nfg stock: National Fuel Gas Guide

nfg stock (ticker)

nfg stock is the NYSE-listed ticker symbol for National Fuel Gas Company, a diversified U.S. energy company focused on natural gas exploration, gathering, transportation, storage and regulated utility distribution. This article provides a full, beginner-friendly reference on nfg stock: what the company does, how it reports results, how the shares trade, dividend history, risks and governance, plus data sources you can use to verify figures and track the name. (Keyword: nfg stock appears throughout this guide to help you quickly locate core details.)

As of 2024-06-03, according to Yahoo Finance and the company investor relations page, the sections below summarize market figures and company disclosures; quoted numbers are shown with source notes where appropriate.

Company overview

National Fuel Gas Company operates as an integrated natural gas company with utility and midstream businesses as its primary activities. The company’s operations typically fall into several complementary segments: Exploration & Production (upstream), Gathering & Processing, Pipeline & Storage (midstream), and a regulated natural gas utility serving retail customers. The firm’s headquarters are in Williamsville, New York, and it was originally founded in 1902.

nfg stock represents an investment exposure that combines regulated utility stability with commodity-linked upstream and midstream operations. This hybrid profile is useful for investors seeking income from dividend distributions plus some exposure to natural gas price cycles.

(Source: National Fuel Gas investor relations, Yahoo Finance — reported 2024-06-03)

History

National Fuel Gas traces its corporate roots back to the early 20th century. Key historical milestones include its founding in 1902, growth through pipeline and utility expansions in the Northeastern U.S., and later diversification into upstream exploration and midstream services. Over the decades, the company expanded its asset base primarily in the Appalachian region, including parts of New York and Pennsylvania.

The company has periodically reorganized operations, completed acquisitions to strengthen midstream and upstream capabilities, and maintained regulated utility operations that provide steady cash flow. Its long operating history and sustained dividend program are frequently highlighted in investor materials.

(Source: National Fuel Gas corporate history; company investor relations — reported 2024-06-03)

Business segments and operations

National Fuel Gas typically reports results across several operating segments. The primary segments and their roles are listed below:

• Exploration & Production (E&P): Upstream activities focused on natural gas and natural gas liquids produced from active well operations. Production is concentrated in Appalachia and surrounding areas.
• Gathering & Processing: Midstream services that gather raw gas from wells and process it into sales-quality natural gas and natural gas liquids.
• Pipeline & Storage: Ownership and operation of transportation pipelines and underground storage assets that support seasonal demand balancing and reliability.
• Utility: A regulated local natural gas distribution utility that serves residential, commercial and industrial customers in parts of New York and Pennsylvania.

Geographic focus is primarily in the U.S. Northeast (Appalachian basin, western New York, northwestern Pennsylvania), though assets and commercial arrangements can span interstate pipelines and storage requirements.

(Source: National Fuel Gas investor materials, StockAnalysis — reported 2024-06-03)

Stock listing and trading information

• Ticker: NFG (commonly displayed as "NFG" on financial data platforms).
• Exchange: NYSE (regular trading hours: 09:30–16:00 ET; pre-market and after-hours sessions are available on most trading platforms).
• ISIN: US6331841006 (company-level identifier used across markets).
• Common data providers: Yahoo Finance, Google Finance, TradingView, Morningstar, StockAnalysis and Macrotrends present quotes, charts and historical data for nfg stock.

As of the referenced reporting date, nfg stock is tracked and quoted by major market data providers; liquidity and trading volumes vary day-to-day and are updated in real time by those services.

(Source: Yahoo Finance, TradingView, Google Finance — reported 2024-06-03)

Key market statistics

Below is a concise snapshot of market statistics that investors commonly check when evaluating nfg stock. Figures are presented as reported by major data providers and the company around the date noted.

Notes: Figures are rounded and intended as an approximate reference. For real-time quotes and the latest official figures, consult the company’s investor relations releases and market data providers named in References.

(Sources: Yahoo Finance, Macrotrends, StockAnalysis, Morningstar — reported 2024-06-03)

Financial performance

National Fuel Gas reports quarterly and annual financial results in SEC filings and investor releases. Below are the broad financial themes and recent performance characteristics to understand when evaluating nfg stock:

• Revenue mix: Revenue streams are diversified across regulated utility sales, midstream processing and transportation fees, and upstream commodity sales. The balance among these streams affects sensitivity to natural gas prices.
• Profitability: Margins fluctuate with commodity prices and seasonal demand. Regulated utility operations typically produce stable, predictable margins compared with upstream commodity exposure.
• Cash flow: The company emphasizes cash flow generation that supports dividend payments and infrastructure maintenance. Free cash flow can vary with capex cycles, drilling activity and midstream expansions.
• Balance sheet: Debt levels and maturities are key metrics investors monitor for nfg stock because midstream and utility businesses require capital-intensive assets and financing discipline.

As of the most recent annual report and SEC filings through early 2024, the company reported steady regulated revenue and variable upstream revenue depending on commodity pricing and production volumes. For detailed quarterly figures (revenues, net income, operating cash flow, capex), consult the company’s 10-Q and 10-K filings.

(Source: National Fuel Gas SEC filings, investor relations — reported 2024-06-03)

Dividend policy and history

National Fuel Gas has a long record of paying dividends. The company’s dividend policy emphasizes returning cash to shareholders while retaining capital for necessary infrastructure spending. The dividend yield for nfg stock around the reporting date is approximately 3.5% (see Key market statistics above).

Key dividend points:

• Frequency: Quarterly dividend payments, with ex-dividend and payment dates announced via investor relations.
• Track record: A long history of dividend payments, commonly referenced by investors seeking income exposure.
• Sustainability: Dividend sustainability is evaluated by covered cash flow, payout ratio and regulated business stability; investors should review the company’s cash flow statements and management commentary in earnings releases.

For current ex-dividend dates, forward yield and management commentary on dividend policy, check the company’s investor relations announcements and quarterly earnings presentations.

(Source: Company investor relations, Yahoo Finance — reported 2024-06-03)

Historical stock price performance

nfg stock’s long-term price action has reflected a blend of regulated utility valuation stability and commodity-driven volatility from upstream and midstream exposure. Historical patterns include:

• Multi-year performance influenced by natural gas price cycles, regulatory outcomes, and local demand patterns in the Northeast.
• Notable peaks and troughs corresponding to commodity price swings and macroeconomic cycles.
• A tendency for lower volatility compared with pure exploration names due to the stabilizing effect of regulated utility cash flows.

For a detailed historical price series, reference Macrotrends and Yahoo Finance historical price data; these sources provide multi-decade charts and annual returns.

(Source: Macrotrends, Yahoo Finance — reported 2024-06-03)

Analyst coverage and price targets

Analyst coverage for nfg stock is provided by regional and national broker research and independent aggregators. Typical elements of analyst commentary include:

• Consensus ratings: Mixed to neutral/hold recommendations are common for regulated energy names with commodity exposure; exact consensus can shift with earnings and commodity outlooks.
• Price targets: Broker price targets vary; consult aggregator pages on major finance platforms for the current consensus range.
• Key drivers in analyst models: Natural gas price outlook, regulated rate case outcomes, pipeline utilization, and capital expenditure plans.

As of the referenced date, analyst sentiment was mixed with some firms highlighting dividend attractiveness and regulated cash flow, while others noted exposure to commodity cycles and capital intensity. For the most recent consensus rating and price target range, review sources such as StockAnalysis, CNN Markets and Morningstar.

(Sources: CNN Markets, StockAnalysis, Morningstar — reported 2024-06-03)

Ownership and major shareholders

Institutional ownership is a meaningful component of the shareholder base for nfg stock. Large asset managers and funds commonly hold shares in regional utility and energy names. Typical institutional holders include global investment managers and mutual funds, with notable participants often listed as top holders by market data sites.

Common institutional names historically reported as significant holders include asset managers such as Vanguard Group, BlackRock and State Street (these are examples of types of institutional holders frequently reported across many U.S. mid-cap stocks). Insider ownership is usually modest compared with institutional ownership; however, executive and board ownership levels and any recent insider transactions are disclosed in proxy statements and Form 4 filings.

For an up-to-date list of major shareholders and recent changes, consult the company’s SEC filings and institutional ownership pages on major market data platforms.

(Sources: Yahoo Finance ownership data, company proxy statement — reported 2024-06-03)

Corporate governance and management

National Fuel Gas’s executive leadership and board oversee strategy, capital allocation and regulatory engagement. Key governance points include:

• Executive team: The CEO and CFO lead operational execution and investor communications. For current executive names and short bios, see the company’s leadership page on its investor relations website.
• Board composition: The board typically comprises industry, finance and regional business experts; independence metrics and committee assignments are disclosed in the proxy statement.
• Governance practices: The company files an annual proxy report that details governance, compensation and shareholder proposals.

Investors should consult the most recent proxy (DEF 14A) and investor relations materials for detailed biographies and governance disclosures.

(Sources: Company investor relations and proxy filings — reported 2024-06-03)

Recent developments and news

As of 2024-06-03, notable recent developments affecting nfg stock included quarterly earnings releases, regulatory filings and infrastructure maintenance updates. Examples of the type of news that moves nfg stock include announced rate cases, large pipeline service agreements, quarterly earnings beats or misses, and significant changes to dividend policy.

• As of 2024-06-03, the company had published its latest quarterly results and provided management commentary around regulated business stability and midstream utilization. (Source: Company investor relations — 2024-06-03)
• Major financial data providers continued to update price and volume figures throughout the quarter (Source: Yahoo Finance — 2024-06-03).

For the most current and material news affecting nfg stock, review the company’s press releases and SEC filings and follow earnings calls transcripts available on the investor relations page.

(Sources: National Fuel Gas press releases, Yahoo Finance — reported 2024-06-03)

Risks and controversies

Investing in nfg stock entails several principal risks that are typical for integrated energy and regulated utility companies. Key risk categories include:

• Commodity price exposure: Upstream operations expose the company to natural gas price swings that can materially affect revenue and profit when commodity prices move.
• Regulatory risk: Utility operations are subject to state and federal regulation; rate cases and regulatory decisions affect allowed returns and cash flow stability.
• Concentration risk: Geographic concentration in the Appalachian basin and Northeast markets means regional demand and pricing dynamics can disproportionately affect results.
• Capital intensity and leverage: Midstream and utility businesses require ongoing capital investment; higher debt or refinancing needs can pressure financial flexibility.
• Environmental and compliance risk: As a natural gas operator, the company faces environmental regulation, potential remediation costs, and ESG-related scrutiny.

Historically, the company has managed disputes and regulatory proceedings through established legal and regulatory channels; any material ongoing litigation or regulatory investigations are disclosed in SEC filings.

(Sources: Company SEC filings, investor relations — reported 2024-06-03)

Comparison to peers

nfg stock sits in a peer group that includes regional utilities, integrated midstream/utility combinations, and other natural gas-focused companies. When comparing peers, investors typically look at:

• Dividend yield and payout consistency (utility peers often lead on yield stability).
• Valuation multiples (P/E, EV/EBITDA) relative to growth expectations and regulated asset base.
• Geographic and asset footprint (Appalachian exposure vs. Gulf Coast or Permian-focused peers).
• Balance sheet strength and capital allocation priorities.

Representative peer categories include: regional natural gas utilities, small- to mid-cap midstream companies, and integrated operators with a mix of regulated and commodity exposure. When comparing nfg stock to peers, adjust for business mix and regulatory environments.

(Sources: StockAnalysis, Morningstar — reported 2024-06-03)

Investment considerations

This section outlines common investor perspectives on nfg stock without providing investment advice. Key considerations include:

• Income-focused investors may be attracted to the company’s dividend history and regulated utility cash flows, which can provide yield and relative stability.
• Investors seeking commodity exposure should weigh the company’s upstream and midstream segments for leverage to natural gas price cycles.
• Valuation metrics such as P/E and dividend yield relative to peers and historical averages are commonly used to assess entry points.
• Technical traders look at liquidity, average volume, moving averages and momentum indicators; fundamental investors review SEC filings, rate-case outcomes and capital spending plans.

Any decision to consider nfg stock should be supported by review of the latest earnings releases, SEC filings and independent research.

(Sources: Company filings, StockAnalysis, TradingView — reported 2024-06-03)

References

• National Fuel Gas Company investor relations and press releases (company IR) — reported 2024-06-03.
• Yahoo Finance — National Fuel Gas Company (NFG) stock page — reported 2024-06-03.
• Macrotrends — historical price data for NFG — reported 2024-06-03.
• TradingView — NYSE:NFG charts and technicals — reported 2024-06-03.
• StockAnalysis — NFG profile and metrics — reported 2024-06-03.
• Morningstar — NFG financials and fundamentals — reported 2024-06-03.
• CNN Markets / TipRanks — analyst commentary and ratings summaries — reported 2024-06-03.

All numbers and summaries above are derived from the sources listed and the company’s SEC filings. For the most up-to-date data and official disclosures, consult the company’s investor relations releases and SEC filings.

External links and where to follow nfg stock

• Official company investor relations page and SEC filings are primary sources for earnings, dividends and governance documents.
• Market data platforms named in References provide real-time quotes and historical price series for nfg stock.

If you plan to trade or monitor nfg stock, consider using Bitget’s platform and Bitget Wallet for custody and convenient market access. Bitget provides charting and order types for active monitoring of names listed on major U.S. exchanges.

See also

• List of NYSE-listed utility companies
• Natural gas industry overview
• Dividend-paying stocks and yield analysis
• Peer company pages and regional utility comparisons

Further exploration: to view real-time quotes, analyst reports and official filings for nfg stock, check the company investor relations page and the market data providers referenced above. For hands-on trading or portfolio monitoring, explore Bitget’s tools and Bitget Wallet to manage positions and custody safely.

Note: This article is neutral and informational; it does not constitute investment advice. All factual statements cite the sources listed in the References and were current as of 2024-06-03.