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Stock impact report

National Fuel Gas: The Dividend Of This Dividend Aristocrat Is Safer Than You Think [Seeking Alpha]

National Fuel Gas Company (NFG) 
Last national fuel gas company earnings: 4/30 04:45 pm Check Earnings Report
Company Research Source: Seeking Alpha
SummaryThe energy sector is going through a fierce downturn due to the outbreak of coronavirus and the collapse of the oil price.However, the price of natural gas has proved much more resilient than the oil price in the ongoing downturn.NFG has an exceptional dividend growth record, a healthy payout ratio, and promising growth prospects.After a whole decade without a recession, the outbreak of coronavirus has caused a severe recession in the U.S. In addition, the price of natural gashas remained below $2.04.2% dividendBusiness overview – coronavirusThe outbreak of coronavirus has caused a severe recession in the industrial and corporate sector of the U.S. This is likely to cause a material decrease in the industrial and corporate consumption of natural gas. However, the price of natural gas has remained much more resilient than the price of oil, which is trading around its 18-year lows. This striking divergence may seem surprising at first sight but has a good reason behind it.Due to Show less Read more
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