National Fuel Gas (NYSE:NFG) Rating Lowered to Sell at Wall Street Zen

National Fuel Gas (NYSE:NFG) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

NFG has been the subject of a number of other research reports. Weiss Ratings cut shares of National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. KeyCorp initiated coverage on shares of National Fuel Gas in a research note on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.50.

National Fuel Gas Trading Down 0.1%

Shares of NYSE:NFG opened at $82.23 on Friday. The business’s 50 day moving average price is $78.77 and its 200-day moving average price is $84.56. National Fuel Gas has a 1 year low of $75.17 and a 1 year high of $97.06. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 11.42, a price-to-earnings-growth ratio of 1.83 and a beta of 0.37. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.20 and a quick ratio of 3.07.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Wednesday, July 29th. The oil and gas producer reported $1.54 EPS for the quarter, topping the consensus estimate of $1.44 by $0.10. The company had revenue of $537.50 million during the quarter, compared to analyst estimates of $564.33 million. National Fuel Gas had a net margin of 26.97% and a return on equity of 19.04%. The firm’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.64 EPS. National Fuel Gas has set its FY 2026 guidance at 7.400-7.600 EPS. On average, equities research analysts forecast that National Fuel Gas will post 7.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On National Fuel Gas

Hedge funds and other institutional investors have recently modified their holdings of the business. Phocas Financial Corp. acquired a new position in shares of National Fuel Gas during the 4th quarter worth approximately $7,086,000. Oppenheimer & Co. Inc. grew its position in shares of National Fuel Gas by 84.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 61,728 shares of the oil and gas producer’s stock valued at $4,942,000 after purchasing an additional 28,293 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of National Fuel Gas in the first quarter valued at approximately $63,863,000. Allspring Global Investments Holdings LLC increased its holdings in shares of National Fuel Gas by 8.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 315,753 shares of the oil and gas producer’s stock valued at $25,911,000 after purchasing an additional 24,988 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its position in National Fuel Gas by 9.1% during the first quarter. Principal Financial Group Inc. now owns 212,091 shares of the oil and gas producer’s stock worth $19,928,000 after buying an additional 17,713 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

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.