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National Fuel Gas Expands and Extends Revolving Credit Facility

Story Highlights
  • National Fuel Gas secured a $1.3 billion revolving credit facility, maturing in 2031.
  • The amended agreement tightens covenants and preserves liquidity for debt, capex and acquisitions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
National Fuel Gas Expands and Extends Revolving Credit Facility

Meet Samuel – Your Personal Investing Prophet

National Fuel Gas Company ( (NFG) ) has provided an update.

On March 27, 2026, National Fuel Gas Company entered into an amended and restated $1.3 billion unsecured revolving credit facility with a syndicate of major banks, extending its maturity to March 27, 2031 and updating pricing based on its credit ratings and chosen reference rates, including Term SOFR, Daily Simple SOFR and an Alternate Base Rate. The agreement strengthens the company’s liquidity for refinancing commercial paper and other debt, funding capital expenditures and acquisitions, and includes customary covenants, a 0.65 debt-to-capitalization cap, cross-default provisions and standard events of default that collectively shape its financial flexibility and risk profile for lenders and other stakeholders.

The most recent analyst rating on (NFG) stock is a Hold with a $97.00 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.

The score is driven mainly by solid but uneven financial performance (strong current profitability and operating cash flow tempered by volatility and mixed free-cash-flow conversion). Technicals are constructive with strong momentum above major moving averages, and valuation is supportive with a low P/E and a moderate dividend. Earnings call takeaways are positive on reaffirmed guidance and execution, but natural gas price volatility and acquisition-related leverage/dilution cap the upside.

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

More about National Fuel Gas Company

National Fuel Gas Company operates in the energy sector as an integrated natural gas company. It focuses on natural gas exploration and production, pipeline and storage operations, and utility distribution services to customers, positioning it within the broader North American natural gas infrastructure and supply chain.

Average Trading Volume: 808,763

Technical Sentiment Signal: Buy

Current Market Cap: $9B

Find detailed analytics on NFG stock on TipRanks’ Stock Analysis page.

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