Case studies provide valuable insights into effective natural gas hedging strategies. This article presents several examples of companies that have successfully implemented hedging programs. Each case study includes an analysis of the company's approach, the challenges they faced, and the outcomes achieved. The article highlights the strategies that worked well and the lessons learned, offering key takeaways for other companies looking to enhance their hedging practices. These real-world examples demonstrate the benefits of effective natural gas hedging and provide practical guidance for implementation.