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Wall Street sees gas utilities growing earnings as sector remains undervalued


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Stock analysts are expecting another positive quarter for natural gas utility earnings, with consensus forming that the utility sector is undervalued and environmental, social and governance concerns are overdone.
Six out of nine gas utilities are expected to post higher fourth-quarter 2020 EPS than during the prior-year calendar period, according to S&P Capital IQ consensus estimates. The gainers include Atmos Energy Corp., One Gas Inc., Southwest Gas Holdings Inc., New Jersey Resources Corp., Chesapeake Utilities Corp. and Northwest Natural Holding Co. ....

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December 22, 2020 | Marcellus Drilling News


Anti-fossil fuelers love to protest things. Fine. Let them protest. This is (still) America. But when antis tip over into illegal acts like blocking legal activities of building pipelines or drilling wells, or when antis tip over into acts of vandalism like destroying equipment, that’s NOT okay. Antis call it “protesting.” We call it criminal behavior. A bill just passed in the Ohio legislature calls such activity what it is–crimes. And now (provided Gov. DeWine signs the bill into law, which is expected), such miscreants will pay stiff fines and in some cases do jail time for their crimes. ....

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American Gas Association Gets New Chair Who Disrespects Natural Gas


From the “With friends like this…” department, we have some upsetting news to report. The incoming chair of the American Gas Association (AGA), David Anderson, president and CEO of Northwest Natural Holding Co., says it’s time to “think big and think differently” about the end of natural gas. Anderson likes hydrogen and methane from landfills and the buttholes of animals, instead of natural gas that comes out of the ground. Go figure.
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