Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
NFG 
National Fuel Gas Company (NFG)
- 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
08/14/2025: NFG (3-star) is a STRONG-BUY. BUY since 180 days. Profits (39.62%). 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.
Number of Analysts
6 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $96
1 Year Target Price $96
| 1 | Strong Buy |
| 1 | Buy |
| 3 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 40.86% | Avg. Invested days 75 | Today’s Advisory Strong Buy |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.89B USD | Price to earnings Ratio 32.35 | 1Y Target Price 96 |
Price to earnings Ratio 32.35 | 1Y Target Price 96 | ||
Volume (30-day avg) 6 | Beta 0.66 | 52 Weeks Range 56.60 - 89.82 | Updated Date 08/15/2025 |
52 Weeks Range 56.60 - 89.82 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 2.37% | Basic EPS (TTM) 2.7 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-07-30 | When After Market | Estimate 1.54 | Actual 1.64 |
Profitability
Profit Margin 11.15% | Operating Margin (TTM) 44.63% |
Management Effectiveness
Return on Assets (TTM) 6.86% | Return on Equity (TTM) 8% |
Valuation
Trailing PE 32.35 | Forward PE 10.57 | Enterprise Value 10636155845 | Price to Sales(TTM) 3.62 |
Enterprise Value 10636155845 | Price to Sales(TTM) 3.62 | ||
Enterprise Value to Revenue 4.87 | Enterprise Value to EBITDA 11.59 | Shares Outstanding 90363600 | Shares Floating 89004577 |
Shares Outstanding 90363600 | Shares Floating 89004577 | ||
Percent Insiders 1.26 | Percent Institutions 79.23 |
Upturn AI SWOT
National Fuel Gas Company
Company Overview
History and Background
National Fuel Gas Company was founded in 1902. It evolved from several smaller gas and oil companies, primarily serving western New York and Pennsylvania.
Core Business Areas
- Exploration and Production: Acquires, explores for, develops, and produces natural gas and oil reserves in the Appalachian region.
- Pipeline and Storage: Transports natural gas through an interstate pipeline system and provides underground natural gas storage services.
- Utility: Sells and distributes natural gas to residential, commercial, and industrial customers in western New York and northwestern Pennsylvania.
- Gathering: Constructs, owns and operates natural gas gathering pipeline systems.
Leadership and Structure
David P. Bauer is the current President and CEO. The company operates with a hierarchical structure, divided into business segments.
Top Products and Market Share
Key Offerings
- Natural Gas Distribution: Provides natural gas service to approximately 780,000 customers. Market share varies by region but has a significant portion in its service territory. Competitors include other utilities and alternative energy sources.
- Natural Gas Production: Explores and produces natural gas. Market share is relatively small compared to larger producers. Competitors include EQT Corporation, Range Resources, and Southwestern Energy.
- Natural Gas Transportation: Transports gas for other companies through pipeline network. Competitors include TC Energy (TRP), Enbridge (ENB), Kinder Morgan (KMI).
Market Dynamics
Industry Overview
The natural gas industry is experiencing fluctuations due to factors such as supply and demand, regulatory changes, and environmental concerns. Increased focus on renewable energy creates a competitive landscape.
Positioning
National Fuel Gas Company is a vertically integrated natural gas company with a strong presence in the Northeast. Its integrated structure provides a competitive advantage.
Total Addressable Market (TAM)
The TAM for natural gas distribution in the US is in the hundreds of billions of USD. National Fuel Gas Company holds a portion of this market concentrated in the Northeast.
Upturn SWOT Analysis
Strengths
- Vertically integrated operations
- Strong regional presence
- Stable utility business
- Experienced management team
- Diverse Asset Base
Weaknesses
- Geographic concentration
- Exposure to commodity price fluctuations
- Capital intensive operations
- Dependence on regulatory approvals
Opportunities
- Expansion of pipeline infrastructure
- Increased natural gas demand
- Acquisition of complementary businesses
- Development of renewable energy projects
- Increase efficiency across operations
Threats
- Environmental regulations
- Competition from renewable energy sources
- Fluctuations in natural gas prices
- Economic downturns
- Pipeline incidents impacting infrastructure
Competitors and Market Share
Key Competitors
- EQT
- CNQ
- RRC
Competitive Landscape
National Fuel Gas Company's vertically integrated model provides a competitive advantage, but it faces challenges from larger, more geographically diverse competitors.
Major Acquisitions
Seneca Resources Corporation
- Year: 1999
- Acquisition Price (USD millions): 640
- Strategic Rationale: Expanded exploration and production capabilities.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends will be populated based on recent fillings
Future Projections: Future growth projections based on analyst estimates will be populated in a future update.
Recent Initiatives: National Fuel Gas Company has been investing in pipeline modernization and exploring opportunities in renewable natural gas.
Summary
National Fuel Gas Company is a vertically integrated utility with a strong regional presence, generating revenue from multiple business segments. The company needs to continue to modernise and expand its infrastructure to address increased demand. Facing increasing regulatory and enviromental pressure, diversification into renewable energy is something to consider. Despite these challenges, their established customer base and stable utility business provide a solid foundation, but could be impacted by commodity price exposure.
Peer Comparison
Sources and Disclaimers
Data Sources:
- National Fuel Gas Company's Investor Relations website
- SEC Filings (10-K, 10-Q)
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance are subject to change.
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.
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.