Buzz-US natgas stocks fall on record output and ample storage

Shares of U.S. natural gas companies were down, tracking a fall in natgas futures.

Front-month gas futures for August delivery were down 3.9% at $2.768 per million British thermal unit, on record output, lower flows to liquefied natural gas export plants, and ample amounts of gas in storage.

Natgas companies fell: CNX Resources CNX.N 1.3%, EQT Corp EQT.N 1.2%, Cheniere Energy LNG.N 3.2% and Energy Transfer ET.N 1.9%.

Williams Companies WMB.N was down 3.4%, NextDecade NEXT.O dipped 4.8% and Sempra SRE.N slipped about 1%.

ETFs United States Natural Gas Fund UNG.P were down 3.6%, and ProShares Ultra Bloomberg Natural Gas BOIL.P fell about 7%.