National Fuel Gas (NYSE:NFG) Posts Quarterly Earnings Results, Beats Expectations By $0.22 EPS

National Fuel Gas (NYSE:NFGGet Free Report) announced its quarterly earnings data on Wednesday. The oil and gas producer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.22, Zacks reports. National Fuel Gas had a positive return on equity of 15.52% and a negative net margin of 0.53%. During the same quarter in the prior year, the business earned $1.46 EPS. National Fuel Gas updated its FY 2025 guidance to 6.500-7.000 EPS.

National Fuel Gas Trading Down 0.2 %

Shares of National Fuel Gas stock traded down $0.14 on Friday, reaching $70.19. The company had a trading volume of 113,515 shares, compared to its average volume of 634,472. The firm’s 50 day moving average price is $63.36 and its two-hundred day moving average price is $61.10. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.25 and a current ratio of 0.32. National Fuel Gas has a 52-week low of $45.32 and a 52-week high of $73.13. The firm has a market cap of $6.36 billion, a PE ratio of -501.06 and a beta of 0.64.

National Fuel Gas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date was Tuesday, December 31st. National Fuel Gas’s dividend payout ratio is presently -1,471.32%.

Analyst Ratings Changes

Several research firms have recently commented on NFG. StockNews.com lowered National Fuel Gas from a “hold” rating to a “sell” rating in a report on Monday. Bank of America assumed coverage on shares of National Fuel Gas in a research note on Monday, October 28th. They set an “underperform” rating and a $62.00 target price on the stock. JPMorgan Chase & Co. cut their price target on shares of National Fuel Gas from $65.00 to $64.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. Finally, Argus raised shares of National Fuel Gas to a “strong-buy” rating in a research report on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $69.00.

Get Our Latest Analysis on National Fuel Gas

Insider Buying and Selling

In other news, insider Donna L. Decarolis sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $62.58, for a total value of $625,800.00. Following the completion of the transaction, the insider now owns 81,519 shares of the company’s stock, valued at approximately $5,101,459.02. This trade represents a 10.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Justin I. Loweth sold 19,532 shares of National Fuel Gas stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $62.27, for a total transaction of $1,216,257.64. Following the completion of the transaction, the insider now owns 41,841 shares of the company’s stock, valued at $2,605,439.07. This trade represents a 31.83 % decrease in their position. The disclosure for this sale can be found here. 1.55% of the stock is currently owned by corporate insiders.

About National Fuel Gas

(Get Free Report)

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.

Further Reading

Earnings History for National Fuel Gas (NYSE:NFG)

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