National Fuel Gas Expands and Extends Revolving Credit Facility

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National Fuel Gas Company (NFG) has secured an amended and restated $1.3 billion unsecured revolving credit facility, extending its maturity to March 27, 2031. This agreement enhances the company’s liquidity for debt refinancing, capital expenditures, and acquisitions while incorporating customary covenants. An analyst currently rates NFG as a Hold with a $97.00 price target, while TipRanks’ AI Analyst, Spark, rates it as an Outperform, citing strong financial performance and technical momentum.

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