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National Fuel Gas Company

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Shares of National Fuel Gas have returned higher than its industry in a month’s time. The company’s systematic capital expenditure helped it to strengthen operation and production in the Appalachian region. It is expanding its midstream operation to provide support by transporting and storing higher volume of natural gas. The company has a long history of rewarding its shareholders through dividend payments. However, adherence to stringent regulation relating to natural gas drilling, fluctuation in natural gas prices, weather variation in its service territories and competitive natural gas are headwinds. In addition, the rising interest rates will increase the cost of the ongoing capital projects, impacting margins.

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