Nat Gas ICE PEN COT Report
CFTC Commitments of Traders · positions as of Tuesday 2026-09-01, released Sep 4, 2026 (the CFTC reports each Tuesday's close three days later) · next release Sep 11, 2026 (regular cycle; see the release schedule for holiday shifts)
Nat Gas ICE PEN positioning leans bearish - commercials selling (26w index 21).
How this read is built
- Commercials (hedgers) are net long and sit near the bottom of their 26-week range (COT index 21) - a bearish tilt in the traditional read.
A description of how traders are positioned versus their own history - the standard Commitments of Traders interpretation, computed identically for every market. It is not a price forecast, a trading signal, or advice. How traders use positioning · how the read is computed.
As of the COT report, large speculators are net short 122,109 Nat Gas ICE PEN futures contracts (down 9,202 week-over-week), commercials are net long 122,228, and open interest is 651,706 contracts. Managed money was net short 121,478 contracts as of (down 857 week-over-week).
Cite this data
FuturesBench, "Nat Gas ICE PEN COT Report," data as of 2026-09-01. https://futuresbench.com/cot/nat-gas-ice-pen/#net-position Source: CFTC Commitments of Traders (public domain). CSV: https://futuresbench.com/data/cot/nat-gas-ice-pen.csv
Embed this chart
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Positioning - as of Tuesday 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Large speculators | -122,109 | -9,202 | -18.7% | 79.0 | 79.0 | 50.7 |
| Commercials | 122,228 | +9,221 | 18.8% | 20.9 | 20.9 | 48.8 |
| Small traders | -119 | -19 | -0.0% | 46.7 | 46.7 | 46.8 |
Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.
Disaggregated report - positions as of Tue 2026-09-01
| Trader category | Net position | Weekly change | % of open interest | COT index 26w | COT index 52w | COT index 3y |
|---|---|---|---|---|---|---|
| Producer/merchant | -20,095 | -25,340 | -3.1% | 21.3 | 21.3 | 49.3 |
| Swap dealers | 142,323 | +53,027 | 21.8% | 60.6 | 45.9 | 35.1 |
| Managed money | -121,478 | -857 | -18.6% | 69.2 | 73.4 | 69.1 |
| Other reportables | -631 | -26,855 | -0.1% | 41.4 | 31.9 | 31.9 |
| Small traders | -119 | +25 | -0.0% | 46.7 | 46.7 | 46.8 |
Full Disaggregated report history: CSV · switch the chart above to this report family for the full series.
Recent history
| Report date | Open interest | Large spec net | Δ | Commercial net | Δ | Small trader net |
|---|---|---|---|---|---|---|
| 2026-09-01 | 651,706 | -122,109 | -9,202 | 122,228 | +9,221 | -119 |
| 2026-08-25 | 752,027 | -112,907 | -18,510 | 113,007 | +18,466 | -100 |
| 2026-08-18 | 712,286 | -94,397 | -4,183 | 94,541 | +4,149 | -144 |
| 2026-08-11 | 706,411 | -90,214 | +14,894 | 90,392 | -14,982 | -178 |
| 2026-08-04 | 676,348 | -105,108 | -15,181 | 105,374 | +13,818 | -266 |
| 2026-07-28 | 761,304 | -89,927 | +74,072 | 91,556 | -72,614 | -1,629 |
| 2026-07-21 | 690,703 | -163,999 | -8,047 | 164,170 | +8,060 | -171 |
| 2026-07-14 | 671,071 | -155,952 | -13,030 | 156,110 | +13,030 | -158 |
| 2026-07-07 | 655,402 | -142,922 | +388 | 143,080 | -406 | -158 |
| 2026-06-30 | 647,077 | -143,310 | +19,858 | 143,486 | -19,866 | -176 |
| 2026-06-23 | 730,036 | -163,168 | +2,098 | 163,352 | -2,158 | -184 |
| 2026-06-16 | 726,983 | -165,266 | +19,322 | 165,510 | -19,167 | -244 |
| 2026-06-09 | 710,048 | -184,588 | -8,496 | 184,677 | +8,616 | -89 |
| 2026-06-02 | 690,721 | -176,092 | -42,443 | 176,061 | +46,805 | 31 |
| 2026-05-26 | 758,107 | -133,649 | +60,893 | 129,256 | -65,121 | 4,393 |
| 2026-05-19 | 728,848 | -194,542 | -15,931 | 194,377 | +15,903 | 165 |
| 2026-05-12 | 702,735 | -178,611 | -1,197 | 178,474 | +1,374 | 137 |
| 2026-05-05 | 670,557 | -177,414 | +5,260 | 177,100 | -9,640 | 314 |
| 2026-04-28 | 658,139 | -182,674 | +39,201 | 186,740 | -34,690 | -4,066 |
| 2026-04-21 | 728,391 | -221,875 | -19,070 | 221,430 | +19,144 | 445 |
| 2026-04-14 | 685,343 | -202,805 | +6,997 | 202,286 | -6,997 | 519 |
| 2026-04-07 | 676,135 | -209,802 | +1,009 | 209,283 | -1,216 | 519 |
| 2026-03-31 | 653,556 | -210,811 | +32,641 | 210,499 | -32,205 | 312 |
| 2026-03-24 | 734,259 | -243,452 | -17,370 | 242,704 | +17,274 | 748 |
| 2026-03-17 | 758,072 | -226,082 | -82,418 | 225,430 | +82,473 | 652 |
| 2026-03-10 | 699,316 | -143,664 | -1,732 | 142,957 | +1,523 | 707 |
Full history, no login: CSV (2013-05-07 → 2026-09-01) · JSON
Contract facts
FAQ
- Are large speculators long or short Nat Gas ICE PEN futures?
- As of the 2026-09-01 COT report, large speculators (non-commercial traders) are net short 122,109 contracts in Nat Gas ICE PEN futures.
- How current is this Nat Gas ICE PEN COT data?
- The latest report is dated 2026-09-01 (positions as of that Tuesday's close), published by the CFTC on 2026-09-04. This page updates within minutes of each weekly release.
- Where can I download Nat Gas ICE PEN COT history?
- The full weekly series (2013-05-07 to 2026-09-01) is free at /data/cot/nat-gas-ice-pen.csv - no login, no cap.
Learn: how to read this report · commercials vs non-commercials · glossary
Related markets
Source: CFTC Commitments of Traders, legacy futures-only report, contract code 023392. Dataset coverage 2013-05-07 → 2026-09-01. Methodology.