National Fuel Gas Company operates as a diversified energy company. More Details
High growth potential with adequate balance sheet and pays a dividend.
Share Price & News
How has National Fuel Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NFG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NFG's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Gas Utilities
1 Year Return
US Gas Utilities
Return vs Industry: NFG exceeded the US Gas Utilities industry which returned 10.8% over the past year.
Return vs Market: NFG underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is National Fuel Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StNational Fuel Gas (NYSE:NFG) Shareholders Have Enjoyed A 23% Share Price Gain
3 weeks ago | Simply Wall StHere's What To Make Of National Fuel Gas' (NYSE:NFG) Decelerating Rates Of Return
1 month ago | Simply Wall StNational Fuel Gas (NYSE:NFG) Is Increasing Its Dividend To US$0.46
Is National Fuel Gas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NFG ($51.43) is trading above our estimate of fair value ($47.99)
Significantly Below Fair Value: NFG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NFG is poor value based on its PE Ratio (54x) compared to the US Gas Utilities industry average (18.7x).
PE vs Market: NFG is poor value based on its PE Ratio (54x) compared to the US market (18x).
Price to Earnings Growth Ratio
PEG Ratio: NFG is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: NFG is overvalued based on its PB Ratio (2.2x) compared to the US Gas Utilities industry average (1.8x).
How is National Fuel Gas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NFG's forecast earnings growth (37.7% per year) is above the savings rate (2%).
Earnings vs Market: NFG's earnings (37.7% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NFG's revenue (10.4% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: NFG's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NFG's Return on Equity is forecast to be high in 3 years time (26.7%)
How has National Fuel Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NFG has a large one-off loss of $290.9M impacting its March 31 2021 financial results.
Growing Profit Margin: NFG's current net profit margins (5.4%) are lower than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: NFG has become profitable over the past 5 years, growing earnings by 24% per year.
Accelerating Growth: NFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NFG had negative earnings growth (-6.2%) over the past year, making it difficult to compare to the Gas Utilities industry average (24.6%).
Return on Equity
High ROE: NFG's Return on Equity (4.1%) is considered low.
How is National Fuel Gas's financial position?
Financial Position Analysis
Short Term Liabilities: NFG's short term assets ($457.2M) exceed its short term liabilities ($403.0M).
Long Term Liabilities: NFG's short term assets ($457.2M) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: NFG's debt to equity ratio (124.2%) is considered high.
Reducing Debt: NFG's debt to equity ratio has reduced from 128.6% to 124.2% over the past 5 years.
Debt Coverage: NFG's debt is well covered by operating cash flow (29.4%).
Interest Coverage: NFG's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is National Fuel Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NFG's dividend (3.54%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: NFG's dividend (3.54%) is low compared to the top 25% of dividend payers in the US market (3.54%).
Stability and Growth of Payments
Stable Dividend: NFG's dividends per share have been stable in the past 10 years.
Growing Dividend: NFG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (187%), NFG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NFG's dividends in 3 years are forecast to be well covered by earnings (39.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Bauer (52 yo)
Mr. David P. Bauer, also known as Dave, has been President and Chief Executive Officer at National Fuel Gas Company since July 01, 2019. Mr. Bauer served as Treasurer and Principal Financial Officer of Nat...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.96M) is about average for companies of similar size in the US market ($USD5.31M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: NFG's management team is considered experienced (2 years average tenure).
Experienced Board: NFG's board of directors are considered experienced (4.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
National Fuel Gas Company's company bio, employee growth, exchange listings and data sources
- Name: National Fuel Gas Company
- Ticker: NFG
- Exchange: NYSE
- Founded: 1902
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: US$4.689b
- Shares outstanding: 91.17m
- Website: https://www.nationalfuel.com
Number of Employees
- National Fuel Gas Company
- 6363 Main Street
- New York
- United States
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 Producti...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 00:21|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.