Naturgy Energy Group SA
NTGY: XMAD (ESP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.> | LOCK|@^fHm | LOCK|Dm<$&g |
As European Gas Prices Surge Because of Iran War, We Favor Naturgy
European TTF gas prices jumped by 36% on March 2 to EUR 43/megawatt-hour after Qatar Energy halted LNG production following the targeting of the world's largest export facility, Ras Laffan, by an Iranian drone attack. This sent the German April forward power price up by 18%.
