Research Analysts Issue Forecasts for NFG Q2 Earnings

National Fuel Gas Company (NYSE:NFG) – Analysts at KeyCorp issued their Q2 2026 EPS estimates for National Fuel Gas in a research report issued on Monday, April 6th. KeyCorp analyst T. Rezvan forecasts that the oil and gas producer will earn $2.90 per share for the quarter. KeyCorp has a “Strong-Buy” rating on the stock. The consensus estimate for National Fuel Gas’ current full-year earnings is $6.64 per share. KeyCorp also issued estimates for National Fuel Gas’ Q3 2026 earnings at $1.52 EPS, Q4 2026 earnings at $1.38 EPS, FY2026 earnings at $7.83 EPS, Q1 2027 earnings at $2.12 EPS, Q2 2027 earnings at $2.76 EPS, Q3 2027 earnings at $1.65 EPS, Q4 2027 earnings at $1.43 EPS and FY2027 earnings at $7.96 EPS.

NFG has been the topic of a number of other reports. Zacks Research raised shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Finally, Scotiabank set a $101.00 price target on shares of National Fuel Gas in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

National Fuel Gas Price Performance

NYSE NFG opened at $95.72 on Thursday. National Fuel Gas has a 52 week low of $70.93 and a 52 week high of $97.06. The company has a market cap of $9.10 billion, a PE ratio of 13.35, a price-to-earnings-growth ratio of 1.23 and a beta of 0.52. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.58. The firm’s 50-day simple moving average is $90.51 and its two-hundred day simple moving average is $85.45.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Thursday, January 29th. The oil and gas producer reported $2.06 EPS 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 was up 18.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 earnings per share.

Institutional Investors Weigh In On National Fuel Gas

A number of institutional investors and hedge funds have recently bought and sold shares of NFG. Price T Rowe Associates Inc. MD raised its stake in National Fuel Gas by 653.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,582,782 shares of the oil and gas producer’s stock valued at $126,718,000 after purchasing an additional 1,372,742 shares in the last quarter. Norges Bank purchased a new stake in National Fuel Gas in the fourth quarter valued at approximately $92,415,000. AQR Capital Management LLC raised its stake in National Fuel Gas by 103.4% in the third quarter. AQR Capital Management LLC now owns 2,138,153 shares of the oil and gas producer’s stock valued at $197,501,000 after purchasing an additional 1,087,067 shares in the last quarter. Yaupon Capital Management LP raised its stake in National Fuel Gas by 521.0% in the fourth quarter. Yaupon Capital Management LP now owns 1,105,979 shares of the oil and gas producer’s stock valued at $88,545,000 after purchasing an additional 927,873 shares in the last quarter. Finally, Aventail Capital Group LP raised its stake in National Fuel Gas by 148.3% in the fourth quarter. Aventail Capital Group LP now owns 1,090,380 shares of the oil and gas producer’s stock valued at $87,296,000 after purchasing an additional 651,238 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, March 31st. National Fuel Gas’s dividend payout ratio is presently 29.85%.

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.