NFG

With an upside potential of 18.38%, National Fuel Gas Company (NYSE:NFG) is among the 8 Best Energy Infrastructure Stocks That Will Skyrocket. On April 30, CEO David P. Bauer highlighted National Fuel Gas Company (NYSE:NFG)’s solid second-quarter performance, with adjusted EPS rising 13% year-over-year. He emphasized the resilience of the company’s integrated natural gas system during severe winter conditions and outlined several growth initiatives, including pipeline expansion projects, an upcoming Ohio utility acquisition, and continued optimization of its Appalachian asset base. On April 27, BofA raised its price target on National Fuel Gas Company (NYSE:NFG) to $102 from $99 while maintaining a Buy rating on the shares. The firm noted a constructive outlook for U.S. oil and gas equities, supported by expectations of geopolitical volatility and a potentially improving macro environment. National Fuel Gas Company (NYSE:NFG) is a diversified energy firm with an integrated, Appalachian-focused business model spanning upstream production, midstream infrastructure, and downstream utility operations. The company derives a significant portion of its value from regulated, long-lived assets that transport and store natural gas, providing stable and predictable cash flows. Founded in 1902, National Fuel Gas is headquartered in Williamsville, New York. National Fuel Gas stands out as a stable investment opportunity given its resilient earnings growth, integrated business model, and ongoing expansion initiatives across key segments. With an upside potential of 18.38%, the stock offers a balanced combination of defensive characteristics and long-term growth prospects. While we acknowledge the potential of NFG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Under-the-Radar Stocks That Are On Fire Right Now and 7 Best Vertical Farming and Hydroponic Stocks to Invest in. Disclosure: None. Follow Insider Monkey on Google News.

Investors were disappointed with National Fuel Gas Company's (NYSE:NFG) earnings, despite the strong profit numbers. We did some digging and found some worrying underlying problems. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. In order to understand the potential for per share returns, it is essential to consider how much a company is diluting shareholders. National Fuel Gas expanded the number of shares on issue by 5.2% over the last year. As a result, its net income is now split between a greater number of shares. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. Check out National Fuel Gas' historical EPS growth by clicking on this link. As you can see above, National Fuel Gas has been growing its net income over the last few years, with an annualized gain of 19% over three years. And at a glance the 1,635% gain in profit over the last year impresses. But in comparison, EPS only increased by 1,623% over the same period. And so, you can see quite clearly that dilution is influencing shareholder earnings. In the long term, earnings per share growth should beget share price growth. So National Fuel Gas shareholders will want to see that EPS figure continue to increase. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For the ordinary retail shareholder, EPS is a great measure to check your hypothetical "share" of the company's profit. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. National Fuel Gas shareholders should keep in mind how many new shares it is issuing, because, dilution clearly has the power to severely impact shareholder returns. Because of this, we think that it may be that National Fuel Gas' statutory profits are better than its underlying earnings power. But the happy news is that, while acknowledging we have to look beyond the statutory numbers, those numbers are still improving, with EPS growing at a...

Ormat Technologies Inc. ORA reported first-quarter 2026 adjusted earnings per share of $1.30, which beat the Zacks Consensus Estimate of 92 cents by 41.3%. The bottom line also increased 91.2% from 68 cents in the year-ago quarter. The company reported GAAP earnings of 71 cents per share compared with 66 cents in the year-ago quarter. ORA generated revenues of $403.9 million, which topped the Zacks Consensus Estimate of $349 million by 15.6%. The top line also increased 75.8% year over year, driven by higher revenues from its electricity, product and energy storage segments. Ormat Technologies, Inc. price-consensus-eps-surprise-chart | Ormat Technologies, Inc. Quote Electricity: Revenues in this segment amounted to $181.6 million, up 0.8% year over year. This upside was primarily due to contributions from the Blue Mountain power plant, improved generation performance at the Olkaria and Stillwater facilities, and lower curtailments. Product: This segment’s revenues surged 458.4% to $177.4 million from the year-ago quarter’s level. The improvement was primarily driven by the $105.1 million revenue recognition related to the Topp 2 sale. Energy Storage: Revenues in this division amounted to $44.9 million, up 153.1% from the prior-year quarter’s figure. This was driven by the high availability of its assets, which allowed it to capitalize on strong merchant pricing in the PJM market, as well as new capacity additions over the past 12 months. Ormat Technologies’ total operating expenses (research and development, selling and marketing, as well as general and administrative expenses) were $34 million, which rose 38.3% from the year-ago quarter’s level. The operating income increased 57.6% year over year to $80.3 million. The total cost of revenues was $283.5 million, up 80.8% year over year. Net interest expenses were $45 million, which rose 30.5% year over year. ORA had cash and cash equivalents of $654.6 million as of March 31, 2026 compared with $147.4 million as of Dec. 31, 2025. The company expects to generate revenues in the range of $1.11-$1.16 billion. The Zacks Consensus Estimate is pegged at $1.13 billion, which is just below the midpoint of the company’s guided range. Revenues for the Electricity segment are anticipated in the band of $715-$730 million. The Product segment’s revenues are expected in the range of $300-$320 million. Revenues for the Energ...

Occidental Petroleum Corporation OXY reported first-quarter 2026 earnings of $1.06 per share, which outpaced the Zacks Consensus Estimate of 65 cents by 63.1%. The bottom line also rose 21.8% year over year. GAAP earnings in the reported quarter were $3.13 per share compared with the earnings of 77 cents in the year-ago quarter. Total revenues were $5.11 billion, which missed the Zacks Consensus Estimate of $5.5 billion by 7%. The top line also lagged 25.3% year over year due to lower contributions from its Oil & Gas segment. Occidental Petroleum Corporation price-consensus-eps-surprise-chart | Occidental Petroleum Corporation Quote Oil and Gas revenues totaled $4.98 billion in the reported quarter, down 12.5% year over year. Midstream & Marketing revenues of $397 million jumped 129.5% year over year. Total production volume was 1,426 thousand barrels of oil equivalent per day (Mboe/d). The metric surpassed the company’s guided range of 1,385-1,425 Mboe/d. Total sales volume was 1,428 Mboe/d, up 2.7% from the year-ago period. Realized prices of crude oil dropped 1.6% year over year to $69.91 per barrel on a worldwide basis. Realized natural gas liquid prices fell 26.8% year over year to $18.99 per barrel globally. Natural gas prices decreased 58.3% year over year to $1.01 per thousand cubic feet. Occidental advanced debt reduction priorities, repaying $7.1 billion of principal debt through May 5, 2026, reducing principal debt to $13.3 billion and progressing toward the $10 billion milestone. Occidental reported strong first-quarter production due to robust contributions from Permian assets. Gulf of America’s average daily production volumes in the first quarter were 138 Mboe/d, up 14% year over year, which also contributed to the overall strong volumes. Sequential improvement in the Midstream and Marketing segment’s performance was due to higher crude margins related to the timing impact of crude sales, higher gas margins from transportation capacity optimizations and higher sulfur prices at Al Hosn. Total costs and reduction in the first quarter of 2026 were $4.86 billion, up 3.9% from $4.68 billion in the year-ago quarter. Interest and debt expenses increased 39.4% to $432 million from $310 million in the year-ago quarter, a positive impact of the ongoing debt reduction. As of March 31, 2026, Occidental had cash and cash equivalents of $3.81 billion compar...

Energy Transfer ET reported first-quarter 2026 adjusted earnings of 35 cents per unit, which missed the Zacks Consensus Estimate of 38 cents by 7.9%. The bottom line also decreased 2.8% from the year-ago figure of 36 cents. Revenues of $27.77 billion lagged the Zacks Consensus Estimate of $29.29 billion by 5.2%. Total revenues rose 32.1% from the year-ago figure of $21.02 billion. Energy Transfer LP price-consensus-eps-surprise-chart | Energy Transfer LP Quote Total costs and expenses were $24.79 billion, up 33.8% year over year. This increase was due to the higher cost of products sold, operating expenses, depreciation, depletion and amortization, as well as a rise in selling, general and administrative expenses. Operating income totaled $2.98 billion, up 19.8% year over year. Interest expenses, net of interest capitalized, amounted to $947 million, up 17.1% from the prior-year level. In the first quarter, the partnership placed its Gateway NGL Pipeline debottlenecking project into service, enabling higher deliveries of Delaware Basin volumes to Energy Transfer’s NGL fractionation complex at Mont Belvieu. In February 2026, Florida Gas Transmission (“FGT”), an Energy Transfer-operated joint venture, completed Open Seasons for two new projects backed by 15 to 25-year agreements with anchor shippers. The FGT Phase IX project includes about 90 miles of pipeline looping and compression facilities, with an expected capacity of 525 million cubic feet of gas per day (MMcf/d). Subject to conditions and a final investment decision, the South Florida project involves a roughly 40-mile pipeline extension with an expected capacity of 230 MMcf/d, along with compression and a new meter station. Energy Transfer has initiated construction of a new 3-million-barrel ethane storage cavern at its Mont Belvieu NGL fractionation complex. Expected to be in service in the second half of 2027, the project will support the company’s ninth fractionator and future ethane export expansions. The partnership’s 275 MMcf/d Mustang Draw I processing plant is currently under commissioning and is expected to enter full service in June 2026. ET had current assets of $22.26 billion as of March 31, 2026 compared with $18.23 billion as of Dec. 31, 2025. As of March 31, 2026, the firm had a long-term debt, less current maturities, of $69.32 billion compared with $68.31 billion as of Dec. 31, 2025....

National Fuel Gas Company NFG reported second-quarter fiscal 2026 adjusted operating earnings of $2.71 per share, which missed the Zacks Consensus Estimate of $2.85 by 4.91%. The bottom line increased 13.39% from the year-ago quarter’s reported figure of $2.39. GAAP earnings for the quarter were $2.59 per share, up 9.28% from $2.37 in the year-ago quarter. The difference between GAAP and operating earnings in the reported quarter was primarily due to costs related to the pending Ohio gas utility acquisition and the impact of equity issuance due to Ohio acquisitions. NFG reported sales of $858.4 million, which beat the Zacks Consensus Estimate of $830 million by 3.41%. The top line increased 17.59% from the prior-year recorded figure of $730 million. National Fuel Gas Company price-consensus-eps-surprise-chart | National Fuel Gas Company Quote Utility: Revenues totaled $425.8 million, up 23.93% from $343.6 million in the year-ago quarter. Integrated upstream and Gathering and Other: Revenues totaled $358.8 million, up 13.84% from $315.19 million in the year-ago quarter. Pipeline and Storage: Revenues amounted to $73.8 million, reflecting a 3.62% increase from $71.2 million recorded in the year-ago quarter. Total operating expenses were $511.2 million, up 23.88% from $412.7 million in the year-ago quarter. Operating income totaled $347.1 million, up 9.42% from $317.3 million in the year-ago quarter. Interest expense on long-term debt totaled $30.08 million, down 24.15% from $39.7 million in the year-ago quarter. During the fiscal second quarter, Seneca produced 102 billion cubic feet (Bcf) of natural gas, reflecting a decrease of 3.5 Bcf or 3%, from the prior-year level. The year-over-year decline in production volumes resulted from weather-related completion delays and a decrease in the natural output from producing gas wells. As of March 31, 2026, National Fuel Gas had cash and temporary cash investments of $26.6 million compared with $43.2 million as of Sept. 30, 2025. Net cash provided by operating activities for the first six months of fiscal 2026 totaled $657.3 million compared with $473.9 million in the previous year quarter. Capital expenditures were $498.3 million in the first six months of fiscal 2026 compared with $434.3 million in the year-ago period. National Fuel Gas reiterated guidance for adjusted earnings per share for fiscal 2026 between $7.4...

National Fuel reported a “solid” Q2 with record adjusted EPS of $2.71 (up 13%) and about $160 million in free cash flow, and updated full‑year adjusted EPS guidance to $7.45–$7.75 while lowering the NYMEX assumption to $3.00/MMBtu and remaining roughly 75% hedged. Upstream delivered record segment EBITDA (>$300 million) despite weather that trimmed volumes by ~5 Bcf; production guidance was modestly cut to 425–440 Bcfe, and newer Gen‑4/Upper Utica well designs are showing stronger productivity. On the regulated and strategic front, the company is advancing pipeline/storage projects (Line N upgrade adds 94,000 decatherms/day, capex ~$93 million; Shippingport Lateral and Tioga Pathway on track for Nov 2026) and expects the CenterPoint acquisition to close in calendar Q4 with up to $1.5 billion planned financings while targeting a balance sheet below 2x debt/EBITDA year‑end. Interested in National Fuel Gas Company? Here are five stocks we like better. Energy Crunch Ahead: 3 Natural Gas Stocks Set to Gain National Fuel Gas (NYSE:NFG) reported what management called a “solid” second quarter of fiscal 2026, citing record adjusted earnings per share and strong performance across regulated and non-regulated operations amid severe winter weather. President and CEO David P. Bauer said the company delivered adjusted earnings per share of $2.71, up 13% from the prior year, extending what he described as a streak of double-digit EPS growth and keeping the company on track for a multi-year target of 10%+ average annual growth. Bauer highlighted operational resiliency during an extended cold snap in January and February, when some areas saw daily lows below freezing for 19 straight days. → Meta Posted Its Best Sales Growth Since 2021—So Why Did Shares Fall? 3 Dividend Kings With Royally Good Upside “Overall, our systems held up extremely well with no notable issues at our utility and pipeline and storage businesses,” Bauer said, adding that production and gathering facilities had “limited freeze-offs.” He noted, however, that heavy snowfall caused road closures that slowed completions and delayed flowback on a new pad, modestly affecting quarterly production and expected to similarly affect full-year volumes. Treasurer and CFO Timothy J. Silverstein said the quarter produced record EPS, “driven in large part by the strength of our natural gas marketing and hedging portfoli...

Image source: The Motley Fool. Thursday, April 30, 2026 at 9:00 a.m. ET President & Chief Executive Officer — David Bauer Chief Financial Officer — Timothy Silverstein President, Seneca Resources Corporation — Justin Loweth Manager, Investor Relations — Natalie Fischer Need a quote from a Motley Fool analyst? Email [email protected] David Bauer: Thank you, Natalie, and good morning, everyone. National Fuel had a solid second quarter with adjusted earnings per share of $2.71, an increase of 13% from last year. This continues our streak of double-digit EPS growth and keeps us on track to achieve our multiyear 10% plus average annual growth target. I'm also happy to report that during the quarter, we achieved additional milestones across the system that further bolster our long-term earnings outlook. Our second quarter was a prime example of the strong operational resiliency of our natural gas assets, particularly during severe weather events. In January and February, we experienced an extended cold snap across our operating footprint, where daily low temperatures in some of our regions were below freezing for 19 straight days. A big thank you to our dedicated workforce and contractors who worked through the elements to ensure that the gas continued to flow during this critical time. Overall, our systems held up extremely well with no notable issues at our Utility and Pipeline and Storage businesses. On the nonregulated side, our production and gathering facilities performed very well with limited freeze-offs. This allowed us to take advantage of some of the strong prices we saw on the coldest days. We did, however, experience some regional road closures over multiple days due to heavy snowfall. During this stretch of weather, we slowed the pace of completions and delayed the flowback of a new pad, which had a modest impact on our production for the quarter and will similarly impact full year production. On the drilling and completion side, we continue to focus on the optimization of our integrated development program. We've made substantial progress on the testing of both our Gen 4 well designs and our Upper Utica locations and are seeing continued success, which further enhances our long-term outlook. With decades of core inventory locations, a growing marketing portfolio and ongoing improvements in capital efficiency, our Integrated Upstream & Gathering business i...

National Fuel Gas (NFG) reported fiscal Q2 adjusted earnings late Wednesday of $2.71 per diluted sha

WILLIAMSVILLE, N.Y., April 29, 2026 (GLOBE NEWSWIRE) -- National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) today announced consolidated results for the second quarter of its 2026 fiscal year. SECOND QUARTER FISCAL 2026 SUMMARY GAAP earnings of $247.7 million, or earnings per share (EPS) of $2.59, compared to GAAP earnings of $216.4 million, or $2.37 per share, in the prior year. Adjusted EPS of $2.71, an increase of 13% from the prior year. See non-GAAP reconciliation on page 2. Net cash provided by operating activities of $657 million, with free cash flow of $160 million (as defined on page 22) through the second quarter year-to-date, a $111 million increase from the prior year. Integrated Upstream and Gathering segment adjusted EPS of $1.67, an increase of 21% compared to the prior year, driven by a 17% increase in natural gas price realizations. Utility segment net income of $65 million, an increase of 3% compared to the prior year, as continued investments in system modernization programs in New York and Pennsylvania supported an increase in revenue. Supply Corporation entered into a precedent agreement to provide 94,000 dekatherms per day of incremental capacity in connection with its new Line N System Upgrade Project in southwest Pennsylvania, targeted for completion in late 2028. Commenced construction on both the Tioga Pathway and Shippingport Lateral expansion projects, which remain on track for a late calendar year 2026 in-service date. The Company is revising its fiscal 2026 adjusted EPS guidance range of $7.45 to $7.75 per share, or $7.60 per share at the midpoint. MANAGEMENT COMMENTS David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company, stated: “National Fuel had a solid second quarter, with adjusted EPS increasing 13% over the prior year. Operationally, our resilient natural gas system and dedicated workforce performed extremely well during the severe weather of Winter Storm Fern, delivering the safe and reliable production, transmission, storage, and distribution services that customers across our businesses expect. “Looking forward, we’ve taken meaningful steps to position National Fuel for the next phase of our long-term growth strategy. In our regulated Pipeline and Storage business, our two major expansion projects are expected to be in-service late this calendar year, and we’ve signed an...

Performance was driven by the operational resiliency of natural gas assets during severe winter weather, allowing the company to capture premium pricing through its marketing and hedging portfolio. Management attributes the 13% adjusted EPS growth to the strength of the natural gas marketing and hedging portfolio, which captured upside from higher winter prices, while the Integrated Upstream and Gathering segment saw price realizations increase by nearly 20%. Operational challenges included heavy snowfall and road closures that slowed well completions and delayed flowbacks, resulting in a 5 Bcf production impact for the quarter. Strategic positioning is being reinforced by the transition to Gen 4 well designs and Upper Utica locations, which are meeting productivity expectations despite underperformance from older designs on a specific 6-well pad in Northwest Tioga. The Pipeline and Storage segment is pivoting toward power generation opportunities, specifically targeting behind-the-meter data centers and broader PJM electric grid reliability needs. The company is maintaining its multiyear 10% plus average annual EPS growth target, supported by a growing base of regulated utility earnings and high-quality development inventory. Fiscal 2027 is projected as a significant growth period for Pipeline and Storage, driven by the Supply Corporation rate case and the Shippingport Lateral and Tioga Pathway projects reaching their November 2026 in-service dates. Guidance methodology now assumes a lower NYMEX price of $3 per MMBtu, down from $3.75, though 75% hedging coverage provides substantial price certainty for the remainder of the year. Production guidance was revised downward by 3% to 425 to 440 Bcfe to account for weather-related delays and the underperformance of specific older-design wells. Management expects to raise up to $1.5 billion across multiple tranches, including $1 billion specifically for the acquisition closing and $300 million to refinance an October maturity, while targeting a mid-2x debt-to-EBITDA ratio after the first full year post-closing. Long-term strategy involves expanding firm transport capacity by 50% to over 1.5 Bcf per day by 2029 to reach premium Gulf Coast and Mid-Atlantic markets. A new preventative maintenance strategy for compressors led to a $0.01 per Mcf increase in gathering O&M due to accounting write-downs of replaced units,...

National Fuel Gas (NFG) came out with quarterly earnings of $2.71 per share, missing the Zacks Consensus Estimate of $2.85 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.91%. A quarter ago, it was expected that this energy company would post earnings of $1.91 per share when it actually produced earnings of $2.06, delivering a surprise of +7.85%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. National Fuel Gas, which belongs to the Zacks Oil and Gas - Integrated - United States industry, posted revenues of $858.37 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.39%. This compares to year-ago revenues of $729.95 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. National Fuel Gas shares have added about 11.4% since the beginning of the year versus the S&P 500's gain of 4.3%. While National Fuel Gas has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for National Fuel Gas was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see t...