National Fuel Gas (NYSE:NFG) Upgraded at Zacks Research

Zacks Research upgraded shares of National Fuel Gas (NYSE:NFG) from a strong sell rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

A number of other research firms also recently issued reports on NFG. Scotiabank set a $101.00 price target on shares of National Fuel Gas in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $96.33.

National Fuel Gas Stock Up 1.5%

Shares of NYSE:NFG opened at $92.51 on Monday. The company has a market capitalization of $8.79 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 1.17 and a beta of 0.57. National Fuel Gas has a 12-month low of $69.93 and a 12-month high of $94.13. The business has a 50-day moving average price of $85.14 and a 200 day moving average price of $84.42. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.15. The company had revenue of $651.51 million for the quarter, compared to analysts’ expectations of $650.70 million. National Fuel Gas had a net margin of 27.65% and a return on equity of 21.45%. National Fuel Gas’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Sell-side analysts expect that National Fuel Gas will post 6.64 EPS for the current year.

Institutional Trading of National Fuel Gas

Several hedge funds have recently made changes to their positions in NFG. Root Financial Partners LLC acquired a new position in shares of National Fuel Gas in the third quarter valued at approximately $29,000. Fairscale Capital LLC acquired a new stake in National Fuel Gas during the 4th quarter worth approximately $29,000. HM Payson & Co. acquired a new stake in National Fuel Gas during the 4th quarter worth approximately $29,000. Richardson Financial Services Inc. boosted its position in National Fuel Gas by 88.5% in the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock valued at $33,000 after buying an additional 169 shares during the period. Finally, Hantz Financial Services Inc. grew its stake in shares of National Fuel Gas by 105.3% in the third quarter. Hantz Financial Services Inc. now owns 423 shares of the oil and gas producer’s stock worth $39,000 after acquiring an additional 217 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

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.