National Fuel Gas Company with ticker code (NFG) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 77 and 60 suggesting an average Analsyt target price of $67.00. Now with the previous closing price of $54.70 this now indicates there is a potential upside of 22.5%. Also worth taking note is the 50 day moving average now sits at $56.63 and the 200 day MA is $63.09. The total market capitalization for the company now stands at $5,089m. Company Website: https://www.nationalfuel.com
The potential market cap would be $6,233m based on the market consensus.
National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in the Appalachian region of the United States. As of September 30, 2022, it had proved developed and undeveloped reserves of 4,170,662 MMcf of natural gas and 250 Mbbl of oil. The Pipeline and Storage segment provides interstate natural gas transportation and storage services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca. The Utility segment sells natural gas or provides natural gas utility services to approximately 754,000 customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. National Fuel Gas Company was incorporated in 1902 and is headquartered in Williamsville, New York.
The company has a dividend yield of 3.47% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 8.46, revenue per share of 25.12 and a 6.72% return on assets.
