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

Company Overview

National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.

In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques. The Pipeline & Storage division operates nearly 3,000 miles of interstate and intrastate pipelines, transporting natural gas to power generators, industrial users and local distribution companies. Through its Utilities segment, the company delivers gas to approximately two million customers across western New York and northwestern Pennsylvania. The Energy Marketing group sources, trades and sells gas for third-party customers and for internal supply optimization.

Founded in 1902 and headquartered in Williamsville, New York, National Fuel Gas has grown from a local gas utility into a multi-state energy enterprise. It maintains a balanced portfolio of regulated and non-regulated assets, supporting stable cash flows and growth opportunities. The company is led by Chairman, President and Chief Executive Officer Robert J. MacLeod, whose team brings substantial expertise in upstream operations, pipeline management and utility regulation.

Key Stats

• Today's Range: $86.00 to $87.49
• 50-Day Range: $82.12 to $89.09
• 52-Week Range: $58.50 to $89.82
• Volume: 603,454 shs
• Average Volume: 522,594 shs
• Market Capitalization: $7.86 billion
• P/E Ratio: 32.71
• Dividend Yield: 2.46%
• Price Target: $96.67
• Consensus Rating: Moderate Buy

National Fuel Gas Stock Analysis - MarketRank™

National Fuel Gas scored higher than 97% of companies evaluated by MarketBeat, and ranked 12th out of 268 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

National Fuel Gas has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

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: 4.4 / 5
• Proj. Earnings Growth: 17.32%

Earnings Growth

Earnings for National Fuel Gas are expected to grow by 17.32% in the coming year, from $6.64 to $7.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National Fuel Gas is 32.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Fuel Gas is 32.71, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 67.40.

Price to Earnings Growth Ratio

National Fuel Gas has a PEG Ratio of 0.51. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

National Fuel Gas has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.48% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in National Fuel Gas has recently decreased by 4.74%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

National Fuel Gas pays a meaningful dividend of 2.47%, 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 80.45%. 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 27.47% 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

2.48% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in National Fuel Gas has recently decreased by 4.74%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 1.57

News Sentiment

National Fuel Gas has a news sentiment score of 1.57. 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 0.86 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for National Fuel Gas this week, compared to 9 articles on an average week.

Search Interest

Only 12 people have searched for NFG on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

7 people have added National Fuel Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, National Fuel Gas insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.41% 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 $60.68 on January 1st, 2025. Since then, NFG shares have increased by 43.4% and is now trading at $87.00.

How were National Fuel Gas' earnings last quarter?

National Fuel Gas Company (NYSE:NFG) released its quarterly earnings data on Wednesday, July, 30th. The oil and gas producer reported $1.64 EPS for the quarter, beating the consensus estimate of $1.50 by $0.14. National Fuel Gas's revenue was up 27.4% compared to the same quarter last year.
Read the conference call transcript.

Who are National Fuel Gas' major shareholders?

Top institutional investors of National Fuel Gas include Vanguard Group Inc. (13.61%), State Street Corp (4.47%), Gabelli Funds LLC (2.63%) and Energy Income Partners LLC (2.54%). Insiders that own company stock include Donna L Decarolis, Justin I Loweth and Michael W Reville.
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.

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

• Record date for 7/15 Dividend: 6/30/2025
• Ex-Dividend for 7/15 Dividend: 6/30/2025
• Dividend Payable: 7/15/2025
• Last Earnings: 7/30/2025
• Today: 9/03/2025
• Fiscal Year End: 9/30/2025
• Next Earnings (Estimated): 11/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL - US INTEGRTD
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:NFG
• CIK: 70145
• Web: www.nationalfuelgas.com
• Phone: (716) 857-7000
• Fax: 281-210-5101
• Employees: 2,311
• Year Founded: 1902

Price Target and Rating

• Average Price Target for National Fuel Gas: $96.67
• High Price Target: $107.00
• Low Price Target: $81.00
• Potential Upside/Downside: +11.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.66
• Trailing P/E Ratio: 32.71
• Forward P/E Ratio: 13.10
• P/E Growth: 0.51
• Net Income: $77.51 million
• Net Margins: 11.15%
• Pretax Margin: 14.51%
• Return on Equity: 20.81%
• Return on Assets: 7.03%

Debt

• Debt-to-Equity Ratio: 0.80
• Current Ratio: 0.46
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: $1.94 billion
• Price / Sales: 4.04
• Cash Flow: $10.09 per share
• Price / Cash Flow: 8.62
• Book Value: $32.93 per share
• Price / Book: 2.64

Miscellaneous

• Outstanding Shares: 90,360,000
• Free Float: 89,090,000
• Market Cap: $7.86 billion
• Optionable: Optionable
• Beta: 0.61