National Fuel Gas (NYSE:NFG – Get Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $5.50-$6.00 for the period, compared to the consensus earnings per share estimate of $6.18. National Fuel Gas also updated its FY 2025 guidance to 5.500-6.000 EPS.
Analysts Set New Price Targets
Several equities analysts have commented on the stock. StockNews.com downgraded shares of National Fuel Gas from a “hold” rating to a “sell” rating in a research report on Saturday, October 19th. JPMorgan Chase & Co. cut their price objective on National Fuel Gas from $64.00 to $62.00 and set a “neutral” rating on the stock in a research note on Thursday, September 12th. Bank of America assumed coverage on National Fuel Gas in a report on Monday, October 28th. They issued an “underperform” rating and a $62.00 target price for the company. Finally, Scotiabank increased their price target on National Fuel Gas from $80.00 to $81.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 20th.
Check Out Our Latest Analysis on NFG
National Fuel Gas Stock Performance
National Fuel Gas Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.515 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.06 annualized dividend and a dividend yield of 3.30%. National Fuel Gas’s dividend payout ratio is 59.71%.
Insider Transactions at National Fuel Gas
In related news, General Counsel Michael W. Reville sold 1,700 shares of the company’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $60.77, for a total transaction of $103,309.00. Following the completion of the transaction, the general counsel now directly owns 8,203 shares in the company, valued at $498,496.31. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.55% of the stock is currently owned by corporate insiders.
About National Fuel Gas
National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.
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