National Fuel Gas Co (NYSE:NFG) – Be Skeptical of its Shale Acreage’s Value
Posted on April 19, 2010 at 12:24 PM EDT
National Fuel Gas Co (NYSE:NFG), a diversified energy company headquartered in Williamsville, New York, owns 725,000 acres of shale gas in Appalachia. Historically, it’s an asset that has bolstered the company’s valuation. However, today we turn to Chris Mayer, the Agora Financial editor of Capital & Crisis, who has found reason to be skeptical: “National Fuel [...] National Fuel Gas Co (NYSE:NFG) – Be Skeptical of its Shale Acreage’s Value originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day." Check out our new special report Invest in Agriculture