Natural gas prices have been hurt by oversupply and an unseasonably warm winter.
UNG is one of many exchange traded products that give exposure to natural gas. First Trust ISE-Revere Natural Gas Index Fund (NYSEArca: FCG), which invests in producer stocks, has corrected somewhat following a week-long rally. [Natural Gas Producer ETF on 7-Day Winning Streak]
The iPath Dow Jones-UBS Natural Gas ETN (NYSEArca: GAZ) is an exchange traded note indexed to futures contracts. However, the ETN is trading at a steep premium to indicative value, setting investors up for potential losses unrelated to the movement of the commodity’s price. [Natural Gas ETN Premium Tops 100%]
Natural gas futures were higher Thursday following a report that U.S. inventories rose less than expected.
U.S. Natural Gas Fund
