When looking at the last two reports, this energy company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 18.78%, on average, in the last two quarters. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate cou ...

National Fuel Gas is a member of the Utilities sector. This group includes 105 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. Within the past quarter, the Zacks Consensus Estimate for NFG's full-year earnings has moved 6.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Anoth ...

WILLIAMSVILLE, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) today announced it will release its third quarter fiscal 2024 earnings results on Wednesday, July 31, 2024 after market close. A conference call to discuss the results will be held on Thursday, August 1, 2024 beginning at 10:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. All participants must pre-register to join this conferenc ...

WILLIAMSVILLE, N.Y., July 11, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) today announced it will release its third quarter fiscal 2024 earnings results on Wednesday, July 31, 2024 after market close. A conference call to discuss the results will be held on Thursday, August 1, 2024 beginning at 10:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. A replay will be available following the call through the ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. National Fuel Gas in Focus Taking a look at the company's dividend growth, its current annualized dividend of $2.06 is up 6.2% from last year. In the past five-year period, National Fuel Gas has increased its dividend 5 times on a year-over-year basis for an av ...

With the S&P 500 and Nasdaq still near record highs now may be a good time to scope out utility stocks which can serve as defensive investments in case of an eventual correction. Seeing as their services have consistent and stable demand, it's noteworthy that three utility stocks were added to the Zacks Rank #1 (Strong Buy) list over the last week. We'll start with National Fuel Gas Company, an integrated energy company with natural gas assets in the prolific Appalachian basin along with oil-producing asset ...

National Fuel Gas (NFG) benefits from its high-quality Appalachian assets and rising earnings estimates. Expanding upstream and midstream operations are other tailwinds. Growth Projections Return on Equity & Dividend Yield Share Repurchase The current debt to capital of the company is 41.94% compared with its industry average of 43.83%. In a high interest rate environment, lower debts compared with the industry average is a positive for the company. This indicates National Fuel Gas can run its operation wit ...

Company Background and Recent Earnings Results The company's operations include upstream, midstream, and downstream assets. Of these, the upstream business is the most important to the company. In total, National Fuel Gas has more than 1 million acres located in the Marcellus and Utica shales and serves more than 750,000 utility customers in western New York and northwestern Pennsylvania. National Fuel Gas reported earnings results for the second quarter of fiscal year 2024. Revenue for the period fell 12.2 ...

Can NFG Sustain Dividend Hikes? NFG has the potential to expand and improve even further, which suggests that management will have sufficient funds to continue with its shareholder-friendly activities in the future. This increase resulted in an annualized dividend of $2.06 per share compared with the previous level of $1.98. National Fuel Gas' current dividend yield is 3.6%, higher than the Zacks S&P 500 composite's average of 1.36%. Since 2010, National Fuel Gas Company has invested $2.7 billion in midstre ...

WILLIAMSVILLE, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Today, the National Fuel Gas Company ("National Fuel" or the "Company") (NYSE: NFG) Board of Directors approved a 4.0% increase in the dividend on the Company's common stock, raising the quarterly rate from 49.5 cents per share as approved in June 2023 to 51.5 cents per share for an annual rate of $2.06 per share. This dividend is payable July 15, 2024, to stockholders of record at the close of business on June 28, 2024. The Company has approximately 91 ...