National Fuel Gas Company (NYSE:NFG) Receives $96.67 Consensus PT from Analysts

Shares of National Fuel Gas Company (NYSE:NFG) have received an average rating of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $98.00.

NFG has been the topic of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of National Fuel Gas in a research report on Saturday, September 27th. Scotiabank lowered shares of National Fuel Gas from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from $102.00 to $106.00 in a research report on Thursday. Zacks Research lowered shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Wall Street Zen lowered shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Finally, Bank of America upgraded shares of National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th.

Hedge Funds Weigh In On National Fuel Gas

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew its position in National Fuel Gas by 3.4% in the 2nd quarter. State Street Corp now owns 4,035,345 shares of the oil and gas producer’s stock valued at $343,962,000 after buying an additional 132,855 shares during the last quarter. Energy Income Partners LLC grew its position in National Fuel Gas by 2.1% in the 2nd quarter. Energy Income Partners LLC now owns 2,295,208 shares of the oil and gas producer’s stock valued at $194,427,000 after buying an additional 46,616 shares during the last quarter. LSV Asset Management lifted its holdings in National Fuel Gas by 29.6% in the first quarter. LSV Asset Management now owns 2,153,236 shares of the oil and gas producer’s stock valued at $170,515,000 after acquiring an additional 491,890 shares during the period. Geode Capital Management LLC lifted its holdings in National Fuel Gas by 0.3% in the second quarter. Geode Capital Management LLC now owns 1,693,980 shares of the oil and gas producer’s stock valued at $143,531,000 after acquiring an additional 4,995 shares during the period. Finally, Gamco Investors INC. ET AL lifted its holdings in National Fuel Gas by 1.0% in the second quarter. Gamco Investors INC. ET AL now owns 1,510,907 shares of the oil and gas producer’s stock valued at $127,989,000 after acquiring an additional 15,040 shares during the period. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

National Fuel Gas Stock Performance

Shares of National Fuel Gas stock opened at $84.83 on Thursday. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $7.67 billion, a P/E ratio of 31.89, a P/E/G ratio of 0.42 and a beta of 0.58. The firm’s 50 day moving average is $87.88 and its two-hundred day moving average is $84.06. National Fuel Gas has a 52 week low of $58.82 and a 52 week high of $94.13.

National Fuel Gas (NYSE:NFG) last announced its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.14. The business had revenue of $531.83 million for the quarter, compared to analyst estimates of $596.12 million. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The company’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the firm posted $0.99 earnings per share. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Research analysts forecast that National Fuel Gas will post 6.64 EPS for the current fiscal year.

National Fuel Gas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, September 30th. National Fuel Gas’s dividend payout ratio (DPR) is 80.45%.

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.