National Fuel Gas Announces $350M Stock Placement

National Fuel Gas Company ( (NFG) ) just unveiled an announcement.

On December 15, 2025, National Fuel Gas Company announced a private placement of common stock, expected to close on December 17, 2025, with gross proceeds of $350 million from the sale of approximately 4.4 million shares at $79.50 per share. The proceeds will be used for general corporate purposes, including financing part of the acquisition of CenterPoint Energy Resources Corp.’s Ohio regulated gas utility business, aligning with the company’s goal to maintain its investment-grade credit rating.

The most recent analyst rating on (NFG) stock is a Buy with a $91.00 price target. To see the full list of analyst forecasts on National Fuel Gas Company stock, see the NFG Stock Forecast page.

Spark’s Take on NFG Stock

According to Spark, TipRanks’ AI Analyst, NFG is a Outperform.

National Fuel Gas Company demonstrates strong financial performance and strategic growth initiatives, particularly highlighted by its recent earnings call. The company’s valuation is fair, with a reasonable P/E ratio and dividend yield. Technical analysis suggests some caution due to mixed momentum indicators. The most significant factors are the company’s robust financial health and positive earnings call, which are slightly offset by technical analysis concerns.

To see Spark’s full report on NFG stock, click here.

More about National Fuel Gas Company

National Fuel Gas Company is a diversified energy company headquartered in Western New York, operating an integrated collection of natural gas assets across three business segments: Integrated Upstream and Gathering, Pipeline and Storage, and Utility.

Average Trading Volume: 589,646

Technical Sentiment Signal: Buy

Current Market Cap: $7.43B

See more insights into NFG stock on TipRanks’ Stock Analysis page.