Caprock Group LLC Invests $558,000 in National Fuel Gas Company $NFG

Caprock Group LLC acquired a new stake in shares of National Fuel Gas Company (NYSE:NFG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,428 shares of the oil and gas producer’s stock, valued at approximately $558,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NFG. Krilogy Financial LLC purchased a new stake in National Fuel Gas during the 3rd quarter valued at $353,000. Advisors Asset Management Inc. grew its holdings in shares of National Fuel Gas by 7.9% in the third quarter. Advisors Asset Management Inc. now owns 57,164 shares of the oil and gas producer’s stock worth $5,280,000 after acquiring an additional 4,176 shares during the period. Versor Investments LP purchased a new stake in National Fuel Gas during the third quarter valued at $1,025,000. Oppenheimer & Co. Inc. purchased a new stake in National Fuel Gas during the third quarter valued at $3,088,000. Finally, Linden Thomas Advisory Services LLC lifted its holdings in National Fuel Gas by 3.4% in the third quarter. Linden Thomas Advisory Services LLC now owns 19,300 shares of the oil and gas producer’s stock valued at $1,783,000 after acquiring an additional 633 shares during the period. Hedge funds and other institutional investors own 73.96% of the company’s stock.

National Fuel Gas Trading Down 0.3%

Shares of NYSE:NFG opened at $87.07 on Wednesday. The stock has a 50 day moving average of $82.30 and a 200 day moving average of $84.02. The company has a market cap of $8.27 billion, a PE ratio of 12.14, a price-to-earnings-growth ratio of 1.10 and a beta of 0.60. National Fuel Gas Company has a 12-month low of $69.93 and a 12-month high of $94.13. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58.

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

National Fuel Gas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.535 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.14 annualized dividend and a yield of 2.5%. National Fuel Gas’s dividend payout ratio is currently 29.85%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NFG. Zacks Research downgraded National Fuel Gas from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 21st. Weiss Ratings restated a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Finally, Scotiabank set a $101.00 price target on shares of National Fuel Gas in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $96.33.

National Fuel Gas Company Profile

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.