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National Fuel Announces New President of Seneca Resources Company, LLC

National Fuel Gas Company (NYSE: NFG) announced the appointment of Justin I. Loweth as President of Seneca Resources, the company's Exploration and Production segment.

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Rhea-AI Summary

National Fuel Gas Company (NYSE: NFG) announced the appointment of Justin I. Loweth as President of Seneca Resources, the company's Exploration and Production segment. Loweth, who joined Seneca in 2011, has held multiple roles, including Vice President of Finance and Acquisitions and Senior Vice President. He graduated from Southern Methodist University with a degree in business administration, focusing on finance and real estate. National Fuel operates diverse energy assets across four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility.

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Positive

  • Justin I. Loweth appointed as President of Seneca Resources, indicating strategic leadership continuity.
  • Loweth's extensive experience since 2011 enhances the company's operational expertise.

Negative

  • None.
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News Market Reaction – NFG

The recorded move for NFG in the trading session of this news was +1.91%.

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WILLIAMSVILLE, N.Y., May 03, 2021 (GLOBE NEWSWIRE) -- Today, National Fuel Gas Company (National Fuel or the Company) (NYSE: NFG) announced that Justin I. Loweth has taken responsibility as President of Seneca Resources Company, LLC (Seneca Resources), the Exploration and Production segment of the Company.

Loweth began his career with Seneca Resources as the Director of Strategic Planning and Acquisitions in 2011. He was named Vice President of Finance and Acquisitions a year later and held that position for nearly three years. In 2015, Loweth assumed additional responsibilities, including Oil and Gas Marketing, Accounting, Information Technology, Reservoir Engineering, Corporate Reserves, and Business and Corporate Development. In 2017, he was appointed as Senior Vice President.

Loweth graduated from Southern Methodist University with a bachelor’s degree in business administration with an emphasis on finance and real estate finance. He is active in the Houston, Texas, community, serving on numerous local boards with various affiliations.

National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. Additional information about National Fuel is available at www.nationalfuel.com.

Analyst Contact: Kenneth Webster | 716-857-7067
Media Contact: Karen Merkel | 716-857-7654

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/287b23d8-6b09-46a3-b2fc-7cf1c11dbfbc


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new President of Seneca Resources as of May 2021?

Justin I. Loweth has been appointed as the new President of Seneca Resources.

What is the stock symbol for National Fuel Gas Company?

The stock symbol for National Fuel Gas Company is NFG.

What are the main business segments of National Fuel Gas Company?

National Fuel operates across four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility.

When was Justin I. Loweth appointed as President of Seneca Resources?

Justin I. Loweth was appointed as President of Seneca Resources on May 3, 2021.

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