Latest news with #NFG
Yahoo
3 days ago
- Business
- Yahoo
BofA Upgrades National Fuel Gas Company (NFG) to ‘Buy'; Raises PT to $107
National Fuel Gas Company (NYSE:NFG) is included in our list of the 13 Hot Oil Stocks to Buy Now. A sunset view of an oil and gas refinery located in the San Juan Basin, United States. On July 16, 2025, BofA Securities upgraded National Fuel Gas Company (NYSE:NFG) from 'Underperform' to 'Buy', lifting its price target from $85 to $107. This upgrade comes at a time when the company's share price is nearing its 52-week high. The analyst's bullish stance is attributed to the significant improvement in the company's Eastern Development Area's productivity, acquired from Shell in 2020. Recent drilling results indicate output of 2.6 bcf per thousand feet, which is 16% above the company's forecasts. This positions the company for a more capital-efficient program through 2030. Looking ahead, National Fuel Gas Company (NYSE:NFG) projects a 5% production CAGR, surpassing the 3% consensus estimate. Furthermore, it expects a 10% reduction in drilling and completion Capex from $504 million to $422 million by 2027. National Fuel Gas Company (NYSE:NFG) is focused on the exploration, production, and distribution of natural gas and oil. It is included in our list of the hot stocks to buy. While we acknowledge the potential of NFG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and 7 Best Potash Stocks to Buy According to Analysts. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
National Fuel Gas Company (NFG) Reports Q3 FY2025 Results
Drawing significant hedge fund interest, National Fuel Gas Company (NYSE:NFG) secures a spot on our list of the 13 Best Oil Refinery Stocks to Buy Right Now. An oil tanker heading out to sea, a symbol of the company's processes and operations. National Fuel Gas Company (NYSE:NFG) announced results for Q3 FY2025 on July 30, 2025. The company recorded adjusted EPS of $1.65, a 66% increase YoY. Higher gas prices, lower costs, and record production of 112 billion cubic feet (Bcf) in its Eastern Development Area boosted the company's earnings. Furthermore, its Exploration and Production segment recorded a 157% surge in its adjusted earnings. Meanwhile, under its Pipeline and Storage segment, the Tioga Pathway Project received FERC approval, expected to start operations in late 2026, while the Shippingport Lateral Project was also announced. Looking ahead, the company increased its full-year EPS guidance midpoint to $6.88. National Fuel Gas Company (NYSE:NFG) also expects EPS growth of 20% next year, based on a $4.00 NYMEX gas price. The quarter also included a 4% dividend increase, marking the 55th consecutive year of dividend increase. The company expects a 6% production lift, continued cost improvements, and a $110 million growth in regulated capital spending in the future, supporting its long-term rate base growth and shareholder value creation. National Fuel Gas Company (NYSE:NFG), a diversified energy company, explores for, develops, and produces natural gas and oil. While we acknowledge the potential of NFG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Cheap Value Stocks to Buy Now According to Warren Buffett and 7 Best Potash Stocks to Buy According to Analysts. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-08-2025
- Business
- Yahoo
Results: National Fuel Gas Company Exceeded Expectations And The Consensus Has Updated Its Estimates
National Fuel Gas Company (NYSE:NFG) came out with its third-quarter results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. It looks to have been a bit of a mixed result. While revenues of US$532m fell 10% short of what the analysts had predicted, statutory earnings per share (EPS) of US$1.64 exceeded expectations by 9.5%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. After the latest results, the four analysts covering National Fuel Gas are now predicting revenues of US$2.84b in 2026. If met, this would reflect a huge 30% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 214% to US$8.45. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.84b and earnings per share (EPS) of US$8.45 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. View our latest analysis for National Fuel Gas The analysts reconfirmed their price target of US$95.00, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values National Fuel Gas at US$107 per share, while the most bearish prices it at US$86.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth. Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that National Fuel Gas' rate of growth is expected to accelerate meaningfully, with the forecast 23% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 5.6% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.8% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect National Fuel Gas to grow faster than the wider industry. The Bottom Line The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for National Fuel Gas going out to 2027, and you can see them free on our platform here.. Even so, be aware that National Fuel Gas is showing 4 warning signs in our investment analysis , you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-08-2025
- Business
- Yahoo
National Fuel Gas Q3 Earnings Top Estimates, Revenues Increase Y/Y
National Fuel Gas Company NFG reported third-quarter fiscal 2025 adjusted operating earnings of $1.64 per share, which surpassed the Zacks Consensus Estimate of $1.50 by 9.3%. The bottom line also increased 65.7% from the year-ago quarter's reported figure of 99 cents. GAAP earnings for the quarter were $1.64 per share against a loss of 59 cents in the year-ago quarter. NFG's Total Revenues NFG reported sales of $531.8 million, which missed the Zacks Consensus Estimate of $617 million by 13.8%. However, the top line increased 27.4% from the prior-year recorded figure of $417.4 million. National Fuel Gas Company Price, Consensus and EPS Surprise National Fuel Gas Company price-consensus-eps-surprise-chart | National Fuel Gas Company Quote NFG's Segmental Revenues Utility: Revenues totaled $157.4 million, up 26.1% from $124.8 million in the year-ago and Production and Other: Revenues totaled $303.9 million, up 37.6% from $220.9 million in the year-ago and Storage and Gathering: Revenues amounted to $70.5 million, reflecting a 1.7% decrease from $71.7 million recorded in the year-ago quarter. Highlights of NFG's Q3 Release Total operating expenses decreased 35.7% year over year to $301.6 million. Operating income totaled $230.3 million against an operating loss of $51.4 million in the year-ago quarter. Interest expense on long-term debt totaled $34.3 million, up 4.3% from the year-ago figure of $32.9 the fiscal third quarter, Seneca produced 112 billion cubic feet (Bcf) of natural gas, reflecting an increase of 15 Bcf, or 16%, from the prior-year level. Two highly prolific Utica pads turned in line this year in the EDA's Tioga County were the main drivers behind this increase in production. NFG's Financial Highlights As of June 30, 2025, National Fuel Gas had cash and temporary cash investments of $39.3 million compared with $38.2 million as of Sept. 30, cash provided by operating activities for the first nine months of fiscal 2025 totaled $862.3 million compared with $868 million in the year-ago expenditures amounted to $627.3 million in the first nine months of fiscal 2025 compared with $684.2 million in the year-ago period. NFG's Guidance NFG has revised its guidance for fiscal 2025 adjusted earnings per share to $6.80-$6.95 from $6.75-$7.05. This updated range incorporates third-quarter results as well as lower expected realized natural gas prices for the remaining three months, largely offset by expected higher production and lower unit costs in the Exploration and Production segment. The Zacks Consensus Estimate is pegged at $6.80, which is the lower end of the company's revised guided range. The company now expects capital expenditure for fiscal 2025 to be in the $890-$955 million band compared with the earlier projection of $885-$960 million. Production for fiscal 2025 is now expected to be in the range of 420-425 Bcf compared with the previous estimate of 415-425 Bcf. NFG's Zacks Rank National Fuel Gas currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Upcoming Releases ONE Gas, Inc. OGS is slated to report second-quarter 2025 results on Aug. 5, after market close. The Zacks Consensus Estimate for earnings is pegged at 53 cents per long-term (three to five years) earnings growth rate is 5.56%. The Zacks Consensus Estimate for second-quarter sales is pinned at $404.11 million. Atmos Energy Corporation ATO is slated to report third-quarter fiscal 2025 results on Aug. 6, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.17 per long-term earnings growth rate is 7.32%. It delivered an average earnings surprise of 2.6% in the past four quarters. UGI Corporation UGI is slated to report third-quarter fiscal 2025 results on Aug. 6, after market close. The Zacks Consensus Estimate for earnings is pegged at a loss of 12 cents per long-term earnings growth rate is 6.7%. The company delivered an average earnings surprise of 75.7% in the past four quarters. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Atmos Energy Corporation (ATO) : Free Stock Analysis Report UGI Corporation (UGI) : Free Stock Analysis Report National Fuel Gas Company (NFG) : Free Stock Analysis Report ONE Gas, Inc. (OGS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
31-07-2025
- Business
- Yahoo
Compared to Estimates, National Fuel Gas (NFG) Q3 Earnings: A Look at Key Metrics
For the quarter ended June 2025, National Fuel Gas (NFG) reported revenue of $531.83 million, up 27.4% over the same period last year. EPS came in at $1.64, compared to $0.99 in the year-ago quarter. The reported revenue represents a surprise of -13.82% over the Zacks Consensus Estimate of $617.15 million. With the consensus EPS estimate being $1.50, the EPS surprise was +9.33%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how National Fuel Gas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Production: 111,588.00 MMcfe compared to the 109,269.00 MMcfe average estimate based on two analysts. Total Production - Gas: 111,588.00 MMcf versus 109,269.00 MMcf estimated by two analysts on average. Total Operating Revenues- Pipeline and Storage: $70.5 million compared to the $106.61 million average estimate based on two analysts. The reported number represents a change of -33.1% year over year. Total Operating Revenues- Gathering: $157.52 million versus $66.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +162% change. Total Operating Revenues- Utility: $157.45 million versus the two-analyst average estimate of $146.55 million. The reported number represents a year-over-year change of +26%. Intersegment Revenues- Gathering: $65.35 million compared to the $65.2 million average estimate based on two analysts. The reported number represents a change of +15.7% year over year. Revenue from External Customers- Pipeline and Storage: $67.98 million compared to the $67.36 million average estimate based on two analysts. The reported number represents a change of -0.1% year over year. Revenue from External Customers- Utility: $157.45 million versus the two-analyst average estimate of $146.51 million. The reported number represents a year-over-year change of +26.1%. Intersegment Revenues- Pipeline and Storage: $37.6 million versus $39.26 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change. Revenue from External Customers- Exploration and Production: $303.88 million versus the two-analyst average estimate of $302.12 million. The reported number represents a year-over-year change of +37.6%. View all Key Company Metrics for National Fuel Gas here>>> Shares of National Fuel Gas have returned +4.6% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Fuel Gas Company (NFG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
