News: National Fuel Gas Co (NFG.N)

NFG.N on New York Stock Exchange

62.03USD
24 May 2013
Price Change (% chg)

$-0.56 (-0.89%)
Prev Close
$62.59
Open
$62.25
Day's High
$62.35
Day's Low
$61.65
Volume
51,036
Avg. Vol
113,393
52-wk High
$64.58
52-wk Low
$41.57

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Mon, Mar 25 2013

Fitch Affirms National Fuel's IDR at 'BBB+'; Outlook Remains Stable

(The following statement was released by the rating agency) NEW YORK, March 25 (Fitch) Fitch Ratings has affirmed National Fuel Gas Company's (National Fuel) Issuer Default Rating (IDR) at 'BBB+'. See the full list of rating actions at the end of this press release. The Outlook is Stable. Approximately $1.6 billion of total debt is outstanding. KEY RATINGS DRIVERS Factors that support the rating include stable earnings from regulated natural gas distribution utilities, relatively predictable

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TEXT-Fitch rates National Fuel Gas propose notes 'BBB+'

Feb 12 - Fitch Ratings has assigned a 'BBB+' to National Fuel Gas Company's (National Fuel) proposed issuance of senior unsecured notes due 2023. The new notes are to rank pari passu with the company's senior unsecured debt. Proceeds are to be used for general corporate purposes including the repayment of $250 million of 5.25% notes due March 2013. Fitch rates National Fuel as follows: --Long-term Issuer Default Rating (IDR) 'BBB+'; --Senior unsecured debt 'BBB+'; --Short-term IDR at 'F2'; --C

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