Naturgy Energy Group (GASNY) Projected to Post Quarterly Earnings on Thursday

Naturgy Energy Group (OTCMKTS:GASNY) will likely be releasing 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 Stock Performance

OTCMKTS GASNY opened at $6.78 on Tuesday. Naturgy Energy Group has a 12 month low of $5.61 and a 12 month high of $6.99. The company’s 50 day moving average is $6.75 and its two-hundred day moving average is $6.41.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Royal Bank Of Canada reissued 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 note on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating and four have given a Buy rating to the company. Based on data from MarketBeat.com, the company 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.