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

Last close, 24 Sept 2026
$79
+0.47% on the day

The 4 Wall Street analysts covering National Fuel Gas Co. hold a median 12-month price target of $92 — +16.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 28 of 100 as at 23 Sept 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
$7.5B
Ticker Nerd rank
28 / 100
Median analyst target
$92
Analysts covering
4
Revenue$537.5M+1.1% y/y
Operating income$208.9M
Net income$138.6M
Free cash flow$111.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.1%
1M
−4.2%
YTD
−0.1%
1Y
−12.2%
From 52W high
−17.1%
From 52W low
+4.8%
$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 23 Sept 2026
28 / 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
93
Growth
65
Quality
61
Accruals
43
Value
40
Revisions
35
Momentum
34
Issuance
23
Size
18

Volatility (93): The share price has been relatively steady.

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

Size (18): 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.

Data provided by Twelve Data

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

The green dot is the last close — the median target sits +16.5% 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.

Performance

NFG vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 24 Sept 2026, National Fuel Gas Co. returned −12.2% against +17.4% for the S&P 500, dividends included.

NFG vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Oct 25Jan 26Apr 26Jul 26NFGS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
−2.1%
Analysts raising
0
Analysts cutting
4
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
10.9×

Cheaper than 55% of US stocks

Price / sales
3.0×

Cheaper than 41% of US stocks

Price / book
1.9×

Cheaper than 46% of US stocks

EV / EBITDA
6.4×

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 80% of US stocks

Return on assets
6.9%

Higher than 84% of US stocks

Dividend yield
2.8%

Higher than 58% of US dividend payers

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

Key statistics

National Fuel Gas Co. (NFG) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • National Fuel Gas Co. has a market value of $7.5B and an enterprise value of $9.8B.

  • Revenue in the twelve months to 30 June 2026: $2.5B. The latest quarter grew 1.1% year on year.

  • Net income over the same four quarters: $675.3M, a 26.9% net margin.

  • Diluted earnings per share, trailing twelve months: $7.20.

  • Free cash flow in the twelve months to 30 June 2026: $222.3M, after $1.1B of capital spending.

  • National Fuel Gas Co. spent $7.0M on share buybacks and $198.4M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 95.0M.

  • Trailing P/E: 10.9×; forward P/E: 10.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.82%, paying out 30% of earnings.

  • National Fuel Gas Co. employs 2,322 people — $1.1M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 24 Sept 2026

Data provided by Twelve Data

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.$7.5B
28
DECDiversified Energy Co.$1.1B
5
CVECenovus Energy, Inc.$58.1B
82
NOVNOV, Inc.*$7.4B
75
CHRDChord Energy Corp.*$7.8B
84
NENoble Corp. Plc*$7.1B
44
PBFPBF Energy, Inc.*$8.2B
92

* 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 Evaluates Split to Strengthen Regulated Business Focus

Zacks Investment Research · 18 Sept 2026neutral

National Fuel Gas Co. (NFG) is evaluating a split of its upstream and gathering business to sharpen its focus on its regulated utility, pipeline and storage segments, according to Zacks Investment Research.

Why it matters — A potential split would reshape NFG's corporate structure and business mix, which could affect how its regulated and non-regulated operations are viewed and valued.

The Dividend Kings Ranked By Quality Scores (September 2026)

Seeking Alpha · 18 Sept 2026neutral

The article ranks Dividend Kings—companies with 50+ years of consecutive dividend increases—using the author's 9F Quality Scores, which blend qualitative and quantitative factors. It highlights ADP as the best total-return candidate due to its undervaluation, high quality, and strong projected dividend growth.

Why it matters — NFG watchers can understand how dividend-growth stalwarts are evaluated by quality metrics and where the broader Dividend King landscape stands in September 2026.

National Fuel Declares Quarterly Dividend

GlobeNewsWire · 17 Sept 2026neutral

National Fuel Gas Company's Board of Directors approved a regular quarterly dividend of 55.5 cents per share on its common stock, payable October 15, 2026, to stockholders of record on September 30, 2026. The company has approximately 95.0 million common shares outstanding and no preferred stock.

Why it matters — The declaration affirms the continuation of National Fuel's regular dividend, which is a key factor for income-focused investors tracking the company.

National Fuel board to complete review of plan to split company by October 15

Reuters · 17 Sept 2026neutral

National Fuel Gas Company said on Thursday that its board expects to complete by October 15 its review of plans to split into two publicly traded companies—one covering utility and pipeline operations, and the other covering Appalachian upstream and gathering natural gas business.

Why it matters — The confirmation of a timeline for the board's review signals an upcoming decision that would reshape the company's structure into two separate publicly traded entities.

National Fuel Gas Company Announces Timeline to Conclude Evaluation of a Plan to Separate into Two Independent Publicly Traded Companies

GlobeNewsWire · 17 Sept 2026neutral

National Fuel Gas Company announced a timeline to conclude its evaluation of a plan to separate into two independent publicly traded companies. The separation would create two high-quality public companies, each with distinct growth strategies and long-term value creation opportunities.

Why it matters — A potential split into two publicly traded companies could significantly reshape NFG's corporate structure and could affect how shareholders view its long-term growth and value.

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. 28 out of 100 across roughly 4,600 US stocks as at 23 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NFG?

As at 23 Sept 2026, National Fuel Gas Co. ranks 28 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 (93 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 +16.5% from the last close, and Ticker Nerd's factor model ranks National Fuel Gas Co. 28 out of 100 as at 23 Sept 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 -12.2% over the 12 months to 24 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does National Fuel Gas Co. do?

National Fuel Gas Company is a diversified energy company focused on natural gas production, transportation, storage, gathering, and distribution. National Fuel Gas Company operates across integrated business segments that connect upstream resource development with midstream infrastructure and utility services, serving residential, commercial, and industrial customers in its core markets.

What is the latest news on NFG?

The most recent item we track (Zacks Investment Research, 18 Sept 2026): "National Fuel Evaluates Split to Strengthen Regulated Business Focus". National Fuel Gas Co. (NFG) is evaluating a split of its upstream and gathering business to sharpen its focus on its regulated utility, pipeline and storage segments, according to Zacks Investment Research.

Company

About National Fuel Gas Co.

National Fuel Gas Company is a diversified energy company focused on natural gas production, transportation, storage, gathering, and distribution. National Fuel Gas Company operates across integrated business segments that connect upstream resource development with midstream infrastructure and utility services, serving residential, commercial, and industrial customers in its core markets. Its activities include exploring and producing natural gas and oil, operating pipeline and storage systems, gathering gas from producing areas, and delivering natural gas through regulated utility operations. The company also participates in energy marketing, helping support the movement and supply of natural gas across its network. Headquartered in Williamsville, New York, National Fuel Gas Company plays a significant role in the natural gas value chain, linking supply sources to end users through a coordinated portfolio of energy assets.

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