NFG

NATIONAL FUEL GAS CO

NYSE · Natural Gas Distribution · Inc. NJ · CIK 0000070145
$76.35 -1.38% $7.3B
High Impact Filing (7/10)
Vol
Market Cap$7.3B
Cap SizeMid Cap
Analyst ConsensusBuy (63%)
Inst. Holders9 funds
Inst. Value$1.4B
Inst. Activity2 buys / 2 sells
SEC Reports8
Press Releases1
Exchange NYSE·Sector Natural Gas Distribution·Inc. NJ·CIK 0000070145·Prev Close $77.42

Recent Activity

May 27, 2026 SEC
National Fuel Gas Co. is redeeming the entire $300 million outstanding principal of its 5.50% Notes due October 2026, wi
8-K — Impact 5/10
May 27, 2026 SEC
National Fuel Gas Co. filed a preliminary 424B5 prospectus supplement for a multi-tranche debt offering to partially fun
424B5 — Impact 5/10
May 20, 2026 short_volume
Short Volume: NFG — 57.8% short (0.3M / 0.5M)
Short: 293,028 | Exempt: 3 | TRF Vol: 507,096 | Short Ratio: 57.8% | Off-exchange volume (dark pool
Apr 30, 2026 SEC
BofA upgrades NFG from Underperform to Buy — PT $107 (+21%) in cluster of 3 firm actions
ANALYST-UPGRADE — Impact 5/10
Apr 1, 2026 Insider
BAUMANN BARBARA M sold 469 shares
Director @ $93.29 ($43.8K)
Apr 1, 2026 Insider
JAGGERS JOSEPH N sold 469 shares
Director @ $93.29 ($43.8K)
Apr 1, 2026 Insider
SHAW JEFFREY W sold 469 shares
Director @ $93.29 ($43.8K)
Inst.
NORGES BANK — NEW
1,154,321 shares ($92.4M)

Price Targets

$101.50 +32.1% upside Strong Buy
Current $76.81 Low $93.00 Median $101.50 High $110.00 2 analysts
$93.00 $110.00

Analyst Ratings

Buy63% buy · 8 analysts
2Strong Buy
3Buy
3Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Apr 7, 2026 Keybanc INITIATE Overweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $1.42 $1.34 — $1.50 -13% YoY 4
Next Q $1.31 $1.29 — $1.34 7% YoY 4
Current FY $7.43 $7.31 — $7.60 7% YoY 5
Next FY $7.95 $7.09 — $9.03 7% YoY 5

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$974.4M
MORGAN STANLEY$95.6M
NORGES BANK$92.4MNEW
CHARLES SCHWAB INVESTMENT MANAGEMENT$73.0MNEW
FMR LLC$64.3MDOUBLED

Recent Insider Trades

DateInsiderTypeValue
Apr 1, 2026BAUMANN BARBARAA$43.8K
Apr 1, 2026JAGGERS JOSEPHA$43.8K
Apr 1, 2026SHAW JEFFREYA$43.8K
Apr 1, 2026ANDERSON DAVIDA$43.8K
Apr 1, 2026Carroll DavidA$43.8K
9 institutional holders with $1.4B total value (17,088,013 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, NORGES.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC12,170,906$974.4M71.2%
2MORGAN STANLEY1,194,300$95.6M7.0%
3NORGES BANK1,154,321$92.4M6.8%NEW
4CHARLES SCHWAB INVESTMENT MANAGEMENT INC912,404$73.0M5.3%NEW
5FMR LLC803,584$64.3M4.7%DOUBLED +462.9%
6BANK OF AMERICA CORP /DE/622,317$49.8M3.6%ADD +37.0%
7WELLS FARGO & COMPANY/MN194,839$15.6M1.1%
8RENAISSANCE TECHNOLOGIES LLC21,300$1.7M0.1%NEAR_EXIT -85.9%
9TWO SIGMA INVESTMENTS, LP14,042$1.1M0.1%TRIM -57.2%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW1,154,321$92.4M2025-Q4
FMR LLCDOUBLED142,765803,584+462.9%$64.3M2025-Q4
RENAISSANCE TECHNOLOGIES LLCNEAR_EXIT151,40021,300-85.9%$1.7M2025-Q4
TWO SIGMA INVESTMENTS, LPTRIM32,84214,042-57.2%$1.1M2025-Q4
BANK OF AMERICA CORP /DE/ADD488,071668,610+37.0%$61.8M2025-Q3
TWO SIGMA INVESTMENTS, LPNEAR_EXIT179,07732,842-81.7%$3.0M2025-Q3
NORGES BANKEXIT1,085,6290-100.0%$0.002025-Q3
NORGES BANKNEW1,085,629$92.0M2025-Q2
UBS Group AGTRIM389,160196,472-49.5%$16.6M2025-Q2
TWO SIGMA INVESTMENTS, LPTRIM281,283179,077-36.3%$15.2M2025-Q2
RENAISSANCE TECHNOLOGIES LLCNEW171,621$14.5M2025-Q2
UBS Group AGDOUBLED193,001389,160+101.6%$30.8M2025-Q1
TWO SIGMA INVESTMENTS, LPADD209,594281,283+34.2%$22.3M2025-Q1
CITADEL ADVISORS LLCTRIM160,89575,402-53.1%$6.0M2025-Q1
NORGES BANKEXIT1,110,6300-100.0%$0.002025-Q1
UBS Group AGADD147,687193,001+30.7%$11.7M2024-Q4
RENAISSANCE TECHNOLOGIES LLCEXIT20,7000-100.0%$0.002024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW920,918$55.8M2024-Q3
10 unique insiders with 0 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 1, 2026BAUMANN BARBARA MDirectorA469$93.29$43.8K
Apr 1, 2026JAGGERS JOSEPH NDirectorA469$93.29$43.8K
Apr 1, 2026SHAW JEFFREY WDirectorA469$93.29$43.8K
Apr 1, 2026ANDERSON DAVID HUGODirectorA469$93.29$43.8K
Apr 1, 2026Carroll David C.DirectorA469$93.29$43.8K
Apr 1, 2026Finch Steven C.DirectorA469$93.29$43.8K
Apr 1, 2026TANSKI RONALD JDirectorA469$93.29$43.8K
Apr 1, 2026Ranich RebeccaDirectorA469$93.29$43.8K
Apr 1, 2026SKAINS THOMAS EDirectorA469$93.29$43.8K
Apr 1, 2026SMITH DAVID FDirectorA469$93.29$43.8K
Jan 15, 2026Finch Steven C.DirectorJ115$81.29$9.3K
Jan 15, 2026Ranich RebeccaDirectorJ116$81.83$9.5K
Jan 15, 2026Ranich RebeccaDirectorJ115$81.29$9.3K
Jan 15, 2026SMITH DAVID FDirectorJ115$81.29$9.3K
Jan 15, 2026ANDERSON DAVID HUGODirectorJ1$81.83$81.83
Jan 15, 2026ANDERSON DAVID HUGODirectorJ115$81.29$9.3K
Jan 15, 2026Carroll David C.DirectorJ198$81.83$16.2K
Jan 15, 2026SKAINS THOMAS EDirectorJ115$81.29$9.3K
Jan 15, 2026Carroll David C.DirectorJ115$81.29$9.3K
Current analyst consensus: Buy (63% buy). Based on 8 analysts: 2 strong buy, 3 buy, 3 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$101.50 mean target +32.1% upside Strong Buy (2.00)
$93.00 Low $110.00 High
MetricValue
Current Price$76.81
Target Low$93.00
Target Mean$101.50
Target Median$101.50
Target High$110.00
# Analysts2
RecommendationStrong Buy (2.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$1.42 $1.34 $1.50 -13.4% 0↑ 4↓ $0.6B 5.7% 4
Next Q
2026-09-30
$1.31 $1.29 $1.34 7.0% 0↑ 4↓ $0.5B 9.6% 4
Current FY
2026-09-30
$7.43 $7.31 $7.60 7.5% 1↑ 3↓ $2.6B 13.8% 5
Next FY
2027-09-30
$7.95 $7.09 $9.03 7.0% 1↑ 3↓ $3.0B 17.5% 5

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$1.421
7d ago$1.503-0.083
30d ago$0.000+1.421
60d ago$1.676-0.256
90d ago$1.712-0.291
1 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 1 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Apr 7, 2026 Keybanc INITIATE Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262330063%
May 1, 20263330067%
Apr 1, 20263230063%
Mar 1, 20263240056%
Feb 1, 20263240056%
Jan 1, 20263240056%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 20, 2026
short_volume
Short Volume: NFG — 57.8% short (0.3M / 0.5M)
Short: 293,028 | Exempt: 3 | TRF Vol: 507,096 | Short Ratio: 57.8% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: NFG — 1.5M shares, 36,019 trades
Week starting 2026-05-18. Total ATS volume: 1,524,184 shares across 36,019 trades.
May 11, 2026
dark_pool
Dark Pool: NFG — 1.2M shares, 29,561 trades
Week starting 2026-05-11. Total ATS volume: 1,183,437 shares across 29,561 trades.
May 4, 2026
dark_pool
Dark Pool: NFG — 1.4M shares, 30,361 trades
Week starting 2026-05-04. Total ATS volume: 1,353,670 shares across 30,361 trades.
May 1, 2026
short_volume
Short Volume: NFG — 60.8% short (0.4M / 0.6M)
Short: 358,000 | Exempt: 617 | TRF Vol: 588,418 | Short Ratio: 60.8% | Off-exchange volume (dark pool + OTC)
Apr 30, 2026
short_volume
Short Volume: NFG — 62.2% short (0.4M / 0.6M)
Short: 400,503 | Exempt: 433 | TRF Vol: 643,884 | Short Ratio: 62.2% | Off-exchange volume (dark pool + OTC)
Apr 29, 2026
earnings
National Fuel Reports Second Quarter Fiscal 2026 Earnings
<p align="justify">WILLIAMSVILLE, N.Y., April 29, 2026 (GLOBE NEWSWIRE) -- National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) t
Apr 29, 2026
earnings_calendar
NFG Q2 2026 Earnings Scheduled — 2026-04-29
Apr 29, 2026
short_volume
Short Volume: NFG — 77.0% short (0.4M / 0.6M)
Short: 449,652 | Exempt: 0 | TRF Vol: 584,211 | Short Ratio: 77.0% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
dark_pool
Dark Pool: NFG — 1.8M shares, 42,411 trades
Week starting 2026-04-27. Total ATS volume: 1,821,391 shares across 42,411 trades.
Apr 20, 2026
dark_pool
Dark Pool: NFG — 1.0M shares, 26,418 trades
Week starting 2026-04-20. Total ATS volume: 1,040,644 shares across 26,418 trades.
Apr 16, 2026
short_interest
FTD: NFG — 165,194 shares ($14.8M) failed to deliver
Settlement: 20260416, Price: $89.49, FTD Value: $14,783,211.06, NATIONAL FUEL GAS CO N.J.
Apr 13, 2026
dark_pool
Dark Pool: NFG — 0.9M shares, 28,213 trades
Week starting 2026-04-13. Total ATS volume: 908,535 shares across 28,213 trades.
Apr 9, 2026
earnings
National Fuel Schedules Second Quarter Fiscal 2026 Earnings Conference Call
<p>WILLIAMSVILLE, N.Y., April 09, 2026 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) today announced it will release its second quarter
Apr 6, 2026
dark_pool
Dark Pool: NFG — 0.8M shares, 23,695 trades
Week starting 2026-04-06. Total ATS volume: 758,319 shares across 23,695 trades.