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National Fuel Gas Co. - NFG STOCK NEWS

Welcome to our dedicated page for National Fuel Gas Co. news (Ticker: NFG), a resource for investors and traders seeking the latest updates and insights on National Fuel Gas Co. stock.

National Fuel Gas Co. (NFG) is a diversified energy company headquartered in Western New York. With more than 1,800 employees, the company operates across four primary segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. This integrated structure allows NFG to manage natural gas assets from extraction to delivery efficiently.

Exploration and Production is a significant revenue driver for NFG, primarily through developing the Marcellus Shale. This segment focuses on finding and extracting natural gas, contributing to America's goal of energy independence.

The Pipeline and Storage segment is crucial for transporting and storing natural gas. NFG ensures the safe and reliable delivery of energy, maintaining a robust infrastructure that supports other segments and external customers.

Gathering involves collecting natural gas from production sites and transporting it to the main pipeline systems. This segment has received the EO100™ certification for its commitment to environmental, social, and governance (ESG) standards, highlighting its dedication to sustainable practices.

The Utility segment delivers natural gas to over 740,000 customers in New York and Pennsylvania, emphasizing safety, reliability, and excellent customer service. This division plays a vital role in the company's overall operations.

National Fuel is committed to responsible energy production and sustainability. Their recent achievements include obtaining EO100™ certification for their Midstream operations, underscoring their leadership in ESG standards. The company's comprehensive approach ensures long-term benefits for shareholders, employees, and communities.

NFG's financial health is robust, supported by a balanced portfolio and strategic partnerships. The company continuously adapts to market conditions and regulatory changes, aiming for sustainable growth and energy independence.

For more information, visit nationalfuel.com.

News

National Fuel Schedules Second Quarter Fiscal 2024 Earnings Conference Call

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National Fuel Gas Company (NYSE:NFG) has scheduled a teleconference to discuss its second quarter fiscal 2024 results on May 2, 2024. The call will feature key executives providing updates on the company's operations. Participants can pre-register for the call and access it via phone or webcast. National Fuel is a diversified energy company with operations in natural gas assets across various segments.
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National Fuel Reports Preliminary Voting Results from the Annual Meeting of Stockholders

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National Fuel Gas Company (NFG) announced the successful approval of four management proposals during the Annual Meeting of Stockholders. The proposals included the election of directors, executive compensation vote, equity compensation plan approval, and the appointment of an independent accounting firm.
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National Fuel Declares Quarterly Dividend and Announces New Share Repurchase Program

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National Fuel Gas Company (NFG) announces a regular quarterly dividend of 49.5 cents per share and a $200 million share repurchase program. The company highlights its long history of returning capital to shareholders and commitment to delivering growing earnings and cash flows.
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National Fuel Reports First Quarter Earnings

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National Fuel Gas Company reported a decrease in GAAP net income for the first quarter of its fiscal year 2024, with adjusted operating results also showing a decline. The company revised its fiscal 2024 earnings guidance due to lower natural gas price expectations, but expects an increase in net production and capital expenditures. Despite the decrease in earnings, the company remains optimistic about its long-term growth prospects.
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National Fuel Schedules First Quarter Fiscal 2024 Earnings Conference Call

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National Fuel Gas Company (NFG), a diversified energy company, will be holding a teleconference to review its first quarter fiscal 2024 results. The management team will provide an update on the company's operations, and participants can pre-register for the call. The teleconference will also be webcast online and a telephone replay will be available. National Fuel operates natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
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Seneca Resources Achieves Peer-Leading “A” Grade under Equitable Origin’s EO100™ Standard for 100% of Appalachian Natural Gas Production

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Seneca Resources Company, the Exploration and Production segment of National Fuel Gas Company (NYSE: NFG), has achieved an 'A' letter grade under Equitable Origin's EO100™ Standard for Responsible Energy Development certification, covering 100% of its natural gas production, approximately 1 billion cubic feet of natural gas per day. This certification was achieved through annual verification audits demonstrating scores of 98% or higher across all five principles of the EO100™ Standard. Seneca's focus on improving its performance each year and working collaboratively with key stakeholders has delivered one of the top scores yet attained under the system.
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National Fuel Declares Quarterly Dividend

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National Fuel Gas Company (NFG) has approved a regular quarterly dividend of 49.5 cents per share on the Company's common stock. The dividend is payable on Jan. 12, 2024, to stockholders of record at the close of business on Dec. 29, 2023. The Company has approximately 91.9 million shares of common stock outstanding and operates across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
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National Fuel Reports Fourth Quarter and Full Year Fiscal 2023 Earnings

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National Fuel Gas Company (NYSE:NFG) reported GAAP net income of $73.7 million, or $0.80 per share, for the fourth quarter of fiscal 2023, compared to $158.1 million, or $1.71 per share, in the prior year. Adjusted operating results were $72.2 million, or $0.78 per share, compared to $109.3 million, or $1.19 per share, in the prior year. Both the E&P segment net production and Gathering segment revenue increased by 7% compared to the prior year. Supply Corporation entered into a $90 million modernization and expansion project. National Fuel generated consolidated net cash provided by operating activities of $1.24 billion for fiscal 2023, with free cash flow of $275 million. The shareholder dividend was increased for the 53rd consecutive year. Seneca Resources acquired 39,000 net acres in Tioga and Lycoming counties. NFG Midstream achieved certification of 100% of its assets under Equitable Origin’s EO100TM Standard for Responsible Energy Development. National Fuel revised its fiscal 2024 earnings guidance to $5.40 to $5.90 per share, an increase of 9% from fiscal 2023.
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National Fuel Gas Midstream Company Achieves Certification under the Equitable Origin Standard

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National Fuel Gas Midstream Company achieves certification of 100% of its natural gas gathering system assets under Equitable Origin's EO100™ Standard for Responsible Energy Development.
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National Fuel Schedules Fourth Quarter Fiscal 2023 Earnings Conference Call

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National Fuel Gas Company to hold teleconference for Q4 fiscal 2023 results
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FAQ

What is the current stock price of National Fuel Gas Co. (NFG)?

The current stock price of National Fuel Gas Co. (NFG) is $61.08 as of November 15, 2024.

What is the market cap of National Fuel Gas Co. (NFG)?

The market cap of National Fuel Gas Co. (NFG) is approximately 5.5B.

What does National Fuel Gas Co. do?

National Fuel Gas Co. operates in four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility.

Where is National Fuel Gas Co. headquartered?

National Fuel Gas Co. is headquartered in Western New York.

How many employees does National Fuel Gas Co. have?

National Fuel Gas Co. employs over 1,800 people.

What is the Marcellus Shale?

The Marcellus Shale is a significant source of natural gas that National Fuel Gas Co. is developing to drive growth and energy independence.

What is EO100™ certification?

EO100™ certification recognizes responsible energy production, focusing on ESG standards. NFG's Midstream operations have received this certification.

What is the primary revenue segment for National Fuel Gas Co.?

The primary revenue segment for National Fuel Gas Co. is Exploration and Production.

How many customers does NFG's Utility segment serve?

NFG's Utility segment serves over 740,000 customers in New York and Pennsylvania.

How does National Fuel Gas Co. ensure the safety of its operations?

National Fuel Gas Co. maintains high standards of responsibility, ensuring safe and reliable natural gas delivery and excellent customer service.

What strategic initiatives is National Fuel Gas Co. involved in?

National Fuel Gas Co. is involved in initiatives like developing the Marcellus Shale and achieving EO100™ certification for sustainable practices.

Where can I find more information about National Fuel Gas Co.?

You can find more information on National Fuel Gas Co.'s official website at www.nationalfuel.com.

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National Fuel Gas Co.

NYSE:NFG

NFG Rankings

#1220 Ranked by Market Cap
#912 Ranked by Dividends

NFG Stock Data

5.52B
91.36M
1.24%
77.56%
2.96%
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