[Want to visualize Chicago Citygate, Henry Hub, Houston Ship Channel or any of our 170+ spot natural gas price indexes? Check out NGI's daily natural gas price snapshots now.] The company sees “some of the same very near-term risks that others are seeing around Permian growth potential,” Knop said. “I remain bearish into 2027,” Roth Capital Partners analyst Leo Mariani told NGI, citing rising associated natural gas supply from the Permian. Dry gas production also is increasing, primarily in the Haynesville, Marcellus and Utica shale plays, he said.