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Stock impact report

National Fuel Gas (NFG) Price Target Raised by JPMorgan as Supply Risks Increase [Yahoo! Finance]

National Fuel Gas Company (NFG) 
Last national fuel gas company earnings: 4/30 04:45 pm Check Earnings Report
Company Research Source: Yahoo! Finance
National Fuel Gas (NFG) Price Target Raised by JPMorgan as Supply Risks Increase On March 20, JPMorgan raised its price recommendation on National Fuel Gas Company (NYSE:NFG) to $97 from $95 and kept a Neutral rating on the shares. The firm said oil market fundamentals “shifted on a dime” following the Middle East conflict. The analyst noted that the war has reduced global productive capacity and “quickly evaporated the risk” of a supply glut in 2026 after the closure of the Strait of Hormuz. JPMorgan added that it would not be surprised to see a $5–$10 per barrel geopolitical risk premium reflected in the long end of the oil price curve. A CNBC report highlighted that National Fuel's unregulated upstream exploration and production segment generates a large share of its cash flow. It accounts for about 68% of the company's EBITDA. The company operates natural gas assets across the Appalachian Basin, one of North America's most productive gas regions. This position gives National Show less Read more
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