National Fuel Gas (NYSE:NFG) Releases Earnings Results, Misses Expectations By $0.14 EPS

National Fuel Gas (NYSE:NFG - Get Free Report) posted its quarterly earnings data on Wednesday. The oil and gas producer reported $2.71 earnings per share for the quarter, missing the consensus estimate of $2.85 by ($0.14), Zacks reports. The company had revenue of $858.37 million during the quarter, compared to analyst estimates of $823.15 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The business's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company earned $2.39 EPS. National Fuel Gas updated its FY 2026 guidance to 7.450-7.750 EPS.

National Fuel Gas Price Performance

Shares of NYSE NFG opened at $88.11 on Thursday. National Fuel Gas has a twelve month low of $75.73 and a twelve month high of $97.06. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 1.16 and a beta of 0.52. The firm has a 50-day moving average of $91.76 and a two-hundred day moving average of $85.38.

National Fuel Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $0.535 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.14 annualized dividend and a yield of 2.4%. National Fuel Gas's payout ratio is 29.85%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. KeyCorp began coverage on shares of National Fuel Gas in a research report on Tuesday, April 7th. They set an "overweight" rating and a $110.00 price target on the stock. Scotiabank set a $101.00 price objective on shares of National Fuel Gas in a report on Wednesday, January 21st. Finally, Zacks Research upgraded shares of National Fuel Gas from a "strong sell" rating to a "hold" rating in a research note on Monday, March 9th. One research 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 stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $106.00.

Hedge Funds Weigh In On National Fuel Gas

Hedge funds have recently made changes to their positions in the business. HM Payson & Co. bought a new stake in shares of National Fuel Gas in the 4th quarter worth approximately $29,000. Fairscale Capital LLC acquired a new position in National Fuel Gas in the fourth quarter worth approximately $29,000. Transamerica Financial Advisors LLC grew its position in National Fuel Gas by 58.7% in the fourth quarter. Transamerica Financial Advisors LLC now owns 719 shares of the oil and gas producer's stock worth $58,000 after buying an additional 266 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of National Fuel Gas by 88.1% in the second quarter. EverSource Wealth Advisors LLC now owns 916 shares of the oil and gas producer's stock valued at $78,000 after buying an additional 429 shares in the last quarter. Finally, Atlas Capital Advisors Inc. bought a new position in shares of National Fuel Gas in the fourth quarter valued at $92,000. Institutional investors and hedge funds own 73.96% of the company's stock.

About National Fuel Gas

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.