National Fuel Gas (NYSE:NFG) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of National Fuel Gas (NYSE:NFG) from a hold rating to a sell rating in a report issued on Saturday.

NFG has been the topic of several other reports. Weiss Ratings lowered shares of National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. KeyCorp began coverage on National Fuel Gas in a research note on Tuesday, April 7th. They set an “overweight” rating and a $110.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $105.50.

National Fuel Gas Stock Performance

Shares of NYSE NFG opened at $82.23 on Friday. The company has a 50 day simple moving average of $78.77 and a two-hundred day simple moving average of $84.52. The stock has a market cap of $7.82 billion, a price-to-earnings ratio of 11.42, a PEG ratio of 1.83 and a beta of 0.37. The company has a current ratio of 3.20, a quick ratio of 0.55 and a debt-to-equity ratio of 0.91. National Fuel Gas has a 12 month low of $75.17 and a 12 month high of $97.06.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Wednesday, July 29th. The oil and gas producer reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.10. National Fuel Gas had a net margin of 26.97% and a return on equity of 19.04%. The firm had revenue of $537.50 million for the quarter, compared to analyst estimates of $564.33 million. During the same quarter in the prior year, the business earned $1.64 earnings per share. The business’s quarterly revenue was up 1.1% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.400-7.600 EPS. As a group, analysts predict that National Fuel Gas will post 7.5 earnings per share for the current year.

National Fuel Gas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.555 per share. This is a boost from National Fuel Gas’s previous quarterly dividend of $0.54. The ex-dividend date was Tuesday, June 30th. This represents a $2.22 annualized dividend and a dividend yield of 2.7%. National Fuel Gas’s payout ratio is currently 30.83%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. SJS Investment Consulting Inc. increased its stake in National Fuel Gas by 458.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 279 shares of the oil and gas producer’s stock worth $26,000 after buying an additional 229 shares in the last quarter. Fairscale Capital LLC acquired a new position in shares of National Fuel Gas during the fourth quarter valued at approximately $29,000. HM Payson & Co. purchased a new position in shares of National Fuel Gas in the fourth quarter valued at approximately $29,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of National Fuel Gas in the first quarter valued at approximately $38,000. Finally, SHP Wealth Management acquired a new stake in shares of National Fuel Gas in the fourth quarter worth approximately $44,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

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.