First Trust North American Energy Infrastructure Fund Price & Performance (EMLP)

National Fuel Gas Company is expected to raise its FY25 guidance, with analysts projecting earnings per share (EPS) of $7.43, surpassing previous estimates. The company’s production outlook remains robust, with second-quarter volumes forecasted to exceed consensus by 6%. Higher natural gas prices are driving optimism for the fiscal year.12

The First Trust North American Energy Infrastructure Fund recently crossed its 200-day moving average, trading as high as $37.87. Institutional interest has surged, with significant stakes acquired by hedge funds in the last quarter. The fund's market cap now stands at $3.26 billion, reflecting strong investor confidence.34

The Trump administration is considering cutting funding to renewable-focused hydrogen hubs in blue states, including California and the Pacific Northwest. The move aligns with efforts to offset $4.5 trillion in tax reductions. Congressional approval would be required to formalize these cuts, sparking debate over energy priorities.5