National Fuel Gas (NFG) to Release Earnings on Thursday

National Fuel Gas (NYSE:NFG) is scheduled to be releasing its earnings data after the market closes on Thursday, August 1st. Analysts expect National Fuel Gas to post earnings of $0.71 per share for the quarter. National Fuel Gas has set its FY19 guidance at $3.45 to $3.65 EPS.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings data on Thursday, May 2nd. The oil and gas producer reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.15 by ($0.08). The company had revenue of $552.54 million during the quarter, compared to analysts’ expectations of $602.15 million. National Fuel Gas had a net margin of 17.57% and a return on equity of 14.99%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.11 earnings per share. On average, analysts expect National Fuel Gas to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of NFG opened at $47.30 on Wednesday. The stock has a market cap of $3.98 billion, a price-to-earnings ratio of 14.16, a P/E/G ratio of 4.94 and a beta of 0.84. National Fuel Gas has a 12-month low of $45.79 and a 12-month high of $61.71. The firm has a 50-day moving average of $51.92. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.07 and a current ratio of 1.17.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Investors of record on Friday, June 28th were issued a $0.435 dividend. This is a positive change from National Fuel Gas’s previous quarterly dividend of $0.43. This represents a $1.74 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend was Thursday, June 27th. National Fuel Gas’s payout ratio is 52.10%.

Several brokerages recently issued reports on NFG. ValuEngine lowered shares of United Rentals from a “sell” rating to a “strong sell” rating in a report on Thursday, July 18th. TheStreet lowered shares of Weyco Group from a “b-” rating to a “c+” rating in a report on Friday, July 19th. Finally, Zacks Investment Research upgraded shares of Falcon Minerals from a “sell” rating to a “hold” rating in a research note on Monday, July 22nd.

About National Fuel Gas

National Fuel Gas Company operates as a diversified energy company. It operates through five segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. 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.

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Earnings History for National Fuel Gas (NYSE:NFG)

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