Grufity logoGrufity logo

NFG

62.97USD-1.22(-1.90%)Market Closed

National Fuel Gas Co

Market Summary

USD62.97-1.22Market Closed
-1.90%

NFG Alerts

NFG Stock Price

RSI Chart

Valuation

Market Cap

6.1B

Price/Earnings

12.41

Price/Sales

2.92

Price/Cashflow

7.94

MarketCap/EBT

9.52

Price/Sales

Profitability

EBT Margin

30.61%

Return on Equity

24.69%

Return on Assets

6.1%

Fundamentals

Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

22.24%

Revenue Q/Q

-13.43%

Earnings

Earnings (TTM)

566.0M

Earnings Y/Y

81.85%

Earnings Q/Q

46.21%

Price Action

52 Week Range

57.3375.44
(Low)(High)

Last 7 days

-2.3%

Last 30 days

-0.6%

Last 90 days

-10.2%

Trailing 12 Months

6.2%

Financial Health

Current Ratio

0.53

Investor Care

Dividend Yield

2.75%

Dividend/Share (TTM)

1.85

Shares Dilution (1Y)

0.32%

Diluted EPS (TTM)

6.15

Peers (Alternatives to National Fuel Gas)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
155.3B
17.5B
8.61% -1.21%
60.19
8.88
3.90% -17.99%
72.4B
27.0B
6.99% 3.14%
18.49
2.68
10.65% 30.59%
70.7B
28.0B
5.06% 11.65%
21.6
2.52
24.64% 10.84%
57.8B
16.1B
-11.71% -17.51%
25.65
3.87
18.64% -9.59%
15.0B
4.2B
9.96% 28.01%
19.94
3.7
23.31% 16.35%
MID-CAP
6.1B
2.2B
-0.60% 6.19%
12.41
2.92
25.44% 55.65%
5.0B
4.6B
-0.97% 7.00%
33.46
1.13
31.72% -37.18%
4.4B
2.9B
10.03% 30.04%
19.87
1.63
34.75% 133.20%
4.2B
2.4B
-8.69% 13.53%
19.74
1.84
38.52% 5.37%
3.7B
2.2B
-4.89% 8.67%
16.78
1.68
-1.66% -18.73%
2.1B
589.1M
13.09% 18.33%
36.36
3.6
3.41% 4.67%
SMALL-CAP
1.6B
157.6M
3.30% -10.81%
37.33
10.06
9.67% 12.98%
1.1B
1.5B
-4.73% 16.41%
5.98
0.72
16.51% 13.78%
311.8M
1.9B
2.47% -9.35%
5.02
0.16
34.81% -23.18%
209.6M
84.2M
9.75% 3.69%
-10.31
2.51
11.96% -414.12%

Financials for National Fuel Gas

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.8%2,1862,1071,9991,8481,743
Earnings Before Taxes5.9%683645621548478
Net Income14.4%566495473418364
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-2.7%7,8968,1127,8057,5907,465
  Current Assets-33.8%7611,150671567522
    Cash Equivalents-89.4%46433537932
  Net PPE2.8%6,5666,3856,5746,4916,384
  Goodwill0%55555
  Current Liabilities-10.3%1,9432,1662,0068961,236
.    Short Term Borrowings-85.0%60400218166159
    LT Debt, Current0%549549549--
    LT Debt, Non Current0.0%2,0832,0822,0822,6302,629
Shareholder's Equity3.8%2,0802,0041,8642,1101,786
  Retained Earnings7.8%1,5871,4721,4081,2821,191
  Additional Paid-In Capital0.4%1,0271,0231,0191,0141,017
Accumulated Depreciation1.2%5,9855,9146,8836,8026,719
Shares Outstanding0.0%9191919191
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations5.0%813774800758792
  Share Based Compensation-2.2%2020191917
Cashflow From Investing2.3%-518.70-530.77-769.23-736.06-633.22
Cashflow From Financing-223.1%-276.2422444-52.58-58.74
  Dividend Payments1.2%168166165164163
  Buy Backs1.1%109994

Risks

What is the probability of a big loss on NFG?

31.9%


Probability that National Fuel Gas stock will be more than 20% underwater in next one year

6.9%


Probability that National Fuel Gas stock will be more than 30% underwater in next one year.

1.9%


Probability that National Fuel Gas stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NFG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if National Fuel Gas was unfortunately bought at previous high price.

Returns

Cumulative Returns on NFG

4.9%


10-Year Cumulative Returns

10.2%


7-Year Cumulative Returns

5.2%


5-Year Cumulative Returns

15.6%


3-Year Cumulative Returns

What are the long-term rolling returns for NFG?

FIve years rolling returns for National Fuel Gas.

Which funds bought or sold NFG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
SOLD OFF
-100
-296,000
-
-%
2022-11-29
SALEM CAPITAL MANAGEMENT INC
UNCHANGED
-
-35,000
479,000
0.38%
2022-11-23
Toroso Investments, LLC
NEW
-
211,000
211,000
0.01%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
-46
-
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
860,000
860,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
ADDED
1.84
-376,000
7,008,000
0.01%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-1,000
7,000
-%
2022-11-18
OLD REPUBLIC INTERNATIONAL CORP
SOLD OFF
-100
-38,078,000
-
-%
2022-11-17
CENTRAL TRUST Co
ADDED
21.41
8,000
63,000
-%
2022-11-17
M&T Bank Corp
ADDED
5.85
3,231,000
7,544,000
0.03%

1–10 of 48

Latest Funds Activity

Are funds buying NFG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NFG

National Fuel Gas News

MarketBeat

National Fuel Gas Announces Quarterly Dividend of $0.48 (NYSE:NFG).5 hours ago

Seeking Alpha

NFG Fair Value

National Fuel Gas fair value in different scenarios

The table shows the Fair Value estimates for National Fuel Gas for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

45.74

-27.36%

64.60

2.59%

101.77

61.62%

134.59

113.74%

167.26

165.62%

Current Inflation

42.71

-32.17%

58.13

-7.69%

89.22

41.69%

116.99

85.79%

144.18

128.97%

Very High Inflation

38.86

-38.29%

50.37

-20.01%

74.65

18.55%

96.73

53.61%

117.86

87.17%

Historical National Fuel Gas Fair Value Estimates


Recent SEC filings of National Fuel Gas

View All Filings
Date Filed Form Type Document
Nov 18, 2022
10-K
Annual Report
Nov 04, 2022
8-K
Current Report
Nov 03, 2022
8-K
Current Report
Oct 06, 2022
SC 13G/A
Major Ownership Report
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for NFG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-07-01
TANSKI RONALD J
ACQUIRED
43,781.4
66.74
656
-
2022-07-01
SHAW JEFFREY W
ACQUIRED
43,781.4
66.74
656
-
2022-07-01
JAGGERS JOSEPH N
ACQUIRED
43,781.4
66.74
656
-
2022-07-01
Bauer David P
SOLD (Taxes)
-130,210
66.74
-1,951
President and CEO
2022-07-01
BAUMANN BARBARA M
ACQUIRED
43,781.4
66.74
656
-
2022-07-01
Bauer David P
ACQUIRED
-
-
5,410
President and CEO
2022-06-01
SMITH DAVID F
GIFTED
-
-
-50,357
-
2022-06-01
SMITH DAVID F
GIFTED
-
-
128,944
-
2022-06-01
SMITH DAVID F
GIFTED
-
-
-78,587
-
2022-05-23
KRAEMER RONALD C
SOLD
-97,305.6
70.004
-1,390
Chief Operating Officer

1–10 of 50

David P. Bauer
2190
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 in California and in the Appalachian region of the United States. As of September 30, 2021, it had proved developed and undeveloped reserves of 21,537 thousand barrels of oil and 3,723,433 million cubic feet of natural gas. The Pipeline and Storage segment provides interstate natural gas transportation and storage services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State; and owns and operates the Empire Pipeline. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca Resources Company, LLC. The Utility segment sells natural gas or provides natural gas transportation services to approximately 753,000 customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. The company markets gas to industrial, wholesale, commercial, public authority, and residential customers primarily in western and central New York, and northwestern Pennsylvania. As of September 30, 2021, the company also owned approximately 95,000 acres of timber property; and managed approximately 2,500 additional acres of timber cutting rights. National Fuel Gas Company was incorporated in 1902 and is headquartered in Williamsville, New York.

NFG Income Statement

2022-09-30
Consolidated Statements Of Income And Earnings Reinvested In The Business - USD ($)
$ in Thousands
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
INCOME   
Operating Revenues$ 2,186,046$ 1,742,659$ 1,546,291
Operating Expenses:   
Purchased Gas392,093171,827233,890
Property, Franchise and Other Taxes101,18294,71388,400
Depreciation, Depletion and Amortization369,790335,303306,158
Impairment of Oil and Gas Producing Properties076,152449,438
Total Operating Expenses1,384,2661,153,8011,516,433
Gain on Sale of Assets(12,736)(51,066)0
Operating Income814,516639,92429,858
Other Income (Expense):   
Other Income (Deductions)(1,509)(15,238)(17,814)
Interest Expense on Long-Term Debt(120,507)(141,457)(110,012)
Other Interest Expense(9,850)(4,900)(7,065)
Income (Loss) Before Income Taxes682,650478,329(105,033)
Income Tax Expense116,629114,68218,739
Net Income (Loss) Available for Common Stock566,021363,647(123,772)
EARNINGS REINVESTED IN THE BUSINESS   
Balance at Beginning of Year1,191,175991,6301,272,601
Beginning Retained Earnings Unappropriated And Current Period Net Income1,757,1961,355,2771,148,829
Dividends on Common Stock(170,111)(164,102)(156,249)
Balance at End of Year$ 1,587,085$ 1,191,175$ 991,630
Earnings (Loss) Per Common Share, Basic:   
Net Income (Loss) Available for Common Stock (in dollars per share)$ 6.19$ 3.99$ (1.41)
Earnings (Loss) Per Common Share, Diluted:   
Net Income (Loss) Available for Common Stock (in dollars per share)$ 6.15$ 3.97$ (1.41)
Weighted Average Number of Shares Outstanding:   
Used in Basic Calculation91,410,62591,130,94187,968,895
Used in Diluted Calculation92,107,06691,684,58387,968,895
Utility and Energy Marketing [Member]   
INCOME   
Operating Revenues$ 897,916$ 667,549$ 728,336
Operating Expenses:   
Operation and Maintenance193,058179,547181,051
Exploration and Production and Other [Member]   
INCOME   
Operating Revenues1,010,629837,597611,885
Operating Expenses:   
Operation and Maintenance191,572173,041148,856
Pipeline and Storage and Gathering [Member]   
INCOME   
Operating Revenues277,501237,513206,070
Operating Expenses:   
Operation and Maintenance136,571123,218108,640
Guidance for Hedging [Member] | Cumulative Effect of Adoption of Authoritative Guidance [Member]   
EARNINGS REINVESTED IN THE BUSINESS   
Balance at Beginning of Year$ 00(950)
Balance at End of Year $ 0$ 0

NFG Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
ASSETS  
Property, Plant and Equipment$ 12,551,909$ 13,103,639
Less - Accumulated Depreciation, Depletion and Amortization5,985,4326,719,356
Property, Plant and Equipment, Net, Total6,566,4776,384,283
Current Assets  
Cash and Temporary Cash Investments46,04831,528
Hedging Collateral Deposits[1]91,67088,610
Receivables - Net of Allowance for Uncollectible Accounts of $40,228 and $31,639, Respectively361,626205,294
Unbilled Revenue30,07517,000
Gas Stored Underground32,36433,669
Materials, Supplies and Emission Allowances40,63753,560
Unrecovered Purchased Gas Costs99,34233,128
Other Current Assets59,36959,660
Total Current Assets761,131522,449
Other Assets  
Recoverable Future Taxes106,247121,992
Unamortized Debt Expense8,88410,589
Other Regulatory Assets67,10160,145
Deferred Charges77,47259,939
Other Investments95,025149,632
Goodwill5,4765,476
Prepaid Pension and Post-Retirement Benefit Costs196,597149,151
Fair Value of Derivative Financial Instruments9,1750
Other2,6771,169
Total Other Assets568,654558,093
Total Assets7,896,2627,464,825
Capitalization:  
Common Stock, $1 Par Value Authorized - 200,000,000 Shares; Issued and Outstanding - 91,478,064 Shares and 91,181,549 Shares, Respectively91,47891,182
Paid In Capital1,027,0661,017,446
Earnings Reinvested in the Business1,587,0851,191,175
Accumulated Other Comprehensive Loss(625,733)(513,597)
Total Comprehensive Shareholders' Equity2,079,8961,786,206
Long-term Debt, Net of Current Portion and Unamortized Discount and Debt Issuance Costs2,083,4092,628,687
Total Capitalization4,163,3054,414,893
Current and Accrued Liabilities  
Notes Payable to Banks and Commercial Paper60,000158,500
Current Portion of Long-Term Debt[2]549,0000
Accounts Payable178,945171,655
Amounts Payable to Customers41921
Dividends Payable43,45241,487
Interest Payable on Long-Term Debt17,37617,376
Customer Advances26,10817,223
Customer Security Deposits24,28319,292
Other Accruals and Current Liabilities257,327194,169
Fair Value of Derivative Financial Instruments785,659616,410
Total Current and Accrued Liabilities1,942,5691,236,133
Other Liabilities  
Deferred Income Taxes698,229660,420
Taxes Refundable to Customers362,098354,089
Cost of Removal Regulatory Liability259,947245,636
Other Regulatory Liabilities188,803200,643
Pension and Other Post-Retirement Liabilities3,0657,526
Asset Retirement Obligations161,545209,639
Other Liabilities116,701135,846
Total Other Liabilities1,790,3881,813,799
Commitments and Contingencies (Note L)00
Total Capitalization and Liabilities$ 7,896,262$ 7,464,825
[1]Netting Adjustments represent the impact of legally-enforceable master netting arrangements that allow the Company to net gain and loss positions held with the same counterparties. The net asset or net liability for each counterparty is recorded as an asset or liability on the Company’s balance sheet.
[2]Current Portion of Long-Term Debt at September 30, 2022 consists of $500.0 million of 3.75% notes and $49.0 million of 7.395% notes that each mature in March 2023. The Company has committed to redeeming $150.0 million of the 3.75% notes on November 25, 2022. None of the Company's long-term debt as of September 30, 2021 had a maturity date within the following twelve-month period.