National Fuel Gas
Market Cap
US$3.8b
Last Updated
2021/01/25 23:18 UTC
Data Sources
Company Financials +
Executive Summary
National Fuel Gas Company operates as a diversified energy company. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with reasonable growth potential.
Similar Companies
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 +/- 4% a week.
Volatility Over Time: NFG's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-5.0%
NFG
-2.3%
US Gas Utilities
2.3%
US Market
1 Year Return
-1.3%
NFG
-21.3%
US Gas Utilities
23.8%
US Market
Return vs Industry: NFG exceeded the US Gas Utilities industry which returned -21.3% over the past year.
Return vs Market: NFG underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| NFG | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | -2.3% | 2.3% |
| 30 Day | -0.2% | -1.3% | 4.8% |
| 90 Day | 1.0% | -1.8% | 16.7% |
| 1 Year | 3.2%-1.3% | -18.4%-21.3% | 26.6%23.8% |
| 3 Year | -16.7%-25.4% | -3.1%-11.8% | 45.0%35.4% |
| 5 Year | 9.7%-7.4% | 25.3%7.8% | 126.2%101.0% |
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
16 hours ago | Simply Wall St
National Fuel Gas'(NYSE:NFG) Share Price Is Down 27% Over The Past Three Years.3 weeks ago | Simply Wall St
Is National Fuel Gas (NYSE:NFG) Using Too Much Debt?1 month ago | Simply Wall St
Here's What To Make Of National Fuel Gas' (NYSE:NFG) Returns On CapitalValuation
Is National Fuel Gas undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NFG ($41.7) is trading above our estimate of fair value ($23.39)
Significantly Below Fair Value: NFG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NFG is unprofitable, so we can't compare its PE Ratio to the US Gas Utilities industry average.
PE vs Market: NFG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NFG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NFG is overvalued based on its PB Ratio (1.9x) compared to the US Gas Utilities industry average (1.8x).
Next Steps
Future Growth
How is National Fuel Gas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
91.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NFG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: NFG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NFG's is expected to become profitable in the next 3 years.
Revenue vs Market: NFG's revenue (13.8% per year) is forecast to grow faster than the US market (10.6% per year).
High Growth Revenue: NFG's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NFG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has National Fuel Gas performed over the past 5 years?
44.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NFG is currently unprofitable.
Growing Profit Margin: NFG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NFG is unprofitable, but has reduced losses over the past 5 years at a rate of 44.4% per year.
Accelerating Growth: Unable to compare NFG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NFG is unprofitable, making it difficult to compare its past year earnings growth to the Gas Utilities industry (14.4%).
Return on Equity
High ROE: NFG has a negative Return on Equity (-6.28%), as it is currently unprofitable.
Next Steps
Financial Health
How is National Fuel Gas's financial position?
Financial Position Analysis
Short Term Liabilities: NFG's short term assets ($314.2M) do not cover its short term liabilities ($459.6M).
Long Term Liabilities: NFG's short term assets ($314.2M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: NFG's debt to equity ratio (134.9%) is considered high.
Reducing Debt: NFG's debt to equity ratio has increased from 103.2% to 134.9% over the past 5 years.
Debt Coverage: NFG's debt is well covered by operating cash flow (27.9%).
Interest Coverage: NFG is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is National Fuel Gas's current dividend yield, its reliability and sustainability?
4.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NFG's dividend (4.27%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: NFG's dividend (4.27%) is in the top 25% of dividend payers in the US market (3.86%)
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: NFG is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: NFG's dividends in 3 years are forecast to be well covered by earnings (38.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Dave Bauer (51 yo)
1.5yrs
Tenure
US$4,959,915
Compensation
Mr. David P. Bauer, also known as Dave, has been President and Chief Executive Officer at National Fuel Gas Company since July 01, 2019. Mr. Bauer served as Treasurer and Principal Financial Officer of Nat...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD3.51M) is about average for companies of similar size in the US market ($USD5.01M).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.5yrs | US$4.96m | 0.066% $ 2.5m | |
| Treasurer & Principal Financial Officer | 1.5yrs | US$1.44m | 0.062% $ 2.4m | |
| Chief Operating Officer | 4.92yrs | US$5.09m | 0.15% $ 5.9m | |
| President of National Fuel Gas Distribution Corporation | 1.92yrs | US$3.49m | 0.094% $ 3.6m | |
| President of Seneca Resources Company | 4.67yrs | US$3.19m | 0.12% $ 4.5m | |
| Controller & Principal Accounting Officer | 1.5yrs | no data | 0.0080% $ 302.2k | |
| Chief Information Officer | 2.08yrs | no data | 0.0016% $ 60.4k | |
| Director of Investor Relations | 3yrs | no data | no data | |
| General Counsel & Secretary | 0.67yr | no data | 0.019% $ 740.9k | |
| President of National Fuel Gas Supply Corporation & President of Empire Pipeline | 12.42yrs | no data | 0.073% $ 2.8m | |
| President of National Fuel Gas Midstream Company LLC | 2.42yrs | no data | 0.022% $ 836.7k | |
| Assistant Secretary | no data | no data | no data |
2.1yrs
Average Tenure
60yo
Average Age
Experienced Management: NFG's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.5yrs | US$4.96m | 0.066% $ 2.5m | |
| Independent Director | 5.58yrs | US$302.59k | 0.021% $ 797.9k | |
| Independent Chairman of the Board | 10.83yrs | US$360.09k | 0.36% $ 13.5m | |
| Independent Director | 4.08yrs | US$284.59k | 0.014% $ 541.7k | |
| Lead Independent Director | 0.83yr | US$316.09k | 0.024% $ 897.5k | |
| Director | 6.83yrs | US$280.09k | 0.64% $ 24.3m | |
| Independent Director | 8.58yrs | US$281.59k | 0.028% $ 1.1m | |
| Independent Director | 0.83yr | US$159.00k | 0.0076% $ 288.5k | |
| Independent Director | 1.58yrs | US$287.59k | 0.0059% $ 223.9k | |
| Independent Director | 2.5yrs | US$286.09k | 0.0089% $ 338.3k | |
| Independent Director | 4.58yrs | US$301.09k | 0.016% $ 626.5k |
4.1yrs
Average Tenure
63yo
Average Age
Experienced Board: NFG's board of directors are considered experienced (4.1 years average tenure).
Ownership
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.6%.
Top Shareholders
Company Information
National Fuel Gas Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: National Fuel Gas Company
- Ticker: NFG
- Exchange: NYSE
- Founded: 1902
- Industry: Gas Utilities
- Sector: Utilities
- Market Cap: US$3.802b
- Shares outstanding: 91.16m
- Website: https://www.nationalfuel.com
Number of Employees
Location
- National Fuel Gas Company
- 6363 Main Street
- Williamsville
- New York
- 14221
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NFG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| NFG | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
Biography
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 | 2021/01/25 23:18 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.