National Fuel Gas Company Declares Quarterly Dividend of $0.54 (NYSE:NFG)

National Fuel Gas Company (NYSE:NFG) announced a quarterly dividend on Thursday, March 12th. Investors of record on Tuesday, March 31st will be paid a dividend of 0.535 per share by the oil and gas producer on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, March 31st.

National Fuel Gas has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 55 years. National Fuel Gas has a dividend payout ratio of 25.3% indicating that its dividend is sufficiently covered by earnings. Analysts expect National Fuel Gas to earn $7.79 per share next year, which means the company should continue to be able to cover its $2.14 annual dividend with an expected future payout ratio of 27.5%.

National Fuel Gas Trading Up 1.5%

NYSE:NFG opened at $93.79 on Friday. The firm has a market cap of $8.91 billion, a P/E ratio of 13.08, a PEG ratio of 1.19 and a beta of 0.57. National Fuel Gas has a 12-month low of $69.93 and a 12-month high of $94.69. The stock’s 50 day simple moving average is $85.42 and its 200-day simple moving average is $84.49. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58.

National Fuel Gas (NYSE:NFG) last issued its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.15. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The company had revenue of $651.51 million for the quarter, compared to the consensus estimate of $650.70 million. During the same quarter in the prior year, the company earned $1.66 EPS. The firm’s quarterly revenue was up 18.6% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Equities analysts anticipate that National Fuel Gas will post 6.64 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently weighed in on NFG. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Scotiabank set a $101.00 target price on National Fuel Gas in a research report on Wednesday, January 21st. Finally, Zacks Research raised shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $104.00.

National Fuel Gas Company Profile

National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.

In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques.