National Fuel Gas (NYSE:NFG) Releases FY 2026 Earnings Guidance

Key Points

• National Fuel Gas (NYSE:NFG) has updated its FY 2026 earnings guidance, projecting earnings per share of 8.000-8.500, while the consensus estimate stands at 8.508.
• The company has recently declared a quarterly dividend of $0.535 per share, up from the previous $0.52, reflecting an annual yield of 2.43%.
• Bank of America has upgraded National Fuel Gas to a "buy" rating with a target price increase from $85.00 to $107.00, indicating significant confidence in the stock's performance.

National Fuel Gas (NYSE:NFG - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 8.000-8.500 for the period, compared to the consensus estimate of 8.508. The company issued revenue guidance of -. National Fuel Gas also updated its FY 2025 guidance to 6.800-6.950 EPS.

National Fuel Gas Stock Performance

NFG traded down $0.13 during midday trading on Friday, reaching $86.66. The company's stock had a trading volume of 892,213 shares, compared to its average volume of 660,605. The company has a fifty day simple moving average of $84.71 and a 200 day simple moving average of $78.83. The company has a current ratio of 0.46, a quick ratio of 0.43 and a debt-to-equity ratio of 0.80. National Fuel Gas has a twelve month low of $56.29 and a twelve month high of $89.82. The stock has a market cap of $7.83 billion, a P/E ratio of 32.58, a PEG ratio of 0.51 and a beta of 0.65.

National Fuel Gas (NYSE:NFG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%. The company had revenue of $531.83 million during the quarter, compared to the consensus estimate of $596.12 million. During the same quarter last year, the company earned $0.99 EPS. The company's quarterly revenue was up 27.4% on a year-over-year basis. Research analysts expect that National Fuel Gas will post 6.64 earnings per share for the current year.

National Fuel Gas Increases Dividend

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

Analysts Set New Price Targets

A number of analysts have commented on NFG shares. Wall Street Zen upgraded National Fuel Gas from a "hold" rating to a "buy" rating in a research report on Saturday. Bank of America upgraded National Fuel Gas from an "underperform" rating to a "buy" rating and raised their target price for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. Finally, Scotiabank raised their target price on National Fuel Gas from $88.00 to $98.00 and gave the stock a "sector outperform" rating in a research report on Friday, July 11th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, National Fuel Gas has a consensus rating of "Buy" and a consensus target price of $95.33.

Hedge Funds Weigh In On National Fuel Gas

Several hedge funds and other institutional investors have recently modified their holdings of NFG. Goldman Sachs Group Inc. raised its holdings in National Fuel Gas by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 159,953 shares of the oil and gas producer's stock worth $12,667,000 after acquiring an additional 36,913 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in National Fuel Gas by 3.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,730 shares of the oil and gas producer's stock valued at $17,480,000 after buying an additional 8,304 shares during the period. Focus Partners Wealth raised its stake in National Fuel Gas by 79.5% in the first quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer's stock valued at $1,008,000 after buying an additional 5,638 shares during the period. Empowered Funds LLC bought a new stake in National Fuel Gas in the first quarter valued at approximately $247,000. Finally, Acadian Asset Management LLC bought a new position in shares of National Fuel Gas during the first quarter worth approximately $138,000. Institutional investors own 73.96% of the company's stock.

National Fuel Gas Company Profile

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.