...Fitch Ratings maintains the Henry Hub price deck for 2026, 2027, and 2028 at $3.50 per thousand cubic feet (mcf), $3.25/mcf and $3.00/mcf, respectively. Fitch maintains its long-term assumption at $2.75/mcf. In addition, Fitch maintains the stress case price deck to $3.50 for 2026 and $2.50 for 2027. Due to winter storms and extreme cold-related price spikes as high as $30.72/mcf in late January, spot natural gas prices averaged $5.67/mcf through February. As of September 22, 2026, spot natural gas prices have averaged $3.50/mcf. Rated natural gas producers in the U.S. and Canada are generally protected from a short-term decline in prices through hedging and improved balance sheets....
