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

National Fuel Gas (NYSE:NFG) posted its earnings results 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. The business had revenue of $537.50 million during the quarter, compared to the consensus estimate of $564.33 million. National Fuel Gas had a net margin of 26.97% and a return on equity of 19.61%. The firm’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.64 EPS. National Fuel Gas updated its FY 2026 guidance to 7.400-7.600 EPS.

National Fuel Gas Price Performance

NFG stock traded down $0.83 during mid-day trading on Friday, hitting $81.64. The company had a trading volume of 148,473 shares, compared to its average volume of 785,025. The company has a quick ratio of 0.55, a current ratio of 0.62 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $7.76 billion, a price-to-earnings ratio of 11.33, a P/E/G ratio of 1.76 and a beta of 0.37. National Fuel Gas has a 12-month low of $75.17 and a 12-month high of $97.06. The company has a 50-day moving average price of $78.75 and a 200 day moving average price of $84.53.

National Fuel Gas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.555 per share. This is a positive change from National Fuel Gas’s previous quarterly dividend of $0.54. This represents a $2.22 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 30th. National Fuel Gas’s dividend payout ratio (DPR) is currently 30.83%.

Institutional Investors Weigh In On National Fuel Gas

Several large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. raised its position in National Fuel Gas by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 159,953 shares of the oil and gas producer’s stock valued at $12,667,000 after purchasing an additional 36,913 shares during the period. Empowered Funds LLC bought a new stake in National Fuel Gas in the first quarter worth $247,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in National Fuel Gas by 3.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,730 shares of the oil and gas producer’s stock worth $17,480,000 after buying an additional 8,304 shares during the period. Focus Partners Wealth boosted its stake in National Fuel Gas by 79.5% during the first quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer’s stock worth $1,008,000 after buying an additional 5,638 shares during the period. Finally, Acadian Asset Management LLC bought a new position in National Fuel Gas during the first quarter valued at $138,000. Institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NFG. KeyCorp began coverage on 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. Weiss Ratings downgraded shares of National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $105.50.

About National Fuel Gas

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.