National Fuel Gas (NYSE:NFG) Issues Earnings Results, Beats Estimates By $0.22 EPS

National Fuel Gas (NYSE:NFG) posted its quarterly earnings results on Wednesday. The oil and gas producer reported $1.66 EPS for the quarter, beating the consensus estimate of $1.44 by $0.22, Zacks reports. National Fuel Gas had a negative net margin of 0.53% and a positive return on equity of 15.52%. During the same period last year, the business earned $1.46 EPS. National Fuel Gas updated its FY 2025 guidance to 6.500-7.000 EPS.

National Fuel Gas Price Performance

Shares of NYSE:NFG traded down $0.14 during midday trading on Friday, reaching $70.19. 113,515 shares of the company’s stock traded hands, compared to its average volume of 634,472. The company has a fifty day simple moving average of $63.36 and a two-hundred day simple moving average of $61.10. National Fuel Gas has a 1 year low of $45.32 and a 1 year high of $73.13. The company has a market cap of $6.36 billion, a P/E ratio of -501.06 and a beta of 0.64. 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 Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

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

National Fuel Gas Company Profile

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.