ProShares Ultra Bloomberg Natural Gas Price & Performance (BOIL)

US Bancorp DE has significantly decreased its holdings in ProShares Ultra Bloomberg Natural Gas (BOIL), cutting its position by 80% in Q4 2024. The institutional investor now holds just 700 shares, valued at $39,000, reflecting a major reduction from its previous 3,500 shares.1

Natural gas ETFs like ProShares Ultra Bloomberg Natural Gas (BOIL) have surged this year, with BOIL up over 81% year-to-date. Factors such as extreme weather and increased LNG exports have driven natural gas prices to their highest levels in years, benefiting leveraged ETFs targeting this sector.2

Alvopetro Energy Ltd. announced a 37% increase in natural gas sales for January and February 2025, supported by an updated gas sales agreement and expanded production capacity. The company also declared a $0.10 per share dividend for Q1 2025, reflecting its focus on shareholder returns and growth.3