NYSE:NFGGas Utilities
How Softer Output and Line N Expansion At National Fuel Gas (NFG) Has Changed Its Investment Story
In its recent past fiscal second quarter update, National Fuel Gas reported a 3% natural gas production decrease at Seneca Resources due to weather-related delays and natural declines, while moving forward with upgrades to its Line N pipeline to carry more Marcellus and Utica shale gas.
This combination of softer near-term production and added pipeline capacity highlights how the company is balancing short-term operational challenges with longer-term infrastructure growth in its core...