Historical Archive
This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.
3 Year Stock Price Outperformance of 18.8% Recorded by Environmental Leaders in Natural Gas & Pipeline Sector
ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.
3 Year Stock Price Outperformance of 18.8% Recorded by Environmental Leaders in Natural Gas & Pipeline Sector
SUBSCRIBE/UNSUBSCRIBE |
Conservation & Wildlife
Corporate Responsibility
Science & Technology
Syndication Partners
**************************************************************************
E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE E-WIRE PRESS RELEASE
**************************************************************************
FOR IMMEDIATE RELEASE
3 Year Stock Price Outperformance of 18.8% Recorded by Environmental Leaders in Natural Gas & Pipeline Sector
BG Group of UK leads the sector
NEW YORK, NEW YORK, Jan. 28 -/E-Wire/-- According to Innovest Strategic Value Advisor's annual investment research report on the Natural Gas and Pipeline sector, environmental leaders in the sector demonstrated 3-year aggregate stock price performance 1880 basis points (18.8%) higher than environmental laggards. BG Group (formerly part of British Gas) gained top honors in the annual survey by demonstrating superior environmental performance over 21 industry competitors in strategic competitive areas such as alternative energy technologies, climate change, environmental management, resource usage and sustainability-related opportunities in new markets. National Fuel Gas Company, Questar and MDU Resources were the lowest rated firms.
"This new report confirms results that Innovest has seen in each sector we have surveyed", said Devin Crago, natural gas analyst with Innovest. "In this particular sector, as in many others, a company's ability to comprehend and manage environmental issues is strongly tied to the success of the company's bottom line. Expenditures relating to cleanup of contaminated sites, energy use, regulatory compliance, and waste management are becoming increasingly relevant to company profitability. Moreover, new opportunities relating to energy management services, clean natural gas-fired power generation, natural gas vehicles and combined heat and power systems are also emerging as significant revenue generators.
For natural gas companies, falling in line with new and mounting environmental regulation and consumer expectations at both the national and international levels creates enormous challenges to reengineer the way natural gas is gathered, refined and transported. On the upside, new opportunities in emissions trading, alternative energy technologies and clean, efficient power generation are expected to grow exponentially going forward. Those firms moving forward today will have substantial advantages in reducing risk exposure and positioning for sustainability related profit opportunities than their less proactive competitors."
Innovest Strategic Value Advisors is an internationally recognized investment research firm specializing in environmental finance and investment opportunities. Innovest's clients include the leading industrial companies and institutional investors throughout the world. Founded in 1995 by Dr. Matthew Kiernan, Innovest is headquartered in New York, with offices in London and Toronto. The company is chaired by Jim Martin, former Chief Investment Officer for North America's largest pension fund, TIAA-CREF. For further information please visit the company's website at
http://www.innovestgroup.com.
**************************************************************************
To Transmit Your News Over E-Wire, visit http://www.ewire.com or
call 1-[REDACTED-PHONE]. E-Wire Is Broadcast To Millions Of Readers Worldwide
**************************************************************************
1993 - 2003. All Rights Reserved.