National Fuel Gas (NFG) Stock Price, News & Analysis

Company Overview

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. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca. The Utility segment sells natural gas or provides natural gas utility services to various customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. National Fuel Gas Company was incorporated in 1902 and is headquartered in Williamsville, New York.

Key Stats

• Today's Range: $60.36 to $61.16
• 50-Day Range: $58.91 to $63.03
• 52-Week Range: $45.32 to $63.54
• Volume: 374,525 shs
• Average Volume: 465,005 shs
• Market Capitalization: $5.58 billion
• P/E Ratio: 75.41
• Dividend Yield: 3.37%
• Price Target: $69.00
• Consensus Rating: Hold

National Fuel Gas Stock Analysis - MarketRank™

National Fuel Gas scored higher than 78% of companies evaluated by MarketBeat, and ranked 94th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

National Fuel Gas has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

National Fuel Gas has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 11.07%

Earnings Growth

Earnings for National Fuel Gas are expected to grow by 11.07% in the coming year, from $5.69 to $6.32 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National Fuel Gas is 75.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Fuel Gas is 75.41, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.65.

Price to Book Value per Share Ratio

National Fuel Gas has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.28% of the float of National Fuel Gas has been sold short.

Short Interest Ratio / Days to Cover

National Fuel Gas has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in National Fuel Gas has recently increased by 8.86%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

National Fuel Gas pays a meaningful dividend of 3.37%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

National Fuel Gas has been increasing its dividend for 55 years.

Dividend Coverage

The dividend payout ratio of National Fuel Gas is 254.32%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, National Fuel Gas will have a dividend payout ratio of 32.59% next year. This indicates that National Fuel Gas will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.4 / 5
• Environmental Score: -7.18

Percentage of Shares Shorted

3.28% of the float of National Fuel Gas has been sold short.

Short Interest Ratio / Days to Cover

National Fuel Gas has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in National Fuel Gas has recently increased by 8.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.76

News Sentiment

National Fuel Gas has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for National Fuel Gas this week, compared to 4 articles on an average week.

Search Interest

Only 6 people have searched for NFG on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added National Fuel Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, National Fuel Gas insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $103,309.00 in company stock.

Percentage Held by Insiders

Only 1.55% of the stock of National Fuel Gas is held by insiders.

Percentage Held by Institutions

73.96% of the stock of National Fuel Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NFG Stock Analysis - Frequently Asked Questions

How have NFG shares performed this year?

National Fuel Gas' stock was trading at $50.17 at the beginning of 2024. Since then, NFG stock has increased by 21.7% and is now trading at $61.08.
View the best growth stocks for 2024 here.

How were National Fuel Gas' earnings last quarter?

National Fuel Gas (NYSE:NFG) issued its quarterly earnings data on Wednesday, July, 31st. The oil and gas producer reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.96 by $0.03. National Fuel Gas's revenue was down 2.6% on a year-over-year basis.

Who are National Fuel Gas' major shareholders?

National Fuel Gas' top institutional investors include State Street Corp (4.23%), Victory Capital Management Inc. (2.73%), Geode Capital Management LLC (2.28%) and Equity Investment Corp (1.36%). Insiders that own company stock include Ronald J Tanski, Ronald C Kraemer, Michael W Reville, Justin I Loweth and Donna L Decarolis.
View institutional ownership trends.

How do I buy shares of National Fuel Gas?

Shares of NFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of National Fuel Gas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that National Fuel Gas investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Exxon Mobil (XOM), Broadcom (AVGO), Walmart (WMT) and AbbVie (ABBV).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 11/16/2024
• Next Earnings (Estimated): 2/05/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas distribution
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:NFG
• CUSIP: 63618010
• CIK: 70145
• Web: www.nationalfuelgas.com
• Phone: (716) 857-7000
• Fax: 281-210-5101
• Employees: 2,240
• Year Founded: 1902

Price Target and Rating

• Average Stock Price Target: $69.00
• High Stock Price Target: $81.00
• Low Stock Price Target: $62.00
• Potential Upside/Downside: +13.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.81
• Trailing P/E Ratio: 75.41
• Forward P/E Ratio: 10.73
• P/E Growth: N/A
• Net Income: $77.51 million
• Net Margins: 3.99%
• Pretax Margin: 4.49%
• Return on Equity: 14.88%
• Return on Assets: 5.43%

Debt

• Debt-to-Equity Ratio: 0.77
• Current Ratio: 0.32
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $1.94 billion
• Price / Sales: 2.87
• Cash Flow: $10.10 per share
• Price / Cash Flow: 6.05
• Book Value: $31.18 per share
• Price / Book: 1.96

Miscellaneous

• Outstanding Shares: 91,360,000
• Free Float: 89,941,000
• Market Cap: $5.58 billion
• Optionable: Optionable
• Beta: 0.62