National Fuel Gas pany(NFG)

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National Fuel Gas: A Dividend King In A Highly Cyclical Sector
Seeking Alpha· 2024-06-15 13:43
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 ...
National Fuel Gas' (NFG) Board Approves 4% Dividend Hike
ZACKS· 2024-06-14 12:45
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 ...
National Fuel Increases Dividend Rate for 54th Consecutive Year
Newsfilter· 2024-06-13 13:27
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 ...
National Fuel Increases Dividend Rate for 54th Consecutive Year
GlobeNewswire News Room· 2024-06-13 13:27
National Fuel has paid dividends for 122 consecutive years and has increased its annual dividend for 54 straight years. 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. National Fuel is a di ...
National Fuel Gas pany(NFG) - 2024 Q2 - Earnings Call Transcript
2024-05-02 19:30
National Fuel Gas Company (NYSE:NFG) Q2 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Natalie Fischer - Director of Investor Relations David Bauer - President and Chief Executive Officer Timothy Silverstein - Treasurer and Principal Financial Officer Justin Loweth - President-Seneca Resources and National Fuel Midstream Conference Call Participants Zach Parham - JPMorgan Neil Mehta - Goldman Sachs Operator Hello, everyone and welcome to the National Fuel Gas Company Q2 Fiscal 20 ...
National Fuel Gas pany(NFG) - 2024 Q2 - Quarterly Report
2024-05-02 15:42
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____ to_____ Commission File Number 1-3880 NATIONAL FUEL GAS COMPANY (Exact name of registrant as specified in its charter) New Jersey 13-1086010 (State ...
National Fuel Gas (NFG) Q2 Earnings Top, Sales Decline Y/Y
Zacks Investment Research· 2024-05-02 15:11
National Fuel Gas Company (NFG) reported fiscal second-quarter 2024 adjusted operating earnings of $1.79 per share, which surpassed the Zacks Consensus Estimate of $1.41 by 26.9%. The bottom line also increased 16.2% from the year-ago quarter’s reported figure of $1.54.GAAP earnings for the quarter were $1.80 per share, up 17.6% from the year-ago level of $1.53.Total RevenuesNFG reported sales of $629.9 million, which missed the Zacks Consensus Estimate of $679 million by 7.2%. The top line also declined 12 ...
National Fuel Gas pany(NFG) - 2024 Q2 - Quarterly Results
2024-05-02 12:27
Timothy J. Silverstein Treasurer 716-857-6987 NATIONAL FUEL REPORTS SECOND QUARTER EARNINGS WILLIAMSVILLE, N.Y.: National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the second quarter of its 2024 fiscal year and for the six months ended March 31, 2024. Exhibit 99 6363 Main Street/Williamsville, NY 14221 Release Date: Immediate May 1, 2024 Natalie M. Fischer Investor Relations 716-857-7315 FISCAL 2024 SECOND QUARTER SUMMARY MANAGEMENT COMMENTS Davi ...
National Fuel Reports Second Quarter Earnings
Newsfilter· 2024-05-01 20:45
WILLIAMSVILLE, N.Y., May 01, 2024 (GLOBE NEWSWIRE) -- National Fuel Gas Company ("National Fuel" or the "Company") (NYSE:NFG) today announced consolidated results for the second quarter of its 2024 fiscal year and for the six months ended March 31, 2024. FISCAL 2024 SECOND QUARTER SUMMARY GAAP net income of $166.3 million, or $1.80 per share, compared to GAAP net income of $140.9 million, or $1.53 per share, in the prior year, an increase of 18% per share.Adjusted operating results of $165.3 million, or $1. ...
National Fuel Gas pany(NFG) - 2024 Q1 - Earnings Call Presentation
2024-02-08 18:19
Pennsylvania Large Gas Utilities Monthly Bill Residential Heating (based on 15 MCF monthly) 36 National Fuel" $150-$175 (2) (1) A reconciliation to Capital Expenditures as presented on the Consolidated Statement of Cash Flows is included at the end of this presentation. (2) Increase from previous guidance range of $130 to $150 MM is due to the estimated impact of New York State's Roadway Excavation Quality Assurance Act ("REQAA"). Long-Standing Pipeline Replacement & Modernization (1) All values are reporte ...