National Fuel Gas Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:NFG Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Dec 24	SellUS$625,770	Donna DeCarolis	Individual	10,000	US$62.58
02 Dec 24	SellUS$1,074,820	Justin Loweth	Individual	17,261	US$62.27
25 Sep 24	SellUS$103,312	Michael Reville	Individual	1,700	US$60.77
14 Aug 24	SellUS$448,791	Ronald Kraemer	Individual	7,639	US$58.75
21 Jun 24	SellUS$348,548	Michael Reville	Individual	6,357	US$54.83
27 Mar 24	SellUS$23,724	Michael Reville	Individual	450	US$52.72

Insider Trading Volume

Insider Buying: NFG insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of NFG?
Owner Type	Number of Shares	Ownership Percentage
State or Government	156,393	0.172%
Individual Insiders	1,302,833	1.43%
General Public	18,981,832	20.9%
Institutions	70,381,752	77.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 59.09% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.4%	The Vanguard Group, Inc.	13,081,261	US$784.0m	-1.69%	0.01%
9.45%	BlackRock, Inc.	8,581,789	US$514.3m	1.87%	0.01%
4.29%	GAMCO Investors, Inc.	3,893,915	US$233.4m	-0.12%	0.94%
4.25%	State Street Global Advisors, Inc.	3,861,626	US$231.4m	-3.37%	0.01%
2.75%	Victory Capital Management Inc.	2,498,205	US$149.7m	44.2%	0.14%
2.42%	Energy Income Partners LLC	2,195,025	US$131.5m	-2.34%	2.59%
2.29%	Geode Capital Management, LLC	2,082,436	US$124.8m	-2.15%	0.01%
2.03%	JP Morgan Asset Management	1,845,442	US$110.6m	-31.9%	0.01%
1.86%	LSV Asset Management	1,685,498	US$101.0m	-0.03%	0.2%
1.45%	First Trust Advisors LP	1,320,268	US$79.1m	-4.82%	0.07%
1.37%	Equity Investment Corporation	1,245,411	US$74.6m	-0.11%	1.78%
1.32%	BNY Asset Management	1,196,847	US$71.7m	-5.03%	0.01%
1.16%	Thompson, Siegel & Walmsley LLC	1,052,128	US$63.1m	-8.98%	0.72%
1.09%	SEI Investments Management Corporation	991,938	US$59.4m	-1.08%	0.11%
1.06%	Norges Bank Investment Management	962,101	US$57.7m	0%	no data
1.05%	Eaton Vance Management	954,554	US$57.2m	14.8%	0.01%
1.04%	Dimensional Fund Advisors LP	945,831	US$56.7m	1.62%	0.01%
1.01%	Charles Schwab Investment Management, Inc.	920,918	US$55.2m	0.86%	0.01%
0.98%	AQR Capital Management, LLC	892,807	US$53.5m	1.61%	0.07%
0.81%	Northern Trust Global Investments	739,215	US$44.3m	10.4%	0.01%
0.69%	Mellon Investments Corporation	626,661	US$37.6m	1.08%	0.03%
0.64%	Poplar Forest Capital LLC	577,763	US$34.6m	-1.48%	4.86%
0.62%	ProShare Advisors LLC	562,231	US$33.7m	-3.19%	0.08%
0.56%	Columbia Management Investment Advisers, LLC	512,694	US$30.7m	-0.03%	0.01%
0.48%	Invesco Capital Management LLC	438,296	US$26.3m	-33.7%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:29
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

National Fuel Gas Company is covered by 26 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Argus Research Company
Jim Harmon	Barclays
Carl Kirst	BMO Capital Markets Equity Research