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Strategies & Market Trends : Dividend investing for retirement

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To: Triffin who wrote (5955)9/23/2010 7:08:42 PM
From: E_K_S  Read Replies (1) of 34328
 
Hi Tiffin -

Re: National Fuel Gas Co. (NFG)

I missed this one on search for NG plays.

Did you know that Gabelli and associates now own almost 5 million shares (6.07%) of NFG. He has a value of the company at $80.00/share based on the sum of its parts.

Sum of the parts.

Utility + E&P (CA and PA Non-Marcellus) = $40/share

Marcellus Acreage = $40/share

$40+$40 = $80

==============================================================

I will add to my watch list as the company is near an all time high. However, I would sure like to own this one is I could grab some shares at lower prices ($30's or $40's). The cat may already be out of the bag.

EKS
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