The firms have a bullish stance based on the company’s improving balance sheet strength and excellent record of operating performance. They believe that the company has strong prospects for further appreciation. According to the bullish firms, the company exhibits strong organic growth potential, fueled by the growing need for risk management products, LNG and generation growth opportunities, utility sector consolidation, and a tightening of reserve margins. Overll, these firms believe that the company is well positioned to take advantage of the current volatility in commodity prices, power demand in California, and future expected demand for liquefied natural gas (LNG).
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