National Fuel Gas (NFG) Getting Somewhat Positive Media Coverage, Analysis Finds
Media stories about National Fuel Gas (NYSE:NFG) have trended somewhat positive on Tuesday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. National Fuel Gas earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the oil and gas producer an impact score of 46.7567400860792 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
National Fuel Gas (NYSE NFG) opened at 57.38 on Tuesday. National Fuel Gas has a 12-month low of $50.61 and a 12-month high of $61.25. The company has a market cap of $4.91 billion, a PE ratio of 17.87 and a beta of 0.95. The stock has a 50 day moving average of $57.94 and a 200-day moving average of $57.34.
National Fuel Gas (NYSE:NFG) last posted its quarterly earnings data on Thursday, August 3rd. The oil and gas producer reported $0.69 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.69. National Fuel Gas had a return on equity of 18.31% and a net margin of 17.38%. The company had revenue of $348.37 million during the quarter, compared to analyst estimates of $373.86 million. During the same quarter last year, the company earned $0.68 earnings per share. On average, equities research analysts anticipate that National Fuel Gas will post $3.32 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be paid a $0.415 dividend. The ex-dividend date is Thursday, September 28th. This represents a $1.66 dividend on an annualized basis and a yield of 2.89%. National Fuel Gas’s dividend payout ratio is currently 51.71%.
Several research firms have weighed in on NFG. Jefferies Group LLC restated a “hold” rating and set a $54.00 target price (up from $52.00) on shares of National Fuel Gas in a research note on Friday, September 1st. BidaskClub raised National Fuel Gas from a “hold” rating to a “buy” rating in a report on Monday, June 19th. TheStreet upgraded National Fuel Gas from a “c+” rating to a “b” rating in a research note on Friday, June 16th. Finally, Scotiabank set a $60.00 price target on National Fuel Gas and gave the company a “hold” rating in a research note on Tuesday, August 22nd. Six investment analysts have rated the stock with a hold rating, The stock currently has a consensus rating of “Hold” and a consensus target price of $59.67.
National Fuel Gas Company Profile
National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.
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