National Fuel Gas Company (NYSE:NFG) Short Interest Update

National Fuel Gas Company (NYSE:NFGGet Free Report) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 3,854,399 shares, a drop of 13.8% from the January 15th total of 4,472,596 shares. Based on an average trading volume of 878,994 shares, the days-to-cover ratio is currently 4.4 days. Approximately 4.1% of the shares of the stock are short sold. Approximately 4.1% of the shares of the stock are short sold. Based on an average trading volume of 878,994 shares, the days-to-cover ratio is currently 4.4 days.

National Fuel Gas Stock Performance

Shares of NFG stock traded down $1.00 during trading hours on Tuesday, reaching $86.34. 128,042 shares of the company’s stock were exchanged, compared to its average volume of 815,823. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.58. National Fuel Gas has a fifty-two week low of $69.93 and a fifty-two week high of $94.13. The business has a fifty day moving average price of $82.20 and a 200-day moving average price of $84.02. The stock has a market capitalization of $8.21 billion, a P/E ratio of 12.04, a P/E/G ratio of 1.10 and a beta of 0.60.

National Fuel Gas (NYSE:NFGGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.15. The firm had revenue of $651.51 million for the quarter, compared to analyst estimates of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The company’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Analysts predict that National Fuel Gas will post 6.64 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.535 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.5%. National Fuel Gas’s dividend payout ratio (DPR) is 29.85%.

Analysts Set New Price Targets

A number of research firms recently issued reports on NFG. Scotiabank set a $101.00 target price on National Fuel Gas in a report on Wednesday, January 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Finally, Zacks Research cut shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a research 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 issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $96.33.

Get Our Latest Analysis on NFG

Hedge Funds Weigh In On National Fuel Gas

A number of institutional investors and hedge funds have recently bought and sold shares of NFG. Fox Run Management L.L.C. boosted its stake in National Fuel Gas by 80.0% during the 2nd quarter. Fox Run Management L.L.C. now owns 15,291 shares of the oil and gas producer’s stock worth $1,295,000 after acquiring an additional 6,796 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in National Fuel Gas in the third quarter worth $5,228,000. Nordea Investment Management AB raised its holdings in 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 purchasing an additional 13,620 shares during the period. Orion Porfolio Solutions LLC boosted its position in shares of National Fuel Gas by 152.2% during 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 purchasing an additional 20,726 shares in the last quarter. Finally, Great Lakes Advisors LLC grew its holdings in shares of National Fuel Gas by 26.6% in the 3rd quarter. Great Lakes Advisors LLC now owns 127,075 shares of the oil and gas producer’s stock valued at $11,738,000 after buying an additional 26,737 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for National Fuel Gas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Fuel Gas and related companies with MarketBeat.com's FREE daily email newsletter.