Producer/Merchant/Processor/User
- Long
- 222,959
- Short
- 239,976
- Spread
- —
- Net
- -17,017
- Weekly change
- +16,090
- Net / open interest
- -1.01%
- 52 reports
- 46th percentile
- 156 reports
- 76th percentile
Natural Gas futures COT positions and historical chart
Official market: NAT GAS NYME · NYMEX · Disaggregated Futures Only · 10,000 MMBtu
Latest report: 28 July 2026 · Current weekly data
Official CFTC datasetCurrent positioning summary
Managed Money held a net-short Natural Gas futures position of 105,826 contracts. The position decreased by 3,070 contracts from the preceding available report. The position ranked in the 13th percentile of the latest 156 available reports.
Report date: 28 July 2026
Swap Dealer
- Long
- 215,279
- Short
- 18,598
- Spread
- 112,186
- Net
- +196,681
- Weekly change
- +4,472
- Net / open interest
- 11.76%
- 52 reports
- 94th percentile
- 156 reports
- 94th percentile
Managed Money
- Long
- 238,465
- Short
- 344,291
- Spread
- 558,221
- Net
- -105,826
- Weekly change
- -3,070
- Net / open interest
- -6.32%
- 52 reports
- 15th percentile
- 156 reports
- 13th percentile
Historical net position
Actual report dates; missing weeks are not interpolated. A data table follows the chart.
Accessible historical data
Recent normalized observations are server rendered; the chart uses client-side state and the market page keeps one canonical URL.
| Report date | Participant | Long | Short | Spread | Net | Weekly change | Net / OI | 4-report change | 52-report context |
|---|---|---|---|---|---|---|---|---|---|
| 2026-07-28 | Other Reportables | 52,878 | 137,851 | 217,797 | -84,973 | -16,591 | -5.08% | +21,022 | 50th percentile |
| 2026-07-28 | Non-Reportable | 54,656 | 43,521 | — | +11,135 | -901 | 0.66% | -5,728 | 27th percentile |
| 2026-07-28 | Producer/Merchant/Processor/User | 222,959 | 239,976 | — | -17,017 | +16,090 | -1.01% | +14,483 | 46th percentile |
| 2026-07-28 | Swap Dealer | 215,279 | 18,598 | 112,186 | +196,681 | +4,472 | 11.76% | +11,241 | 94th percentile |
| 2026-07-28 | Managed Money | 238,465 | 344,291 | 558,221 | -105,826 | -3,070 | -6.32% | -41,018 | 15th percentile |
| 2026-07-21 | Other Reportables | 61,228 | 129,610 | 218,135 | -68,382 | +4,521 | -4.07% | +25,585 | 79th percentile |
| 2026-07-21 | Non-Reportable | 57,672 | 45,636 | — | +12,036 | -1,048 | 0.71% | -2,886 | 33th percentile |
| 2026-07-21 | Producer/Merchant/Processor/User | 222,111 | 255,218 | — | -33,107 | -4,975 | -1.97% | -2,492 | 10th percentile |
| 2026-07-21 | Swap Dealer | 210,606 | 18,397 | 113,108 | +192,209 | -1,451 | 11.44% | -173 | 88th percentile |
| 2026-07-21 | Managed Money | 233,978 | 336,734 | 562,597 | -102,756 | +2,953 | -6.11% | -20,034 | 19th percentile |
| 2026-07-14 | Other Reportables | 60,086 | 132,989 | 219,004 | -72,903 | +32,109 | -4.38% | +15,664 | 60th percentile |
| 2026-07-14 | Non-Reportable | 56,425 | 43,341 | — | +13,084 | -2,719 | 0.78% | +2,362 | 42th percentile |
| 2026-07-14 | Producer/Merchant/Processor/User | 213,347 | 241,479 | — | -28,132 | +10,052 | -1.69% | +457 | 23th percentile |
| 2026-07-14 | Swap Dealer | 211,737 | 18,077 | 111,228 | +193,660 | +5,972 | 11.64% | +2,317 | 92th percentile |
| 2026-07-14 | Managed Money | 227,169 | 332,878 | 564,340 | -105,709 | -45,414 | -6.35% | -20,800 | 15th percentile |
| 2026-07-07 | Other Reportables | 35,239 | 140,251 | 205,887 | -105,012 | +983 | -6.28% | -33,672 | 27th percentile |
| 2026-07-07 | Non-Reportable | 53,470 | 37,667 | — | +15,803 | -1,060 | 0.94% | -2,416 | 63th percentile |
| 2026-07-07 | Producer/Merchant/Processor/User | 214,181 | 252,365 | — | -38,184 | -6,684 | -2.28% | -17,111 | 10th percentile |
| 2026-07-07 | Swap Dealer | 206,611 | 18,923 | 120,799 | +187,688 | +2,248 | 11.24% | -9,123 | 88th percentile |
| 2026-07-07 | Managed Money | 238,317 | 298,612 | 595,271 | -60,295 | +4,513 | -3.61% | +62,322 | 52th percentile |
| 2026-06-30 | Other Reportables | 37,379 | 143,374 | 193,058 | -105,995 | -12,028 | -6.48% | -34,734 | 25th percentile |
| 2026-06-30 | Non-Reportable | 54,562 | 37,699 | — | +16,863 | +1,941 | 1.03% | +4,661 | 67th percentile |
| 2026-06-30 | Producer/Merchant/Processor/User | 246,741 | 278,241 | — | -31,500 | -885 | -1.92% | -8,717 | 15th percentile |
| 2026-06-30 | Swap Dealer | 203,953 | 18,513 | 122,187 | +185,440 | -6,942 | 11.34% | -11,256 | 87th percentile |
| 2026-06-30 | Managed Money | 221,288 | 286,096 | 555,367 | -64,808 | +17,914 | -3.96% | +50,046 | 46th percentile |
| 2026-06-23 | Other Reportables | 44,588 | 138,555 | 192,749 | -93,967 | -5,400 | -5.82% | -25,212 | 37th percentile |
| 2026-06-23 | Non-Reportable | 51,519 | 36,597 | — | +14,922 | +4,200 | 0.92% | +1,919 | 56th percentile |
| 2026-06-23 | Producer/Merchant/Processor/User | 238,230 | 268,845 | — | -30,615 | -2,026 | -1.89% | -19,908 | 19th percentile |
| 2026-06-23 | Swap Dealer | 213,469 | 21,087 | 118,084 | +192,382 | +1,039 | 11.92% | -8,503 | 92th percentile |
| 2026-06-23 | Managed Money | 202,818 | 285,540 | 551,602 | -82,722 | +2,187 | -5.12% | +51,704 | 31th percentile |
| 2026-06-16 | Other Reportables | 43,287 | 131,854 | 200,341 | -88,567 | -17,227 | -5.38% | +7,326 | 37th percentile |
| 2026-06-16 | Non-Reportable | 54,053 | 43,331 | — | +10,722 | -7,497 | 0.65% | -7,250 | 21th percentile |
| 2026-06-16 | Producer/Merchant/Processor/User | 240,220 | 268,809 | — | -28,589 | -7,516 | -1.73% | -8,321 | 23th percentile |
| 2026-06-16 | Swap Dealer | 213,960 | 22,617 | 130,669 | +191,343 | -5,468 | 11.63% | -3,149 | 92th percentile |
| 2026-06-16 | Managed Money | 199,050 | 283,959 | 562,966 | -84,909 | +37,708 | -5.16% | +11,394 | 27th percentile |
| 2026-06-09 | Other Reportables | 50,012 | 121,352 | 201,035 | -71,340 | -79 | -4.35% | -15,099 | 56th percentile |
| 2026-06-09 | Non-Reportable | 56,264 | 38,045 | — | +18,219 | +6,017 | 1.11% | +1,156 | 77th percentile |
| 2026-06-09 | Producer/Merchant/Processor/User | 240,630 | 261,703 | — | -21,073 | +1,710 | -1.28% | +5,251 | 38th percentile |
| 2026-06-09 | Swap Dealer | 218,259 | 21,448 | 127,306 | +196,811 | +115 | 12.01% | +11,244 | 98th percentile |
| 2026-06-09 | Managed Money | 190,936 | 313,553 | 553,298 | -122,617 | -7,763 | -7.48% | -2,552 | 4th percentile |
How to interpret Natural Gas positioning
What the contract represents
NYMEX Natural Gas futures represent 10,000 MMBtu delivered at Henry Hub.
Categories traders monitor
Managed Money is frequently followed against Producer/Merchant positions in a storage- and weather-sensitive market.
Interpretation considerations
Seasonal storage cycles, weather forecasts, LNG flows and regional constraints can make the same net position mean different things across the year.
Important limitations
Regional basis contracts and OTC physical exposure are excluded, and a delayed weekly snapshot cannot reflect current weather revisions.
Related markets
Download the latest 52 reports as CSV
COT research guides
What Is the Commitments of Traders Report?A practical overview of CFTC COT coverage, publication lag, participant categories, net positioning and limitations.How to Read a COT ReportRead long and short positions, weekly changes, flips and rolling percentiles without overstating what delayed positioning data can show.COT Report Release ScheduleUnderstand the Tuesday position date, later publication, exceptional delays and Squawkdeck processing timestamps.COT Participant Categories ExplainedCompare Dealer/Intermediary, Asset Manager/Institutional, Leveraged Funds, Other Reportables and Non-Reportable traders.Futures Only vs Options Combined COT ReportsLearn why COT report scopes should not be mixed and which TFF scope Squawkdeck uses.CFTC Data MethodologyOfficial sources, contract mapping, formulas, rolling statistics, corrections, missing data and limitations for Squawkdeck CFTC research.