NFGNFGEnergy · Oil & Gas Integrated

NFG Stock Forecast: National Fuel Gas Co. Price Predictions for 2026-2027

Last close, 13 Aug 2026
$82
−0.26% on the day

The 4 Wall Street analysts covering National Fuel Gas Co. hold a median 12-month price target of $92 — +12.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 32 of 100 as at 13 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$7.8B
Ticker Nerd rank
32 / 100
Median analyst target
$92
Analysts covering
4
Total return, dividends reinvested
1W
+1.1%
1M
+0.7%
YTD
+3.1%
1Y
−5.1%
From 52W high
−14.5%
From 52W low
+8.2%
$75
$95
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NFG stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores National Fuel Gas Co. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 13 Aug 2026
32 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
97
Growth
68
Quality
60
Accruals
43
Momentum
43
Value
42
Revisions
38
Issuance
23
Size
19

Volatility (97): The share price has been relatively steady.

Issuance (23): The company has been issuing shares or taking on financing, diluting existing holders.

Size (19): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NFG stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NFG, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$75$80$85$90$95Oct 25Jan 26Apr 26Jul 26NFGHigh $95Median $92Low $89

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says4 analysts
2 Buy2 Hold0 Sell
Low $89Median $92High $95

The green dot is the last close — the median target sits +12.9% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
7 Apr 2026KeybancInitiatesOverweight$110
9 Oct 2025ScotiabankDowngradeSector Perform
13 Aug 2025ScotiabankMaintainsSector Outperform
15 July 2025B of A SecuritiesUpgradeBuy
11 July 2025ScotiabankMaintainsSector Outperform
23 May 2025B of A SecuritiesMaintainsUnderperform
29 Apr 2025B of A SecuritiesMaintainsUnderperform
13 Mar 2025JP MorganMaintainsNeutral
13 Jan 2025B of A SecuritiesMaintainsUnderperform
12 Nov 2024JP MorganMaintainsNeutral
12 Sept 2024JP MorganMaintainsNeutral
20 Aug 2024ScotiabankMaintainsSector Outperform
12 July 2024ScotiabankMaintainsSector Outperform
9 May 2024ScotiabankMaintainsSector Outperform
11 Apr 2024ScotiabankMaintainsSector Outperform
14 Sept 2023ScotiabankUpgradeSector Outperform
24 May 2023Argus ResearchMaintainsBuy
24 May 2023Goldman SachsMaintainsNeutral
6 Feb 2023Raymond JamesDowngradeMarket Perform
26 Jan 2023Raymond JamesMaintainsOutperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NFG appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

NFG analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−1.9%
Analysts raising
2
Analysts cutting
2
Fundamentals

National Fuel Gas Co. (NFG) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
11.4×

Cheaper than 56% of US stocks

Price / sales
3.1×

Cheaper than 41% of US stocks

Price / book
2.0×

Cheaper than 47% of US stocks

EV / EBITDA
6.7×

Cheaper than 50% of US stocks

Growth & margins
Revenue growth (YoY)
1.1%

Higher than 30% of US stocks

Earnings growth (YoY)
−7.5%

Higher than 28% of US stocks

Gross margin
43.1%

Higher than 54% of US stocks

Operating margin
40.1%

Higher than 92% of US stocks

Net margin
26.9%

Higher than 87% of US stocks

Returns & dividend
Return on equity
19.6%

Higher than 81% of US stocks

Return on assets
6.9%

Higher than 85% of US stocks

Dividend yield
2.7%

Higher than 61% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

NFG vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Integrated
CompanyMarket capTKN rank
NFGNational Fuel Gas Co.$7.8B
32
CVECenovus Energy, Inc.$57.2B
82
DECDiversified Energy Co.$995.9M
6
SMSM Energy Co.*$7.7B
51
CHRDChord Energy Corp.*$7.6B
77
NOVNOV, Inc.*$7.5B
70
KNTKKinetik Holdings, Inc.*$8.3B
49

* Nearest Energy names by size — few oil & gas integrated companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own National Fuel Gas Co. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NFG news & analysis

National Fuel Gas Q3 Earnings Call Highlights

MarketBeat · 31 July 2026negative

National Fuel Gas reported third-quarter fiscal 2026 adjusted earnings of $1.54 per share, down $0.10 from a year earlier. Lower production in its integrated upstream and gathering operations more than offset stronger natural-gas price realizations and hedge gains.

Why it matters — The earnings decline shows that lower production volumes in NFG's upstream and gathering segments are weighing on results even as natural-gas prices and hedges provide some support.

National Fuel Gas Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

Zacks Investment Research · 30 July 2026negative

National Fuel Gas Co. exceeded fiscal Q3 earnings estimates with year-over-year revenue growth, though the results were tempered by lower production, higher costs, and a reduced 2026 outlook.

Why it matters — The combination of an earnings beat alongside a reduced 2026 outlook provides mixed signals for NFG investors assessing the company's near-term trajectory.

National Fuel Gas Company (NFG) Q3 2026 Earnings Call Transcript

Seeking Alpha · 30 July 2026neutral

National Fuel Gas Company (NFG) held its Q3 2026 earnings call, and a transcript of the call has been published by Seeking Alpha.

Why it matters — The earnings call transcript provides NFG watchers with direct insight into management's discussion of the company's third-quarter performance and outlook.

National Fuel Gas (NFG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research · 30 July 2026neutral

National Fuel Gas (NFG) reported its Q3 earnings for the quarter ended June 2026, with top- and bottom-line results now being compared to Wall Street estimates and year-ago figures.

Why it matters — An NFG watcher would care because comparing key metrics to analyst estimates and prior-year results provides a clearer picture of the company's quarterly performance and operational trends.

National Fuel Gas (NFG) Beats Q3 Earnings Estimates

Zacks Investment Research · 29 July 2026positive

National Fuel Gas (NFG) reported quarterly earnings of $1.54 per share for the third quarter, surpassing the Zacks Consensus Estimate of $1.47 per share, but lower than the $1.64 per share earned in the same quarter last year.

Why it matters — NFG watchers would note that the company beat analyst earnings expectations for the quarter, indicating stronger-than-anticipated performance relative to consensus forecasts.

FAQ

Frequently asked questions about NFG stock

What is the NFG stock price forecast for 2026-2027?

The 4 Wall Street analysts covering National Fuel Gas Co. have a median 12-month price target of $92, with estimates ranging from $89 to $95. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NFG stock a buy right now?

Of the 4 analysts covering National Fuel Gas Co., 2 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks National Fuel Gas Co. 32 out of 100 across roughly 4,600 US stocks as at 13 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NFG?

As at 13 Aug 2026, National Fuel Gas Co. ranks 32 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (97 of 100).

Will NFG stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies +12.9% from the last close, and Ticker Nerd's factor model ranks National Fuel Gas Co. 32 out of 100 as at 13 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NFG stock forecast for 2030?

No analyst covering National Fuel Gas Co. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NFG are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $89 to $95 over the next 12 months.

How has NFG stock performed over the past year?

National Fuel Gas Co. returned -5.1% over the 12 months to 13 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does National Fuel Gas Co. do?

National Fuel Gas Company is an integrated energy organization involved in the exploration, production, transportation, and distribution of natural gas. It operates several business segments including Utility, Exploration and Production, Pipeline and Storage, and Energy Marketing.

What is the latest news on NFG?

The most recent item we track (MarketBeat, 31 July 2026): "National Fuel Gas Q3 Earnings Call Highlights". National Fuel Gas reported third-quarter fiscal 2026 adjusted earnings of $1.54 per share, down $0.10 from a year earlier. Lower production in its integrated upstream and gathering operations more than offset stronger natural-gas price realizations and hedge gains.

Company

About National Fuel Gas Co.

National Fuel Gas Company is an integrated energy organization involved in the exploration, production, transportation, and distribution of natural gas. It operates several business segments including Utility, Exploration and Production, Pipeline and Storage, and Energy Marketing. Its Utility segment provides natural gas to customers in western New York and northwestern Pennsylvania, ensuring reliable supply and service. The Exploration and Production segment, operating under the name Seneca Resources Company, LLC, focuses on developing natural gas reserves primarily in the Appalachian Basin. This contributes to domestic energy production and supports regional energy needs. The Pipeline and Storage segment operates an extensive pipeline system, facilitating gas transport and storage across multiple states to enhance market reach. Through its Energy Marketing arm, National Fuel Gas Company delivers comprehensive energy solutions and marketing services. As an integrated entity, it plays a significant role in the energy sector, connecting upstream gas production with end-user consumption, thus supporting energy infrastructure development and security in the northeastern United States.

CEO Mr. David P. Bauer · 2,322 employees · United States · https://www.nationalfuel.com