Mork Capital Management LLC Invests in National Fuel Gas in 4th Quarter
June 16, 2023
🌥️Trending News
Mork Capital Management LLC recently revealed in its most recent filing that it had taken on a new stake in National Fuel Gas ($NYSE:NFG) (NFG) during the 4th quarter. NFG is an energy company based in the United States which provides natural gas services to its customers across multiple states. It is a diversified energy organization with assets in exploration and production, pipeline and storage, gathering, and utility operations. The company is also involved in other activities such as energy marketing and asset management. Its Exploration and Production division acquires and develops properties for the production of oil and natural gas. Pipeline and Storage division are responsible for the transportation of natural gas.
The Gathering division consists of a network of gathering systems that move natural gas from wells to processing plants. Utility operations are involved in the distribution of natural gas and electricity to customers. Mork Capital Management LLC is an investment management firm that aims to grow investors’ wealth by investing in public companies. It focuses on identifying and purchasing stocks that are undervalued but with strong long-term potential for growth.
Share Price
NFG stock opened at $51.7 and closed at $51.0 after losing 1.4% of its value from the previous closing price of $51.7. It is also seen as a clear indication that Mork Capital Management is bullish on the long-term prospects of NFG and believes that the company can continue to perform strongly over the next few quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NFG. More…
| Total Revenues | Net Income | Net Margin |
| 2.31k | 576.87 | 24.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NFG. More…
| Operations | Investing | Financing |
| 1.1k | -645.15 | -536.37 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NFG. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.97k | 5.09k | 31.36 |
Key Ratios Snapshot
Some of the financial key ratios for NFG are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.4% | 18.2% | 36.0% |
| FCF Margin | ROE | ROA |
| 8.3% | 19.2% | 6.5% |
Analysis
At GoodWhale, we’ve conducted an analysis of NATIONAL FUEL GAS’s financials to determine its risk rating. After our review, we’ve determined that NATIONAL FUEL GAS is a low risk investment from both a financial and business perspectives. Additionally, our risk detection system has identified one warning on the income sheet. If you’d like to learn more about this warning and other potential risks, please register on our website, goodwhale.com. More…
Peers
The company’s main business is natural gas and crude oil production, transportation and sale. The company operates in the United States, Canada and Argentina. National Fuel Gas Co’s main competitors are Transportadora de Gas del Sur SA, Oasis Petroleum Inc, YPF SA.
– Transportadora de Gas del Sur SA ($NYSE:TGS)
Transportadora de Gas del Sur SA is a gas transportation and distribution company operating in Argentina. The company’s market cap as of 2022 is 1.35B and its ROE is 10.03%. The company is engaged in the transportation and distribution of natural gas to industrial, commercial and residential customers in Argentina.
– Oasis Petroleum Inc ($NASDAQ:OAS)
Petróleos de Venezuela, S.A. (PDVSA) is a Venezuelan state-owned oil and natural gas company. It was created in 1976 from the nationalization of the Venezuelan oil industry. It is headquartered in Caracas and its operations are primarily focused on Venezuela’s Orinoco Belt region. The company has the largest proven reserves of crude oil in the world and is the largest producer of oil in South America.
PDVSA is a vertically integrated company that engages in all aspects of the oil and gas industry, including exploration and production, refining, marketing, and transportation. The company also has significant stakes in a number of joint ventures, most notably with Chevron, ExxonMobil, and Total.
PDVSA has a market cap of $2.94 billion as of 2022 and a return on equity of 22.79%. The company is the largest producer of oil in South America and has the largest proven reserves of crude oil in the world.
Summary
National Fuel Gas has seen an increasing interest from investors, as Mork Capital Management LLC recently acquired a stake in the company. Analysts are optimistic about the company’s future prospects, citing its impressive financials and healthy dividend payout. National Fuel Gas has a strong balance sheet, with a high return on equity and low debt to equity ratio.
Additionally, its dividend yield is significantly higher than that of the industry average, making it an attractive investment for investors looking for income. The company also has a solid track record of delivering on its promises, showing stability and consistent returns over the years. With favorable conditions in the energy sector, National Fuel Gas is poised to benefit from the current market environment.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
