National Fuel Gas (NFG) Earns Daily News Sentiment Rating of 0.12
News stories about National Fuel Gas (NYSE:NFG) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. National Fuel Gas earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media stories about the oil and gas producer an impact score of 47.3931417205496 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Does National Fuel Gas Company’s (NYSE:NFG) Debt Level Pose A Problem? (finance.yahoo.com)
- Stock Valuation: National Fuel Gas Company (NYSE: NFG) (tradingnewsnow.com)
- National Fuel Gas Co. (NFG) Expected to Post Quarterly Sales of $363.37 Million (americanbankingnews.com)
- Analysts Anticipate National Fuel Gas Co. (NFG) to Post $0.66 Earnings Per Share (americanbankingnews.com)
- Audit of National Fuel Gas Distribution Co. management and operations to begin (dailyenergyinsider.com)
A number of equities analysts have commented on the stock. TheStreet upgraded shares of National Fuel Gas from a “c+” rating to a “b-” rating in a research report on Wednesday, August 8th. Zacks Investment Research downgraded shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 27th. Jefferies Financial Group downgraded shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Wednesday, April 25th. ValuEngine downgraded shares of National Fuel Gas from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, US Capital Advisors restated an “overweight” rating on shares of National Fuel Gas in a research report on Tuesday, July 17th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $59.60.
National Fuel Gas (NYSE:NFG) last announced its quarterly earnings results on Thursday, August 2nd. The oil and gas producer reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.65 by $0.08. The business had revenue of $342.90 million during the quarter, compared to the consensus estimate of $380.47 million. National Fuel Gas had a net margin of 25.09% and a return on equity of 15.77%. The business’s revenue was down 1.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.69 EPS. equities research analysts forecast that National Fuel Gas will post 3.38 earnings per share for the current year.
In other news, insider Ronald C. Kraemer sold 3,054 shares of the stock in a transaction dated Tuesday, August 7th. The shares were sold at an average price of $55.47, for a total value of $169,405.38. Following the completion of the transaction, the insider now owns 34,427 shares in the company, valued at approximately $1,909,665.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Paula M. Ciprich sold 4,639 shares of the stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $52.77, for a total transaction of $244,800.03. Following the completion of the transaction, the senior vice president now owns 66,681 shares of the company’s stock, valued at approximately $3,518,756.37. The disclosure for this sale can be found here. Company insiders own 2.43% of the company’s stock.
National Fuel Gas Company Profile
National Fuel Gas Company operates as a diversified energy company. The company operates in five segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. The Exploration and Production segment explores for, develops, and produces natural gas and oil reserves in California in the Appalachian region of the United States.
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