National Fuel Gas (NFG) Reports In-Line Q2 EPS; Revised FY20 EPS Mid-Point Below Consensus
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May 4, 2020 5:03 PM EDT
National Fuel Gas Company (NYSE: NFG) announced today that it has entered into a purchase and sale agreement with SWEPI LP, a subsidiary of Royal Dutch Shell plc (NYSE: RDS-A) (Shell), to acquire Shells upstream and midstream gathering assets in Pennsylvania for total consideration of approximately $541 million, less closing adjustments that are estimated to reduce the consideration provided at closing to approximately $500 million. The transaction is expected to close on July 31, 2020, with an effective date of January 1, 2020, and is subject to customary closing conditions. The transaction is not... More
April 28, 2020 6:15 AM EDT
Citi lowered its price target on National Fuel Gas (NYSE: NFG) to $43.00 (from $49.00) while maintaining a Neutral rating.... More
