NFG▲
National Fuel Gas Trades at 18.9% Discount to Fair Value After Earnings Beat and 2026 Guidance
National Fuel Gas shares trade at $82.31, an 18.9% discount to a widely followed fair value estimate of $101.50, following an earnings beat and the release of 2026 production guidance. The stock has returned 6.21% over the past month and 81.20% over five years. Favorable regulatory mechanisms and a strong balance sheet support reinvestment and capital returns, while hedging and firm sales portfolios help stabilize cash flow. However, a separate discounted cash flow model from Simply Wall St estimates fair value at $46.46, suggesting the stock may be overvalued. The divergence highlights uncertainty around long-term capital spending and decarbonization policy risks.
Simply Wall St·26dRead more ▾
NFG▼
National Fuel Gas beats Q3 earnings estimates but lowers full-year outlook
National Fuel Gas Company reported third-quarter fiscal 2026 adjusted earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.47 by 4.8 percent, though earnings declined 6.1 percent from $1.64 a year ago. Total revenues rose 1.1 percent to $537.5 million, missing the consensus of $564 million, with utility revenues up 5.1 percent to $165.42 million, pipeline and storage up 2.3 percent to $69.56 million, and integrated upstream and gathering down 1.3 percent to $302.52 million. Operating income fell 9.3 percent to $208.9 million as total operating expenses increased 8.9 percent, and Seneca's natural gas production dropped 7 percent to 104.3 billion cubic feet. The company lowered its fiscal 2026 adjusted earnings guidance to a range of $7.40 to $7.60 per share from the prior $7.45 to $7.75, cut production guidance to 420 to 430 billion cubic feet, and raised capital expenditure guidance to $1 billion to $1.08 billion. National Fuel also completed financing for its $2.62 billion acquisition of CenterPoint Energy's Ohio natural gas utility, which is on track to close October 1, 2026, and increased its annual dividend by 4 percent to $2.22 per share.
Zacks Investment Research·27dRead more ▾
Energy Transition & Power Demand▲
Seneca Resources and Evolution Well Services Announce Three-Year Strategic Agreement
Seneca Resources, the exploration and production segment of National Fuel Gas Company, and Evolution Well Services have announced a three-year strategic agreement to deploy Evolution's electric fracturing technology across Seneca's Appalachian operations. The partnership combines Evolution's patent-protected electric fracturing technology, in-house power generation, and field gas conditioning services with Seneca's responsibly sourced natural gas. Seneca Resources President Justin Loweth stated that the company will use its produced and gathered field gas to power electric fracturing operations, lowering fuel and logistics costs, improving reliability and uptime, and reducing the overall cost of ownership. Evolution Well Services President and CEO Steven W. Anderson said merging the companies' technologies will simplify operations and prioritize safety, reliability, and efficiency, with plans to deliver high-performance natural gas completions across Appalachia.
Insider Monkey·56dRead more ▾
NFG▲
National Fuel Gas Company's Bullish Thesis Highlights Earnings Momentum and Ohio Utility Acquisition
A bullish thesis on National Fuel Gas Company emphasizes strong earnings momentum and the $2.62 billion acquisition of CenterPoint's Ohio utility as a key catalyst. The company reported fiscal Q1 2026 adjusted EPS of $2.06, beating expectations, with revenue of $651.5 million and adjusted EBITDA up 29% to $370.8 million. Fiscal 2026 guidance projects adjusted EPS of $7.60 to $8.10, up 14%, alongside $300 to $350 million in free cash flow. NFG supports a 2.39% dividend yield and has increased dividends for 56 consecutive years. The Ohio utility acquisition is expected to double the regulated rate base and enhance earnings stability.
Yahoo Finance·58dRead more ▾
NFG▲
John Dorfman Recommends Five Mid-Cap Stocks for Differentiated Returns
John Dorfman of Dorfman Value Investments recommends a quintet of mid-cap stocks, arguing they can help portfolios perform differently from large-cap-dominated indices. The five picks are Dillard's, Matson, Cullen/Frost Bankers, National Fuel Gas, and Oshkosh. Dillard's trades at 13 times earnings and has appreciated 833% over the past decade. Matson, a Hawaii-based ocean shipper, sells for 14 times earnings and has returned 478% over ten years. Cullen/Frost Bankers has been profitable every year since 1868. National Fuel Gas, active across natural-gas production, pipelines, and utilities, trades at about 10 times earnings. Oshkosh, a maker of fire engines and military trucks, sells at 13 times forward earnings estimates. Mid-caps are up 15.4% this year through June 19, outpacing the 10.2% gain for large-caps.
GuruFocus·63dRead more ▾
Energy Transition & Power Demand▲
Seneca Resources and Evolution Well Services Announce 3-Year Strategic Agreement for Electric Fracturing in Appalachia
Seneca Resources Company, LLC and Evolution Well Services today announced a strategic alignment to deploy advanced electric fracturing technology across Seneca's Appalachian basin footprint. The three-year agreement combines Evolution's patent-protected electric fracturing technology, in-house power generation, and advanced field gas conditioning services with Seneca's responsibly sourced natural gas production to improve operational efficiency and reduce the environmental footprint of completions. The partnership leverages Seneca's field gas to power electric fracturing operations, aiming to reduce fuel and logistics costs, improve reliability and uptime, and lower overall cost of ownership. Justin Loweth, President of Seneca Resources, stated the initiative reflects Seneca's focus on disciplined capital allocation and operational execution, while Steven W. Anderson, President and CEO of Evolution Well Services, emphasized the collaboration sets a higher standard for sustainable, high-performance completions in Appalachia.
Business Wire·65dRead more ▾
NFG▲
Target, National Fuel Gas, and Caterpillar Declare Dividend Hikes
Target Corporation, National Fuel Gas Company, and Caterpillar Inc. each announced dividend increases in mid-June. Target declared a dividend of $1.16 per share payable September 1, with a yield of 3.42% and a payout ratio of 57% of earnings. National Fuel Gas set a dividend of $0.56 per share payable August 15, yielding 2.79% with a 28% payout ratio. Caterpillar announced a dividend of $1.63 per share payable September 19, yielding 0.65% with a 30% payout ratio. All three companies have raised their dividends six times over the past five years.
Zacks Investment Research·70dRead more ▾