OakChart

National Fuel Gas Co

NFGEnergy·Oil & Gas Integrated·USA·Mid·NYSE·Nov 11 • 3:59 PM ET

75.69+1.03 (1.38%)
2026-11-11 23:57 CET
Market cap
7,096.07 USD m
Revenue, TTM
2,395.02 USD m
Net income, TTM
665.44 USD m
Free cash flow, TTM
181.25 USD m
EPS diluted, TTM
7.03
P/E
10.76
Compare

Price

NFG against its 20, 50 and 200-day averages
2050200miss
75.0080.0085.0090.001.3M2.5MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26NFGclose 75.6920-day 78.3150-day 79.17200-day 83.1275.6952w low

22.0% under the 52-week high of 97.06 on 16 Mar 2026. 52-week low 73.01 on 9 Nov 2026. Last 15 sessions, 12.3% high to low

Volume 0.98× normal · the line is the 50-bar volume average

Profile

NFG
52-week range, 11% of the way up
73.0197.06

National Fuel Gas Co. is a holding company, which engages in the production, gathering, transportation, storage, and distribution of natural gas. It operates through the following segments: Integrated Upstream and Gathering, Pipeline and Storage, and Utility. The Integrated Upstream and Gathering segment is composed of the operations of Seneca Resources Company and National Fuel Gas Midstream Company. The Pipeline and Storage segment transports and stores natural gas owned by customers. The Utility segment sells natural gas to retail customers and provides natural gas transportation services. The company was founded on December 8, 1902 and is headquartered in Williamsville, NY.

IndexRUI
Employees2322
IPOJul 25, 1955
Beta0.38
ATR, 14d1.88
Rel volume0.98
Short float5.06%
Insider own1.44%
Inst own84.41%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap7.19B
Enterprise Value9.66B
Income665.44M
Sales2.40B
Book/sh41.95
Cash/sh15.57
Dividend Est.2.24 (2.96%)
Dividend TTM2.18 (2.88%)
Dividend Ex-DateSep 30, 2026
Dividend Gr. 3/5Y3.96% 3.91%
Payout31.05%
Employees2322
IPOJul 25, 1955

Ratios

P/E10.76
Forward P/E9.91
PEG-
P/S3.00
P/B1.80
P/C4.86
P/FCF39.69
EV/EBITDA7.14
EV/Sales4.03
Quick Ratio1.45
Current Ratio1.54
Debt/Eq0.99
LT Debt/Eq0.82
Option/ShortYes / Yes

Earnings

EPS (ttm)7.03
EPS next Y7.63
EPS next Q2.14
EPS this Y-0.53%
EPS next Y1.66%
EPS next 5Y-
EPS past 3/5Y10.75% 12.10%
Sales past 3/5Y3.59% 6.61%
EPS Y/Y TTM23.57%
Sales Y/Y TTM7.80%
EPS Q/Q-13.35%
Sales Q/Q7.77%
EarningsNov 04 AMC
EPS/Sales Surpr.17.03% -0.96%

Ownership

Insider Own1.44%
Insider Trans0.00%
Inst Own84.41%
Inst Trans2.36%
ROA6.70%
ROE18.79%
ROIC9.17%
Gross Margin40.21%
Oper. Margin36.30%
Profit Margin27.78%
SMA20-3.34%
SMA50-4.40%
SMA200-8.94%
Trades-

Technical

Shs Outstand95.06M
Shs Float93.67M
Short Float5.06%
Short Ratio5.34
Short Interest4.74M
52W High97.06 -22.02%
52W Low73.01 3.67%
Volatility3.24% 2.53%
ATR (14)1.88
RSI (14)41.26
Beta0.38
Rel Volume0.98
Avg Volume887.16K
Volume866,270

Performance

Perf Week-1.11%
Perf Month-6.66%
Perf Quarter-7.14%
Perf Half Y-6.16%
Perf YTD-5.46%
Perf Year-5.48%
Perf 3Y49.56%
Perf 5Y25.50%
Perf 10Y48.01%
Recom2.20
Target Price91.00
Prev Close74.66
Price75.69
Change %1.38%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Apr 07, 2026InitiatedKKeyBanc Capital MarketsOverweight$110+45.3%
Jul 15, 2025UpgradeBBofA SecuritiesUnderperform → Buy$107+41.4%
Oct 28, 2024ResumedBBofA SecuritiesUnderperform$62-18.1%
Sep 13, 2023UpgradeBScotiabankSector Perform → Sector Outperform
Feb 06, 2023DowngradeRRaymond JamesOutperform → Mkt Perform
Jan 17, 2023DowngradeBScotiabankSector Outperform → Sector Perform$91 → $85+12.3%
Jul 25, 2022ResumedBScotiabankSector Outperform$89+17.6%
Jan 10, 2022ResumedBBofA SecuritiesUnderperform$66-12.8%
Mar 23, 2021ResumedGGoldmanNeutral$46-39.2%
Sep 24, 2020InitiatedGGoldmanNeutral$45.50-39.9%

Peers

Mkt cap
TickerCompanyMkt cap
CNXCNX Resources Corp5.19B
EQTEQT Corp32.96B
RRCRange Resources Corp12.12B
ARAntero Resources Corp11.74B
NJRNew Jersey Resources Corp5.56B
UGIUGI Corp8.05B
DTMDT Midstream Inc12.14B
SRSpire Inc5.22B
NINiSource Inc21.85B
ATOAtmos Energy Corp29.68B

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
EMLPFirst Trust North American Energy Infrastructure FundAUM: 4.18B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
SDYState Street SPDR S&P Dividend ETFAUM: 22.68B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
VPUVanguard Utilities ETFAUM: 8.19B
DFASU.S. Small Cap Portfolio-ETF Class SharesAUM: 15.51B

News

latest 14 of 200
  • National Fuel Gas Tops Q4 Estimates, But A Lower FY27 Guide And Stalled Seneca Production Overshadow The Beat (Earnings Whispers)
  • National Fuel Gas: Fiscal Q4 Earnings Snapshot (Associated Press)
  • National Fuel Reports Fourth Quarter and Full Year Fiscal 2026 Earnings (GlobeNewswire)
  • National Fuel Gas Faces Production Test As Ohio Deal Shifts Focus To Fiscal 2027 Outlook (Earnings Whispers)
  • National Fuel Schedules Fourth Quarter and Full Year Fiscal 2026 Earnings Conference Call (GlobeNewswire)
  • National Fuel Gas Company Announces Plan to Separate Its Integrated Upstream and Gathering Business (GlobeNewswire)
  • CenterPoint Closes $2.62 Billion Sale of Ohio Gas Utility (Oilprice.com)
  • National Fuel Gas Company Completes Acquisition of CenterPoint Energy's Ohio Natural Gas Utility (GlobeNewswire)
  • CenterPoint Energy completes sale of its Ohio natural gas business to National Fuel Gas Company for $2.62 billion (PR Newswire)
  • National Fuel Declares Quarterly Dividend (GlobeNewswire)
  • National Fuel Gas Company Announces Timeline to Conclude Evaluation of a Plan to Separate into Two Independent Publicly Traded Companies (GlobeNewswire)
  • National Fuel Releases its 2025 Corporate Responsibility Report (GlobeNewswire)
  • National Fuel Gas Co (NFG) (Q3 2026) Earnings Call Highlights: Strong Long-Term Growth Outlook ... (GuruFocus.com)
  • National Fuel Gas: Fiscal Q3 Earnings Snapshot (Associated Press)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q42026-11-041.2201.0431.020467.85472.394
2026Q32026-07-291.5401.4381.448537.5564.334
2026Q22026-04-292.7102.8362.588858.37856.575
2026Q12026-01-282.0601.9371.975651.51653.765
2025Q42025-11-051.2201.1141.177456.41513.485
2025Q32025-07-301.6401.5201.644531.83596.115
2025Q22025-04-302.3902.2112.373729.95774.565
2025Q12025-01-291.6601.5280.492549.48617.145
2024Q42024-11-060.7700.824-1.837372.07524.695
2024Q32024-07-310.9900.958-0.590417.44540.624
2024Q22024-05-011.7901.5111.797629.94767.334
2024Q12024-02-071.4601.3311.439525.36664.575
2023Q42023-11-010.7800.8420.798368.95475.085
2023Q32023-08-021.0100.9061.004428.7510.65
2023Q22023-05-031.5401.5601.535717.26697.115
2023Q12023-02-021.8401.6951.839658.86594.444

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY3.3003.3063.2961,5801,826
2018FY3.3403.3654.5291,5931,620
2019FY3.4503.4213.5071,5931,741
2020FY2.9202.882-1.4071,5461,659
2021FY4.2904.0883.9661,7431,889
2022FY5.8805.9406.1452,1862,295
2023FY5.1705.2165.1672,1742,344
2024FY5.0104.5380.8391,9452,168
2025FY6.9106.8195.6842,2782,401
2026FY7.5507.2507.0202,5152,549
2027FY-7.510--3,008
2028FY-7.635--2,962

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2027Q1S2026-11-09311821721.81991.19
2027Q1S2026-11-05311826.66721.81991.19
2027Q1S2026-11-04311826.66721.81991.19
2027Q1S2026-10-19311826.66721.81991.19
2027Q1S2026-10-12311827.04722.92991.19
2027Q1S2026-09-14311812.25722.92946.83
2027Q1S2026-09-09310815.25722.92946.83
2027Q1S2026-09-01311815.25722.92946.83
2027Q1S2026-08-28311816.21725.79946.83
2027Q1S2026-08-27312815.54725.79946.83
2027Q1S2026-08-11302802.46725.79907.58
2027Q1S2026-07-30303802.46725.79907.58
2027Q1S2026-07-23303805.12725.79907.58
2027Q1S2026-07-14303807.16725.79913.69

Estimate history

EPS, annual4.5293.507-1.4073.9666.1455.1670.8395.6847.02
Period201820192020202120222023202420252026
EPS, quarterly-1.8370.4922.3731.6441.1771.9752.5881.4481.02
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Sales, annual1595.5911692.9121444.1861826.373068.6142262.4271728.1552231.652515.222
Period201820192020202120222023202420252026
Sales, quarterly310.616519.978738.11529.572434.116638.233809.613479.327467.845
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Shares, annual85.95786.31590.95591.18291.47891.81991.00690.37995.06
Period201820192020202120222023202420252026
Shares, quarterly91.00690.61390.39890.35690.37995.01795.02795.03695.06
PeriodQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26

Income statement, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Total Revenue2,395.022,515.222,231.651,728.152,262.433,068.611,826.371,444.191,692.91
Cost of Goods Sold Incl. D&A1,432.061,432.061,227.901,127.111,325.921,283.08982.94978.871,090.79
Gross Profit962.961,083.161,003.75601.05936.501,785.53843.43465.32602.12
Other Operating Expense93.4793.4794.3888.8592.70101.1894.7188.4088.89
Operating Income869.49989.69909.37512.20843.801,684.35748.72376.92513.24
Interest Expense159.29159.30155.83138.69131.89130.36146.36117.08106.76
Unusual Expense0.000.00141.80519.130.000.0076.15440.36-4.04
Net Income Before Taxes884.32884.32694.0587.25641.40682.65478.33-105.03389.51
Income Taxes218.87218.87175.559.74164.53116.63114.6818.7485.22
Consolidated Net Income665.44665.44518.5077.51476.87566.02363.65-123.77304.29
Net Income From Continuing Operations665.44665.44518.5077.51476.87566.02363.65-123.77304.29
Net Income665.44665.44518.5077.51476.87566.02363.65-123.77304.29
EPS (Recurring)--6.774.775.176.154.552.103.47
EPS (Basic, Before Extraordinaries)7.087.075.730.845.206.193.99-1.413.53
EPS (Diluted)7.037.025.680.845.176.153.97-1.413.51
EBITDA1,353.581,473.791,376.83977.961,261.732,064.111,094.16690.60794.97
Non-Operating Income (Expense)174.1253.9282.32232.88-70.52-871.34-47.8875.48-21.01
Other After Tax Adjustments--0.000.000.000.000.000.000.00
Stock Option Compensation Expense--15.0117.3716.3515.1012.8011.0015.70
Price To Earnings Ratio10.6210.6234.5717.608.5210.0213.24-13.38
Price To Sales Ratio3.032.863.783.242.121.852.642.472.40
Gross Margin40.2143.0644.9834.7841.3958.1946.1832.2235.57
Operating Margin36.3039.3540.7529.6437.3054.8941.0026.1030.32
Net Margin27.7826.4623.234.4921.0818.4519.91-8.5717.97
Shares Outstanding95.0695.0690.3891.0191.8291.4891.1890.9586.32
Market Capitalization7,096.077,096.078,346.905,537.144,766.345,630.344,788.833,691.844,049.90

Income statement, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q32025Q22025Q1
Total Revenue467.85479.33809.61638.23434.12529.57738.11519.98
Cost of Goods Sold Incl. D&A289.40306.07485.96350.62253.71277.40387.48299.43
Gross Profit178.44173.25323.65287.61180.41252.17350.63220.54
Other Operating Expense20.9522.4825.2724.7622.9324.1825.2122.06
Operating Income157.50150.77298.38262.85157.47227.99325.41198.49
Interest Expense46.1736.0133.7343.3735.4537.8944.7637.74
Unusual Expense0.000.000.000.000.000.000.00141.80
Net Income Before Taxes128.14184.79330.40240.98149.26200.90287.7356.17
Income Taxes30.6346.1782.7359.3441.9251.0871.3711.18
Consolidated Net Income97.51138.62247.67181.65107.34149.82216.3644.99
Net Income From Continuing Operations97.51138.62247.67181.65107.34149.82216.3644.99
Net Income97.51138.62247.67181.65107.34149.82216.3644.99
EPS (Recurring)-1.452.591.981.181.642.371.58
EPS (Basic, Before Extraordinaries)1.031.462.611.991.191.662.390.50
EPS (Diluted)1.021.452.591.981.181.642.370.49
EBITDA279.17271.83417.70384.87277.01344.40436.69307.86
Non-Operating Income (Expense)16.8270.0465.7621.5127.2310.797.0737.22
Other After Tax Adjustments-0.000.000.000.000.000.000.00
Price To Earnings Ratio10.6210.4613.1114.0834.57193.01-74.90
Price To Sales Ratio3.033.133.733.153.793.683.783.18
Gross Margin38.1436.1439.9845.0641.5647.6247.5042.41
Operating Margin33.6631.4536.8541.1836.2743.0544.0938.17
Net Margin20.8428.9230.5928.4624.7328.2929.318.65
Shares Outstanding95.0695.0495.0395.0290.3890.3690.4090.61
Market Capitalization7,096.077,337.688,928.687,253.838,346.907,653.727,170.835,511.13

Balance sheet, annual

Currency USD, millions
Metric2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Cash & Short Term Investments1,479.7043.1738.2255.45137.72120.1420.5427.26233.05
Short Term Receivables222.69212.02164.06207.96397.63223.80164.71209.68196.96
Inventories103.7089.7882.7281.50172.34120.3685.2279.5977.84
Other Current Assets88.8865.7670.9169.5353.4458.1643.7346.0936.74
Total Current Assets1,894.96410.73355.92414.43761.13522.45314.20362.62544.59
Net Property, Plant & Equipment8,384.607,753.967,383.417,339.536,603.606,407.886,017.925,509.514,977.14
Total Investments and Advances209.1963.26124.8082.2262.03105.07121.82152.51102.09
Long-Term Note Receivable--80.0869.05106.25121.99118.31115.20115.46
Intangible Assets5.485.485.485.485.485.485.485.485.48
Deferred Tax Assets-103.86119.76123.94335.55318.59256.00--
Other Assets535.09485.69370.08369.56357.78301.95387.22316.84291.72
Total Assets11,029.318,822.978,439.538,404.208,231.827,783.427,220.936,462.166,036.49
Short Term Debt Incl. Current Port. of LT Debt680.00461.68602.22297.47709.45193.9550.6173.2612.06
Accounts Payable190.07185.01207.79211.21178.94171.68144.91136.22163.43
Income Tax Payable-----0.150.16-0.00
Other Current Liabilities361.90279.07285.89297.631,054.18870.36263.89212.43264.57
Total Current Liabilities1,231.97925.761,095.89806.311,942.571,236.13459.57421.91440.06
Long Term Debt3,268.222,412.542,220.862,413.992,106.292,648.322,644.352,133.722,131.36
Provision for Risks Charges599.42548.37512.16436.97526.71571.25676.92627.69544.97
Deferred Tax Liabilities1,378.501,329.131,230.921,248.111,033.78979.01952.05653.38512.69
Other Liabilities563.20512.56531.35535.44542.57562.49516.05486.43470.08
Total Liabilities7,041.315,728.365,591.185,440.826,151.925,997.215,248.944,323.134,099.16
Non-Equity Reserves-0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,988.013,094.602,848.342,963.382,079.901,786.211,971.992,139.031,937.33
Total Shareholders Equity3,988.013,094.602,848.342,963.382,079.901,786.211,971.992,139.031,937.33
Accumulated Minority Interest-0.000.000.000.000.000.000.000.00
Total Equity3,988.013,094.602,848.342,963.382,079.901,786.211,971.992,139.031,937.33
Total Liabilities & Stockholders Equity11,029.318,822.978,439.538,404.208,231.827,783.427,220.936,462.166,036.49
Book Value Per Share41.9534.2431.3032.2722.7419.5921.6824.7822.54
Tangible Book Value Per Share41.8934.1831.2432.2122.6819.5321.6224.7222.47
Full-Time Employees-2,3222,3112,2402,1322,1882,1622,1072,105
Price to Book Ratio1.782.811.781.622.712.681.871.892.50
Return on Assets6.706.010.925.737.074.85-1.814.876.45
Return on Equity18.7917.452.6718.9129.2819.35-6.0214.9321.51
Return on Invested Capital9.179.421.538.8713.528.20-2.687.129.62
Quick Ratio1.450.350.250.410.300.330.500.671.06
Current Ratio1.540.440.320.510.390.420.680.861.24

Cash flow, annual

Currency USD, millions
MetricTTM2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Net Income665.44665.44518.5077.51476.87566.02363.65-123.77304.29
Depreciation484.09484.09456.59457.03409.57369.79335.30306.16275.66
Other Funds (Non Cash)45.1145.11188.88565.6240.2820.2268.76470.9029.79
Funds from Operations1,303.901,303.901,285.251,097.551,078.121,060.45873.71707.60732.01
Extraordinary Item--0.000.000.000.000.000.000.00
Changes in Working Capital-31.82-31.82-185.22-31.59158.96-247.93-82.1533.21-37.53
Cash from Operating Activities1,272.081,272.081,100.031,065.961,237.08812.52791.55740.81694.48
Capital Expenditures-1,090.84-1,090.84-912.82-931.24-1,009.87-811.83-751.73-716.15-788.94
Net Assets From Acquisitions--0.000.00-124.760.000.00-506.260.00
Sale of Fixed Assets and Businesses--0.000.000.00254.44104.580.000.00
Purchase or Sale of Investments--7.000.0010.0030.000.000.000.00
Purchase of Investments--0.000.000.000.000.000.000.00
Sale Or Maturity of Investments--7.000.0010.0030.000.000.000.00
Other Uses--0.00-2.670.000.000.00-1.21-10.24
Other Sources17.4017.4014.120.0012.288.6813.940.000.00
Cash from Investing Activities-1,073.44-1,073.44-891.70-933.90-1,112.35-518.70-633.22-1,223.62-799.17
Cash Dividends Paid-202.77-202.77-188.44-183.80-176.10-168.15-163.09-153.32-147.42
Change in Capital Stock331.56331.56-59.09-68.04-6.71-9.59-3.70161.60-8.88
Repurchase of Common Pref Stock-6.84-6.84-59.09-68.04-6.71-9.59-3.700.00-8.88
Sale of Common Pref Stock338.40338.400.000.000.000.000.00161.600.00
Proceedsfrom Stock Options338.40338.400.000.000.000.000.00161.600.00
Issuance or Reduction of Debt, Net1,109.101,109.1044.14102.56-24.19-98.50108.05467.8155.20
Change in Long Term Debt879.30879.30-15.36299.36-251.690.00-20.45493.010.00
Issuance of Long Term Debt1,480.541,480.54988.73299.36297.310.00495.27493.010.00
Reduction of Long Term Debt-601.24-601.24-1,004.090.00-549.000.00-515.720.000.00
Net Financing Active Other Cash Flow--0.000.000.000.000.000.000.00
Other Financing Activities Uses--0.000.000.000.000.000.000.00
Cash from Financing Activities1,237.891,237.89-203.38-149.28-207.00-276.24-58.74476.09-101.09
Net Change in Cash1,436.541,436.544.94-17.23-82.2717.5899.60-6.72-205.79
Free Cash Flow181.25181.25187.21134.72227.210.6939.8224.66-94.45
Preferred Dividends (Cash Flow)--0.000.000.000.000.000.000.00
Price to Free Cash Flow----93.73----
Deferred Taxes & Investment Tax Credit-109.26121.27-2.61151.40104.42105.9954.31122.27

Balance sheet, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q3
Cash & Short Term Investments1,479.701,235.1826.60271.4043.1739.32
Short Term Receivables222.69244.83345.51335.54212.02239.93
Inventories103.7066.2171.5589.5689.7866.73
Other Current Assets88.8867.6663.9462.1065.7662.17
Total Current Assets1,894.961,613.87507.60758.60410.73408.15
Net Property, Plant & Equipment8,384.608,094.077,930.187,816.077,753.967,456.01
Total Investments and Advances209.19153.01140.1193.7563.2632.38
Intangible Assets5.485.485.485.485.485.48
Deferred Tax Assets----103.86-
Other Assets535.09585.34544.24531.97485.69453.64
Total Assets11,029.3110,451.779,127.609,205.878,822.978,446.16
Short Term Debt Incl. Current Port. of LT Debt680.000.00341.30690.00461.68361.50
Accounts Payable190.07146.85143.47142.15185.01147.41
Income Tax Payable-35.2612.0310.06-15.34
Other Current Liabilities361.90322.11323.35331.76279.07365.65
Total Current Liabilities1,231.97504.22820.151,173.97925.76889.90
Long Term Debt3,268.223,567.402,084.882,083.892,412.542,381.85
Provision for Risks Charges599.42531.84538.14545.41548.37489.30
Deferred Tax Liabilities1,378.501,353.291,325.731,274.251,329.131,153.43
Other Liabilities563.20571.35534.20540.39512.56556.20
Total Liabilities7,041.316,528.095,303.105,617.915,728.365,470.67
Non-Equity Reserves-0.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3,988.013,923.683,824.503,587.963,094.602,975.49
Total Shareholders Equity3,988.013,923.683,824.503,587.963,094.602,975.49
Accumulated Minority Interest-0.000.000.000.000.00
Total Equity3,988.013,923.683,824.503,587.963,094.602,975.49
Total Liabilities & Stockholders Equity11,029.3110,451.779,127.609,205.878,822.978,446.16
Book Value Per Share41.9541.2940.2537.7634.2432.93
Tangible Book Value Per Share41.8941.2340.1937.7034.1832.87
Full-Time Employees----2,322-
Price to Book Ratio1.781.922.492.342.812.77
Return on Assets6.707.157.807.486.012.88
Return on Equity18.7919.5820.8320.6717.458.00
Return on Invested Capital1.341.854.193.201.952.80
Quick Ratio1.453.070.530.570.350.38
Current Ratio1.543.200.620.650.440.46

Cash flow, quarterly

Currency USD, millions
Metric2026Q42026Q32026Q22026Q12025Q42025Q3
Net Income97.51138.62247.67181.65107.34149.82
Depreciation121.68121.06119.33122.03119.54116.41
Other Funds (Non Cash)12.208.6512.4611.799.6710.21
Funds from Operations251.71288.97413.48349.74297.07311.41
Extraordinary Item-0.000.000.000.000.00
Changes in Working Capital-14.1688.29-31.12-74.82-59.3277.00
Cash from Operating Activities237.55377.26382.36274.92237.75388.41
Capital Expenditures-326.32-266.25-220.64-277.63-285.50-193.06
Net Assets From Acquisitions-0.000.000.000.000.00
Sale of Fixed Assets and Businesses-0.000.000.000.000.00
Purchase or Sale of Investments-0.000.000.007.000.00
Purchase of Investments-0.000.000.000.000.00
Sale Or Maturity of Investments-0.000.000.007.000.00
Other Uses-0.001.25-1.250.000.00
Other Sources7.109.780.520.004.770.47
Cash from Investing Activities-319.22-256.47-218.86-278.89-273.74-192.59
Cash Dividends Paid-52.74-50.84-50.83-48.35-48.34-46.55
Preferred Dividends (Cash Flow)-0.000.000.000.000.00
Change in Capital Stock337.99-0.01-0.07-6.36-0.52-4.07
Repurchase of Common Pref Stock-0.40-0.01-0.07-6.36-0.52-4.07
Sale of Common Pref Stock338.400.000.000.000.000.00
Proceedsfrom Stock Options338.400.000.000.000.000.00
Issuance or Reduction of Debt, Net379.351,138.66-348.70-60.2088.70-197.19
Change in Long Term Debt-0.651,179.96-300.000.00-0.00-50.29
Issuance of Long Term Debt-0.651,481.190.000.00-0.00-0.29
Reduction of Long Term Debt0.00-301.24-300.000.000.00-50.00
Net Financing Active Other Cash Flow--0.01-8.70347.110.000.00
Other Financing Activities Uses-0.000.000.000.000.00
Cash from Financing Activities326.201,087.80-408.30232.2039.83-247.81
Net Change in Cash244.521,208.58-244.80228.233.85-51.99
Free Cash Flow-88.77111.01161.72-2.71-47.75195.35
Price to Free Cash Flow-309.2979.90493.60--

Revenue breakdown

Consolidation, Policy2025: 58.42M
Intelligent program and services2025: 31.01M
Midstream Services2025: 325.27M
Natural Gas Commercial Sales2025: 84.52M
Natural Gas Industrial Sales2025: 4.40M
Natural Gas Liquid Sales2025: 11.81M
Natural Gas Processing2025: 1.20M
Natural Gas Residential Sales2025: 596.99M
Natural Gas Sales2025: 1.10B
Natural Gas, Storage2025: 57.81M
Production of Crude Oil2025: 1.84M
United States2025: 2.28B
Integrated Upstream and Gathering2025: 1.18B
Pipeline And Storage2025: 276.13M
Utility2025: 817.27M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-305.06%4.7M93.7M803.91K
2026-10-155.59%5.2M93.7M751.30K
2026-09-305.39%5.1M93.7M684.86K
2026-09-155.41%5.1M93.7M623.52K
2026-08-315.25%4.9M93.7M654.84K
2026-08-145.49%5.1M93.7M743.40K
2026-07-315.67%5.3M93.7M781.91K
2026-07-155.33%5.0M93.7M796.44K
2026-06-305.69%5.3M93.7M802.13K
2026-06-155.41%5.1M93.6M817.16K
2026-05-295.18%4.8M93.7M838.45K
2026-05-155.07%4.8M93.7M793.01K
2026-04-304.80%4.5M93.7M771.75K
2026-04-154.60%4.3M93.7M776.99K
2026-03-315.10%4.8M93.7M820.59K
2026-03-134.34%4.1M93.7M766.07K
2026-02-273.63%3.4M93.7M721.35K
2026-02-133.60%3.4M93.7M694.67K
2026-01-304.13%3.9M93.4M696.25K
2026-01-154.77%4.5M93.7M645.07K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call45.0028.7031.700.002.5540.000.000.973-0.0760.007
call50.0024.5026.600.002.0700.000.000.934-0.1660.015
call55.0018.8021.300.001.5150.000.000.920-0.1570.017
call60.0013.8016.300.001.1820.000.000.901-0.1460.020
call65.008.9011.600.000.9850.000.000.870-0.1310.025
call70.004.906.205.250.51214.002.000.817-0.1050.031
call75.000.302.251.010.4013010.000.573-0.1030.046
call80.000.000.750.190.47367.000.000.258-0.1110.038
call85.000.000.750.760.7379610.000.170-0.1250.030
call90.000.000.250.180.73079.000.000.067-0.0590.016
call95.000.002.150.100.8916.000.000.058-0.0690.014
call1000.002.150.001.0440.000.000.051-0.0730.012
call1050.002.150.001.1850.000.000.046-0.0770.011
call1100.001.550.001.3170.000.000.043-0.0800.011
call1150.002.150.001.4390.000.000.040-0.0820.010
call1200.002.150.001.5540.000.000.037-0.0840.010
put45.000.000.250.001.7420.000.00-0.028-0.0690.008
put50.000.002.150.001.9640.000.00-0.065-0.1670.015
put55.000.002.150.001.5990.000.00-0.079-0.1570.017
put60.000.002.150.001.2560.000.00-0.099-0.1450.020
put65.000.000.750.200.9264.000.00-0.129-0.1290.025
put70.000.000.750.460.59719.000.00-0.183-0.1030.031
put75.000.651.450.750.38265.003.00-0.426-0.1010.046
put80.004.105.805.100.66613.001.00-0.741-0.1090.038
put85.009.0011.4010.701.1211000.00-0.829-0.1210.030
put90.0014.0016.4015.891.3862320.00-0.930-0.0610.016
put95.0018.9021.300.001.5900.000.00-0.941-0.0650.014
put10023.7026.400.001.8290.000.00-0.948-0.0680.012
put10528.5031.400.002.0200.000.00-0.953-0.0710.011
put11032.8036.400.002.1960.000.00-0.957-0.0730.011
put11537.8041.400.002.3590.000.00-0.960-0.0750.010
put12042.8046.400.002.5120.000.00-0.962-0.0770.010

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-058-KCurrent report2026-11-04SEC
2026-11-048-KCurrent report2026-11-04SEC
2026-10-30SDSpecialized Disclosure ReportSEC
2026-10-148-KCurrent report2026-10-14SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-018-KCurrent report2026-10-01SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-09-174Statement of changes in beneficial ownership of securities2026-09-16SEC
2026-08-118-KCurrent report2026-08-11SEC
2026-08-11424B5SEC
2026-08-11S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-07-3010-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-29SEC
2026-07-298-KCurrent report2026-07-29SEC
2026-07-024Statement of changes in beneficial ownership of securities2026-07-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.10.20%
VANGUARD PORTFOLIO MANAGEMENT LLC8.45%
VANGUARD CAPITAL MANAGEMENT LLC4.51%
STATE STREET CORP4.42%
Energy Income Partners, LLC3.15%
PRICE T ROWE ASSOCIATES INC /MD/2.48%
GABELLI FUNDS LLC2.45%
LSV ASSET MANAGEMENT2.41%
AQR CAPITAL MANAGEMENT LLC2.07%
GEODE CAPITAL MANAGEMENT, LLC1.98%

Funds

Fund% owned
CrossingBridge Low Duration High Income Fund32.16%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND31.74%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND30.61%
Permanent Portfolio26.31%
Baird Short-Term Bond Fund24.62%
LORD ABBETT BOND DEBENTURE FUND INC22.94%
Lord Abbett Short Duration Income Fund17.41%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND15.78%
PIMCO Investment Grade Credit Bond Fund14.84%
T. Rowe Price Ultra Short-Term Bond Fund14.79%

OakChart. NFG. Cached 15 minutes.

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