National Fuel Gas (NYSE:NFG) Issues FY25 Earnings Guidance

National Fuel Gas (NYSE:NFG) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $5.50-$6.00 for the period, compared to the consensus earnings per share estimate of $6.18. National Fuel Gas also updated its FY 2025 guidance to 5.500-6.000 EPS.

Analysts Set New Price Targets

Several research firms have recently weighed in on NFG. StockNews.com lowered shares of National Fuel Gas from a “hold” rating to a “sell” rating in a report on Saturday, October 19th. Bank of America assumed coverage on shares of National Fuel Gas in a report on Monday, October 28th. They set an “underperform” rating and a $62.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on National Fuel Gas from $64.00 to $62.00 and set a “neutral” rating on the stock in a report on Thursday, September 12th. Finally, Scotiabank raised their price target on National Fuel Gas from $80.00 to $81.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 20th.

National Fuel Gas Price Performance

Shares of NYSE NFG traded up $1.82 during trading on Wednesday, reaching $62.36. The company had a trading volume of 644,408 shares, compared to its average volume of 379,472. National Fuel Gas has a 52 week low of $45.32 and a 52 week high of $63.54. The business’s 50 day moving average price is $60.54 and its 200-day moving average price is $57.83. The stock has a market cap of $5.70 billion, a PE ratio of 18.07 and a beta of 0.62. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.65 and a current ratio of 0.77.

National Fuel Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a dividend of $0.515 per share. This represents a $2.06 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Monday, September 30th. National Fuel Gas’s dividend payout ratio is 59.71%.

Insider Activity

In related news, General Counsel Michael W. Reville sold 1,700 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $60.77, for a total value of $103,309.00. Following the transaction, the general counsel now owns 8,203 shares in the company, valued at $498,496.31. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.55% of the company’s stock.

National Fuel Gas Company Profile

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. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.