Profile
Sector:
EnergyIndustry:
Oil & Gas IntegratedCountry:
United StatesIPO:
03 May 1973Website:
http://www.nationalfuel.comNext earnings report:
02 August 2024Last dividends:
27 March 2024Next dividends:
28 June 2024Price
after hours | Wed, 26 Jun 2024 20:04:59 GMTAnalysts recommendations
Institutional Ownership
NFG Latest News
National Fuel Gas (NFG) makes a strong investment case, given its estimate revisions, strong earnings surprise history and systematic capital expenditure.
National Fuel Gas has a strong history of increasing dividends for over 50 years despite operating in a cyclical sector. Natural gas prices are expected to be lower for the remainder of the fiscal year, but the company is forecasting just a small decline in earnings-per-share for 2024. Shares are undervalued relative to their historical average and offer a solid, safe yield, with the potential for double-digit returns, making the stock a buy.
National Fuel Gas (NFG) continues to increase shareholders' value, as its board of directors approves a 4% quarterly dividend hike.
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.
In the second quarter of the fiscal year, National Fuel Gas (NFG) sees a rise in earnings compared to the previous year, despite a decrease in revenues. The Exploration & Production segment experiences an increase in natural gas production during this time.
: Please join us for a teleconference to discuss National Fuel Gas Company's (NYSE:NFG) second quarter fiscal 2024 results and receive an update on the Company and its operations. The teleconference is scheduled for
National Fuel Gas is a unique energy company focused on the Appalachian natural gas food chain. The IEA and Citi have issued updates on the prospects for commodity natural gas, highlighting potential market tensions and price volatility. National Fuel Gas has demonstrated a connection between its share price and natural gas commodity pricing, and as gas prices improve, so will its share prices.
National Fuel Gas Company (NFG) Q1 2024 Earnings Call Transcript
National Fuel Gas' (NFG) first-quarter fiscal 2024 earnings beat estimates due to new rates in Pennsylvania and an increase in natural gas production.
National Fuel Gas's (NFG) Q1 earnings are expected to have benefited from increasing pipeline and storage revenues, while an increase in expenses is likely to have offset some positives.
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What type of business is National Fuel Gas?
National Fuel Gas Company is a national gas fuel company founded in 1902. National Fuel Gas is a diversified energy company mainly engaged in the exploration, collection, transportation, and distribution of natural gas. The headquarters is located in Williamsville, New York, USA. The company operates an integrated business with assets located in the western part of New York and Pennsylvania, which are used for the extraction and transportation of natural gas from the Appalachian Basin. Current activities in natural gas extraction are focused on the Marcellus and Utica shale formations, geological shale formations located nearly a mile or more underground.
What sector is National Fuel Gas in?
National Fuel Gas is in the Energy sector
What industry is National Fuel Gas in?
National Fuel Gas is in the Oil & Gas Integrated industry
What country is National Fuel Gas from?
National Fuel Gas is headquartered in United States
When did National Fuel Gas go public?
National Fuel Gas initial public offering (IPO) was on 03 May 1973
What is National Fuel Gas website?
https://www.nationalfuel.com
Is National Fuel Gas in the S&P 500?
No, National Fuel Gas is not included in the S&P 500 index
Is National Fuel Gas in the NASDAQ 100?
No, National Fuel Gas is not included in the NASDAQ 100 index
Is National Fuel Gas in the Dow Jones?
No, National Fuel Gas is not included in the Dow Jones index
When does National Fuel Gas report earnings?
The next expected earnings date for National Fuel Gas is 02 August 2024