Roll Schedules

Roll Schedule:

The following table denotes the active contract month for markets that reference futures-based price feeds (e.g., CL, Copper, Natural Gas), at the start of each month. The roll period is the 5th-10th business day of the month, wherein the reference contract transitions from the month-start active contract to the next active contract.

Roll Periods

Copper is currently referencing the HGH6 contract and will roll into HGK6. The transition occurs as follows:

• 2026-02-06 5:30PM EST — 80% front-month (HGH6), 20% next-month (HGK6)

• 2026-02-09 5:30PM EST — 60% front-month, 40% next-month

• 2026-02-10 5:30PM EST — 40% front-month, 60% next-month

• 2026-02-11 5:30PM EST — 20% front-month, 80% next-month

• 2026-02-12 5:30PM EST — 0% front-month, 100% next-month (roll complete)

CL is currently referencing the CLH6 contract and will roll into CLJ6. The transition occurs as follows:

• 2026-02-06 5:30PM EST — 80% front-month (CLH6), 20% next-month (CLJ6)

• 2026-02-09 5:30PM EST — 60% front-month, 40% next-month

• 2026-02-10 5:30PM EST — 40% front-month, 60% next-month

• 2026-02-11 5:30PM EST — 20% front-month, 80% next-month

• 2026-02-12 5:30PM EST — 0% front-month, 100% next-month (roll complete)

Natural Gas is currently referencing the NGH26 contract and will roll into NGJ26. The transition occurs as follows:

• 2026-02-06 5:30PM EST — 80% front-month (NGH26), 20% next-month (NGJ26)

• 2026-02-09 5:30PM EST — 60% front-month, 40% next-month

• 2026-02-10 5:30PM EST — 40% front-month, 60% next-month

• 2026-02-11 5:30PM EST — 20% front-month, 80% next-month

• 2026-02-12 5:30PM EST — 0% front-month, 100% next-month (roll complete)