The natural gas sector has been a hot topic in the markets over the past few years. With global energy demand on the rise, many investors are turning to the natural gas sector as a way to diversify their portfolios. With that in mind, here are some of the best natural gas utility stocks to buy in 2023.
Dominion Energy
Dominion Energy (NYSE: D) is one of the largest natural gas utilities in the United States. The company serves over 7 million customers in 11 states, providing them with natural gas, electricity, and other energy related services. In addition, the company is involved in the exploration and production of natural gas, as well as the transportation and storage of natural gas. Dominion Energy has been in business for over 100 years, and is a reliable, established player in the natural gas sector.
Southern Company
Southern Company (NYSE: SO) is another major player in the natural gas sector. The company is involved in the generation, transmission, and distribution of natural gas and electricity to over 9 million customers across the southeastern United States. Southern Company is also a major player in the exploration and production of natural gas. The company has a strong balance sheet and a long history of providing reliable energy services.
Southwestern Energy
Southwestern Energy (NYSE: SWN) is a leading natural gas exploration and production company. The company operates in the United States, Canada, and Eastern Europe, and is involved in the exploration, production, and transportation of natural gas. The company has a strong balance sheet and is well-positioned to benefit from the increasing demand for natural gas.
Williams Companies
Williams Companies (NYSE: WMB) is a leading natural gas midstream company. The company is involved in the transportation, storage, and marketing of natural gas. Williams Companies owns over 37,000 miles of pipeline and has a strong balance sheet. The company is well-positioned to benefit from the increasing demand for natural gas.
Avangrid
Avangrid (NYSE: AGR) is a leading natural gas and electricity utility company. The company is involved in the generation, transmission, and distribution of natural gas and electricity to over 3 million customers in the United States and Puerto Rico. Avangrid has a strong balance sheet and is well-positioned to benefit from the increasing demand for natural gas.
EQT Corporation
EQT Corporation (NYSE: EQT) is a leading natural gas exploration and production company. The company is involved in the exploration, production, and transportation of natural gas. EQT has a strong balance sheet and is well-positioned to benefit from the increasing demand for natural gas.
National Fuel Gas
National Fuel Gas (NYSE: NFG) is a leading natural gas utility company. The company is involved in the exploration, production, transportation, and marketing of natural gas. National Fuel Gas has a strong balance sheet and is well-positioned to benefit from the increasing demand for natural gas.
Conclusion
Investing in natural gas utility stocks can be a great way to diversify your portfolio and benefit from the increasing demand for natural gas. These seven stocks are all well-positioned to benefit from the increasing demand for natural gas, and can provide investors with a valuable way to hedge against market volatility. Do your research and decide which of these stocks is the best fit for your investment strategy.
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