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Argus Research Releases a Buy Rating on National Fuel Gas Company (NFG)

Tipranks - Tipranks - Tue May 19, 12:28PM CDT

Argus Research analyst Bill Selesky assigned a Buy rating to National Fuel Gas Company on May 15 and set a price target of $99.00.

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According to TipRanks, Selesky is a 4-star analyst with an average return of 8.3% and a 59.80% success rate. Selesky covers the Energy sector, focusing on stocks such as Exxon Mobil, BP, and Enbridge.

In addition to Argus Research, National Fuel Gas Company also received a Buy from KeyBanc’s Tim Rezvan in a report issued on May 4. However, on the same day, J.P. Morgan maintained a Hold rating on National Fuel Gas Company (NYSE: NFG).

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Based on National Fuel Gas Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $858.37 million and a net profit of $247.67 million. In comparison, last year the company earned a revenue of $729.95 million and had a net profit of $216.36 million

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