Utilities Shares Fall Amid Declining Natural Gas Prices
Dow Jones06:42
Stocks in the utilities sector fell amid weak natural gas prices despite high temperatures boosting demand for cooling.
The U.S. power sector has been using less natural gas amid an increasing supply of renewables, according to NatGasWeather.com.
Natural gas inventories likely had a normal-sized build last week, leaving the storage surplus over the five-year average practically unchanged, according to a Wall Street Journal survey of analysts.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
July 15, 2026 18:42 ET (22:42 GMT)
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