National Fuel Gas Company NFG

Separation Would Create Two High-Quality Public Companies, Each With Distinct Growth Strategies and Long-Term Value Creation OpportunitiesNational Fuel’s Integrated Upstream and Gathering business would become an independent public company focused solely on its highly integrated, Appalachian upstream and gathering natural gas business.Post-separation, National Fuel would be a 100% rate-regulated company with natural gas utility and interstate pipeline and storage assets across Pennsylvania, Ohio

National Fuel Gas (NFG) has drawn investor attention after recent share price weakness, with the stock down over the past week, month, and year while the underlying energy utility business remains diversified across upstream, pipelines, and regulated distribution. Over the past year, momentum in National Fuel Gas has cooled, with the share price slipping in recent months. Even so, the 90 day share price return remains positive at 5.88%, and the 5 year total shareholder return stands at...