NFG · National Fuel Gas Co
Market Cap
$7.88B
Shares
95.05M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$82.87
Open$82.82
Day$81.93–83.28
52W close$75.89–96.30
Avg vol 30d607K
Short int5.1M · 5.4% float · 8.5d
Short vol58%
Last earningsJul 30, 2026
DataJan 2020–Aug 2026
Filing10-Q · Jul 30
Up next
Next earnings call
Oct 29, 2026
Est · unconfirmed
· in 9 wks
FQ4-26 quarter ends
~Sep 30, 2026
Est
filed Jul 30, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Weak
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Very Low
Market backdrop
VIX 14.4 · calm
Equity put/call 0.39
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−1%
below
Price vs 50-day avg
+3%
above
RSI (14)
55
neutral
MACD trend
Positive
52-week position
34%
mid-range
Momentum
relative strength
1-month return
0%
trailing
6-month return
−11%
trailing
YTD return
+4%
this year
Relative strength
−26%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $81 › 200d $84 — 200d above 50d
Institutional flow
Distributing
-1% holders QoQ · +92 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
5.42% of float · ▼ -3.2% MoM · 8.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
650 holders — near 3-yr high, broad support
Squeeze score
62
elevated · 0–100
Fundamentals
Revenue growth
+17%
Y/Y
EPS growth
+576%
Y/Y
Free cash flow
$187.2M
Buyback
$200.0M
authorized
Balance sheet
$2.8B
net debt
Quant / Vol
risk profile
Volatility
20%
annualized · 1-yr
Max drawdown
−21%
past year
ATR
1.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Jul 30, 2026
fiscal 2026
Adjusted earnings per share
Non-GAAP
Lowered
$7.40 – $7.60
Nov 6, 2025
$7.60 – $8.10
changed to
Jul 30, 2026
$7.40 – $7.60
Integrated Upstream and Gathering segment capital expenditure
Initiated
$580M – $605M
Consolidated Effective Tax Rate
Maintained
25.5%
Apr 30, 2026
25.5%
changed to
Jul 30, 2026
25.5%
Gathering Operation and Maintenance Expense (/Mcf)
Initiated
$0
Upstream General and Administrative Expense (/Mcf)
Initiated
$0
Lease Operating Expense (/Mcf)
Initiated
$0 – $0
Depreciation, Depletion and Amortization (/Mcf)
Initiated
$1 – $1
Discretionary Land Acquisition Spending (current fiscal year)
Initiated
$20M – $40M
next two years
Discretionary land capital
$100M – $200M
Discretionary Land Acquisition Spending (next two years)
$100M – $200M
fiscal 2026 remaining three months
NYMEX natural gas price (per MMBtu)
$3
Appalachian basin spot price (per MMBtu)
$2
Prior guidance
period ended
· from the 8-K filed Jul 31, 2025
Adjusted earnings per share
· fiscal 2025
$6.80 – $6.95
Guided vs delivered
· last 3 settled
Earnings guidance
fiscal 2024
guided $5.40 – $5.90
$0.84
Miss −85.1%
Earnings guidance
fiscal 2023
guided $5.15 – $5.25
$5.17
In line
Earnings guidance
fiscal 2022
guided $5.85 – $5.95
$6.15
Beat +4.2%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−1%
Neutral
Price vs 50-day avg
+3%
Bullish
RSI (14)
55
Neutral
MACD trend
Positive
Bullish
52-week position
34%
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $81 › 200d $84 — 200d above 50d
Institutional flow
Distributing
-1% holders QoQ · +92 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
5.42% of float · ▼ -3.2% MoM · 8.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
650 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $76
Now $83 · 34%
Range high $96
vs 200-day avg -1%
vs 50-day avg +3%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted diluted shares non-GAAP | 91,333,969 | third quarter 2026 | — |
| Adjusted Earnings non-GAAP | 575.9M | Nine Months Ended June 30, 2026 | — |
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| Adjusted Earnings Per Share non-GAAP | $6.31 | Nine Months Ended June 30, 2026 | — |
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| Adjusted EBITDA non-GAAP | 1.2B | Nine Months Ended June 30, 2026 | — |
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| Adjusted Gathering Operation and Maintenance Expense per Mcf non-GAAP | $0.12 | Nine Months Ended June 30, 2026 | — |
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| Corporate and All Other Adjusted EBITDA non-GAAP | -16.72M | Nine Months Ended June 30, 2026 | — |
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| Depreciation, Depletion and Amortization per Mcf | $0.79 | Nine Months Ended June 30, 2026 | — |
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| Free Cash Flow non-GAAP | $280.32M | Nine Months Ended June 30, 2026 | — |
| Integrated Upstream and Gathering Adjusted EBITDA non-GAAP | 819.41M | Nine Months Ended June 30, 2026 | — |
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| Lease Operating Expense per Mcf | $0.16 | Nine Months Ended June 30, 2026 | — |
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| Nine months ended June 30, 2026 adjusted earnings non-GAAP | $575.9M | NINE MONTHS ENDED JUNE 30, 2026 | — |
| Pipeline and Storage Adjusted EBITDA non-GAAP | 209.89M | Nine Months Ended June 30, 2026 | — |
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| Pipeline and Storage Throughput - Firm Transportation - Affiliated (MMcf) | 97,184 | Nine Months Ended June 30, 2026 | — |
| Pipeline and Storage Throughput - Firm Transportation - Non-Affiliated (MMcf) | 543,183 | Nine Months Ended June 30, 2026 | — |
| Pipeline and Storage Throughput - Interruptible Transportation (MMcf) | 1,543 | Nine Months Ended June 30, 2026 | — |
| Production (MMcf) - Appalachia | 315,470 | Nine Months Ended June 30, 2026 | — |
| Third quarter 2026 adjusted earnings non-GAAP | $140.98M | QUARTER ENDED JUNE 30, 2026 | — |
| Third quarter 2026 adjusted earnings per share non-GAAP | $1.54 | QUARTER ENDED JUNE 30, 2026 | — |
| Upstream General and Administrative Expense per Mcf | $0.18 | Nine Months Ended June 30, 2026 | — |
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| Utility Adjusted EBITDA non-GAAP | 191.56M | Nine Months Ended June 30, 2026 | — |
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| Utility Throughput - Commercial Sales (MMcf) | 10,389 | Nine Months Ended June 30, 2026 | — |
| Utility Throughput - Industrial Sales (MMcf) | 590 | Nine Months Ended June 30, 2026 | — |
| Utility Throughput - Residential Sales (MMcf) | 64,029 | Nine Months Ended June 30, 2026 | — |
| Utility Throughput - Transportation (MMcf) | 57,927 | Nine Months Ended June 30, 2026 | — |
| Weighted Average after Hedging (Per Mcf) | $3.05 | Nine Months Ended June 30, 2026 | — |
| Weighted Average Price (Per Mcf) | $2.97 | Nine Months Ended June 30, 2026 | — |
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| Adjusted EPS non-GAAP | $2.71 | Three Months Ended March 31 | — |
| Corporate and All Other net loss | 1.3M | the second quarter | — |
| Incremental capacity | 94,000 | Line N System Upgrade Project | — |
| Integrated Upstream and Gathering Adjusted Earnings non-GAAP | 152.03M | the second quarter | — |
| Integrated Upstream and Gathering segment adjusted EPS non-GAAP | $1.67 | second quarter | — |
| Natural gas production | 102 | Three Months Ended March 31 | — |
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| Pipeline and Storage Throughput (Total) | 461,627 | Six Months Ended March 31, 2026 | — |
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| Production (Appalachia) | 211,185 | Six Months Ended March 31, 2026 | — |
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| Seneca weighted average realized natural gas price, after the impact of hedging and transportati | $3.45 | the second quarter | — |
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| Total Capital Expenditures | 455.68M | Six Months Ended March 31, 2026 | — |
| Utility Throughput (Total) | 109,571 | Six Months Ended March 31, 2026 | — |
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| Weighted Average Price (after Hedging) | $3.16 | Six Months Ended March 31, 2026 | — |
| Weighted average realized natural gas price | $3.45 | Three Months Ended March 31 | — |
| Adjusted Gathering Operation and Maintenance Expense non-GAAP | $0.1 | Three Months Ended December 31, 2025 | — |
| Adjusted Total Cash Operating Costs non-GAAP | $0.5 | Three Months Ended December 31, 2025 | — |
| Adjusted Total Operating Costs non-GAAP | $1.27 | Three Months Ended December 31, 2025 | — |
| Capital Expenditures - Corporate | 176K | Three Months Ended December 31, 2025 | — |
| Capital Expenditures - Integrated Upstream and Gathering | 141.85M | Three Months Ended December 31, 2025 | — |
| Capital Expenditures - Pipeline and Storage | 37.6M | Three Months Ended December 31, 2025 | — |
| Capital Expenditures - Total | 222.72M | Three Months Ended December 31, 2025 | — |
| Capital Expenditures - Total Reportable Segments | 222.55M | Three Months Ended December 31, 2025 | — |
| Capital Expenditures - Utility | 43.09M | Three Months Ended December 31, 2025 | — |
| Commercial Sales | 3,548 | Three Months Ended December 31, 2025 | — |
| Firm Transportation - Affiliated | 34,532 | Three Months Ended December 31, 2025 | — |
| Firm Transportation - Non-Affiliated | 179,541 | Three Months Ended December 31, 2025 | — |
| Industrial Sales | 190 | Three Months Ended December 31, 2025 | — |
| Integrated Upstream and Gathering Segment Adjusted Earnings non-GAAP | $124.05M | Three Months Ended December 31 | — |
| Integrated Upstream and Gathering Segment Adjusted EBITDA non-GAAP | $268.44M | Three Months Ended December 31 | — |
| Interruptible Transportation | 25 | Three Months Ended December 31, 2025 | — |
| Lease Operating Expense non-GAAP | $0.15 | Three Months Ended December 31, 2025 | — |
| Residential Sales | 21,841 | Three Months Ended December 31, 2025 | — |
| Upstream General and Administrative Expense non-GAAP | $0.18 | Three Months Ended December 31, 2025 | — |
| Utility Throughput - Retail Sales Total | 25,579 | Three Months Ended December 31, 2025 | — |
| Utility Throughput - Transportation | 19,670 | Three Months Ended December 31, 2025 | — |
| Weighted Average after Hedging | $2.89 | Three Months Ended December 31, 2025 | — |
| Weighted average realized natural gas price (after hedging and transportation costs) | $2.89 | first quarter | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Integrated — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NFG
this stock
National Fuel Gas Co
|
$7.88B | +3.5% | +17.1% | 11.5 | 5.4% |
|
XOM
ExxonMobil Holdings Corp
|
$644.38B | +30.0% | -5.0% | 20.1 | 0.9% |
|
CVX
Chevron Corp
|
$396.15B | +32.4% | -6.8% | 19.3 | 0.8% |
|
PCCYF
Petrochina Co Ltd
|
$310.42B | +17.3% | — | — | 0.0% |
|
SHEL
Shell plc
|
$249.78B | +23.4% | — | — | 0.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NFG | -1.3% | +0.5% | -10.8% | +0.7% | +3.5% |
| SPY | +1.1% | +4.0% | +14.7% | +3.2% | +13.1% |
| vs SPY | -2.4% | -3.5% | -25.5% | -2.5% | -9.6% |
Capital returns
Latest dividend
$0.555
/ share · ex Jun 30, 2026
Paid (TTM)
$2.16
/ share · 4 payouts
Dividend yield (TTM, derived)
2.61%
Buyback program
· as of Mar 8, 2024
Authorized
$200.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
70145
CUSIP
636180101
13F (30d)
448 filings
445 filers
Visit website
Investor relations