National Fuel Gas (NYSE:NFG) Research Coverage Started at KeyCorp

KeyCorp began coverage on shares of National Fuel Gas (NYSE:NFG) in a report released on Tuesday, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $110.00 price target on the oil and gas producer’s stock. KeyCorp also issued estimates for National Fuel Gas’ Q2 2026 earnings at $2.90 EPS, Q3 2026 earnings at $1.52 EPS, Q4 2026 earnings at $1.38 EPS, FY2026 earnings at $7.83 EPS, Q1 2027 earnings at $2.12 EPS, Q2 2027 earnings at $2.76 EPS, Q3 2027 earnings at $1.65 EPS, Q4 2027 earnings at $1.43 EPS and FY2027 earnings at $7.96 EPS.

Several other equities research analysts have also recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Zacks Research raised National Fuel Gas from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Scotiabank set a $101.00 price objective on National Fuel Gas in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $106.00.

National Fuel Gas Trading Down 0.6%

National Fuel Gas stock opened at $95.01 on Tuesday. 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 has a one year low of $72.47 and a one year high of $97.06. The stock has a market capitalization of $9.03 billion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 1.24 and a beta of 0.52. The business’s fifty day moving average is $90.73 and its 200 day moving average is $85.52.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Thursday, January 29th. The oil and gas producer reported $2.06 EPS for the quarter, beating the consensus estimate of $1.91 by $0.15. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The company had revenue of $651.51 million for the quarter, compared to analysts’ expectations of $650.70 million. During the same period last year, the firm posted $1.66 earnings per share. National Fuel Gas’s revenue was up 18.6% compared to the same quarter last year. On average, sell-side analysts predict that National Fuel Gas will post 6.64 EPS for the current year.

National Fuel Gas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, March 31st. National Fuel Gas’s dividend payout ratio (DPR) is presently 29.85%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of National Fuel Gas in the third quarter worth about $5,228,000. Citigroup Inc. raised its stake in shares of National Fuel Gas by 51.7% in the third quarter. Citigroup Inc. now owns 64,112 shares of the oil and gas producer’s stock worth $5,922,000 after buying an additional 21,861 shares during the period. Nordea Investment Management AB raised its stake in shares of National Fuel Gas by 15.2% in the third quarter. Nordea Investment Management AB now owns 103,374 shares of the oil and gas producer’s stock worth $9,541,000 after buying an additional 13,620 shares during the period. Orion Porfolio Solutions LLC raised its stake in shares of National Fuel Gas by 152.2% in the second quarter. Orion Porfolio Solutions LLC now owns 34,345 shares of the oil and gas producer’s stock worth $2,909,000 after buying an additional 20,726 shares during the period. Finally, Great Lakes Advisors LLC raised its stake in shares of National Fuel Gas by 26.6% in the third quarter. Great Lakes Advisors LLC now owns 127,075 shares of the oil and gas producer’s stock worth $11,738,000 after buying an additional 26,737 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about National Fuel Gas

Here are the key news stories impacting National Fuel Gas this week:

• Positive Sentiment: KeyCorp upgraded NFG to “Strong‑Buy” and published higher EPS forecasts for FY2026 and FY2027 (Q2 FY2026 view of $2.90, FY2026 $7.83, FY2027 $7.96), which can support the stock and raise expectations ahead of the quarter. KeyCorp Upgrade
• Positive Sentiment: National Fuel scheduled its Q2 FY2026 earnings release for April 29 (after market close) with a conference call on April 30 — a near-term catalyst that will provide updated guidance and segment results for Integrated Upstream & Gathering, Pipeline & Storage, and Utility. Expect increased trading activity and information flow around the print. Earnings Release & Call
• Neutral Sentiment: Institutional positioning is mixed — Quiver/Globe data show many funds both adding and trimming NFG in recent quarters; this could amplify moves but doesn’t indicate a clear directional bias. The company also reported solid Q1 revenue growth (+~18.6% YoY) last quarter. Quiver Summary
• Negative Sentiment: Despite the upgrade and scheduled catalysts, NFG is trading lower today on lighter-than-average volume and is near its 12‑month high — a setup that can prompt profit-taking or a short-term pullback if the earnings print or macro sentiment disappoints. See recent trading metrics and technical context. Market Data

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.