National Fuel Gas (NYSE:NFG) Hits New 12-Month High – Time to Buy?

National Fuel Gas Company (NYSE:NFG) shares hit a new 52-week high during trading on Thursday . The company traded as high as $94.43 and last traded at $94.0910, with a volume of 158590 shares traded. The stock had previously closed at $92.41.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NFG shares. Zacks Research raised National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday. Scotiabank set a $101.00 price target on shares of National Fuel Gas in a report on Wednesday, January 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $96.33.

National Fuel Gas Trading Up 1.7%

The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. The firm has a market cap of $8.93 billion, a price-to-earnings ratio of 13.11, a PEG ratio of 1.17 and a beta of 0.57. The company has a fifty day moving average price of $85.14 and a 200-day moving average price of $84.42.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, topping the consensus estimate of $1.91 by $0.15. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The firm had revenue of $651.51 million for the quarter, compared to analyst estimates of $650.70 million. During the same period last year, the company earned $1.66 earnings per share. National Fuel Gas’s revenue for the quarter was up 18.6% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. As a group, research analysts expect that National Fuel Gas Company will post 6.64 EPS for the current year.

Institutional Trading of National Fuel Gas

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in National Fuel Gas in the third quarter valued at $29,000. Fairscale Capital LLC acquired a new stake in shares of National Fuel Gas during the 4th quarter valued at about $29,000. HM Payson & Co. purchased a new position in shares of National Fuel Gas in the 4th quarter valued at about $29,000. Richardson Financial Services Inc. raised its holdings in National Fuel Gas by 88.5% in the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 169 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in National Fuel Gas by 105.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 423 shares of the oil and gas producer’s stock worth $39,000 after purchasing an additional 217 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

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.