NFG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NFG's historical price growth and mean-reversion tendencies could drive further gains, supported by long-term demand for natural gas and dividends.




Bearish Case: High put volume and elevated implied volatility suggest market skepticism, amplified by environmental concerns and regulatory risks impacting fossil fuel sectors.




Potential Outcomes:
1) Mean reversion continues (55%).
2) Regulatory shifts impact price (20%).
3) Environmental shifts drive volatility (15%).
4) Unexpected sector shocks occur (10%).



April 27, 2025


National Fuel Gas Forecast

NFG        National Fuel Gas











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FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (0.92)


BK Forecast + Options Trading Strategies   BK  Bank Of New York Mellon (0.9)


VNET Forecast + Options Trading Strategies   VNET  VNET (0.9)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (0.9)



Uncorrelated Assets

Assets with little price relationship to NFG



TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (0.02)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (0.02)


RMBS Forecast + Options Trading Strategies   RMBS  Rambus (-0.03)


RVMD Forecast + Options Trading Strategies   RVMD  Revolution Medicines (0.03)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (0.04)



Anticorrelated Assets

Assets that tend to move strongly against NFG



MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (-0.91)


GES Forecast + Options Trading Strategies   GES  Guess (-0.91)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (-0.91)


CGC Forecast + Options Trading Strategies   CGC  Canopy Growth (-0.92)


COTY Forecast + Options Trading Strategies   COTY  Coty (-0.92)









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