CEG · 10-Q · 2026Q3 · Full report

Natural Gas Price Trends

Constellation Energy Corp · 2026-11-09 · Importance 54 · Surprise 56

Regional natural gas reference prices showed material year-over-year changes in the nine months ended September 30, 2026. Transco Zone 6 in the Mid-Atlantic increased 25.6%, while PG&E Citygate in the West fell 32.7%; these locations are relevant to Constellation’s natural-gas-fired generation and regional activity. Algonquin Citygate in New England increased 5.8%, while the Houston Ship Channel declined 8.1%. The filing cautions that reference prices do not reflect prices ultimately realized.