National Fuel Gas (NYSE:NFG) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS

National Fuel Gas (NYSE:NFG) announced its quarterly earnings results on Wednesday. The oil and gas producer reported $2.71 earnings per share for the quarter, missing the consensus estimate of $2.85 by ($0.14), Zacks reports. National Fuel Gas had a net margin of 27.48% and a return on equity of 21.59%. The business had revenue of $858.37 million during the quarter, compared to analysts’ expectations of $856.57 million. During the same quarter in the prior year, the firm earned $2.39 EPS. National Fuel Gas’s revenue for the quarter was up 17.6% on a year-over-year basis. National Fuel Gas updated its FY 2026 guidance to 7.450-7.750 EPS.

National Fuel Gas Price Performance

NFG stock traded down $0.97 during trading on Friday, hitting $83.42. The stock had a trading volume of 767,180 shares, compared to its average volume of 799,879. The stock has a market capitalization of $7.93 billion, a P/E ratio of 11.29, a PEG ratio of 1.23 and a beta of 0.52. The company’s 50-day moving average price is $91.69 and its two-hundred day moving average price is $85.37. National Fuel Gas has a twelve month low of $77.22 and a twelve month high of $97.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.65 and a quick ratio of 0.59.

National Fuel Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, March 31st. National Fuel Gas’s payout ratio is presently 29.85%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NFG. Zacks Research upgraded National Fuel Gas from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. KeyCorp assumed coverage on National Fuel Gas in a report on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 price objective on the stock. Finally, Scotiabank set a $101.00 price objective on National Fuel Gas in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $106.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC acquired a new position in National Fuel Gas in the fourth quarter valued at approximately $1,986,000. Invesco Ltd. lifted its holdings in National Fuel Gas by 12.7% in the fourth quarter. Invesco Ltd. now owns 1,258,605 shares of the oil and gas producer’s stock valued at $100,764,000 after acquiring an additional 141,553 shares during the last quarter. Corient Private Wealth LLC lifted its holdings in National Fuel Gas by 223.7% in the fourth quarter. Corient Private Wealth LLC now owns 40,395 shares of the oil and gas producer’s stock valued at $3,234,000 after acquiring an additional 27,915 shares during the last quarter. EP Wealth Advisors LLC acquired a new position in National Fuel Gas in the fourth quarter valued at approximately $529,000. Finally, NewEdge Advisors LLC lifted its holdings in National Fuel Gas by 1.7% in the fourth quarter. NewEdge Advisors LLC now owns 43,852 shares of the oil and gas producer’s stock valued at $3,511,000 after acquiring an additional 744 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

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.