Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
NFG 
National Fuel Gas Company (NFG)
Today’s top pick
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: NFG (3-star) is a STRONG-BUY. BUY since 87 days. Profits (26.13%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 14.77% | Avg. Invested days 47 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.24B USD | Price to earnings Ratio - | 1Y Target Price 80.75 |
Price to earnings Ratio - | 1Y Target Price 80.75 | ||
Volume (30-day avg) 689028 | Beta 0.59 | 52 Weeks Range 49.79 - 80.14 | Updated Date 04/2/2025 |
52 Weeks Range 49.79 - 80.14 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 2.58% | Basic EPS (TTM) -0.11 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -0.53% | Operating Margin (TTM) 42.88% |
Management Effectiveness
Return on Assets (TTM) 5.69% | Return on Equity (TTM) -0.35% |
Valuation
Trailing PE - | Forward PE 11.82 | Enterprise Value 10066790405 | Price to Sales(TTM) 3.68 |
Enterprise Value 10066790405 | Price to Sales(TTM) 3.68 | ||
Enterprise Value to Revenue 5.11 | Enterprise Value to EBITDA 17.99 | Shares Outstanding 90552200 | Shares Floating 89287287 |
Shares Outstanding 90552200 | Shares Floating 89287287 | ||
Percent Insiders 1.22 | Percent Institutions 77.5 |
Analyst Ratings
Rating 3.33 | Target Price 71.25 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold 3 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
National Fuel Gas Company
Company Overview
History and Background
National Fuel Gas Company was founded in 1902. It has evolved from a collection of small natural gas companies to an integrated energy company with operations across multiple states, primarily focusing on natural gas production, transportation, distribution, and energy marketing.
Core Business Areas
- Exploration and Production: Involves the exploration, development, and production of natural gas and oil reserves. Operates primarily in the Appalachian region.
- Pipeline and Storage: Owns and operates interstate natural gas pipelines and underground storage facilities, transporting gas to various markets.
- Utility: Distributes natural gas to residential, commercial, and industrial customers in western New York and northwestern Pennsylvania.
- Energy Marketing: Markets natural gas to wholesale and retail customers.
Leadership and Structure
The leadership team consists of the President and CEO, along with senior vice presidents overseeing various business segments. The organizational structure is divided by business segment, each with its own management team.
Top Products and Market Share
Key Offerings
- Market Share (%): 21
- Natural Gas Distribution: Delivers natural gas to over 750,000 customers in its service territories. Market share varies by region. Competitors include other utility companies and alternative energy sources like electricity and propane.
- Market Share (%): 19
- Natural Gas Transportation: Transports natural gas through its pipeline network. Revenue is based on transportation volumes and rates. Competitors are other interstate pipeline companies.
- Market Share (%): 5
- Natural Gas Production: Produces natural gas and oil reserves in the Appalachian Basin. Revenue is dependent on natural gas and oil prices and production volumes. Competitors include other natural gas and oil producers.
Market Dynamics
Industry Overview
The natural gas industry is influenced by factors such as supply and demand, weather patterns, regulatory policies, and energy prices. The industry is undergoing a transition with increased focus on renewable energy and decarbonization.
Positioning
National Fuel Gas Company is positioned as an integrated natural gas company with a diversified business model. Its competitive advantages include its integrated operations and strategic asset base in the Appalachian region.
Total Addressable Market (TAM)
The TAM for natural gas distribution and transportation is estimated to be hundreds of billions of dollars annually in the US. National Fuel Gas Company's positioning allows it to capture a portion of this TAM through its regional operations and integrated business model.
Upturn SWOT Analysis
Strengths
- Integrated business model
- Strategic asset base in the Appalachian region
- Stable utility operations
- Experienced management team
- Strong dividend history
Weaknesses
- Exposure to commodity price volatility
- Dependence on regulatory approvals
- Geographic concentration in the Appalachian region
- Potential environmental liabilities
- Limited diversification outside of natural gas
Opportunities
- Expansion of pipeline infrastructure
- Growth in natural gas demand
- Development of renewable energy projects
- Acquisition of complementary businesses
- Increased focus on ESG initiatives
Threats
- Increased competition from renewable energy sources
- Changes in regulatory policies
- Environmental concerns
- Economic downturns
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- EQT
- CNP
- UGI
Competitive Landscape
National Fuel Gas Company faces competition from other integrated energy companies, as well as independent natural gas producers and pipeline operators. Its competitive advantages include its integrated operations and strategic asset base.
Major Acquisitions
Seneca Resources Company, LLC
- Year: 2015
- Acquisition Price (USD millions): 541
- Strategic Rationale: Expanded exploration and production assets in the Marcellus Shale.
Growth Trajectory and Initiatives
Historical Growth: National Fuel Gas Company has experienced moderate growth in revenue and earnings over the past years.
Future Projections: Analysts project continued moderate growth in revenue and earnings, driven by increased natural gas demand and expansion of pipeline infrastructure.
Recent Initiatives: Recent strategic initiatives include investments in pipeline modernization, expansion of natural gas production, and exploration of renewable energy opportunities.
Summary
National Fuel Gas Company has maintained steady performance through its vertically integrated operations, bolstered by its strategic position in the Appalachian region. This integration gives it good control over its costs and exposure to natural gas price volatility. While the company is solid it needs to watch the growing push for renewable energy, which could impact demand for natural gas over time and cyber security threats.
Similar Companies
CNP
CenterPoint Energy Inc
CNP
CenterPoint Energy Inc
D
Dominion Energy Inc
D
Dominion Energy Inc
EQT
EQT Corporation
EQT
EQT Corporation
NEE
Nextera Energy Inc
NEE
Nextera Energy Inc
UGI
UGI Corporation
UGI
UGI Corporation
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Investor Presentations
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be considered investment advice. Market share data are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About National Fuel Gas Company
Exchange NYSE | Headquaters Williamsville, NY, United States | ||
IPO Launch date 1987-09-01 | President, CEO & Director Mr. David P. Bauer | ||
Sector Energy | Industry Oil & Gas Integrated | Full time employees 2311 | Website https://www.nationalfuel.com |
Full time employees 2311 | Website https://www.nationalfuel.com | ||
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 Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and storage services through its underground natural gas storage fields. This segment also transports and stores natural gas for National Fuel Gas Distribution Corporation, as well as for utilities, industrial companies, and power producers in New York State. The Gathering segment builds, owns, and operates gathering facilities in the Appalachian region, as well as provides gathering services to Seneca. The Utility segment sells natural gas to retail customers; and provides natural gas utility services to various customers in Buffalo, Niagara Falls, and Jamestown, New York, as well as in Erie and Sharon, Pennsylvania. National Fuel Gas Company was incorporated in 1902 and is headquartered in Williamsville, New York.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.