Greenland Capital Management LP Has $1.57 Million Holdings in National Fuel Gas Company $NFG

Greenland Capital Management LP boosted its position in shares of National Fuel Gas Company (NYSE:NFG) by 88.7% in the third quarter, Holdings Channel.com reports. The firm owned 16,982 shares of the oil and gas producer’s stock after acquiring an additional 7,982 shares during the period. Greenland Capital Management LP’s holdings in National Fuel Gas were worth $1,569,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new position in shares of National Fuel Gas during the third quarter worth about $29,000. Richardson Financial Services Inc. boosted its position in National Fuel Gas by 88.5% during the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 169 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of National Fuel Gas by 355.1% during the 2nd quarter. Golden State Wealth Management LLC now owns 405 shares of the oil and gas producer’s stock worth $34,000 after acquiring an additional 316 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of National Fuel Gas by 105.3% in 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 last quarter. Finally, True Wealth Design LLC lifted its position in National Fuel Gas by 3,883.3% during the 3rd quarter. True Wealth Design LLC now owns 478 shares of the oil and gas producer’s stock worth $44,000 after buying an additional 466 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Zacks Research cut National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Scotiabank set a $101.00 price objective on National Fuel Gas in a report on Wednesday, January 21st. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $96.33.

National Fuel Gas Trading Down 1.7%

NFG stock opened at $87.54 on Tuesday. National Fuel Gas Company has a one year low of $69.93 and a one year high of $94.13. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 1.15 and a beta of 0.60. The company has a fifty day moving average price of $82.74 and a two-hundred day moving average price of $84.04. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.65 and a quick ratio of 0.59.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.15. National Fuel Gas had a net margin of 27.65% and a return on equity of 21.45%. The company had revenue of $651.51 million during the quarter, compared to analysts’ expectations of $650.70 million. During the same quarter last year, the company posted $1.66 EPS. National Fuel Gas’s quarterly revenue was up 18.6% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Equities analysts anticipate that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.535 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.14 annualized dividend and a dividend yield of 2.4%. National Fuel Gas’s dividend payout ratio is presently 29.85%.

National Fuel Gas Profile

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.