National Fuel Gas to Post Q2 Earnings: Here's What You Need to Know

Core Viewpoint - National Fuel Gas Company (NFG) is set to release its fiscal second-quarter 2025 results on April 30, with expectations of strong performance driven by various factors including rate increases and improved demand for natural gas [1][2]. Group 1: Factors Impacting Q2 Results - NFG received approval for a base delivery rate increase effective January 1, 2025, aimed at supporting investments in pipeline infrastructure and addressing operational costs [2]. - Stronger demand for natural gas due to colder winters is expected to positively influence earnings [3]. - Improvements in net exploration and production (E&P) productivity are anticipated to enhance production and gathering throughput [3]. - The ongoing share repurchase program is likely to reduce outstanding shares, potentially boosting earnings [3]. Group 2: Q2 Expectations - The Zacks Consensus Estimate for earnings is $2.17 per share, reflecting a year-over-year increase of 21.2% [4]. - The Zacks Consensus Estimate for revenues is $783.13 million, indicating a 24.3% year-over-year increase [4]. - Total production of gas is estimated at 108.23 billion cubic feet per day (Bcfe), up 5.2% year over year [5]. - The weighted average gas price is expected to be $3.08 per thousand cubic feet, a significant increase of 55.6% from the previous year [5]. Group 3: Earnings Prediction - The company's Earnings ESP is 0.00%, indicating that an earnings beat is not predicted this time [6]. - NFG currently holds a Zacks Rank 1 (Strong Buy), suggesting strong market confidence [7].