Natural Gas (Henry Hub) Futures Contract Specifications
NG · NYMEX · one contract = 10,000 MMBtu
Natural Gas (Henry Hub) futures (NG) trade on NYMEX in 0.001-increment ticks worth $10.00 per contract; a full 1.0-point move is $10,000.00. One contract covers 10,000 MMBtu.
Specification table
| Name | Natural Gas (Henry Hub) |
| Exchange | NYMEX |
| Ticker symbol | NG |
| Contract unit | 10,000 MMBtu |
| Tick size | 0.001 |
| Tick value | $10.00 |
| Point value | $10,000.00 |
| CFTC contract code | 023651 |
| COT report families | legacy, disagg |
Worked tick math
A 10-tick move on 1 Natural Gas (Henry Hub) contract (NG) is $100.00 — tick size 0.001 × tick value $10.00. A 1-point move is 1,000 ticks = $10,000.00. Ten contracts moving 5 ticks = $500.00.
Run your own numbers: Natural Gas (Henry Hub) futures calculator.
Positioning: large speculators are net short 171,138 contracts as of the 2026-07-21 COT report — full Natural Gas (Henry Hub) COT data.
FAQ
- What is the tick size and value of Natural Gas (Henry Hub) futures?
- Natural Gas (Henry Hub) (NG, NYMEX) moves in 0.001 increments worth $10.00 per contract.
- What does one NG contract cover?
- One contract covers 10,000 MMBtu.
- How much is a full point on NG?
- $10,000.00 — tick value ÷ tick size.
Related
Natural Gas (Henry Hub) COT report
Natural Gas (Henry Hub) calculator
Natural Gas (Henry Hub) COT history (CSV)
All contract specs
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Specs verified against exchange sources 2026-07-25; the exchange's own contract page is always authoritative. Not investment advice.