Yaupon Capital Management LP Has $18.58 Million Stake in National Fuel Gas Company $NFG

Key Points

• Yaupon Capital Management LP significantly reduced its stake in National Fuel Gas Company, selling 633,984 shares for a total holding of 234,640 shares, now valued at approximately $18.58 million.
• National Fuel Gas Company has announced a quarterly dividend increase to $0.535 per share, up from $0.52, reflecting a positive momentum in the company's financials.
• Analysts have mixed views on National Fuel Gas, with Zacks Research and Wall Street Zen downgrading the stock to a "hold" rating, while Bank of America upgraded it to a "buy" with a target price increase to $107.00.

Yaupon Capital Management LP lowered its stake in shares of National Fuel Gas Company (NYSE:NFG - Free Report) by 73.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,640 shares of the oil and gas producer's stock after selling 633,984 shares during the quarter. Yaupon Capital Management LP owned about 0.26% of National Fuel Gas worth $18,581,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Assetmark Inc. lifted its position in shares of National Fuel Gas by 9,475.0% during the 1st quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer's stock valued at $30,000 after acquiring an additional 379 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in National Fuel Gas by 316.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer's stock worth $32,000 after purchasing an additional 304 shares during the period. Ameriflex Group Inc. acquired a new stake in National Fuel Gas during the fourth quarter worth about $36,000. Cranbrook Wealth Management LLC bought a new position in National Fuel Gas in the 1st quarter valued at about $40,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of National Fuel Gas in the 1st quarter valued at approximately $40,000. Institutional investors own 73.96% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on NFG. Zacks Research lowered shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Wall Street Zen downgraded National Fuel Gas from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. Finally, Bank of America upgraded National Fuel Gas from an "underperform" rating to a "buy" rating and upped their price objective for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $96.67.

National Fuel Gas Stock Down 1.3%

Shares of NYSE NFG opened at $85.39 on Tuesday. The company has a 50 day simple moving average of $86.46 and a 200 day simple moving average of $81.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. National Fuel Gas Company has a 1 year low of $58.50 and a 1 year high of $89.82. The firm has a market cap of $7.72 billion, a PE ratio of 32.10, a price-to-earnings-growth ratio of 0.51 and a beta of 0.61.

National Fuel Gas (NYSE:NFG - Get Free Report) last announced its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.14. The business had revenue of $531.83 million during the quarter, compared to analyst estimates of $596.12 million. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.National Fuel Gas's revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the company earned $0.99 EPS. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. On average, research analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.535 dividend. The ex-dividend date was Monday, June 30th. This is a positive change from National Fuel Gas's previous quarterly dividend of $0.52. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. National Fuel Gas's dividend payout ratio is 80.45%.

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.

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