Nwf Share Price (NWF)

No, I don’t think it will have a long term downside. Most people that are not on the gas network will continue to heat with kerosene fired boilers for central heating. Heat pump technology is a very expensive inefficient and unreliable alternative.

It looks cheap but the bigger picture problem is the company's dependence on fuels. Over the last few years they went all in, acquiring fuel suppliers up and down the country and now they are hostage to the global energy market, just when the structural demand for heating fuels is going down through cheaper alternatives like solar, heatpumps, gas or electric.

Fuels performed well in the immediate aftermath of the Iran war as reflected in today's update because of stockpiling. In the same way that people filled up their cars to get ahead of rises at the pump. But here they don't need to come back half as often as you fill up your car. To cap it all now they have a government investigation looming over whole market.

One to buy if you're bullish on heating fuels I guess.

Latest update is great news,which does leave this sitting at a very,very cheap price....Great opportunity at the moment.....

Starmer just announced a CMA investigation into the heating oil market and bringing in regulations. FFS.

Is the spike in oil prices good for NWF? I would imagine it is in the short term as their winter inventories will be worth much more than previously. Perhaps not so good in the long term as people will be incentivised to look for alternative means of heating. What do others think?