National Fuel Gas (NFG)

• Market cap: $6.34B
• 1 day: 2.21%
• 5 days: 9.60%
• 1 month: 15.57%
• 3 months: 11.47%
• 6 months: 19.69%
• Year to date: 13.71%
• 1 year: 46.58%
• 5 years: 55.56%
• 10 years: 1.41%
• Sector: Utilities
• Industry: Natural Gas Distribution

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 Q3 regulatory filings by fund managers ($100M+ AUM)

561% more call options, than puts

Call options by funds: $38.8M | Put options by funds: $5.87M

88% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 34

6% more funds holding

Funds holding: 449 [Q2] → 475 (+26) [Q3]

6% more capital invested

Capital invested by funds: $3.97B [Q2] → $4.19B (+$221M) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 159

0% more funds holding in top 10

Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]

4.0% less ownership

Funds ownership: 79.57% [Q2] → 75.56% (-4.0%) [Q3]

Research analyst outlook

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

• Low target: $64 8% downside
• Avg. target: $64 8% downside
• High target: $64 8% downside

1 analyst rating

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

JP Morgan Zach Parham 69% 1-year accuracy 11 / 16 met price target

8% downside $64

Neutral Maintained

12 Nov 2024