UNL - Natural Gas Producers Benefit From Oil's Collapse: Associated Gas And Surprising Torque
World governmental responses to the Covid-19 pandemic have devastated short-term oil demand, crashing the price of oil and the prices of oil producer shares. Lower oil and oil equity prices imply less production of natural gas as a byproduct of oil wells, called "associated gas," and the market has responded with stronger natural gas prices despite lower natural gas demand from Covid-19 related effects. And some larger natural gas producer equities have shot higher, perhaps pricing in expectations of future increases in natural gas prices.
Here is a chart of the change in the price