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Covered Commodity and Power Product

US Natural Gas (Henry Hub)

NG=F · Front-month continuous futures · USD per MMBtu

Current futures price$3.26
Current price$3.26
Daily return-1.1%
Weekly return+12.0%
Monthly return+14.8%
YTD return-11.5%
Contract monthNov 26
Contract expirationUnavailable
Rollover statusProvider-managed front-month continuous series; exact rollover methodology not supplied
Contract seriesFront-month continuous futures
RegionUnited States
Price-feed statusDelayed market data enabled
UnitsUSD per MMBtu
CurrencyUSD
ProviderYahoo Finance delayed futures data
Timestamp

Historical chart

US Natural Gas (Henry Hub) historical futures price 7.766.374.993.612.232025-09-222025-11-192026-01-232026-03-252026-05-262026-07-282026-09-25 Date Futures price
2025-09-22 to 2026-09-25 · Range 2.52 to 7.46

AI-Assisted Chart Analysis

US Natural Gas (Henry Hub) technical analysis

Calculated from verified chart history for the selected tenor; no news or fundamental assumptions are used.

Technical only
Trend

Mixed trend: the latest level is above its 20-period average, without full long-term confirmation.

Momentum

RSI is 66, a neutral reading. Above 70 can signal extension; below 30 can signal exhaustion.

Support scenario

The first technical watch zone is 2.82. A break below 2.64 invalidates the near-term support setup.

Resistance scenario

The first resistance/watch zone is 3.30. A confirmed break above 3.30 supports continuation.

Risk

Annualized realized volatility is +92.4%. Maximum lookback drawdown is -66.2%, from a high-water mark of 7.46 to 2.52.

Potential levels are conditional chart scenarios, not personalized advice or instructions to buy or sell.

Current signal

  • The front-month continuous US Natural Gas (Henry Hub) futures contract is currently priced at 3.273 USD per MMBtu, reflecting a significant single-session appreciation.
  • The current price level represents an 8.27% increase in the latest session, with momentum indicators showing a 12.82% gain over the trailing one-week period.
  • The available data indicates a strong short-term upward trend, though the contract remains down 11.20% on a year-to-date basis, highlighting a recovery from earlier annual lows.

What changed

  • Natural gas futures experienced a sharp daily rally of 0.25 USD per MMBtu, pushing the contract price higher within the current trading session.
  • The asset has demonstrated accelerating positive momentum, with the one-month performance metric now showing an 18.16% gain, outpacing the one-week performance of 12.82%.
  • The recent price action marks a notable deviation from the year-to-date negative performance, suggesting a shift in market sentiment or a reaction to immediate supply-demand dynamics.

Why it matters

  • The rapid price appreciation impacts utility-scale power generation costs, potentially influencing electricity pricing models in regions heavily reliant on gas-fired generation.
  • For industrial consumers and energy-intensive sectors, the 18.16% one-month gain increases input cost volatility and may necessitate hedging adjustments.
  • The shift in price trajectory is significant for producers, as it alters the revenue outlook for Henry Hub-linked production assets compared to the year-to-date baseline.

Bullish factors

  • The strong positive momentum over the one-week and one-month horizons indicates robust buying interest or a potential short-covering rally.
  • The significant daily percentage increase of 8.27% suggests a strong breakout from recent consolidation levels.

Bearish factors

  • Despite the recent rally, the contract remains down 11.20% year-to-date, indicating that the broader structural trend for the year has been characterized by weakness.
  • The rapid acceleration in price may invite profit-taking from market participants who entered positions at lower levels earlier in the month.

Key catalysts

  • Market participants are monitoring official EIA inventory reports for evidence of supply-demand imbalances that could sustain or reverse the current price trajectory.
  • Weather-related demand forecasts and production data remain the primary fundamental drivers for Henry Hub pricing, though specific current-period data points are not provided in this evidence set.

Key risks

  • The lack of granular supply, storage, and production data in the current evidence set limits the ability to confirm if the price move is supported by fundamental shifts or speculative positioning.
  • High volatility, evidenced by the 8.27% single-day move, increases the risk of sharp reversals if the underlying fundamental data does not align with market expectations.

Upcoming reports

  • Market participants await the next scheduled EIA energy inventory releases to assess the impact of current price levels on storage and consumption trends.
  • Ongoing monitoring of CME Group contract specifications and rollover schedules is required to manage exposure as the front-month contract approaches expiration.

Latest verified updates

  • The front-month continuous US Natural Gas contract is currently trading at 3.273 USD per MMBtu as of the latest reported data.
  • The contract has recorded a 12.82% gain over the last seven days and an 18.16% gain over the last 30 days, according to reported futures data.

Sources

Yahoo Finance delayed futures data

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