National Fuel Gas (NYSE:NFG) Raised to Hold at Zacks Research

Key Points

• Zacks Research upgraded National Fuel Gas from a "strong sell" to a "hold," while the consensus analyst rating remains Hold with an average price target of $96.33 (Scotiabank $101; two buys, three holds).
• The company beat estimates in its most recent quarter with $2.06 EPS versus a $1.91 consensus and $651.5M revenue (up 18.6% YoY), and set FY2026 guidance of 7.600–8.100 EPS.
• Shares trade around $91.21 with a market cap of $8.67B and a P/E of 12.72, sitting near their 52‑week high of $94.13 and above the 50‑ and 200‑day moving averages (~$84.9 and $84.4).

National Fuel Gas (NYSE:NFG - Get Free Report) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued to investors on Monday,Zacks.com reports.

Several other equities analysts also recently weighed in on NFG. Scotiabank set a $101.00 price target on National Fuel Gas in a report on Wednesday, January 21st. Weiss Ratings reiterated a "buy (b-)" rating on shares of National Fuel Gas in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, National Fuel Gas currently has an average rating of "Hold" and a consensus price target of $96.33.

National Fuel Gas Price Performance

NFG opened at $91.21 on Monday. The stock has a fifty day simple moving average of $84.89 and a two-hundred day simple moving average of $84.37. 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 cap of $8.67 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 1.20 and a beta of 0.57. National Fuel Gas has a 12-month low of $69.93 and a 12-month high of $94.13.

National Fuel Gas (NYSE:NFG - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, beating the consensus estimate of $1.91 by $0.15. The business had revenue of $651.51 million during the quarter, compared to analyst estimates of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The company's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Research analysts predict that National Fuel Gas will post 6.64 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NFG. Root Financial Partners LLC purchased a new position in shares of National Fuel Gas during the third quarter valued at approximately $29,000. Richardson Financial Services Inc. grew its position in National Fuel Gas by 88.5% in the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer's stock valued at $33,000 after acquiring an additional 169 shares during the last quarter. Fairscale Capital LLC purchased a new stake in National Fuel Gas in the fourth quarter worth $29,000. HM Payson & Co. bought a new stake in shares of National Fuel Gas during the fourth quarter worth $29,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of National Fuel Gas by 105.3% during the third quarter. Hantz Financial Services Inc. now owns 423 shares of the oil and gas producer's stock valued at $39,000 after purchasing an additional 217 shares during the period. Institutional investors 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.

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