MAY 5·The Globe and Mail→
Analysts Offer Insights on Energy Companies: Antero Resources (AR), Occidental Petroleum (OXY) and National Fuel Gas Company (NFG)
Analysts have issued neutral "Hold" ratings for Antero Resources (AR), Occidental Petroleum (OXY), and National Fuel Gas Company (NFG), indicating neither a bullish nor bearish outlook. J.P. Morgan maintained a Hold on Antero Resources with a $49.00 target, while Truist Financial also held Occidental Petroleum, and J.P. Morgan maintained a Hold on National Fuel Gas with a $93.00 price target, despite overall market consensus suggesting a "Strong Buy" for Antero Resources and National Fuel Gas.
MAY 2·National Fuel Gas▲
National Fuel Completes Acquisition of North East Heat & Light
National Fuel Gas Distribution Corporation has announced the completion of its acquisition of North East Heat & Light Co.'s natural gas distribution assets. This transaction, approved by the Pennsylvania Public Utility Commission, allows National Fuel to serve customers in North East, Erie County, and reflects their commitment to the region. Former NEHL customers will experience a seamless transition and benefit from National Fuel's historically lower natural gas supply costs.
