National Fuel Gas (NYSE:NFG) Announces Earnings Results

National Fuel Gas (NYSE:NFG) issued its earnings results on Wednesday. The oil and gas producer reported $2.06 EPS for the quarter, topping the consensus estimate of $1.91 by $0.15, Zacks reports. The company had revenue of $651.51 million during the quarter, compared to analyst estimates of $650.70 million. National Fuel Gas had a return on equity of 22.62% and a net margin of 27.65%.The business’s revenue was up 18.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.66 EPS. National Fuel Gas updated its FY 2026 guidance to 7.600-8.100 EPS.

National Fuel Gas Stock Performance

Shares of NYSE:NFG traded down $0.10 on Friday, hitting $83.90. The company’s stock had a trading volume of 100,417 shares, compared to its average volume of 835,321. The company has a market capitalization of $7.97 billion, a price-to-earnings ratio of 11.69, a price-to-earnings-growth ratio of 1.15 and a beta of 0.61. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.35 and a current ratio of 0.44. National Fuel Gas has a 12 month low of $68.65 and a 12 month high of $94.13. The stock’s 50-day moving average is $81.35 and its two-hundred day moving average is $84.28.

National Fuel Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Wednesday, December 31st. National Fuel Gas’s payout ratio is 37.68%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Zacks Research lowered shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 21st. Finally, Scotiabank set a $101.00 target price on shares of National Fuel Gas in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, National Fuel Gas has a consensus rating of “Hold” and an average price target of $96.33.

Hedge Funds Weigh In On National Fuel Gas

Several large investors have recently bought and sold shares of the stock. State Street Corp lifted its stake in shares of 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 worth $343,962,000 after acquiring an additional 132,855 shares during the period. AQR Capital Management LLC lifted its position in National Fuel Gas by 103.4% in the third quarter. AQR Capital Management LLC now owns 2,138,153 shares of the oil and gas producer’s stock worth $197,501,000 after purchasing an additional 1,087,067 shares during the period. Invesco Ltd. boosted its stake in National Fuel Gas by 23.9% during the 3rd quarter. Invesco Ltd. now owns 1,117,052 shares of the oil and gas producer’s stock valued at $103,182,000 after purchasing an additional 215,641 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of National Fuel Gas by 4.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,109,820 shares of the oil and gas producer’s stock valued at $102,517,000 after purchasing an additional 42,862 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of National Fuel Gas by 37.0% in the 3rd quarter. Bank of America Corp DE now owns 668,610 shares of the oil and gas producer’s stock worth $61,760,000 after buying an additional 180,539 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

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.