Natural gas (diversified) industry
Article Abstract:
The supply of natural gas for Jun 1996 is below its seasonal level, and is at 1.1 trillion cubic feet according to the American Gas Assn. The natural gas spot price is being kept high with strong demand and depleted reserves, and for the next three to five years consumption is expected to rise from 2% to 3% per year. Despite volatile gas prices several gas industry stocks are above average in timeliness and have good earnings prospects for 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Natural gas (diversified) industry
Article Abstract:
Low natural gas prices and high supply have reduced gas industry earnings for 1995. Profit margins in the gas processing industry are good but will narrow in 1996. There will be steady growth in the natural gas industry through the 1990s, due to increased demand and volume, industrial expansion, environmental legislation, and technological innovation. Panhandle Eastern and Williams Cos. are good stocks for long-term gains.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Comment about this article or add new information about this topic:
Natural gas (diversified) industry
Article Abstract:
Demand and prices for natural gas are expected to increase in 1995 and 1996. There are favorable market conditions for natural gas processing, as well as production and exploration. Positive earnings are forecast for the 4th qtr of 1995 and the 1st qtr of 1996 due to growing demand. Several stocks are timely for price appreciation in the next six to 12 months, and others have good dividend yields and long-term potential.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: