National Fuel Gas (NYSE:NFG) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

National Fuel Gas (NYSE:NFG) posted its quarterly earnings results on Wednesday. The oil and gas producer reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.10, Zacks reports. The firm had revenue of $537.50 million during the quarter, compared to analyst estimates of $564.33 million. National Fuel Gas had a return on equity of 19.61% and a net margin of 26.97%.The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period last year, the company earned $1.64 earnings per share. National Fuel Gas updated its FY 2026 guidance to 7.400-7.600 EPS.

National Fuel Gas Stock Performance

NYSE NFG traded down $0.50 during trading hours on Friday, hitting $81.97. The company’s stock had a trading volume of 167,261 shares, compared to its average volume of 785,146. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.62 and a quick ratio of 0.55. The company has a market cap of $7.79 billion, a P/E ratio of 11.37, a price-to-earnings-growth ratio of 1.76 and a beta of 0.37. The company’s 50 day simple moving average is $78.75 and its two-hundred day simple moving average is $84.53. National Fuel Gas has a 12 month low of $75.17 and a 12 month high of $97.06.

National Fuel Gas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from National Fuel Gas’s previous quarterly dividend of $0.54. National Fuel Gas’s dividend payout ratio is 30.83%.

Hedge Funds Weigh In On National Fuel Gas

Institutional investors and hedge funds have recently modified their holdings of the company. Fairscale Capital LLC bought a new position in National Fuel Gas in the fourth quarter valued at about $29,000. HM Payson & Co. purchased a new stake in shares of National Fuel Gas in the 4th quarter worth $29,000. Transamerica Financial Advisors LLC raised its holdings in National Fuel Gas by 58.7% in the 4th quarter. Transamerica Financial Advisors LLC now owns 719 shares of the oil and gas producer’s stock worth $58,000 after purchasing an additional 266 shares during the period. EverSource Wealth Advisors LLC grew its holdings in National Fuel Gas by 88.1% during the second quarter. EverSource Wealth Advisors LLC now owns 916 shares of the oil and gas producer’s stock valued at $78,000 after purchasing an additional 429 shares during the period. Finally, Atlas Capital Advisors Inc. purchased a new stake in National Fuel Gas in the fourth quarter worth about $92,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NFG has been the topic of a number of research analyst reports. Weiss Ratings lowered National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. KeyCorp started coverage on National Fuel Gas in a research note on Tuesday, April 7th. They set an “overweight” rating and a $110.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $105.50.

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.