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: $77.89 to $78.57
• 50-Day Range: $75.88 to $89.34
• 52-Week Range: $75.17 to $97.06
• Volume: 22,407 shs
• Average Volume: 801,138 shs
• Market Capitalization: $7.46 billion
• P/E Ratio: 10.59
• Dividend Yield: 2.83%
• Price Target: $106.00
• Consensus Rating: Moderate Buy

National Fuel Gas Stock Analysis - MarketRank™

National Fuel Gas scored higher than 89% of companies evaluated by MarketBeat, and ranked 69th out of 251 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: 3.8 / 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 1 strong buy rating, 2 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

National Fuel Gas has a consensus price target of $106.00, representing about 36.8% upside from its current price of $77.47.

Amount of Analyst Coverage

National Fuel Gas has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.01%

Earnings Growth

Earnings for National Fuel Gas are expected to grow by 5.01% in the coming year, from $7.58 to $7.96 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of National Fuel Gas is 10.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 46.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of National Fuel Gas is 10.48, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 18.42.

Price to Earnings Growth Ratio

National Fuel Gas has a PEG Ratio of 1.70. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

National Fuel Gas has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.40% 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 7.55.

Change versus previous month

Short interest in National Fuel Gas has recently increased by 4.49%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

National Fuel Gas pays a meaningful dividend of 2.88%, 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 30.04%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, National Fuel Gas will have a dividend payout ratio of 27.89% next year. This indicates that National Fuel Gas will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

National Fuel Gas has a news sentiment score of 1.22. 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 0.71 average news sentiment score of Energy companies.

Search Interest

Only 8 people have searched for NFG on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

5 people have added National Fuel Gas to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 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

1.32% 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.

Company Calendar

• Record date for 4/15 Dividend: 3/31/2026
• Ex-Dividend for 4/15 Dividend: 3/31/2026
• Dividend Payable: 4/15/2026
• Last Earnings: 4/30/2026
• Record date for 7/15 Dividend: 6/30/2026
• Ex-Dividend for 7/15 Dividend: 6/30/2026
• Today: 7/02/2026
• Dividend Payable: 7/15/2026
• Next Earnings (Estimated): 7/29/2026
• Fiscal Year End: 9/30/2026

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: 2,322
• Year Founded: 1902

Price Target and Rating

• Average Price Target for National Fuel Gas: $106.00
• High Price Target: $110.00
• Low Price Target: $101.00
• Potential Upside/Downside: +35.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.39
• Trailing P/E Ratio: 10.59
• Forward P/E Ratio: 10.36
• P/E Growth: 1.7
• Net Income: $518.50 million
• Net Margins: 27.48%
• Pretax Margin: 36.89%
• Return on Equity: 20.62%
• Return on Assets: 7.83%

Debt

• Debt-to-Equity Ratio: 0.55
• Current Ratio: 0.62
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $2.28 billion
• Price / Sales: 3.28
• Cash Flow: $12.23 per share
• Price / Cash Flow: 6.42
• Book Value: $34.25 per share
• Price / Book: 2.29

Miscellaneous

• Outstanding Shares: 95,040,000
• Free Float: 93,781,000
• Market Cap: $7.46 billion
• Optionable: Optionable
• Beta: 0.37