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 May 3, 2024, NFG stock price climbed to $54.87 with 422,525 million shares trading.

NFG has a beta of 0.55, meaning it tends to be less sensitive to market movements. NFG has a correlation of 0.12 to the broad based SPY ETF.

NFG has a market cap of $5.05 billion. This is considered a Mid Cap stock.

Last quarter National Fuel Gas Company reported $630 million in Revenue and $1.79 earnings per share. This fell short of revenue expectation by $-142 million and exceeded earnings estimates by $.25.

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): IJH, VTI, VB, VBR, EMLP.

NFG has underperformed the market in the last year with a price return of +8.2% while the SPY ETF gained +27.0%. However, in the short term, NFG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +18.3% vs +3.7% return in SPY. But in the last 2 weeks, NFG shares have been beat by the market, returning +2.7% compared to an SPY return of +3.3%.

NFG support price is $53.92 and resistance is $55.60 (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.