National Fuel Gas (NFG) Surges 5.7%: Is This an Indication of Further Gains?

National Fuel Gas (NFG) shares rallied 5.7% in the last trading session to close at $88.82. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.4% gain over the past four weeks.National Fuel Gas will serve as a key transporter of the natural gas required to fuel the new Shippingport Power Station, which is expected to consume up to 800 million cubic feet per day (MMcf/d). The company intends to effectively util ...