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Off The Record: National Fuel transformed into an integrated company Full article published: 02/28/2000     Money Managers, Analysts, Buysiders and Executives

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"National Fuel Gas has done an excellent job in the last two years," explains a buy sider.

Bernard Kennedy's getting up there - he's about 68 himself. For a long time this company talked about "earning $2, earning $2, earning $2" and never did, never came anywhere near it. What National Fuel Gas (NYSE:NFG) has done in the last two years is get very aggressive in expanding their exploration and production operation, as well as going overseas. They're involved now in the Czech Republic for steam heat and steam generation, and they've done very well. They've really transformed the company from a utility mentality over to an energy company, an integrated company.

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This interview is a small excerpt from a comprehensive management survey published in The Wall Street Transcript on 02/21/00. For more information call (212) 952 7400. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.

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