Skip to main content
    N

    National Fuel Gas Company (NFG)

    Official site

    ENERGY • OIL & GAS INTEGRATED • NYSE

    $78.42
    -0.78 (-0.98%)

    Market Cap: $7.53B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    82%(32/39)
    Avg Surprise
    +6.29%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$1.08
    Range$0.86 - $1.31
    5 analysts
    Revenue Consensus
    $474M
    Range$423M - $502M
    4 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.13
    Range$2.03 - $2.32
    4 analysts
    EPS Revisions
    2
    0
    7d
    2
    2
    30d
    EPS Estimate DriftChange to current
    90d ago$2.13-0.4%
    60d ago$2.13-0.2%
    30d ago$2.16-1.4%
    7d ago$2.13-0.4%
    Current$2.13
    Revenue Consensus
    $812M
    Range$723M - $947M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$2.13---
    Sep 26EST
    -$1.08---
    Jun 26
    Reported Jul 29
    $1.54$1.47+4.76%Beat-6.1%
    Mar 26
    Reported Apr 29
    $2.71$2.84-4.58%Miss+13.4%
    Dec 25
    Reported Jan 28
    $2.06$1.92+7.29%Beat+24.1%
    Sep 25
    Reported Nov 5
    $1.22$1.08+12.96%Beat+58.4%
    Jun 25
    Reported Jul 30
    $1.64$1.54+6.49%Beat+65.7%
    Mar 25
    Reported Apr 30
    $2.39$2.21+8.14%Beat+33.5%
    Dec 24
    Reported Jan 29
    $1.66$1.56+6.41%Beat+13.7%
    Sep 24
    Reported Nov 6
    $0.77$0.82-6.10%Miss-1.3%
    Jun 24
    Reported Jul 31
    $0.99$0.98+1.02%Beat-2.0%
    Mar 24
    Reported May 1
    $1.79$1.46+22.60%Beat+16.2%
    Dec 23
    Reported Feb 7
    $1.46$1.34+8.96%Beat-20.7%
    Sep 23
    Reported Nov 1
    $0.78$0.85-8.24%Miss-34.5%
    Jun 23
    Reported Aug 2
    $1.01$0.92+9.78%Beat-34.4%
    Mar 23
    Reported May 3
    $1.54$1.55-0.65%Miss-8.3%
    Dec 22
    Reported Feb 2
    $1.84$1.69+8.88%Beat+24.3%
    Sep 22
    Reported Nov 3
    $1.19$1.23-3.25%Miss+25.3%
    Jun 22
    Reported Aug 4
    $1.54$1.43+7.69%Beat+65.6%
    Mar 22
    Reported May 5
    $1.68$1.62+3.70%Beat+25.4%
    Dec 21
    Reported Feb 3
    $1.48$1.33+11.28%Beat+39.6%
    Sep 21
    Reported Nov 4
    $0.95$0.75+26.67%Beat+137.5%
    Jun 21
    Reported Aug 5
    $0.93$0.82+13.41%Beat+63.2%
    Mar 21
    Reported May 6
    $1.34$1.20+11.67%Beat+38.1%
    Dec 20
    Reported Feb 4
    $1.06$1.05+0.95%Beat+5.0%
    Sep 20
    Reported Nov 5
    $0.40$0.34+17.65%Beat-25.9%
    Jun 20
    Reported Aug 6
    $0.57$0.51+11.76%Beat-19.7%
    Mar 20
    Reported Apr 30
    $0.97$0.96+1.04%Beat-9.3%
    Dec 19
    Reported Jan 30
    $1.01$0.98+3.06%Beat-9.8%
    Sep 19
    Reported Oct 31
    $0.54$0.53+1.89%Beat+10.2%
    Jun 19
    Reported Aug 1
    $0.71$0.66+7.58%Beat-2.7%
    Mar 19
    Reported May 2
    $1.07$1.14-6.14%Miss-3.6%
    Dec 18
    Reported Jan 31
    $1.12$1.06+5.66%Beat+9.8%
    Sep 18
    Reported Nov 1
    $0.49$0.53-7.55%Miss-7.5%
    Jun 18
    Reported Aug 2
    $0.73$0.65+12.31%Beat+5.8%
    Mar 18
    Reported May 3
    $1.11$1.05+5.71%Beat+6.7%
    Dec 17
    Reported Feb 1
    $1.02$0.85+20.00%Beat-1.9%
    Sep 17
    Reported Nov 2
    $0.53$0.52+1.92%Beat-
    Jun 17
    Reported Aug 3
    $0.69$0.69+0.00%Beat-
    Mar 17
    Reported May 4
    $1.04$1.03+0.97%Beat-
    Dec 16
    Reported Feb 2
    $1.04$0.87+19.54%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.83%
    Forward Annual Dividend$2.22
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct

    Growth

    3Y CAGR+4.09%
    5Y CAGR+3.67%

    Key Metrics

    Valuation
    P/E Ratio10.41EV/EBITDAN/A
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin26.90%Operating Margin40.10%
    ROE19.60%ROICN/A
    Financial Health
    Debt/Equity0.91xInterest Coverage1.63x
    Current Ratio3.20xQuick Ratio3.07x
    Trading Statistics
    Beta0.41Avg Volume1.09M
    52-Week High$95.3452-Week Low$74.10

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$78.41
    SMA 20$78.20
    SMA 50$80.30
    SMA 200$82.62
    EMA 10$78.73
    EMA 20$78.79
    EMA 50$79.54
    EMA 200$81.33

    MACD

    Line: -0.30Signal: -0.64Hist: 0.34

    ADX

    ADX: 18.8+DI: 17.2-DI: 20.6

    Aroon & PSAR

    Aroon Up16.0
    Aroon Down60.0
    PSAR$76.61

    Bollinger Bands

    Upper Band$81.08
    Lower Band$75.33
    %B Position736%(Upper)
    Band Width0.54

    RSI (14-Day)

    Neutral
    47.3

    Momentum Oscillators

    Stoch %K72.1
    Stoch %D78.4
    Williams %R-46.2
    ROC (10d)2.8%
    Momentum2.16
    CCI (20d)46.2
    MFI (14d)43.0

    Volatility Measures

    ATR (14d)$1.84(2.3%)
    StdDev (20d)1.44
    Hist Vol20.0%(Low)

    Volume Flow

    VWAP$79.19
    OBV-15.7M
    AD Line-286.1M
    CMF (20d)-0.370

    Volume Metrics

    Avg Vol (20d)1.1M
    Vol Ratio1.3x
    VWMA (20d)$78.38

    Pivot Points

    R3$84.29
    R2$82.71
    R1$80.95
    Pivot Point$79.37
    S1$77.61
    S2$76.03
    S3$74.27

    Advanced Oscillators

    TSI-6.35
    Ultimate Osc40.1
    KST-34.18

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$537.50M$858.37M$651.51M$456.41M$531.83M$729.95M$549.48M$372.07M$417.44M$629.94M$525.36M$368.95M
    Cost of Revenue$185.02M$366.63M$228.59M$134.17M$160.99M$276.21M$190.06M$119.14M$133.53M$237.36M$180.04M$113.34M
    Gross Profit$352.48M$491.74M$422.91M$322.23M$370.84M$453.74M$359.42M$252.93M$283.91M$392.58M$345.32M$255.60M
    Operating Expenses$143.54M$144.60M$146.79M$142.47M$140.59M$136.49M$273.23M$449.50M$335.35M$141.95M$138.21M$130.30M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating Income$208.94M$347.13M$276.12M$179.76M$230.25M$317.25M$86.19M$-196,569,000$-51,440,000$250.62M$207.11M$125.30M
    Interest Income$0$0$0$35.45M$0$0$0$0$0$0$0$0
    Interest Expense$36.01M$33.73M$43.37M$35.45M$37.89M$44.76M$37.74M$34.65M$34.22M$35.09M$34.73M$32.90M
    Income Before Tax$184.79M$330.40M$240.98M$149.26M$200.90M$287.73M$56.17M$-227,987,000$-82,469,000$221.60M$176.11M$97.79M
    Income Tax Expense$46.17M$82.73M$59.34M$41.92M$51.08M$71.37M$11.18M$-60,366,000$-28,311,000$55.33M$43.09M$24.11M
    Net Income$138.62M$247.67M$181.65M$107.34M$149.82M$216.36M$44.99M$-167,621,000$-54,158,000$166.27M$133.02M$73.68M
    EBITDA$341.86M$483.47M$406.38M$304.25M$355.19M$443.76M$203.28M$-84,486,000$65.20M$375.63M$326.63M$240.29M
    EBIT$220.81M$364.14M$284.36M$184.71M$238.79M$332.48M$93.91M$-193,333,000$-48,252,000$256.69M$210.84M$130.69M
    * Some calculated fields are derived from available data when not provided by source

    Related GNG Research

    No research available

    Be the first to write about NFG

    Government Contracts

    Gov Obligations (TTM)
    $130609
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    2
    New Awards (TTM)
    1
    Avg Remaining Term
    1.9 mo

    Top agency: Department of Justice at 100.0% of trailing twelve month obligations across 1 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15B20926P00000020Department of JusticeFederal Prison System / Bureau of Prisons$143785Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    NFG Valuation and Fair Value

    P/E
    10.4x
    Forward P/E
    9.8x
    PEG
    1.6x
    P/B
    1.9x
    See GNG's fair value

    NFG Profitability: Margins, ROIC and FCF

    Operating margin
    40.1%
    Net margin
    26.9%
    ROE
    19.6%

    NFG Analyst Ratings

    Consensus
    Hold
    Analysts
    4
    Strong Buy
    0
    Buy
    2
    Hold
    2
    Sell
    0
    Strong Sell
    0

    NFG Bull Case vs Bear Case

    Bull case

    • NFG has a 26.9% net profit margin.
    • NFG beat EPS estimates in 75.0% of its last 8 reported quarters.

    NFG Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    4.4%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $1.08

    NFG Dividend

    Forward yield
    2.8%
    3Y DPS growth
    4.1%
    5Y DPS growth
    3.7%
    Pay months
    Jan, Apr, Jul, Oct
    NFG dividend history

    Frequently Asked Questions About NFG

    What is NFG's current dividend yield?

    National Fuel Gas Company (NFG) has a forward dividend yield of 2.83%.

    Does NFG pay dividends?

    Yes, National Fuel Gas Company pays dividends with a forward dividend yield of 2.83%.

    What is NFG's P/E ratio?

    National Fuel Gas Company has a price-to-earnings (P/E) ratio of 10.41.

    What is NFG's market cap?

    National Fuel Gas Company (NFG) has a market capitalization of $7.53B with a current stock price of $78.42.

    Get full access to GNG Research

    Create a free account to access portfolio tracking, advanced tools, and more.