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National Fuel Gas Co NFG

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.


NYSE:NFG - Post by User

Comment by wajacon Jul 23, 2022 10:11am
120 Views
Post# 34845297

RE:Has anyone seen this?

RE:Has anyone seen this?An interesting read but somewhat on the negative side. But that's alright as all evaluations are important from the extremely negative to the extremely positive. And on this board it's been almost all extremely positive. Crux Investor claims that reports are written by world class analysts but no names are revealed. So perhaps reports are written by clever writers who do not necessarily know a lot about their subject but know how to turn a phrase.That being said the review is a welcome addition to the narrative. But in the end the drill will tell the tale. The Queenway property extends over 100 km. Queensway North, approximately 8km is a small section. The Appleton and Joe Batts Faults run the length of the property and is part of the larger Central NL gold belt. It will takes years of drilling to determine the value here. The comparisons to Fosterville in Australia and Red Lake in Ontario are not unrealistic. One can always find fault with how a company operates especially if you start with a negative opinion of the company. It's called confirmation bias. Confirmation bias also exists when you have an extremely positive view of a company. A long overdue realistic appraisal would be refreshing.
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