Naturgy Energy Group (GASNY) Set to Release Quarterly Earnings on Thursday

Naturgy Energy Group (OTCMKTS:GASNY) will likely be announcing its results before the market opens on Thursday, October 29th. Analysts expect Naturgy Energy Group to post earnings of $0.1160 per share and revenue of $6.33 billion for the quarter.

Naturgy Energy Group Trading Down 1.2%

GASNY stock opened at $6.68 on Wednesday. Naturgy Energy Group has a fifty-two week low of $5.61 and a fifty-two week high of $6.99. The business’s 50 day moving average price is $6.75 and its two-hundred day moving average price is $6.41.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on GASNY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Naturgy Energy Group in a research note on Tuesday, August 11th. Oddo Bhf upgraded Naturgy Energy Group to an “outperform” rating in a research report on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Naturgy Energy Group Company Profile

Naturgy Energy Group, SA is a Spain-based international energy company engaged in the generation, distribution and sale of electricity and natural gas. The company serves residential, commercial and industrial customers through regulated and competitive energy businesses.

Its activities include natural gas procurement, transportation and distribution, liquefied natural gas, electricity generation, renewable energy development and energy retailing. Naturgy operates a diversified generation portfolio that includes gas-fired, hydroelectric, wind and solar facilities, while also investing in the transition toward lower-carbon energy sources.

Headquartered in Madrid, Naturgy has roots dating to the nineteenth-century development of Spain’s gas industry.