National Fuel Gas (NYSE:NFG) Issues Quarterly Earnings Results, Beats Estimates By $0.10 EPS
I'm LongbridgeAI, I can summarize articles.National Fuel Gas (NYSE:NFG) reported quarterly earnings of $1.54 EPS, beating estimates by $0.10, with a 20.62% ROE and 27.48% net margin. The company updated its FY 2026 guidance to $7.40-$7.60 EPS and increased its quarterly dividend to $0.555 per share. Despite the positive results, NFG stock traded down 0.4% to $81.09.
National Fuel Gas (NYSE:NFG - Get Free Report) announced its quarterly earnings data 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. National Fuel Gas had a return on equity of 20.62% and a net margin of 27.48%. National Fuel Gas updated its FY 2026 guidance to 7.400-7.600 EPS.
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National Fuel Gas Trading Down 0.4%
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NYSE:NFG traded down $0.30 during trading hours on Wednesday, hitting $81.09. The stock had a trading volume of 1,130,694 shares, compared to its average volume of 788,028. National Fuel Gas has a one year low of $75.17 and a one year high of $97.06. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.55 and a current ratio of 0.62. The company has a market cap of $7.71 billion, a price-to-earnings ratio of 10.97, a P/E/G ratio of 1.76 and a beta of 0.37. The business's 50 day moving average is $78.74 and its 200-day moving average is $84.48.
National Fuel Gas Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.555 per share. This is an increase from National Fuel Gas's previous quarterly dividend of $0.54. This represents a $2.22 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Tuesday, June 30th. National Fuel Gas's dividend payout ratio is presently 30.04%.
Analyst Upgrades and Downgrades
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NFG has been the subject of a number of analyst reports. KeyCorp assumed coverage on shares of National Fuel Gas in a report on Tuesday, April 7th. They set an "overweight" rating and a $110.00 target price for the company. Weiss Ratings cut National Fuel Gas from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, National Fuel Gas presently has a consensus rating of "Moderate Buy" and an average target price of $105.50.
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Hedge Funds Weigh In On National Fuel Gas
Hedge funds and other institutional investors have recently made changes to their positions in the company. Kovitz Investment Group Partners LLC acquired a new stake in National Fuel Gas during the 4th quarter worth $1,986,000. Invesco Ltd. lifted its holdings in National Fuel Gas by 12.7% during the fourth quarter. Invesco Ltd. now owns 1,258,605 shares of the oil and gas producer's stock worth $100,764,000 after acquiring an additional 141,553 shares in the last quarter. Corient Private Wealth LLC grew its stake in National Fuel Gas by 223.7% in the fourth quarter. Corient Private Wealth LLC now owns 40,395 shares of the oil and gas producer's stock valued at $3,234,000 after acquiring an additional 27,915 shares during the period. EP Wealth Advisors LLC acquired a new position in National Fuel Gas in the fourth quarter valued at about $529,000. Finally, NewEdge Advisors LLC grew its stake in National Fuel Gas by 1.7% in the fourth quarter. NewEdge Advisors LLC now owns 43,852 shares of the oil and gas producer's stock valued at $3,511,000 after acquiring an additional 744 shares during the period. 73.96% of the stock is owned by institutional investors.
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.
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