National Fuel Gas (NFG)
NYSE:NFG
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NFG Stock Chart & Stats
$87.51
$0.72(1.18%)
At close: 4:00 PM EST
$87.51
$0.72(1.18%)
Day’s Range― - ―
52-Week Range$75.17 - $97.06
Previous CloseN/A
Volume92.58K
Average Volume (3M)798.38K
Market Cap
$7.46B
Enterprise Value$9.62B
Total Cash (Recent Filing)$26.60M
Total Debt (Recent Filing)$2.43B
Price to Earnings (P/E)10.5
Beta0.07
Next Earnings
Aug 05, 2026EPS Estimate
1.42Next Dividend Ex-DateN/A
Dividend Yield2.57%
Share Statistics
EPS (TTM)7.45
Shares Outstanding95,035,360
10 Day Avg. Volume612,219
30 Day Avg. Volume798,383
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.70
Price to Sales (P/S)3.67
P/FCF Ratio44.65
Enterprise Value/Market Cap1.29
Enterprise Value/Revenue3.85
Enterprise Value/Gross Profit7.69
Enterprise Value/Ebitda6.21
Forecast
1Y Price Target
$101.00Price Target Upside15.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)7.43
Revenue Forecast (FY)$2.59B
Bulls Say, Bears Say
Bulls Say
Diversified Business ModelIntegrated business model combining production, regulated utilities, and midstream operations can stabilize earnings by spreading risk across different cash-flow streams and reducing sensitivity to commodity swings.
Regulated Business Expansion And Rate ActionsProgress on the Ohio local distribution company acquisition and a Pennsylvania rate case seeking a base rate increase could expand regulated revenue and strengthen earnings if regulatory approvals are obtained.
Upstream Well Design TestingOngoing tests of enhanced well designs and multi-layer development have shown early productivity improvements, which could support higher future volumes and more efficient field development if results are confirmed.
Bears Say
Extended Amortization EffectsRegulatory decisions extending amortization periods spread cost recovery over a longer timeframe, which can dampen near-term cash flow and earnings.
Ohio Regulatory Return ReductionRecent Ohio regulatory rulings that lowered the authorized return on equity are expected to modestly reduce cash flow and pressure regulated returns.
Utility Scale And CompetitivenessThe utility platform remains smaller than many public peers, creating a need for further acquisitions to achieve scale and improve competitiveness and adding execution and regulatory risk.
National Fuel Gas Company News
NFG FAQ
What was National Fuel Gas’s price range in the past 12 months?
National Fuel Gas lowest stock price was $75.17 and its highest was $97.06 in the past 12 months.
What is National Fuel Gas’s market cap?
National Fuel Gas’s market cap is $7.46B.
When is National Fuel Gas’s upcoming earnings report date?
National Fuel Gas’s upcoming earnings report date is Aug 05, 2026 which is in 38 days.
How were National Fuel Gas’s earnings last quarter?
National Fuel Gas released its earnings results on Apr 29, 2026. The company reported $2.71 earnings per share for the quarter, missing the consensus estimate of $2.836 by -$0.126.
Is National Fuel Gas overvalued?
According to Wall Street analysts National Fuel Gas’s price is currently Undervalued.
Does National Fuel Gas pay dividends?
National Fuel Gas pays a Quarterly dividend of $0.555 which represents an annual dividend yield of 2.57%. See more information on National Fuel Gas dividends here
What is National Fuel Gas’s EPS estimate?
National Fuel Gas’s EPS estimate is 1.42.
How many shares outstanding does National Fuel Gas have?
National Fuel Gas has 95,035,360 shares outstanding.
What happened to National Fuel Gas’s price movement after its last earnings report?
National Fuel Gas reported an EPS of $2.71 in its last earnings report, missing expectations of $2.836. Following the earnings report the stock price went down -4.19%.
Which hedge fund is a major shareholder of National Fuel Gas?
Currently, no hedge funds are holding shares in NFG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
National Fuel Gas Company Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$101.00 (15.42% Upside)
$101.00 (15.42% Upside)
Blogger Sentiment
Bullish
NFG Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 447.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.69%
12-Months-Change
Fundamentals
Return on Equity
20.37%
Trailing 12-Months
Asset Growth
7.64%
Trailing 12-Months
Company Description
National Fuel Gas
National Fuel Gas Company (NFG) operates as a multifaceted energy enterprise, with its business structured across four primary divisions: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production (E&P) division is dedicated to discovering, developing, and producing natural gas and oil. Its operations are concentrated in California and the Appalachian region of the United States. As of September 30, 2021, this segment reported substantial proved developed and undeveloped reserves, comprising 21,537 thousand barrels of oil and 3,723,433 million cubic feet of natural gas. NFG's Pipeline and Storage arm manages interstate natural gas transmission and storage services. This involves an integrated pipeline network spanning Pennsylvania and New York, alongside the operation of underground natural gas storage facilities. Beyond transporting natural gas for National Fuel Gas Distribution Corporation, this segment also provides services to various other utilities, industrial companies, and power producers throughout New York State. It notably owns and operates the Empire Pipeline. The Gathering segment focuses on the construction, ownership, and operation of natural gas processing and pipeline gathering infrastructure, primarily located in the Appalachian region. It also extends gathering services to Seneca Resources Company, LLC. The Utility division supplies natural gas or offers natural gas transportation services to approximately 753,000 customers. These customers are situated in Buffalo, Niagara Falls, and Jamestown, New York, as well as Erie and Sharon, Pennsylvania. The company actively markets natural gas to a broad spectrum of clients, including industrial, wholesale, commercial, public authority, and residential customers, predominantly within western and central New York and northwestern Pennsylvania. Beyond its core energy operations, as of September 30, 2021, NFG also held significant timber assets, comprising approximately 95,000 acres of owned timber property and management rights for an additional 2,500 acres of timber. National Fuel Gas Company was established in 1902 and its corporate headquarters are situated in Williamsville, New York.
NFG Company Deck
NFG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operational and financial picture highlighted by double-digit EPS growth (Q2 EPS +13%), record segment EBITDA (> $300M), strong free cash flow (~$160M), successful pipeline expansions and long-term contracted capacity, promising Gen 4 well results, solid balance sheet metrics and proactive hedging. Offsetting items included a softer near-term macro (NYMEX lowered to $3.00), a modest 3% production guidance cut (midpoint) largely from weather and a handful of underperforming older-design wells, a one-time gathering O&M write-down, and emerging cost pressures that push capital toward the high end of guidance and necessitate sizable acquisition-related financing. Overall, highlights materially outweigh the lowlights, supporting a constructive outlook while noting near-term execution and pricing risks.View all NFG earnings summariesNFG Stock 12 Month Forecast
Average Price Target
$101.00
▲(15.42% Upside)
Technical Analysis
Ownership Overview
1.20% Insiders
23.12% Mutual Funds
21.40% Other Institutional Investors
24.16% Public Companies and Individual Investors