Naturgy Energy Group (GASNY) Expected to Release Earnings on Wednesday

Naturgy Energy Group (OTCMKTS:GASNY) is expected to release its resultson Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.1091 per share and revenue of $5.14 billion for the quarter.

Naturgy Energy Group Price Performance

GASNY opened at $6.51 on Tuesday. Naturgy Energy Group has a 12 month low of $5.61 and a 12 month high of $6.91. The business has a 50 day simple moving average of $6.52 and a 200-day simple moving average of $6.23.

Wall Street Analyst Weigh In

Several research firms have issued reports on GASNY. Royal Bank Of Canada upgraded Naturgy Energy Group from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Morgan Stanley raised shares of Naturgy Energy Group to an “overweight” rating in a research note on Thursday, May 21st. Finally, BNP Paribas Exane upgraded shares of Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About Naturgy Energy Group

Naturgy Energy Group is a Madrid?based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.

The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long?term supply agreements and LNG trading.