National Fuel Gas (NFG) to Release Earnings on Wednesday

National Fuel Gas (NYSE:NFG) is set to release its earnings data after the market closes on Wednesday, May 1st. Analysts expect National Fuel Gas to post earnings of $1.47 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

National Fuel Gas (NYSE:NFG) last issued its earnings results on Thursday, February 8th. The oil and gas producer reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.14. National Fuel Gas had a net margin of 21.58% and a return on equity of 14.81%. The business had revenue of $525.36 million for the quarter, compared to analyst estimates of $664.57 million. During the same period in the previous year, the business earned $1.84 EPS. The firm’s revenue was down 20.3% on a year-over-year basis. On average, analysts expect National Fuel Gas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

National Fuel Gas Price Performance

Shares of National Fuel Gas stock opened at $53.75 on Wednesday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.47 and a current ratio of 0.56. The firm’s 50-day simple moving average is $51.36 and its 200-day simple moving average is $50.83. National Fuel Gas has a twelve month low of $45.32 and a twelve month high of $56.67. The firm has a market cap of $4.95 billion, a P/E ratio of 11.27 and a beta of 0.63.

National Fuel Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a dividend of $0.495 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.98 annualized dividend and a dividend yield of 3.68%. National Fuel Gas’s dividend payout ratio (DPR) is currently 41.51%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NFG. StockNews.com upgraded shares of National Fuel Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 20th. Scotiabank lifted their price target on shares of National Fuel Gas from $67.00 to $72.00 and gave the company a “sector outperform” rating in a report on Thursday, April 11th.

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.