Q4 Earnings Estimate for National Fuel Gas Issued By KeyCorp

National Fuel Gas Company (NYSE:NFG) – KeyCorp reduced their Q4 2027 earnings per share (EPS) estimates for National Fuel Gas in a report released on Wednesday, June 3rd. KeyCorp analyst T. Rezvan now anticipates that the oil and gas producer will post earnings of $1.08 per share for the quarter, down from their previous forecast of $1.43. KeyCorp currently has a “Strong-Buy” rating on the stock. The consensus estimate for National Fuel Gas’ current full-year earnings is $7.59 per share.

A number of other equities analysts also recently commented on NFG. Zacks Research upgraded shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Weiss Ratings upgraded shares of National Fuel Gas from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $106.00.

National Fuel Gas Stock Performance

NFG stock opened at $77.46 on Monday. The company has a market capitalization of $7.36 billion, a P/E ratio of 10.48, a PEG ratio of 1.70 and a beta of 0.37. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.62 and a quick ratio of 0.55. The business has a 50-day moving average price of $85.81 and a 200 day moving average price of $85.17. National Fuel Gas has a 1-year low of $75.85 and a 1-year high of $97.06.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Thursday, April 30th. The oil and gas producer reported $2.71 earnings per share for the quarter, missing the consensus estimate of $2.85 by ($0.14). The firm had revenue of $858.37 million during the quarter, compared to the consensus estimate of $856.57 million. National Fuel Gas had a net margin of 27.48% and a return on equity of 20.62%. The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.39 earnings per share.

Hedge Funds Weigh In On National Fuel Gas

A number of large investors have recently added to or reduced their stakes in the company. DV Trading LLC bought a new position in National Fuel Gas in the first quarter worth about $244,000. Parallel Advisors LLC grew its stake in shares of National Fuel Gas by 14.2% during the first quarter. Parallel Advisors LLC now owns 5,238 shares of the oil and gas producer’s stock worth $492,000 after acquiring an additional 653 shares during the last quarter. WNY Asset Management LLC purchased a new stake in shares of National Fuel Gas during the first quarter worth about $2,966,000. Bank of America Corp DE grew its stake in shares of National Fuel Gas by 12.7% during the first quarter. Bank of America Corp DE now owns 701,453 shares of the oil and gas producer’s stock worth $65,908,000 after acquiring an additional 79,136 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of National Fuel Gas by 7.6% during the first quarter. Janus Henderson Group PLC now owns 41,034 shares of the oil and gas producer’s stock worth $3,857,000 after acquiring an additional 2,900 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

National Fuel Gas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.535 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.8%. National Fuel Gas’s payout ratio is currently 28.96%.

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.