My selection of industri news

Yet another natural gas company has announced an increase in their outlook for 2009. This time it is Washington, D.C.-based utility holding company WGL Holdings, Inc. Figures from February of this year states that the company projects an increase of $2.41 to $2.53 per share for 2009. These numbers went even higher in the company’s recent statement as they changed their prediction to a $2.53 to $2.65 increase per share.
How long should we expect this trend in the natural gas industry? It seems that the global financial crisis is not affecting these types of companies at all. In fact, their sales and profits are even growing. The question now is whether or not this is the right time to invest in these stocks, as it seems they have nowhere else to go but up.