National Fuel Gas (NFG) Set to Announce Quarterly Earnings on Wednesday

National Fuel Gas (NYSE:NFG) will be issuing its quarterly earnings data after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $1.47 per share for the quarter. Investors interested in participating in the company’s earnings conference call can do so using this link.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Thursday, February 8th. The oil and gas producer reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.14. National Fuel Gas had a net margin of 21.58% and a return on equity of 14.81%. The business had revenue of $525.36 million for the quarter, compared to analyst estimates of $664.57 million. During the same period last year, the firm earned $1.84 earnings per share. National Fuel Gas’s revenue for the quarter was down 20.3% compared to the same quarter last year. On average, analysts expect National Fuel Gas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

National Fuel Gas Stock Performance

Shares of NYSE:NFG opened at $53.92 on Tuesday. National Fuel Gas has a 12-month low of $45.32 and a 12-month high of $56.12. The company’s 50 day moving average price is $51.90 and its two-hundred day moving average price is $50.85. The firm has a market cap of $4.97 billion, a PE ratio of 11.30 and a beta of 0.63. The company has a quick ratio of 0.47, a current ratio of 0.56 and a debt-to-equity ratio of 0.75.

National Fuel Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.495 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.98 dividend on an annualized basis and a yield of 3.67%. National Fuel Gas’s dividend payout ratio (DPR) is presently 41.51%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Scotiabank boosted their price target on National Fuel Gas from $67.00 to $72.00 and gave the company a “sector outperform” rating in a research note on Thursday, April 11th. StockNews.com upgraded National Fuel Gas from a “sell” rating to a “hold” rating in a research note on Wednesday, March 20th.

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.