National Fuel Gas (NFG) is a Energy company in the Oil Gas Integrated industry. It has a market capitalization of $6.98B, a trailing price-to-earnings ratio of 9.8 and a free-cash-flow yield of 2.8%. Over the most recent reported fiscal year, revenue grew 17.1% and free cash flow per share grew 40.7%. Nama's AI scorecard rates it Buy, 6.6 out of 10. On 12-month momentum it ranks in the lagging band of its market.
AI scorecard
Buy · 6.6/10
Positive, at the low end of Buy. As of Nov 7, 2026.
Momentum
Lagging · -0.4% over 12 months ex. last
Second-worst fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-24.4%
How far the last close sits under the highest price of the past five years.
Market cap
$6.98B
Trailing P/E
9.8
Price / book
1.8
Price / sales
2.8
FCF yield
2.8%
Dividend yield
3.0%
Gross margin
44.1%
Operating margin
40.3%
Net margin
26.9%
Revenue growth (YoY)
+17.1%
Revenue growth (3-yr annual)
+1.4%
EPS growth (YoY)
+37.9%
FCF/share growth (YoY)
+40.7%
Beta
0.4
Exchange
NYSE
Sector
Energy
Industry
Oil Gas Integrated
NFG earnings
Next report: Jan 27, 2027 (Q1 2027, EPS estimate $2.12).
Beat the EPS estimate in 3 of 4 recent quarters.
Quarter
Reported
EPS
Estimate
Surprise
Revenue
Q4 2026
Nov 4, 2026
$1.22
$1.04
+17.3%
—
Q3 2026
Jul 29, 2026
$1.54
$1.44
+6.9%
$537.50M
Q2 2026
Apr 29, 2026
$2.71
$2.84
-4.6%
$858.37M
Q1 2026
Jan 28, 2026
$2.06
$1.92
+7.3%
$651.51M
NFG analyst price target
Median target $93.00 from 2 analysts, ranging $91.00 – $95.00.
Nama's AI scorecard currently rates National Fuel Gas Buy (6.6 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is NFG's P/E ratio?
National Fuel Gas trades at a trailing price-to-earnings ratio of 9.8.
When does NFG report earnings?
National Fuel Gas's next scheduled report is on Jan 27, 2027. Analysts expect EPS of $2.12.
What is the NFG price target?
The median analyst price target from 2 analysts is $93.00, with a range of $91.00 – $95.00.
Is NFG Shariah compliant?
Nama's AAOIFI-style screen reads National Fuel Gas as Not Shariah Compliant. At least one of the three ratios or the industry test failed.