Notable companies
The most notable companies in this group are Southern Company (The) (NYSE:SO), Kinder Morgan (NYSE:KMI), Cheniere Energy (NYSE:LNG), EQT Corp (NYSE:EQT).
Industry description
The investment seeks income and capital appreciation.
The advisor intends to provide investment results that replicate the performance of the American Gas Association Stock Index. The index is maintained by the American Gas Association, a national trade association of natural gas distribution companies, and is licensed exclusively to the Manager for use as an investment strategy. The advisor intends to invest at least 85% of its net assets in the common stock of companies that have natural gas distribution and transmission operations and no attempt is made to actively manage the fund's portfolio by using economic, financial, or market analysis.
Market Cap
The average market capitalization across the Hennessy Gas Utility Institutional MF is 44.51B. The market cap for tickers in the group ranges from 16.36B to 634.15B. BRK.A holds the highest valuation in this group at 634.15B. The lowest valued company is EQT at 16.36B.
Volume
The average weekly volume growth across all stocks in the Hennessy Gas Utility Institutional MF was -22%. For the same stocks of the MF, the average monthly volume growth was -20% and the average quarterly volume growth was -2%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 40
P/E Growth Rating: 50
Price Growth Rating: 32
SMR Rating: 60
Profit Risk Rating: 39
Seasonality Score: -12 (-100 ... +100)