National Fuel Gas Company (NFG)

National Fuel Gas Company is a diversified energy company with common shares listed on the NYSE under the symbol NFG. Through its Integrated Upstream and Gathering, Pipeline and Storage, and Utility segments, the company is involved in natural gas and oil exploration and production, gas gathering in the Appalachian region, interstate pipeline transportation and underground storage in Pennsylvania and New York, and retail natural gas utility services in parts of New York and Pennsylvania. Founded in 1902, National Fuel Gas Company is headquartered in Williamsville, New York.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-NFG
$91.78
13.4% Upside
Fair
$98.50
21.7% Upside
Undervalued
Great
2.22
2.7%
July 29, 2026
11.2x
2.0x
3.1x
7.713 B
10.085 B
23.9%
98.5%
1.9
28.3%
44.7%
Valuation • Fair Value

National Fuel Gas Company (NYSE-NFG) Fair Value by Valuation Model

Compare the primary fair value estimate for National Fuel Gas Company (NYSE-NFG) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$91.78

Estimated upside of 13.4% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$95.88

Discounted cash flow valuation reference.

Ben Graham Formula Value

$80.15

Classic Ben Graham valuation formula reference.

DDM Fair Value

NM

Dividend discount model valuation reference.

EPV Fair Value

$60.76

Earnings power value estimate.

Comps Fair Value

$92.84

Comparable-company valuation reference.

Analyst Price Target

$98.50

Analysts imply upside of 21.7%.

How to read these valuation models

Use this section to compare the primary fair value estimate for National Fuel Gas Company (NYSE-NFG) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for National Fuel Gas Company (NYSE-NFG)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

2.508 B

Current operating scale indicator.

Revenue Forecast

2.589 B

Forward revenue estimate.

EBITDA

1.541 B

Current operating profitability reference.

EBITDA Forecast

1.518 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review National Fuel Gas Company (NYSE-NFG) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for National Fuel Gas Company (NYSE-NFG)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Great

Positive financial-health read.

Piotroski Score

7

Relatively strong quality score.

Beneish M-Score

-2.57

No elevated caution signal from this screen.

Altman Z-Score

1.9

Intermediate risk zone.

FCF / Net Income

44.7%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for National Fuel Gas Company (NYSE-NFG). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for National Fuel Gas Company (NYSE-NFG)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

July 29, 2026

Days to Earnings

8

Dividend Payment Date

Not available

Ex-Dividend Date

Not available

Dividend Yield

2.7%

Income yield reference.

Upcoming Dividend

2.22

Upcoming distribution amount.

Payment Type

Not available

Data is currently unavailable.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

28.3%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for National Fuel Gas Company (NYSE-NFG), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

National Fuel Gas Company (NYSE-NFG) Stock Forecast & Technical Outlook

Review National Fuel Gas Company (NYSE-NFG) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Sell

The 15-minute technical read for National Fuel Gas Company (NYSE-NFG) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Sell

The 1-hour technical read for National Fuel Gas Company (NYSE-NFG) is currently Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for National Fuel Gas Company (NYSE-NFG) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Neutral

The weekly technical read for National Fuel Gas Company (NYSE-NFG) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for National Fuel Gas Company (NYSE-NFG) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for National Fuel Gas Company (NYSE-NFG)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Buy

Based on the available recommendation mix, National Fuel Gas Company (NYSE-NFG) has a Buy consensus, with 2 buy, 2 hold and 0 sell recommendations in the current data set.

Buy 2
Hold 2
Sell 0
FAQ Fast Investor Answers

National Fuel Gas Company (NYSE-NFG) Stock FAQ

Quick answers about National Fuel Gas Company (NYSE-NFG) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$91.78
Estimated upside 13.4%
Valuation Rating
Undervalued
Estimated upside of 13.4%
Analyst Target
$98.50
Implied upside 21.7%
Financial Health
Great
Current financial-health read

The current fair value estimate for National Fuel Gas Company (NYSE-NFG) is $91.78. This implies an estimated upside of 13.4% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 13.4% versus the current market price.

The available analyst price target for National Fuel Gas Company (NYSE-NFG) is $98.50. The analyst target implies estimated upside of 21.7%.

The current financial health read for National Fuel Gas Company (NYSE-NFG) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for National Fuel Gas Company (NYSE-NFG) is July 29, 2026.

Based on the current data, dividend yield is 2.7%, upcoming dividend amount is 2.22.

The current P/E ratio listed for National Fuel Gas Company (NYSE-NFG) is 11.2x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for National Fuel Gas Company is 7.713 B.

The current enterprise value listed for National Fuel Gas Company is 10.085 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for National Fuel Gas Company is NYSE-NFG, and the stock is listed on NYSE.

National Fuel Gas Company (NYSE-NFG) is listed on NYSE.

The current debt-to-total-capital ratio listed for National Fuel Gas Company is 23.9%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for National Fuel Gas Company is 98.5%. Free float helps investors understand how much of the share base is available for public trading.