NFG Stock Summary and Trading Ideas (National Fuel Gas Company | NYSE:NFG)

National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States and majorly it generates revenue from Exploration and Production segment.

National Fuel Gas Company trades on the NYSE stock market under the symbol NFG.

As of April 24, 2024, NFG stock price climbed to $55.27 with 865,601 million shares trading.

NFG has a beta of 0.57, meaning it tends to be less sensitive to market movements. NFG has a correlation of 0.13 to the broad based SPY ETF.

NFG has a market cap of $5.09 billion. This is considered a Mid Cap stock.

Last quarter National Fuel Gas Company reported $525 million in Revenue and $1.46 earnings per share. This fell short of revenue expectation by $-139 million and exceeded earnings estimates by $.13.

In the last 3 years, NFG stock traded as high as $75.97 and as low as $45.32.

The top ETF exchange traded funds that NFG belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

NFG stock has underperformed the market in the last year with a return of +4.0%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NFG shares. However, NFG has outperformed the market in the last 3 month and 2 week periods, returning +17.4% and +2.9%, while SPY returned +4.6% and -2.7%, respectively. This indicates NFG has been having a stronger performance recently.

NFG support price is $53.03 and resistance is $54.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NFG stock will trade within this expected range on the day.