National Fuel Gas Company (NFG) Shares are Up 1.4%

National Fuel Gas Company (NFG) : Traders are bullish on National Fuel Gas Company (NFG) as it has outperformed the S&P 500 by a wide margin of 3.89% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.89%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.4% in the last 1 week, and is up 3.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.32% and the 50-Day Moving Average is 2.75%.The 200 Day SMA reached 16.33%. National Fuel Gas Company is up 4.27% in the last 3-month period. Year-to-Date the stock performance stands at 37.96%.


National Fuel Gas Company (NYSE:NFG): After opening at $56.71, the stock dipped to an intraday low of $56.71 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $58.11 and the buying power remained strong till the end. The stock closed at $58.09 for the day, a gain of 2.83% for the day session. The total traded volume was 366,865. The stocks close on the previous trading day was $56.49.

National Fuel Gas Company is a holding company. The Company is an energy company engaged in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates through five segments: Exploration and Production, including operations carried out through its subsidiary, Seneca Resources Corporation; Pipeline and Storage, including operations carried out through its subsidiaries, National Fuel Gas Supply Corporation and Empire Pipeline, Inc.; Gathering, including operations carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility, including operations are carried out by through its subsidiary, Distribution Corporation, and Energy Marketing, including operations carried out through its subsidiary, National Fuel Resources, Inc. The Company operates an integrated business, with assets centered in western New York and Pennsylvania. The Company also develops and produces oil reserves, primarily in California.

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