MCH ANALYSIS RESEARCHMain site ↗
Utilities

Gas Utilities

7 companies under coverage.

Coverage

Gas Utilities


Equity Research

NewJersey Resources Corporation (NJR)

HOLD. 12-month probability-weighted target $58 (+13% vs spot). Gross Margin explains 49% of Monte Carlo outcome variance.

NJREquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price +5.8%
Equity Research

National Fuel Gas Company (NFG)

HOLD. 12-month probability-weighted target $81 (+4% vs spot). P/E Multiple explains 72% of Monte Carlo outcome variance.

NFGEquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price +3.2%
Equity Research

One Gas Inc (OGS)

HOLD. 12-month probability-weighted target $78 (+8% vs spot). Gross Margin explains 58% of Monte Carlo outcome variance.

OGSEquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price +0.6%
Equity Research

Southwest Gas Holdings Inc (SWX)

HOLD. 12-month probability-weighted target $93 (+11% vs spot). P/E Multiple explains 50% of Monte Carlo outcome variance.

SWXEquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price -1.1%
Equity Research

Spire Inc (SR)

HOLD. 12-month probability-weighted target $81 (+3% vs spot). Gross Margin explains 60% of Monte Carlo outcome variance.

SREquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price -2.2%
Equity Research

Atmos Energy Corporation (ATO)

HOLD. 12-month probability-weighted target $175 (+8% vs spot). P/E Multiple explains 74% of Monte Carlo outcome variance.

ATOEquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price -2.4%
Equity Research

UGI Corporation (UGI)

HOLD. 12-month probability-weighted target $35 (-6% vs spot). Gross Margin explains 72% of Monte Carlo outcome variance.

UGIEquity ResearchMonte Carlo
10 October 2026Rating: HOLD · Fair value vs price -7.0%
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