Touchstone
Last syncNov 1, 2026, 6:55 PM ET

NFG

National Fuel Gas Co Utilities Natural Gas Distribution Russell 3000
$79.55Close $7.2BMarket cap $75.35 – $95.3052-week range Nov 4, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 38 · weaker than 62% of stocks over 12 months
  • Earnings shrinking EPS −12% year on year
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Sep 30, 2025 · filed Jul 30, 2026
Off 12-month high 17%
1wk down 1.2% price change
1mo up 4.9% price change
12-month return up 2% market up 11% · its own down 8%
F-score 7 / 9 Strong
Altman Z″ 1.57 Moderate risk
P/E 13.9× price / earnings
PEG 0.02 P/E / EPS growth
P/B 2.3× price / book
Earnings yield up 8.5% EBIT / enterprise value
Cheaper than 65% of the market · cheap
Revenue growth up 30% year on year
EPS growth down 12% latest quarter · -21 pts
Sales growth down 10% latest quarter · -34 pts
ROE up 17% return on equity
Free cash margin up 8% $187.2M FCF
D/E 0.77 long-term debt / equity
Net debt / EBITDA 1.8×
Interest cover 5.8×EBIT / interest
Piotroski tests
  • took on more long-term debt
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • short-term liquidity improved
  • no new shares issued
  • assets working harder

Repair signals

  • Revenue reaccelerating (-24% then +30%)

Trade setup

ATR% 2.1% $1.67 a day · 2×ATR $76.21
RS 38 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 1.2× vs 50-day average
Up/down volume 0.93 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 1 of 8
  • Within 25% of the 52-week high: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Jul 30, 2026

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $2.2B +30% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.5B FY2021 · $1.7B FY2022 · $3.1B FY2023 · $2.3B FY2024 · $1.7B FY2025 · $2.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $518.5M +569% on FY2024
-$200M $0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$123.8M FY2021 · $363.6M FY2022 · $566.0M FY2023 · $476.9M FY2024 · $77.5M FY2025 · $518.5M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $187.2M +39% on FY2024
$0 $250M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $24.7M FY2021 · $39.8M FY2022 · $695,000 FY2023 · $227.2M FY2024 · $134.7M FY2025 · $187.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 90%
  • Net 23%
  • Free cash 8%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 85% · Net -8% · Free cash 2% FY2021 · Gross 90% · Net 21% · Free cash 2% FY2022 · Gross 87% · Net 18% · Free cash 0% FY2023 · Gross 81% · Net 21% · Free cash 10% FY2024 · Gross 91% · Net 5% · Free cash 8% FY2025 · Gross 90% · Net 23% · Free cash 8%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.3B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $20.5M · Long-term debt $2.6B FY2021 · Cash $31.5M · Long-term debt $2.6B FY2022 · Cash $46.0M · Long-term debt $2.1B FY2023 · Cash $55.4M · Long-term debt $2.4B FY2024 · Cash $38.2M · Long-term debt $2.2B FY2025 · Cash $43.2M · Long-term debt $2.4B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 90.38m -0.6% since FY2020
91.82m 90.38m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 90.95m FY2021 · 91.18m FY2022 · 91.48m FY2023 · 91.82m FY2024 · 91.01m FY2025 · 90.38m
  FY2020Sep 30, 2020 FY2021Sep 30, 2021 FY2022Sep 30, 2022 FY2023Sep 30, 2023 FY2024Sep 30, 2024 FY2025Sep 30, 2025
Revenue $1.5B $1.7B $3.1B $2.3B $1.7B $2.2B
Gross margin 85% 90% 87% 81% 91% 90%
Operating income $29.9M $639.9M $814.5M $755.1M $209.7M $813.5M
Net income -$123.8M $363.6M $566.0M $476.9M $77.5M $518.5M
Net margin -8% 21% 18% 21% 5% 23%
Earnings per share -$1.41 $3.97 $6.15 $5.17 $0.84 $5.68
Free cash flow $24.7M $39.8M $695,000 $227.2M $134.7M $187.2M
Free cash margin 2% 2% 0% 10% 8% 8%
Cash $20.5M $31.5M $46.0M $55.4M $38.2M $43.2M
Long-term debt $2.6B $2.6B $2.1B $2.4B $2.2B $2.4B
Shareholders' equity $2.0B $1.8B -$625.7M -$55.1M -$15.5M $3.1B
Shares outstanding 90.95m 91.18m 91.48m 91.82m 91.01m 90.38m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Jul 30, 2026 Quarterly ↗ Jun 30, 2026 30d
Apr 30, 2026 Quarterly ↗ Mar 31, 2026 30d
Jan 29, 2026 Quarterly ↗ Dec 31, 2025 29d
Nov 21, 2025 Annual ↗ Sep 30, 2025 52d
Jul 31, 2025 Quarterly ↗ Jun 30, 2025 31d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Jan 30, 2025 Quarterly ↗ Dec 31, 2024 30d
Nov 22, 2024 Annual ↗ Sep 30, 2024 53d
Aug 1, 2024 Quarterly ↗ Jun 30, 2024 32d
May 2, 2024 Quarterly ↗ Mar 31, 2024 32d
Feb 8, 2024 Quarterly ↗ Dec 31, 2023 39d
Nov 17, 2023 Annual ↗ Sep 30, 2023 48d

Current reports

FiledDisclosed
Oct 14, 2026 Regulation FD · Other events ↗
Oct 1, 2026 Material agreement · Acquisition or disposal · New obligation · Regulation FD ↗
Aug 11, 2026 Other events ↗
Jul 30, 2026 Results ↗
Jul 29, 2026 Regulation FD ↗
Jun 26, 2026 Other events ↗
Jun 10, 2026 Other events ↗
May 27, 2026 Other events ↗
May 26, 2026 Other events ↗
Apr 30, 2026 Results ↗
Apr 29, 2026 Regulation FD ↗
Mar 27, 2026 Material agreement · New obligation ↗