National Fuel Gas (NFG) Scheduled to Post Quarterly Earnings on Wednesday

National Fuel Gas (NYSE:NFG) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect National Fuel Gas to post earnings of $0.84 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

National Fuel Gas Trading Up 0.6 %

NYSE NFG opened at $59.80 on Tuesday. National Fuel Gas has a one year low of $45.32 and a one year high of $63.54. The business’s fifty day moving average is $60.50 and its 200-day moving average is $57.73. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 17.33 and a beta of 0.62. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.77 and a quick ratio of 0.65.

National Fuel Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.515 dividend. The ex-dividend date was Monday, September 30th. This represents a $2.06 annualized dividend and a dividend yield of 3.44%. National Fuel Gas’s payout ratio is 59.71%.

Insider Transactions at National Fuel Gas

In other news, General Counsel Michael W. Reville sold 1,700 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $60.77, for a total value of $103,309.00. Following the completion of the transaction, the general counsel now directly owns 8,203 shares of the company’s stock, valued at $498,496.31. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.55% of the company’s stock.

Wall Street Analysts Forecast Growth

NFG has been the subject of several analyst reports. StockNews.com downgraded shares of National Fuel Gas from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. JPMorgan Chase & Co. cut their price target on National Fuel Gas from $64.00 to $62.00 and set a “neutral” rating for the company in a report on Thursday, September 12th. Scotiabank raised their price target on National Fuel Gas from $80.00 to $81.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 20th. Finally, Bank of America began coverage on National Fuel Gas in a report on Monday, October 28th. They issued an “underperform” rating and a $62.00 price target for the company.

About National Fuel Gas

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.