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News Breaks | | | | February 7, 2013 | | 17:06 EDT |  | NFG | National Fuel raises FY13 GAAP EPS view to $2.75-$3.00$ from $2.65-$2.95
Consensus is for FY13 EPS $2.73. This revised guidance assumes flat NYMEX equivalent pricing of $3.50 per Million British Thermal Units, or MMBtu, for natural gas (Henry Hub) and $85 per barrel, or Bbl, for crude oil (West Texas Intermediate) for unhedged production for the remainder of the fiscal year. Production for the entire FY13 is projected to be between 102-112 Bcfe. The previous guidance for projected production was between 95 and 107 Bcfe. | |
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