National Fuel Gas pany(NFG)

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Should Value Investors Buy National Fuel Gas Company (NFG) Stock?
ZACKS· 2024-08-20 14:41
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and ...
National Fuel Gas (NFG) Q3 Earnings Beat, Sales Decline Y/Y
ZACKS· 2024-08-01 12:35
National Fuel Gas Company (NFG) reported third-quarter fiscal 2024 adjusted operating earnings of 99 cents per share, which surpassed the Zacks Consensus Estimate of 92 cents by 7.6%. However, the bottom line decreased 2% from the year-ago quarter's reported figure of $1.01. GAAP earnings for the quarter were 59 cents per share, down 41% from the year-ago level of $1.00. Total Revenues NFG reported sales of $417.4 million, which missed the Zacks Consensus Estimate of $528 million by 20.9%. The top line also ...
National Fuel Gas (NFG) Tops Q3 Earnings Estimates
ZACKS· 2024-08-01 00:05
National Fuel Gas (NFG) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.61%. A quarter ago, it was expected that this energy company would post earnings of $1.41 per share when it actually produced earnings of $1.79, delivering a surprise of 26.95%. Over the last four quarters, the ...
National Fuel Reports Third Quarter Fiscal 2024 Earnings and Announces Preliminary Guidance for Fiscal 2025
Newsfilter· 2024-07-31 20:45
WILLIAMSVILLE, N.Y., July 31, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the third quarter of its 2024 fiscal year and for the nine months ended June 30, 2024. FISCAL 2024 THIRD QUARTER SUMMARY GAAP net loss of $54.2 million, or $0.59 per share, which includes a $145.0 million non-cash, after-tax impairment charge related to the carrying value of exploration and production properties, compared to GAAP net income o ...
Will National Fuel Gas (NFG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-18 17:15
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 ...
Are Utilities Stocks Lagging National Fuel Gas Company (NFG) This Year?
ZACKS· 2024-07-18 14:41
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 ...
National Fuel Schedules Third Quarter Fiscal 2024 Earnings Conference Call
Newsfilter· 2024-07-11 18:41
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 ...
National Fuel Schedules Third Quarter Fiscal 2024 Earnings Conference Call
GlobeNewswire News Room· 2024-07-11 18:41
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 ...
National Fuel Gas (NFG) Could Be a Great Choice
ZACKS· 2024-07-10 16:51
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 ...
As Markets Near Record Highs, 3 Utility Stocks Flashing Buy
ZACKS· 2024-07-08 22:42
Core Viewpoint - Utility stocks are positioned as defensive investments amid high market indices, making them attractive for potential corrections [1][9]. Group 1: Utility Stocks Overview - Three utility stocks have been added to the Zacks Rank 1 (Strong Buy) list recently, indicating strong investment potential [2]. - Utility stocks are essential services, providing electricity, water, and gas, which remain in demand regardless of economic conditions [9]. Group 2: National Fuel Gas Company (NFG) - NFG is a prominent natural gas distributor and a "Dividend King," having increased its dividend for over 50 years, with a current annual dividend yield of 3.8% [10]. - The stock trades at 10.6X forward earnings, significantly lower than the S&P 500's 23.5X and the industry average of 14X, with expected earnings rebounding by 15% in fiscal 2025 to $5.83 per share [11]. Group 3: Primo Water - Primo Water is a pure-play water solutions provider with a projected annual earnings increase of 53% in FY24 to $0.95 per share, compared to $0.62 last year, and a further 16% increase in FY25 [5]. - Earnings estimate revisions for FY24 and FY25 have risen by 8% and 3% respectively over the last 60 days, with a 1.7% annual dividend yield that has been increased 13 times in the past five years [12]. Group 4: Veolia Environnement - Veolia Environnement is the only global company offering a full range of environmental services, with total sales expected to rise by 8% in FY24 and another 2% in FY25 to $49.85 billion [7]. - The stock is trading at $15 and 7.3X forward earnings, with annual earnings projected to increase by 207% this year to $2.18 per share, and a further 12% rise in FY25 [13].