National Fuel Gas (NYSE:NFG) Releases Quarterly Earnings Results, Beats Estimates By $0.10 EPS

National Fuel Gas (NYSE:NFG) posted its earnings results on Wednesday. The oil and gas producer reported $1.54 earnings per share (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.

National Fuel Gas Stock Down 0.4%

NFG stock traded down $0.30 during midday trading on Wednesday, hitting $81.09. The company’s stock had a trading volume of 1,130,694 shares, compared to its average volume of 788,028. The company’s fifty day moving average price is $78.74 and its 200 day moving average price is $84.48. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.62 and a quick ratio of 0.55. National Fuel Gas has a twelve month low of $75.17 and a twelve month high of $97.06. The stock has a market capitalization of $7.71 billion, a P/E ratio of 10.97, a PEG ratio of 1.76 and a beta of 0.37.

National Fuel Gas Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, June 30th. This is an increase from National Fuel Gas’s previous quarterly dividend of $0.54. National Fuel Gas’s dividend payout ratio (DPR) is presently 30.04%.

Hedge Funds Weigh In On National Fuel Gas

Several hedge funds have recently modified their holdings of the stock. State Street Corp raised its holdings in National Fuel Gas by 3.4% during the second 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 in the last quarter. AQR Capital Management LLC raised its position in National Fuel Gas by 103.4% during 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 acquiring an additional 1,087,067 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in National Fuel Gas by 653.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,582,782 shares of the oil and gas producer’s stock valued at $126,718,000 after acquiring an additional 1,372,742 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of National Fuel Gas by 76.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,260,532 shares of the oil and gas producer’s stock valued at $100,918,000 after acquiring an additional 546,337 shares during the period. Finally, Invesco Ltd. grew its position in shares of National Fuel Gas by 12.7% in the 4th quarter. Invesco Ltd. now owns 1,258,605 shares of the oil and gas producer’s stock valued at $100,764,000 after acquiring an additional 141,553 shares during the period. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NFG. Weiss Ratings lowered shares of National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. KeyCorp started coverage on shares of National Fuel Gas in a research report on Tuesday, April 7th. They set an “overweight” rating and a $110.00 price objective for the company. One investment 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. Based on data from MarketBeat, National Fuel Gas currently has an average rating of “Moderate Buy” and a consensus price target of $105.50.

National Fuel Gas Company Profile

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.