Current Data
Natgas Strip
3.06 0.01
Last updated: October 6, 2026 05:52

12 Month Gas Strip

The 12-month natural gas strip is the average of the upcoming 12 months of closing Henry Hub natural gas futures prices as reported on CME/NYMEX. When the strip is high, producers are encouraged to drill for gas and may hedge some percentage of their production into the futures market. When the strip is low, to the extent possible producers shift drilling dollars into other commodities – wet gas to get to the NGLs, or crude oil. The price is shown in $/MMBtu. The 12 Mo. Natgas Strip is indicative of the market’s longer-term view of natural gas prices.

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