National Fuel Gas Co. (NYSE:NFG) – Investment analysts at US Capital Advisors dropped their Q2 2018 earnings estimates for National Fuel Gas in a report released on Friday, April 6th. US Capital Advisors analyst B. Followill now expects that the oil and gas producer will post earnings per share of $1.03 for the quarter, down from their previous forecast of $1.05. US Capital Advisors also issued estimates for National Fuel Gas’ Q3 2018 earnings at $0.71 EPS and FY2018 earnings at $3.26 EPS.
National Fuel Gas (NYSE:NFG) last issued its earnings results on Thursday, February 1st. The oil and gas producer reported $1.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.21. The business had revenue of $419.66 million during the quarter, compared to the consensus estimate of $453.61 million. National Fuel Gas had a return on equity of 16.36% and a net margin of 24.93%. The firm’s revenue for the quarter was down .7% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 earnings per share.
Shares of NFG stock opened at $50.28 on Monday. The company has a market capitalization of $4,314.12, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 4.89 and a beta of 0.88. The company has a quick ratio of 1.27, a current ratio of 1.43 and a debt-to-equity ratio of 1.12. National Fuel Gas has a fifty-two week low of $48.31 and a fifty-two week high of $61.20.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be paid a $0.415 dividend. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $1.66 dividend on an annualized basis and a yield of 3.30%. National Fuel Gas’s dividend payout ratio (DPR) is presently 50.30%.
Large investors have recently made changes to their positions in the stock. MHI Funds LLC purchased a new position in shares of National Fuel Gas during the fourth quarter valued at approximately $113,000. Captrust Financial Advisors purchased a new position in shares of National Fuel Gas during the fourth quarter valued at approximately $126,000. Brown Advisory Inc. purchased a new position in shares of National Fuel Gas during the third quarter valued at approximately $208,000. Quadrature Capital Ltd purchased a new position in shares of National Fuel Gas during the fourth quarter valued at approximately $210,000. Finally, Taylor Hoffman Wealth Management purchased a new position in shares of National Fuel Gas during the fourth quarter valued at approximately $221,000. 71.56% of the stock is currently owned by institutional investors.
National Fuel Gas Company Profile
National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.
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