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National Fuel Gas Company
National Fuel Gas Company (NFG) is a diversified energy company based in Williamsville, New York, USA. It operates in several business segments, including exploration and production, pipeline and storage, and utility. The company explores and produces natural gas and oil in the Appalachian region of the United States. Its pipeline and storage segment provides interstate natural gas transportation and storage services. The utility segment serves approximately 754,000 customers in western New York and northwestern Pennsylvania.
NFG has been publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol "NFG" since 1948. The company has a long history of paying dividends and has increased its dividend for 50 consecutive years, making it a member of the S&P 500 Dividend Aristocrats index.
As of 2021, National Fuel Gas Company has a market capitalization of around $8 billion and is one of the largest natural gas companies in the United States. The company's financial performance is generally stable due to its diverse business segments and geographic diversification. However, like any publicly traded company, its stock price can be affected by various factors, including overall economic conditions, changes in energy prices, and industry regulations. It is important for investors to conduct their own research and consult with a financial advisor before making investment decisions.