NFG

National Fuel GasB

NYSE / Utilities

At close

2026-07-23

Current thesis

Favorable regulatory outcomes, modest commodity tailwinds, and successful asset optimization drive EPS and dividend improvement, supporting a re-rating toward the analyst high (111.3).

Posture

Constructive

Lead driver

Value

What changed

Next scheduled catalyst: earnings 2026-07-29 · AMC.

What can break

Key downside vectors are regulatory/rate-case setbacks that reduce allowed returns and large unanticipated capex or pipeline integrity costs that strain cash flow; weather-driven declines in gas volumes can exacerbate throughput and margin weakness, increasing dividend pressure.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $100.00 · Bull $111.30 · Bear $81.14

Earnings

2026-07-29 · AMC

Data freshness

Prices

As of 2026-07-23

Fundamentals

As of 2026-07-23 • Vendor: Data Vendor v1

Scores

As of 2026-07-23 • Model: HYBRID_IC_RP

AI Memo

As of 2026-01-31 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-23

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $101.50

Why

Momentum41 · Δ7d +13.3

Value68 · Δ7d -0.1

Sentiment54 · Δ7d -5.6

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+13.3

Δ21d

+23.3

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.1

Δ21d

-0.3

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-5.6

Δ21d

-10.9

Why this grade

Composite grade B. Momentum 40.7 / Value 68.1 / Sentiment 53.5

Fundamentals (TTM)

As of 2026-07-23

Market Cap

$7.8B

Beta

0.61

Shares Out

95.04M

P/E (TTM)

14.4

P/S (TTM)

3.42

P/FCF (TTM) · Derived

69.40

Rev YoY

+9.7%

EPS YoY

+9.1%

Gross Margin

+43.3%

Op Margin

+35.7%

Net Debt

$2.83B

Current Ratio

0.62

As of 2026-07-23 • Updated nightlySource: Internal modelMethodology