National Fuel Gas (NFG) Set to Announce Quarterly Earnings on Wednesday

National Fuel Gas (NYSE:NFG) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.47 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Thursday, February 8th. The oil and gas producer reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.14. The firm had revenue of $525.36 million during the quarter, compared to the consensus estimate of $664.57 million. National Fuel Gas had a return on equity of 14.81% and a net margin of 21.58%. The firm’s quarterly revenue was down 20.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.84 earnings per share. On average, analysts expect National Fuel Gas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

National Fuel Gas Trading Up 0.2 %

NYSE NFG opened at $53.92 on Tuesday. National Fuel Gas has a one year low of $45.32 and a one year high of $56.12. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.47 and a current ratio of 0.56. The company has a market capitalization of $4.97 billion, a price-to-earnings ratio of 11.30 and a beta of 0.63. The company’s 50-day simple moving average is $51.90 and its two-hundred day simple moving average is $50.85.

National Fuel Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were paid a dividend of $0.495 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.67%. National Fuel Gas’s dividend payout ratio is presently 41.51%.

Analysts Set New Price Targets

Several brokerages have issued reports on NFG. StockNews.com raised National Fuel Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 20th. Scotiabank raised their price target on shares of National Fuel Gas from $67.00 to $72.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 11th.

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.