Bullish Case: NFG's stable historically mean-reverting returns and increasing institutional ownership suggest confidence in stable future performance, indicating a potential upside.


Bearish Case: Persistent negative returns over multiple time frames and low trading volumes coupled with industry headwinds raise concerns of continued underperformance.


Potential Outcomes:

1) Mean reversion continues: 55%;

2) Institutional actions trigger growth: 25%;

3) Market volatility affects price: 15%;

4) Unforeseen events cause sector impact: 5%.


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April 13, 2024


National Fuel Gas Forecast

NFG        National Fuel Gas
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with NFG



DVN Forecast + Options Trading Strategies   [DVN]  Devon Energy (0.79)


XOM Forecast + Options Trading Strategies   [XOM]  Exxon Mobil (0.77)


IMAX Forecast + Options Trading Strategies   [IMAX]  Imax (0.72)


SLCA Forecast + Options Trading Strategies   [SLCA]  U.S. Silica (0.72)


CIVI Forecast + Options Trading Strategies   [CIVI]  Civitas Resources Inc New (0.71)



Uncorrelated Stock Forecasts

Assets with little price relationship to NFG



JACK Forecast + Options Trading Strategies   [JACK]  Jack In The Box (0.0)


DLO Forecast + Options Trading Strategies   [DLO]  DLocal (0.0)


JOBY Forecast + Options Trading Strategies   [JOBY]  Joby Aviation (-0.0)


LXRX Forecast + Options Trading Strategies   [LXRX]  Lexicon Pharmaceuticals (-0.0)


MT Forecast + Options Trading Strategies   [MT]  New York Shares (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NFG



PANW Forecast + Options Trading Strategies   [PANW]  Palo Alto Networks (-0.64)


YANG Forecast + Options Trading Strategies   [YANG]  Direxion Daily FTSE China Bear 3X Shares (-0.65)


IDCC Forecast + Options Trading Strategies   [IDCC]  Interdigital (-0.66)


PRLB Forecast + Options Trading Strategies   [PRLB]  Proto Labs (-0.67)


SNOW Forecast + Options Trading Strategies   [SNOW]  Snowflake (-0.72)


NFG News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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