Should I buy or sell National Fuel Gas stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Fuel Gas in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NFG shares. View NFG analyst ratings or view top-rated stocks .

What is National Fuel Gas' stock price target for 2024?

2 brokerages have issued 12-month price targets for National Fuel Gas' shares. Their NFG share price targets range from $54.00 to $68.00. On average, they anticipate the company's share price to reach $61.20 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View analysts price targets for NFG or view top-rated stocks among Wall Street analysts .

How have NFG shares performed in 2023?

National Fuel Gas' stock was trading at $63.30 at the start of the year. Since then, NFG stock has decreased by 20.8% and is now trading at $50.14. View the best growth stocks for 2023 here .

When is National Fuel Gas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our NFG earnings forecast .

How were National Fuel Gas' earnings last quarter?

National Fuel Gas (NYSE:NFG) posted its quarterly earnings results on Wednesday, November, 1st. The oil and gas producer reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.05. The oil and gas producer earned $368.95 million during the quarter, compared to the consensus estimate of $475.08 million. National Fuel Gas had a trailing twelve-month return on equity of 16.86% and a net margin of 21.94%. The firm's quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.19 EPS.

How often does National Fuel Gas pay dividends? What is the dividend yield for National Fuel Gas?

National Fuel Gas declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of $0.495 per share on Friday, October 13th. This represents a $1.98 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Thursday, September 28th. Read our dividend analysis for NFG .

Is National Fuel Gas a good dividend stock?

National Fuel Gas (NYSE:NFG) pays an annual dividend of $1.98 per share and currently has a dividend yield of 3.84%. The company has been increasing its dividend for 53 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFG will have a dividend payout ratio of 29.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NFG .

What ETFs hold National Fuel Gas' stock?

ETFs with the largest weight of National Fuel Gas (NYSE:NFG) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU) , Inspire Faithward Mid Cap Momentum ETF (GLRY) , First Trust EIP Carbon Impact ETF (ECLN) , First Trust North American Energy Infrastructure Fund (EMLP) , FT Energy Income Partners Strategy ETF (EIPX) , Invesco Energy Exploration & Production ETF (PXE) , ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) and Tortoise North American Pipeline Fund (TPYP) .

What is Ronald J. Tanski's approval rating as National Fuel Gas' CEO?

9 employees have rated National Fuel Gas Chief Executive Officer Ronald J. Tanski on Glassdoor.com . Ronald J. Tanski has an approval rating of 65% among the company's employees.

What other stocks do shareholders of National Fuel Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Fuel Gas investors own include AbbVie (ABBV) , AT&T (T) , Verizon Communications (VZ) , Bank of America (BAC) , Enterprise Products Partners (EPD) , Pfizer (PFE) , Exxon Mobil (XOM) , Dominion Energy (D) , Walt Disney (DIS) and Duke Energy (DUK) .

Who are National Fuel Gas' major shareholders?

National Fuel Gas' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (4.21%), Gabelli Funds LLC (2.67%), LSV Asset Management (1.95%), Bank of New York Mellon Corp (1.33%), Gamco Investors INC. ET AL (1.31%) and Invesco Ltd. (1.25%). Insiders that own company stock include David P Bauer , Donna L Decarolis , Justin I Loweth , Ronald C Kraemer and Ronald J Tanski . View institutional ownership trends .

How do I buy shares of National Fuel Gas?

Shares of NFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

National Fuel Gas Stock Price, News & Analysis (NYSE:NFG)

$50.18

-1.27 (-2.47%)

(As of 05:21 PM ET)

Compare

Today's Range: $49.88
▼
$51.18
50-Day Range: $50.26
▼
$55.51
52-Week Range: $48.60
▼
$66.61

Volume: 409,146 shs
Average Volume: 526,744 shs
Market Capitalization: $4.61 billion

P/E Ratio: 9.71
Dividend Yield: 3.95%
Price Target: $61.20

National Fuel Gas MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 22.1% Upside
$61.20 Price Target
Short Interest: Healthy
2.45% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -7.18
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 19.00%
From $5.58 to $6.64 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Utilities Sector

27th out of 86 stocks

Natural Gas Distribution Industry

4th out of 10 stocks

2.3

Analyst's Opinion

Consensus Rating
National Fuel Gas has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $61.20, National Fuel Gas has a forecasted upside of 22.1% from its current price of $50.14.
Amount of Analyst Coverage
National Fuel Gas has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.45% 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 5.1.
Change versus previous month
Short interest in National Fuel Gas has recently decreased by 4.31%, indicating that investor sentiment is improving.

5.0

Dividend Strength

Dividend Leadership
National Fuel Gas is a leading dividend payer. It pays a dividend yield of 3.84%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
National Fuel Gas has been increasing its dividend for 53 years.
Dividend Coverage
The dividend payout ratio of National Fuel Gas is 38.30%. 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 29.82% next year. This indicates that National Fuel Gas will be able to sustain or increase its dividend.

0.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
National Fuel Gas has received a -77.93% net impact score from Upright. The largest negative impact of National Fuel Gas in category "GHG emissions" seems to be driven mostly by its "Natural gas distribution services", "Natural gas pipes", and "Natural gas pipe maintenance" products. See details.
Environmental Sustainability
The Environmental Impact score for National Fuel Gas is -7.18.

0.0

News and Social Media Coverage

Search Interest
Only 4 people have searched for NFG on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added National Fuel Gas to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

1.7

Company Ownership

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
Only 1.44% of the stock of National Fuel Gas is held by insiders.
Percentage Held by Institutions
73.70% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for National Fuel Gas are expected to grow by 19.00% in the coming year, from $5.58 to $6.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of National Fuel Gas is 9.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of National Fuel Gas is 9.70, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 103.01.
Price to Earnings Growth Ratio
National Fuel Gas has a PEG Ratio of 1.15. 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 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About National Fuel Gas Stock (NYSE:NFG)

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. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca. The Utility segment sells natural gas or provides natural gas utility services to various customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. National Fuel Gas Company was incorporated in 1902 and is headquartered in Williamsville, New York.

NFG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NFG Stock News Headlines

November 27, 2023 | seekingalpha.com

National Fuel Gas: Don't Be Discouraged By The Bearish Forecast Of The EIA

November 25, 2023 | americanbankingnews.com

National Fuel Gas (NYSE:NFG) Upgraded by StockNews.com to Hold

December 5, 2023 | DTI Trader (Ad)

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November 19, 2023 | finance.yahoo.com

Dividend Champions List Ranked By Yield: Top 30

November 3, 2023 | finance.yahoo.com

Q4 2023 National Fuel Gas Co Earnings Call

November 2, 2023 | finance.yahoo.com

National Fuel Gas Co (NFG) Reports Q4 and Full Year Fiscal 2023 Earnings

November 1, 2023 | finance.yahoo.com

National Fuel Reports Fourth Quarter and Full Year Fiscal 2023 Earnings

November 1, 2023 | msn.com

National Fuel customers could see price hike later next year

December 5, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

October 30, 2023 | markets.businessinsider.com

New Found Gold Corp. Announces C$56 Million Bought Deal Financing

October 30, 2023 | finance.yahoo.com

National Fuel Gas Company's (NYSE:NFG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

October 6, 2023 | finance.yahoo.com

Bull of the Day: National Fuel Gas Company (NFG)

October 5, 2023 | msn.com

National Fuel predicts 30% decrease in home heating bills this winter

September 23, 2023 | finance.yahoo.com

Interested In National Fuel Gas' (NYSE:NFG) Upcoming US$0.49 Dividend? You Have Four Days Left

September 19, 2023 | seekingalpha.com

National Fuel Gas Bridges Stability And Growth With Eastern Shift

September 11, 2023 | finance.yahoo.com

National Fuel Releases its 2022 Corporate Responsibility Report Highlighting Safe, Reliable, Affordable and Sustainable Operations

September 6, 2023 | seekingalpha.com

Mixed-Sector National Fuel Gas Worth A Fresh Look: Upgrade To Buy

September 1, 2023 | finance.yahoo.com

National Fuel Gas (NFG) Up 0.6% Since Last Earnings Report: Can It Continue?

August 16, 2023 | stocknews.com

Energy Transfer LP (ET) vs. National Fuel Gas Company (NFG): Which Energy Stock Has More Gas?

August 4, 2023 | finance.yahoo.com

Q3 2023 National Fuel Gas Co Earnings Call

August 3, 2023 | seekingalpha.com

National Fuel Gas Company 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | finance.yahoo.com

Looking at Energy Stocks? Consider This Unique 3.7% Yielding Natural Gas Dividend King.

July 18, 2023 | finance.yahoo.com

National Fuel Schedules Third Quarter Fiscal 2023 Earnings Conference Call

June 18, 2023 | finance.yahoo.com

National Fuel Gas' (NYSE:NFG) Dividend Will Be Increased To $0.495

June 16, 2023 | msn.com

Your monthly utility bill is going up. Why is National Fuel Gas increasing its base rate?

June 16, 2023 | seekingalpha.com

Despite The Steep Decline, National Fuel Gas Is Still A Hold

June 16, 2023 | msn.com

National Fuel Gas' (NFG) Board Approves 4.2% Dividend Hike

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/28/2023
Dividend Payable: 10/13/2023
Last Earnings: 11/01/2023
Today: 12/05/2023
Next Earnings (Estimated): 2/01/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Natural gas distribution
Sub-Industry: Gas Utilities
Sector: Utilities
Current Symbol: NYSE:NFG
CUSIP: 63618010
CIK: 70145
Web: www.nationalfuelgas.com
Phone: (716) 857-7000
Fax: 281-210-5101
Employees: 2,240
Year Founded: 1902

Price Target and Rating

Average Stock Price Target: $61.20
High Stock Price Target: $68.00
Low Stock Price Target: $54.00
Potential Upside/Downside: +19.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.17
Trailing P/E Ratio: 9.95
Forward P/E Ratio: 9.22
P/E Growth: 1.15
Net Income: $476.87 million
Net Margins: 21.94%
Pretax Margin: 29.51%
Return on Equity: 16.86%
Return on Assets: 5.87%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 0.51
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: $2.17 billion
Price / Sales: 2.17
Cash Flow: $9.63 per share
Price / Cash Flow: 5.34
Book Value: $32.27 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 91,830,000
Free Float: 90,508,000
Market Cap: $4.72 billion
Optionable: Optionable
Beta: 0.65

Social Links

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Key Executives

Mr. David P. Bauer (Age 54)
President, CEO & Director
Comp: $2.77M
Mr. Ronald C. Kraemer (Age 67)
Chief Operating Officer
Comp: $1.88M
Ms. Donna L. DeCarolis (Age 64)
President of National Fuel Gas Distribution Corporation
Comp: $1.38M
Mr. Justin I. Loweth (Age 45)
President of National Fuel Gas Midstream Company, LLC & Seneca Resources Company, LLC
Comp: $1.5M
Mr. Timothy J. Silverstein (Age 40)
Principal Financial Officer & Treasurer
Ms. Elena G. Mendel (Age 57)
Controller & Principal Accounting Officer
Mr. Martin A. Krebs (Age 53)
Chief Information Officer
Brandon J. Haspett
Director of Investor Relations
Mr. Michael W. Reville (Age 64)
General Counsel & Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NFG Stock Analysis - Frequently Asked Questions

Should I buy or sell National Fuel Gas stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Fuel Gas in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NFG shares.
View NFG analyst ratings or view top-rated stocks.
What is National Fuel Gas' stock price target for 2024?: 2 brokerages have issued 12-month price targets for National Fuel Gas' shares. Their NFG share price targets range from $54.00 to $68.00. On average, they anticipate the company's share price to reach $61.20 in the next year. This suggests a possible upside of 22.1% from the stock's current price.
View analysts price targets for NFG or view top-rated stocks among Wall Street analysts.
How have NFG shares performed in 2023?: National Fuel Gas' stock was trading at $63.30 at the start of the year. Since then, NFG stock has decreased by 20.8% and is now trading at $50.14.
View the best growth stocks for 2023 here.
When is National Fuel Gas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024.
View our NFG earnings forecast.
How were National Fuel Gas' earnings last quarter?: National Fuel Gas (NYSE:NFG) posted its quarterly earnings results on Wednesday, November, 1st. The oil and gas producer reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.05. The oil and gas producer earned $368.95 million during the quarter, compared to the consensus estimate of $475.08 million. National Fuel Gas had a trailing twelve-month return on equity of 16.86% and a net margin of 21.94%. The firm's quarterly revenue was down 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.19 EPS.
How often does National Fuel Gas pay dividends? What is the dividend yield for National Fuel Gas?: National Fuel Gas declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of $0.495 per share on Friday, October 13th. This represents a $1.98 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for NFG.

Is National Fuel Gas a good dividend stock?: National Fuel Gas (NYSE:NFG) pays an annual dividend of $1.98 per share and currently has a dividend yield of 3.84%. The company has been increasing its dividend for 53 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NFG will have a dividend payout ratio of 29.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NFG.
What ETFs hold National Fuel Gas' stock?: ETFs with the largest weight of National Fuel Gas (NYSE:NFG) stock in their portfolio include First Trust Utilities AlphaDEX Fund (FXU), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust EIP Carbon Impact ETF (ECLN), First Trust North American Energy Infrastructure Fund (EMLP), FT Energy Income Partners Strategy ETF (EIPX), Invesco Energy Exploration & Production ETF (PXE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) and Tortoise North American Pipeline Fund (TPYP).
What is Ronald J. Tanski's approval rating as National Fuel Gas' CEO?: 9 employees have rated National Fuel Gas Chief Executive Officer Ronald J. Tanski on Glassdoor.com. Ronald J. Tanski has an approval rating of 65% among the company's employees.
What other stocks do shareholders of National Fuel Gas own?: Based on aggregate information from My MarketBeat watchlists, some companies that other National Fuel Gas investors own include AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), Bank of America (BAC), Enterprise Products Partners (EPD), Pfizer (PFE), Exxon Mobil (XOM), Dominion Energy (D), Walt Disney (DIS) and Duke Energy (DUK).
Who are National Fuel Gas' major shareholders?: National Fuel Gas' stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (4.21%), Gabelli Funds LLC (2.67%), LSV Asset Management (1.95%), Bank of New York Mellon Corp (1.33%), Gamco Investors INC. ET AL (1.31%) and Invesco Ltd. (1.25%). Insiders that own company stock include David P Bauer, Donna L Decarolis, Justin I Loweth, Ronald C Kraemer and Ronald J Tanski.
View institutional ownership trends.
How do I buy shares of National Fuel Gas?: Shares of NFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:NFG) was last updated on 12/5/2023 by MarketBeat.com Staff

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