National Fuel Gas (NYSE:NFG) Issues Quarterly Earnings Results

National Fuel Gas (NYSE:NFG) announced its earnings results on Wednesday. The oil and gas producer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.22, Zacks reports. National Fuel Gas had a return on equity of 14.88% and a net margin of 3.99%. National Fuel Gas updated its FY 2025 guidance to 6.500-7.000 EPS.

National Fuel Gas Trading Up 0.4 %

Shares of NFG stock traded up $0.28 on Wednesday, reaching $68.32. 796,677 shares of the company’s stock were exchanged, compared to its average volume of 621,265. National Fuel Gas has a 52 week low of $45.32 and a 52 week high of $70.12. The company has a current ratio of 0.32, a quick ratio of 0.25 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $6.20 billion, a PE ratio of 84.34, a P/E/G ratio of 1.02 and a beta of 0.64. The company’s fifty day simple moving average is $63.09 and its 200 day simple moving average is $60.98.

National Fuel Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date was Tuesday, December 31st. National Fuel Gas’s dividend payout ratio is currently 254.32%.

Insider Buying and Selling

In other National Fuel Gas news, insider Justin I. Loweth sold 19,532 shares of National Fuel Gas stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $62.27, for a total transaction of $1,216,257.64. Following the completion of the sale, the insider now directly owns 41,841 shares of the company’s stock, valued at $2,605,439.07. The trade was a 31.83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Donna L. Decarolis sold 10,000 shares of National Fuel Gas stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $62.58, for a total value of $625,800.00. Following the sale, the insider now directly owns 81,519 shares of the company’s stock, valued at approximately $5,101,459.02. This trade represents a 10.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.55% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on NFG. StockNews.com cut National Fuel Gas from a “hold” rating to a “sell” rating in a report on Monday. Argus upgraded National Fuel Gas to a “strong-buy” rating in a report on Tuesday, November 19th. Bank of America began coverage on National Fuel Gas in a report on Monday, October 28th. They issued an “underperform” rating and a $62.00 target price for the company. Finally, JPMorgan Chase & Co. dropped their target price on National Fuel Gas from $65.00 to $64.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $69.00.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.