NATIONAL FUEL GAS CO
NFGNYSE
$80.94
↓ -0.9%Jul 17 close · end-of-day
Price
1Y↓ -6.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$7.7B
Enterprise Value
$10.1B
P/E
11.0
P/S
3.1
P/B
2.0
EV/EBITDA
6.7
PEG
—
FCF Yield
4.0%
Dividend Yield
2.6%
Revenue (TTM)
$2.5B
Net Income (TTM)
$686.5M
Free Cash Flow (TTM)
$306.6M
Gross Margin
—
Operating Margin
41.2%
Net Margin
27.4%
ROE
17.9%
ROIC
12.4%
Debt / Equity
0.6
Net Cash
-$2.4B
Return 1Y
-5.7%
Company profile
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 company had proved developed and undeveloped reserves of 21,537 thousand barrels of oil and 3,723,433 million cubic feet of natural gas. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities.
- CEO
- David P. Bauer
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Utilities
- Employees
- 2,130
- Headquarters
- New York
- Website
- nationalfuel.com
Management & directors
- Bauer David PPresident and CEO
- Colpoys Michael DPresident - NFG Dist. Corp.
- Del Vecchio Joseph NPresident, NFG Supply Corp.
- Hartz Lee ESecretary and General Counsel
- Krebs Martin AChief Information Officer
- Loweth Justin IPres - Seneca Resources
- Mendel Elena GController & Chf Acct Officer
- Silverstein Timothy JTreasurer & CFO
Roles derived from SEC Form 4 filings.
Earnings
NFG Q2 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$858.4M↑ +17.6%
Diluted EPS$2.59↑ +9.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.7B | $2.2B | $2.2B | $1.9B | $2.3B |
| Gross profit | — | — | — | — | — | — |
| Operating income | $29.9M | $639.9M | $814.5M | $755.1M | $209.7M | $813.5M |
| Net income | -$123.8M | $363.6M | $566.0M | $476.9M | $77.5M | $518.5M |
| Diluted EPS | -$1.41 | $3.97 | $6.15 | $5.17 | $0.84 | $5.68 |
| Operating cash flow | $740.8M | $791.6M | $812.5M | $1.2B | $1.1B | $1.1B |
| Free cash flow | $24.7M | $39.8M | $695,000.00 | $227.2M | $134.7M | $187.2M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 1.9% | 36.7% | 37.3% | 34.7% | 10.8% | 35.7% |
| Net margin | -8.0% | 20.9% | 25.9% | 21.9% | 4.0% | 22.8% |
| Line item | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $417.4M | $372.1M | $549.5M | $730.0M | $531.8M | $466.3M | $651.5M | $858.4M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$51.4M | -$196.6M | $86.2M | $317.3M | $230.3M | $179.8M | $276.1M | $347.1M |
| Net income | -$54.2M | -$167.6M | $45.0M | $216.4M | $149.8M | $107.3M | $181.6M | $247.7M |
| Diluted EPS | -$0.59 | -$1.81 | $0.49 | $2.37 | $1.64 | $1.18 | $1.98 | $2.59 |
| Operating cash flow | $281.8M | $197.9M | $220.1M | $253.8M | $388.4M | $237.8M | $274.9M | $382.4M |
| Free cash flow | $79.5M | -$49.1M | -$20.3M | $59.9M | $195.3M | -$47.8M | -$2.7M | $161.7M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -12.3% | -52.8% | 15.7% | 43.5% | 43.3% | 38.6% | 42.4% | 40.4% |
| Net margin | -13.0% | -45.1% | 8.2% | 29.6% | 28.2% | 23.0% | 27.9% | 28.9% |
Company news
Jul 9, 2026
Jul 8, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | TANSKI RONALD J | Award | 564 | $77.63 | $43,783.32 | filing |
| 2026-07-01 | BAUMANN BARBARA M | Award | 564 | $77.63 | $43,783.32 | filing |
| 2026-07-01 | JAGGERS JOSEPH N | Award | 564 | $77.63 | $43,783.32 | filing |
| 2026-07-01 | SHAW JEFFREY W | Award | 564 | $77.63 | $43,783.32 | filing |
| 2026-04-15 | Carroll David C. | J | 182 | $89.71 | $16,326.86 | filing |
| 2026-04-15 | Ranich Rebecca | J | 106 | $89.71 | $9,509.05 | filing |
| 2026-04-15 | ANDERSON DAVID HUGO | J | 2 | $89.71 | $179.42 | filing |
| 2026-04-01 | BAUMANN BARBARA M | Award | 469 | $93.29 | $43,753.01 | filing |
| 2026-04-01 | JAGGERS JOSEPH N | Award | 469 | $93.29 | $43,753.01 | filing |
| 2026-04-01 | SHAW JEFFREY W | Award | 469 | $93.29 | $43,753.01 | filing |
| 2026-04-01 | TANSKI RONALD J | Award | 469 | $93.29 | $43,753.01 | filing |
| 2026-01-15 | Carroll David C. | J | 198 | $81.83 | $16,201.35 | filing |
| 2026-01-15 | Ranich Rebecca | J | 116 | $81.83 | $9,491.70 | filing |
| 2026-01-15 | ANDERSON DAVID HUGO | J | 1 | $81.83 | $81.83 | filing |
| 2026-01-02 | BAUMANN BARBARA M | Award | 541 | $80.95 | $43,791.25 | filing |
| 2026-01-02 | TANSKI RONALD J | Award | 541 | $80.95 | $43,791.25 | filing |
| 2026-01-02 | SHAW JEFFREY W | Award | 541 | $80.95 | $43,791.25 | filing |
| 2026-01-02 | JAGGERS JOSEPH N | Award | 541 | $80.95 | $43,791.25 | filing |
| 2025-12-06 | Loweth Justin I· Pres - Seneca Resources | Tax withholding | 1,950 | $82.28 | $160,446.00 | filing |
| 2025-12-06 | Silverstein Timothy J· Treasurer & CFO | Tax withholding | 720 | $82.28 | $59,241.60 | filing |
| 2025-12-06 | Colpoys Michael D· President - NFG Dist. Corp. | Tax withholding | 355 | $82.28 | $29,209.40 | filing |
| 2025-12-06 | Bauer David P· President and CEO | Tax withholding | 344 | $82.28 | $28,304.32 | filing |
| 2025-12-06 | Mendel Elena G· Controller & Chf Acct Officer | Tax withholding | 215 | $82.28 | $17,690.20 | filing |
| 2025-12-06 | Hartz Lee E· Secretary and General Counsel | Tax withholding | 211 | $82.28 | $17,361.08 | filing |
| 2025-12-06 | Del Vecchio Joseph N· President, NFG Supply Corp. | Tax withholding | 28 | $82.28 | $2,303.84 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.