National Fuel Gas (NFG)

• Market cap: $7.15B
• 1 day: 0.28%
• 5 days: 5.27%
• 1 month: 2.49%
• 3 months: 15.66%
• 6 months: 26.48%
• Year to date: 28.67%
• 1 year: 51.71%
• 5 years: 90.01%
• 10 years: 26.28%
• Sector: Energy
• Industry: Oil & Gas Integrated

About: National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. The company generates a majority of its revenue from the Exploration and Production segment which is engaged in the exploration for, and the development and production of, natural gas in the Appalachian region of the United States. Geographically, the company operates in the United States.

Employees: 2,311

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

427% more call options, than puts

Call options by funds: $23.3M | Put options by funds: $4.42M

38% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 48

17% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 7 (+1) [Q4]

14% more repeat investments, than reductions

Existing positions increased: 174 | Existing positions reduced: 152

2% more funds holding

Funds holding: 476 [Q3] → 487 (+11) [Q4]

1.95% more ownership

Funds ownership: 73.38% [Q3] → 75.33% (+1.95%) [Q4]

2% more capital invested

Capital invested by funds: $4.07B [Q3] → $4.17B (+$93.4M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $81 3% upside
• Avg. target: $81 3% upside
• High target: $81 3% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

JP Morgan Zach Parham 40% 1-year accuracy 8 / 20 met price target

3% upside $81

Neutral Maintained

13 Mar 2025