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NFG

National Fuel Gas Company

NFG

NYSE·Energy·Oil & Gas Integrated·Mkt cap $7.4B

$79.34

+2.37%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$75.17 - $97.06

P/E

10.65

Fwd P/E

10.68

Beta

0.39

Div Yield

2.79%

Avg Vol

798.6K

Shares Out

95.0M

Mkt Cap

$7.4B

Price action

Price chart

Down 7.7% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Integrated infrastructure spanning production through distribution
  • Strategic geographic positioning in high-demand Appalachian region
  • Substantial proved reserves of 3.7+ trillion cubic feet of natural gas
  • Established customer base of 753,000 utility clients providing recurring revenue

Bear Case

1 risk

  • Low volatility (beta 0.4).

Growth

Stable outlook

Rising natural gas demand for residential and industrial applications

Value

Attractively priced below sector peer average

Momentum

Weak

-17.9% over 3m

Quality

Strong

Excellent business quality

Dividend

Solid

2.79% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 29, 2026

Q2 26 RECAP

APR 29, 2026

Reported EPS of $2.71 vs $2.85 consensus (-4.9% surprise). Revenue of $858.4M vs $856.6M expected (+0.2%).

EPS miss
Rev beat +0.2%

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-4.9%

Next: Jul 29, 2026

Revenue trend · last 8Q

+27%

+23%

+19%

+18%

Q3 24

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

Q2 26

$417.4M

$372.1M

$549.5M

$730.0M

$531.8M

$456.4M

$651.5M

$858.4M

Margins · last 8Q

Gross

43.4%

Operating

40.4%

Profit

28.9%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

No analyst coverage on file for this stock yet.

vs Industry

How NFG stacks vs Oil & Gas Integrated

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.

Related

Peers & themes

Peers

No peer data available.

Themes

No themes assigned.