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Company Analysis

National Fuel Gas Company NFG

A comprehensive view of key metrics, scores, and financial health for National Fuel Gas Company

Overview of National Fuel Gas Company

NFG NYQ
Energy Oil & Gas Integrated Mid Cap
National Fuel Gas Company (NFG), is a Mid Cap company, in the Oil & Gas Integrated industry, last closed at $89.22, about 60.0% overvalued vs fair value, +16.2% 1Y return, ranked 73/255 in sector.
Metrics P/E 16.3× Rev Growth 17.1% ROE 17.5% Gross Margin 46.1% Div Yield 2.26%
$89.22
0.42%
As of April 28, 2026
Previous close • Vol 90d: 20.0%
52-Week Range
Market Cap
$8.48B
Enterprise Value
$10.98B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Weak
Efficiency
Weak
Valuation
Fair
Growth
Fair
Profitability
Good
Health
Weak
Efficiency
Weak
Valuation
Fair
Completeness: 82%
Confidence: 88%
Updated: Mar 8
Top Beats
No strong beats yet

Quick Facts

Website https://www.nationalfuel.com
HQ Williamsville, NY
Employees 2,322
Fiscal year Sep 30

Next Events

Earnings Apr 29 Estimated

Fair Value Snapshot

Bear Base Bull
$32
$36
$39
Current: $89.22 -60% vs base

Engine Room Money Flow™

Mid Cap

Commodities & Mining - Where revenue goes and how value is created

Flow Steps
Revenue
None
17.1%%
Gross Profit
$1.0B
28.4%%
Operating Income
$955.3M
31.1%%
EBITDA
None
91.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Commodities & Mining

Quality & Reliability Indicators

Cash Conversion Ratio
0.36x
Poor

Free cash flow relative to net income

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$247.5M
132.2% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
5
Active Leaks
0/5
Improving
1
High Impact
1
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating National Fuel Gas Company's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
77
/100
Strong
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Strong
92
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Commodities & Mining vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing NFG's balance between Growth (34.2%), Profitability (39.6%), and Safety (26.2%). Growth 34% Safety 26% Profitability 40%

Click axes to expand details. Marker shows current allocation.

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Growth

68th percentile vs peers
68
Key Signals
Rev Growth YoY 17.1% 80p EPS Growth YoY 5.77 85p Revenue CAGR 3Y 1.4% 52p EPS CAGR 3Y -2.6% 46p TSR 55.8% 68p
Strengths
  • Rev Growth YoY in top 20% of peers (17.1%, 80th percentile)
  • EPS Growth YoY in top 20% of peers (5.77, 85th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • Growth above peer median with strong metric coverage (100%)
Risks

No significant risks identified for this axis.

Profitability

78th percentile vs peers
79
Key Signals
Strengths
Risks
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Safety

52th percentile vs peers
52
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for National Fuel Gas Company.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$35.67
- - -
-60.0% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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