The Henry Hub is owned by Sabine Pipe Line LLC, which purchased it from Chevron Corporation in 2014.
In April 1990, NYMEX introduced Henry Hub Natural Gas futures as a risk management and price discovery mechanism.
Today, it is the world’s most traded natural gas futures contract, reaching more than 430,000 contracts traded per day.
"Our high quality coupled with lower service costs have allowed us to grow the company and achieve greater scale with very attractive economics," says Doug Krenek, Sabine President, and CEO.
Watch the video explainer above.