National Fuel Gas (NFG) to Release Earnings on Wednesday

National Fuel Gas (NYSE:NFG) will be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect National Fuel Gas to post earnings of $1.47 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

National Fuel Gas (NYSE:NFG) last released its earnings results on Thursday, February 8th. The oil and gas producer reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.14. The company had revenue of $525.36 million during the quarter, compared to the consensus estimate of $664.57 million. National Fuel Gas had a net margin of 21.58% and a return on equity of 14.81%. The company’s revenue was down 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.84 EPS. On average, analysts expect National Fuel Gas to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

National Fuel Gas Price Performance

NFG opened at $53.75 on Wednesday. The company has a 50-day moving average of $51.36 and a 200-day moving average of $50.83. The company has a market capitalization of $4.95 billion, a P/E ratio of 11.27 and a beta of 0.63. National Fuel Gas has a 1-year low of $45.32 and a 1-year high of $56.67. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.47 and a current ratio of 0.56.

National Fuel Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a dividend of $0.495 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date was Wednesday, March 27th. National Fuel Gas’s dividend payout ratio is presently 41.51%.

Analyst Upgrades and Downgrades

NFG has been the subject of a number of recent research reports. Scotiabank boosted their price objective on shares of National Fuel Gas from $67.00 to $72.00 and gave the company a “sector outperform” rating in a research report on Thursday, April 11th. StockNews.com raised shares of National Fuel Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, March 20th.

About National Fuel Gas

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. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.