3 Gas Distribution Stocks to Watch From a Flourishing Industry
Portfolio Pulse from
The Zacks Gas Distribution industry is experiencing growth due to increased natural gas export volumes and investments in pipelines. Companies like ATO, MDU, and NJR are well-positioned to benefit from this positive industry outlook.
January 09, 2025 | 4:45 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Atmos Energy Corporation (ATO) is expected to benefit from the flourishing gas distribution industry due to increased natural gas export volumes and pipeline investments.
ATO is directly mentioned as a company with stable infrastructure that can capitalize on the industry's growth. The positive outlook for natural gas exports and pipeline investments supports a favorable short-term impact on ATO's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MDU Resources Group, Inc. (MDU) is positioned to gain from the positive trends in the gas distribution industry, driven by increased export volumes and pipeline investments.
MDU is highlighted as a utility with stable infrastructure, making it well-suited to benefit from the industry's growth. The focus on natural gas exports and pipeline investments is likely to positively impact MDU's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
New Jersey Resources Corporation (NJR) is expected to benefit from the flourishing gas distribution industry due to increased natural gas export volumes and pipeline investments.
NJR is mentioned as a company with stable infrastructure that can take advantage of the industry's positive outlook. The increase in natural gas exports and pipeline investments is likely to have a favorable short-term impact on NJR's stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80