National Fuel Gas Co NFG

Utilities Utilities - Regulated Gas

National Fuel Gas Company is a holding company. The Company is a diversified energy company engaged principally in the production, gathering, transportation, storage and distribution of natural gas. Its segments include Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment is engaged in the exploration for, and the development and production of, primarily natural gas in the Appalachian region of the United States. The Pipeline and Storage segment provides interstate natural gas transportation services for affiliated and nonaffiliated companies through integrated natural gas pipeline systems in Pennsylvania and New York. The Gathering segment builds, owns and operates natural gas processing and pipeline gathering facilities in the Appalachian region. The Utility segment provides natural gas utility services to customers through a local distribution system located in western New York and northwestern Pennsylvania.

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National Fuel Gas Co > spring

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Post by likeikeon Jun 02, 2022 9:07am

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Post# 34726025

spring

Market Volatility - a Coiling Spring?

With the S&P 500 steamrolled by the most intense 100-day selling pressure since 1970 - the worst 100 trading sessions on record for tech - investors are looking for signs of stability. With pessimism running high, some view this pervasive negative sentiment as a contrarian indicator - the notion that one would do well to buy when everyone else is fearful.

For some, the rally over the past few sessions signals a bottoming process.

But the fact is, stocks remain pricey by historical standards. And we have yet to witness a severe crash event.

For those who have witnessed several bear market cycles in their lifetime, stepping back into the broader markets at this juncture is akin to wading into shark infested water - "Cage goes in the water. You go in the water. Shark’s in the water..."

The recent rally in the broader market may be of the bear market kind - a dead cat bounce, as it were - Morgan Stanley says U.S. stock rally has limited upside

There's the threat that war, inflation, compromised supply chains, and recession concerns will wreak further havoc on equities. For now, the (relief) rally feels good, unless you're heavily short.

The following list represents the current inter-listed Top 20 short positions (as a percentage of the company's float).