-0.55%final price
Eqt (EQT)five days earlier+2.63%final price
Kinder Morgan (KMI)that day+0.49%final price
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-0.14%final price
Cheniere Energy (LNG)three days earlier+2.35%final price
Cheniere Energy (LNG)five days earlier-3.81%final price
Nextera Energy (NEE)that day-0.85%final price
Nextera Energy (NEE)three days earlier-3.43%final price
Nextera Energy (NEE)five days earlier-3.09%final price
Invesco Solar Etf (TAN)that day+3.03%final price
Invesco Solar Etf (TAN)three days earlier-2.15%final price
Invesco Solar Etf (TAN)five days earlier-0.12%final price
United States Natural Gas Fund (UNG)that day+1.22%final price
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+1.82%final price
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-0.83%final price
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 tied to this story

  • UNG United States Natural Gas Fund

    For “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” 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 “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” 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

  • TAN Invesco Solar Etf

    In “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” Invesco Solar Etf (TAN) is linked, with no stored direction, medium confidence. Reason on file: Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “wind power” (clean energy) in this story

  • LNG Cheniere Energy

    For “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” 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

  • KMI Kinder Morgan

    For “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” 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

  • EQT Eqt

    For “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” 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

  • WMB Williams Companies

    Williams Companies (WMB) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck.” 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

  • NEE Nextera Energy

    For “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” Nextera Energy (NEE) is linked, with no stored direction, medium confidence. Reason on file: NextEra Energy (electric services): clean-energy firms move with renewables policy and demand. Linked by “wind power” (clean energy) in this story

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

United States Natural Gas Fund (UNG) is the company in “Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck,” the 3 Nov 2026 Energy story.

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 “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

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

TAN traded between 40.77 and 46.34 across 20 sessions. The latest close on file is 41.77. 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.

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

46 out of 100

“Texas Wind Power Set to Plunge, Putting Natural Gas Generation on Deck” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.