National Fuel Gas (NFG) to Release Earnings on Wednesday

National Fuel Gas (NYSE:NFG - Get Free Report) will release its earnings data after the market closes on Wednesday, November 6th. Analysts expect National Fuel Gas to post earnings of $0.84 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its earnings results on Wednesday, July 31st. The oil and gas producer reported $0.99 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.96 by $0.03. National Fuel Gas had a net margin of 16.42% and a return on equity of 14.80%. The company had revenue of $417.40 million during the quarter, compared to the consensus estimate of $540.62 million. During the same period in the previous year, the firm posted $1.01 earnings per share. The firm's quarterly revenue was down 2.6% on a year-over-year basis. On average, analysts expect National Fuel Gas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

National Fuel Gas Stock Performance

National Fuel Gas stock traded down $0.16 during mid-day trading on Wednesday, hitting $60.87. The company had a trading volume of 366,304 shares, compared to its average volume of 522,103. The company has a current ratio of 0.77, a quick ratio of 0.65 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 17.64 and a beta of 0.62. The company's fifty day moving average is $60.45 and its 200-day moving average is $57.58. National Fuel Gas has a 12-month low of $45.32 and a 12-month high of $63.54.

National Fuel Gas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.515 dividend. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend was Monday, September 30th. National Fuel Gas's dividend payout ratio (DPR) is presently 59.71%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NFG shares. Scotiabank lifted their price objective on National Fuel Gas from $80.00 to $81.00 and gave the stock a "sector outperform" rating in a report on Tuesday, August 20th. StockNews.com cut National Fuel Gas from a "hold" rating to a "sell" rating in a research report on Saturday, October 19th. JPMorgan Chase & Co. decreased their price objective on National Fuel Gas from $64.00 to $62.00 and set a "neutral" rating on the stock in a report on Thursday, September 12th. Finally, Bank of America initiated coverage on shares of National Fuel Gas in a report on Monday. They set an "underperform" rating and a $62.00 target price for the company.

Insider Transactions at National Fuel Gas

In related news, General Counsel Michael W. Reville sold 1,700 shares of the company's stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $60.77, for a total transaction of $103,309.00. Following the sale, the general counsel now directly owns 8,203 shares in the company, valued at approximately $498,496.31. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.55% of the company's stock.

About National Fuel Gas

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.