National Fuel Gas (NFG) Reports Acquisition of Shell's (RDS-A) Integrated Upstream & Midstream Assets in Pennsylvania
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Oil slips as Saudi Arabia offers more crude via Oman
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Exclusive-SK Hynix in talks with Intel about deal to make memory chips in US for the first time, sources say
- Trade the FOMC: How stocks tend to perform on Fed hike days
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Bernstein on Crypto: 'Clarity fails - what next?'
National Fuel to Acquire Shell’s Integrated Upstream and Midstream Assets in Pennsylvania
May 4, 2020 4:16 PM EDTOpportunistic Acquisition with Contiguous Footprint and Highly Synergistic Operations Advances National Fuel's Long-Term, Returns-Focused Integrated Strategy within Appalachia
WILLIAMSVILLE, N.Y., May 04, 2020 (GLOBE NEWSWIRE) --
STRATEGIC RATIONALE
Unique acquisition opportunity builds upon Companys diversified, integrated business model, with upstream and midstream assets that are geographically contiguous and highly synergistic to existing Tioga County, Pa. operations, and firm transportation capacity on the Companys Empire Pipeline systemAcquisition is accretive to free cash flow (funds from operations less capital expenditures), and to earnings per share, with capital expenditure guidance for fiscal 2020... More