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 in California and in the Appalachian region of the United States. As of September 30, 2020, it had proved developed and undeveloped reserves of 22,100 thousand barrels of oil and 3,325,085 million cubic feet of natural gas. The Pipeline and Storage segment provides interstate natural gas transportation and storage services through an integrated gas pipeline systems in Pennsylvania and New York; and owns and operates 31 underground natural gas storage fields. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State; and owns and operates the Empire Pipeline. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca Resources Company, LLC. The Utility segment sells natural gas or provides natural gas transportation services to approximately 747,000 customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. The company markets gas to industrial, wholesale, commercial, public authority, and residential customers primarily in western and central New York, and northwestern Pennsylvania. As of September 30, 2020, the company also owned approximately 95,000 acres of timber property; and managed approximately 2,500 additional acres of timber cutting rights. National Fuel Gas Company was founded in 1902 and is headquartered in Williamsville, New York.
IPO Year:
Exchange: NYSE
Website: nationalfuel.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/28/2024 | $62.00 | Underperform | BofA Securities |
| 9/13/2023 | Sector Perform → Sector Outperform | Scotiabank | |
| 2/6/2023 | Outperform → Mkt Perform | Raymond James | |
| 1/17/2023 | $91.00 → $85.00 | Sector Outperform → Sector Perform | Scotiabank |
| 7/25/2022 | $89.00 | Sector Outperform | Scotiabank |
| 1/10/2022 | $66.00 | Underperform | BofA Securities |
| 10/26/2021 | $62.00 → $69.00 | Outperform | Raymond James |
| 7/27/2021 | $60.00 → $62.00 | Outperform | Raymond James |
SC 13G/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
SC 13G/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
SC 13D/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
SC 13G/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
SC 13G/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
SC 13G/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
SC 13G/A - NATIONAL FUEL GAS CO (0000070145) (Subject)
WILLIAMSVILLE, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE:NFG) (the "Company") announced today the preliminary results of the stockholder vote on four management proposals as presented during the Annual Meeting of Stockholders, which was held March 8, 2024. All were approved, including the election of David H. Anderson, David P. Bauer, Barbara M. Bauman, David C. Carroll, Steven C. Finch, Joseph N. Jaggers, Rebecca Ranich, Jeffrey W. Shaw, Thomas E. Skains, David F. Smith and Ronald J. Tanski as directors for one-year terms expiring in 2025; the advisory vote on named executive officer compensation; the amended and restated equity compensation plan; and the ra
WILLIAMSVILLE, N.Y., March 09, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of National Fuel Gas Company (NYSE:NFG) today approved payment of a regular quarterly dividend of 47.5 cents per share on the Company's common stock. The dividend is payable April 14, 2023, to stockholders of record at the close of business on March 31, 2022. The Company has approximately 91.8 million shares of common stock outstanding. It has no preferred stock outstanding. At the Annual Meeting of Stockholders, held today, the Company announced preliminary results of the stockholder vote on four management proposals. All were approved, including the election of David C. Carroll, Steven C. Finch, Joseph N. Jag
WILLIAMSVILLE, N.Y., March 10, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of National Fuel Gas Company (NYSE:NFG) today approved payment of a regular quarterly dividend of 45.5 cents per share on the Company's common stock. The dividend is payable April 15, 2022, to stockholders of record at the close of business on March 31, 2022. The Company has approximately 91.4 million shares of common stock outstanding. It has no preferred stock outstanding. At the Annual Meeting of Stockholders, held today, the Company announced preliminary results of the stockholder vote on three management proposals. All were approved, including the election of David C. Carroll, Steven C. Finch, Joseph N
WILLIAMSVILLE, N.Y., March 11, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of National Fuel Gas Company (NYSE:NFG) today approved payment of a regular quarterly dividend of 44.5 cents per share on the Company’s common stock. The dividend is payable April 15, 2021, to stockholders of record at the close of business on March 31, 2021. The Company has approximately 91.2 million shares of common stock outstanding. It has no preferred stock outstanding. At the Annual Meeting of Stockholders, held today, the Company announced preliminary results of the stockholder vote on four management proposals. All were approved, including the election of David H. Anderson, David P. Bauer, Barbara M.
As of July 23, 2024, two stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here's the latest list of major overbought players in this sector. National Fuel Gas Co. (NYSE:NFG) On July 12, Scotiabank analyst Cameron Bean maintained Nationa
Scotiabank analyst Cameron Bean maintains National Fuel Gas (NYSE:NFG) with a Sector Outperform and raises the price target from $75 to $80.
Scotiabank analyst Cameron Bean maintains National Fuel Gas (NYSE:NFG) with a Sector Outperform and raises the price target from $72 to $75.
National Fuel Gas (NYSE:NFG) reported quarterly earnings of $1.79 per share which beat the analyst consensus estimate of $1.51 by 18.54 percent. This is a 16.23 percent increase over earnings of $1.54 per share from the same period last year. The company reported quarterly sales of $629.939 million which missed the analyst consensus estimate of $767.331 million by 17.91 percent. This is a 12.17 percent decrease over sales of $717.261 million the same period last year.
Scotiabank analyst Cameron Bean maintains National Fuel Gas (NYSE:NFG) with a Sector Outperform and raises the price target from $67 to $72.
While there is no end date to the program, the Company is targeting completion of this program by the end of fiscal 2025.
National Fuel Gas (NYSE:NFG) reported its Q1 earnings results on Wednesday, February 7, 2024 at 04:45 PM. Here's what investors need to know about the announcement. Earnings National Fuel Gas beat estimated earnings by 9.77%, reporting an EPS of $1.46 versus an estimate of $1.33. Revenue was down $133.50 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.07 which was followed by a 2.71% increase in the share price the next day. Here's a look at National Fuel Gas's past performance: Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023 EPS Estimate 0.85 0.91 1.57 1.75 EPS Actual 0.78 1.01 1.54 1.84 Revenue Estimate 459.43M 510.60M 699.0
WILLIAMSVILLE, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the three months and fiscal year ended September 30, 2024. FISCAL 2024 FOURTH QUARTER SUMMARY GAAP net loss of $167.6 million, or $1.84 per share, which includes $237.8 million in non-cash impairment charges.Adjusted operating results of $70.5 million, or $0.77 per share, compared to $72.2 million, or $0.78 per share, in the prior year (see non-GAAP reconciliation on page 2).Supply Corporation filed a certificate application with FERC for its Tioga Pathway Project, a modernization and expansion project that is expected to
WILLIAMSVILLE, N.Y. , Oct. 17, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE:NFG) today announced it will release its fourth quarter fiscal 2024 earnings results on Wednesday, November 6, 2024 after market close. A conference call to discuss the results will be held on Thursday, November 7, 2024 beginning at 10:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. All participants must pre-register to join this conference using the Participant Registration link. A webcast link to the conference call will be provided under the Events Calendar on the NFG Investor Relations website at investor.nat
WILLIAMSVILLE, N.Y., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) Board of Directors approved a regular quarterly dividend of 51.5 cents per share on the Company's common stock. The dividend is payable October 15, 2024, to stockholders of record at the close of business on September 30, 2024. The Company has approximately 91.1 million shares of common stock outstanding. It has no preferred stock outstanding. National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipel
WILLIAMSVILLE, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the third quarter of its 2024 fiscal year and for the nine months ended June 30, 2024. FISCAL 2024 THIRD QUARTER SUMMARY GAAP net loss of $54.2 million, or $0.59 per share, which includes a $145.0 million non-cash, after-tax impairment charge related to the carrying value of exploration and production properties, compared to GAAP net income of $92.6 million, or $1.00 per share, in the prior year.Adjusted operating results of $91.7 million, or $0.99 per share, compared to $93.4 million, or $1.01 per share, in the prior year
WILLIAMSVILLE, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE:NFG) today announced it will release its third quarter fiscal 2024 earnings results on Wednesday, July 31, 2024 after market close. A conference call to discuss the results will be held on Thursday, August 1, 2024 beginning at 10:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. All participants must pre-register to join this conference using the Participant Registration link. Once registered, an email will be sent with important details for this conference, as well as a unique Registrant ID. A webcast link t
WILLIAMSVILLE, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) Board of Directors approved a 4.0% increase in the dividend on the Company's common stock, raising the quarterly rate from 49.5 cents per share as approved in June 2023 to 51.5 cents per share for an annual rate of $2.06 per share. National Fuel has paid dividends for 122 consecutive years and has increased its annual dividend for 54 straight years. This dividend is payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024. The Company has approximately 91.8 million shares of common stock outstanding. It has no preferre
WILLIAMSVILLE, N.Y., May 01, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the second quarter of its 2024 fiscal year and for the six months ended March 31, 2024. FISCAL 2024 SECOND QUARTER SUMMARY GAAP net income of $166.3 million, or $1.80 per share, compared to GAAP net income of $140.9 million, or $1.53 per share, in the prior year, an increase of 18% per share.Adjusted operating results of $165.3 million, or $1.79 per share, compared to $141.8 million, or $1.54 per share, in the prior year, an increase of 16% per share (see non-GAAP reconciliation on page 2).Pipeline and Storage segment reven
WILLIAMSVILLE, N.Y., April 17, 2024 (GLOBE NEWSWIRE) -- You are invited to participate in a teleconference to review National Fuel Gas Company's (NYSE:NFG) second quarter fiscal 2024 results and hear an update on the Company and its operations. The teleconference will be held on Thursday, May 2, 2024 at 10 a.m. (ET) Representing management will be David P. Bauer, President and Chief Executive Officer; Timothy J. Silverstein, Treasurer and Chief Financial Officer; and Justin I. Loweth, President of Seneca Resources Company, LLC and National Fuel Gas Midstream Company, LLC. Prepared remarks are planned for approximately 20 minutes with ample time for questions and answers. To pre-register
WILLIAMSVILLE, N.Y., March 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE:NFG) (the "Company") announced today that its Board of Directors has approved payment of a regular quarterly dividend of 49.5 cents per share on the Company's common stock. The dividend is payable April 15, 2024, to stockholders of record at the close of business March 28, 2024. The Company also announced an enhancement to its long history of returning capital to shareholders with the authorization of a program to repurchase up to $200 million of its outstanding common stock. While there is no end date to the program, the Company is targeting completion of this program by the end of fiscal 2025. "This
WILLIAMSVILLE, N.Y., Feb. 07, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the first quarter of its 2024 fiscal year. FISCAL 2024 FIRST QUARTER SUMMARY GAAP net income of $133.0 million, or $1.44 per share, compared to GAAP net income of $169.7 million, or $1.84 per share, in the prior year.Adjusted operating results of $135.2 million, or $1.46 per share, compared to $169.5 million, or $1.84 per share, in the prior year (see non-GAAP reconciliation on page 2).Exploration & Production segment produced 101 Bcf of natural gas, an increase of 11% from the prior year, and 8% higher than th
WILLIAMSVILLE, N.Y., Nov. 06, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the three months and fiscal year ended September 30, 2024. FISCAL 2024 FOURTH QUARTER SUMMARY GAAP net loss of $167.6 million, or $1.84 per share, which includes $237.8 million in non-cash impairment charges.Adjusted operating results of $70.5 million, or $0.77 per share, compared to $72.2 million, or $0.78 per share, in the prior year (see non-GAAP reconciliation on page 2).Supply Corporation filed a certificate application with FERC for its Tioga Pathway Project, a modernization and expansion project that is expected to
WILLIAMSVILLE, N.Y., Oct. 30, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Midstream Company, LLC (Midstream), the Gathering segment of National Fuel Gas Company (NYSE:NFG) (National Fuel or the Company), has been re-verified under Equitable Origin's EO100™ Standard for Responsible Energy Development. The re-verification independently confirms that Midstream continues to adhere to the performance obligations earned under Midstream's initial EO100™ certification, achieved in 2023, while also verifying Midstream's commitment to the continuous improvement plan established upon initial certification. During the re-verification process completed in October 2024, Midstream was awarded an "A-" grad
WILLIAMSVILLE, N.Y., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Today, National Fuel Gas Company (National Fuel or the Company) (NYSE:NFG) announced that Ronald C. Kraemer, Chief Operating Officer of National Fuel Gas Company and President of National Fuel's pipeline and storage subsidiaries, has indicated his intention to retire effective Feb. 1, 2025, after more than 46 years with the Company. Joseph N. Del Vecchio, Executive Vice President of National Fuel Gas Supply Corporation, will succeed him in the role of President of National Fuel Gas Supply Corporation and Empire Pipeline, Inc. "Throughout his 46-year career, Ron has served with distinction, driving significant innovation and accom
WILLIAMSVILLE, N.Y. , Oct. 17, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE:NFG) today announced it will release its fourth quarter fiscal 2024 earnings results on Wednesday, November 6, 2024 after market close. A conference call to discuss the results will be held on Thursday, November 7, 2024 beginning at 10:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. All participants must pre-register to join this conference using the Participant Registration link. A webcast link to the conference call will be provided under the Events Calendar on the NFG Investor Relations website at investor.nat
WILLIAMSVILLE, N.Y., Sept. 13, 2024 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) Board of Directors approved a regular quarterly dividend of 51.5 cents per share on the Company's common stock. The dividend is payable October 15, 2024, to stockholders of record at the close of business on September 30, 2024. The Company has approximately 91.1 million shares of common stock outstanding. It has no preferred stock outstanding. National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipel
WILLIAMSVILLE, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ((National Fuel or the Company, NYSE:NFG) today released its 2023 Corporate Responsibility Report (Report), detailing the Company's policies, practices and performance metrics in key corporate responsibility and sustainability areas. An electronic version of the report is available by clicking here. "At National Fuel, we are committed to being a responsible corporate partner in the communities where we live and work," said David P. Bauer, President & Chief Executive Officer of National Fuel Gas Company. "In 2023, we continued our ongoing efforts to reduce methane emissions, prioritize safety and focus on div
WILLIAMSVILLE, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the third quarter of its 2024 fiscal year and for the nine months ended June 30, 2024. FISCAL 2024 THIRD QUARTER SUMMARY GAAP net loss of $54.2 million, or $0.59 per share, which includes a $145.0 million non-cash, after-tax impairment charge related to the carrying value of exploration and production properties, compared to GAAP net income of $92.6 million, or $1.00 per share, in the prior year.Adjusted operating results of $91.7 million, or $0.99 per share, compared to $93.4 million, or $1.01 per share, in the prior year
WILLIAMSVILLE, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE:NFG) today announced it will release its third quarter fiscal 2024 earnings results on Wednesday, July 31, 2024 after market close. A conference call to discuss the results will be held on Thursday, August 1, 2024 beginning at 10:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. All participants must pre-register to join this conference using the Participant Registration link. Once registered, an email will be sent with important details for this conference, as well as a unique Registrant ID. A webcast link t
WILLIAMSVILLE, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) Board of Directors approved a 4.0% increase in the dividend on the Company's common stock, raising the quarterly rate from 49.5 cents per share as approved in June 2023 to 51.5 cents per share for an annual rate of $2.06 per share. National Fuel has paid dividends for 122 consecutive years and has increased its annual dividend for 54 straight years. This dividend is payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024. The Company has approximately 91.8 million shares of common stock outstanding. It has no preferre
WILLIAMSVILLE, N.Y., May 01, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the second quarter of its 2024 fiscal year and for the six months ended March 31, 2024. FISCAL 2024 SECOND QUARTER SUMMARY GAAP net income of $166.3 million, or $1.80 per share, compared to GAAP net income of $140.9 million, or $1.53 per share, in the prior year, an increase of 18% per share.Adjusted operating results of $165.3 million, or $1.79 per share, compared to $141.8 million, or $1.54 per share, in the prior year, an increase of 16% per share (see non-GAAP reconciliation on page 2).Pipeline and Storage segment reven
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
4 - NATIONAL FUEL GAS CO (0000070145) (Issuer)
BofA Securities resumed coverage of National Fuel Gas with a rating of Underperform and set a new price target of $62.00
Scotiabank upgraded National Fuel Gas from Sector Perform to Sector Outperform
Raymond James downgraded National Fuel Gas from Outperform to Mkt Perform
Scotiabank downgraded National Fuel Gas from Sector Outperform to Sector Perform and set a new price target of $85.00 from $91.00 previously
Scotiabank resumed coverage of National Fuel Gas with a rating of Sector Outperform and set a new price target of $89.00
BofA Securities resumed coverage of National Fuel Gas with a rating of Underperform and set a new price target of $66.00
Raymond James reiterated coverage of National Fuel Gas with a rating of Outperform and set a new price target of $69.00 from $62.00 previously
Raymond James reiterated coverage of National Fuel Gas with a rating of Outperform and set a new price target of $62.00 from $60.00 previously
JP Morgan initiated coverage of National Fuel Gas with a rating of Neutral and set a new price target of $51.00
Goldman resumed coverage of National Fuel Gas with a rating of Neutral and set a new price target of $46.00
10-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
8-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
8-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
8-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
8-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
S-8 - NATIONAL FUEL GAS CO (0000070145) (Filer)
10-Q - NATIONAL FUEL GAS CO (0000070145) (Filer)
8-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
8-K - NATIONAL FUEL GAS CO (0000070145) (Filer)
11-K - NATIONAL FUEL GAS CO (0000070145) (Filer)