Natural Gas Services's 15min chart: MACD Death Cross, Bearish Marubozu Triggered

Natural Gas Services' 15-minute chart has triggered a MACD Death Cross and a Bearish Marubozu pattern at 13:15 on 10/06/2025. This suggests that the stock price is poised to continue its downward trajectory, with sellers dominating the market and bearish momentum likely to persist.

FirstEnergy Corp., through its subsidiaries Mon Power and Potomac Edison, has submitted a comprehensive 10-year Integrated Resource Plan to the West Virginia Public Service Commission. The plan outlines strategic initiatives to ensure the state's energy future remains reliable, affordable, and environmentally sustainable.

The plan proposes keeping the Fort Martin and Harrison coal-fired power stations operational through 2031. Additionally, it envisions the construction of a new 1,200-megawatt natural gas combined-cycle plant by 2031 and the addition of 70 megawatts of utility-scale solar by 2028. This transition aligns with Gov. Patrick Morrisey's "50 by '50" initiative, aiming to expand West Virginia's energy capacity to 50 gigawatts by 2050.

Jim Myers, FirstEnergy’s president of West Virginia and Maryland, emphasized that the plan reflects a long-term view of the state’s energy future. It is designed to balance affordability, reliability, local investment, and environmental impact. The integration of natural gas and solar sources aims to diversify the energy mix while maintaining affordability for customers.

This strategic shift towards cleaner and more diverse energy sources underscores the company's commitment to sustainability and economic development. The plan is a testament to FirstEnergy's dedication to adapting to evolving market conditions and regulatory requirements.