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National Fuel Gas Company (NFG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US6361801011
CUSIP
636180101
Sector
Energy
IPO Date
Sep 1, 1987

Highlights

Market Cap
$8.64B
Enterprise Value
$11.83B
EPS (TTM)
$7.17
PE Ratio
13.11
PEG Ratio
0.10
Total Revenue (TTM)
$2.37B
Gross Profit (TTM)
$1.22B
EBITDA (TTM)
$1.51B
Year Range
$69.93 - $97.06
Target Price
$101.00
ROA (TTM)
7.12%
ROE (TTM)
18.26%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in National Fuel Gas Company, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

National Fuel Gas Company (NFG) has returned 18.03% so far this year and 21.58% over the past 12 months. Over the last ten years, NFG has returned 10.01% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


National Fuel Gas Company

1D
-0.52%
1M
3.80%
YTD
18.03%
6M
2.98%
1Y
21.58%
3Y*
21.45%
5Y*
17.05%
10Y*
10.01%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 1, 1987, NFG's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, your investment would double in approximately 5.9 years.

Historically, 58% of months were positive and 42% were negative. The best month was Oct 2011 with a return of +25.9%, while the worst month was Sep 2011 at -20.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.

On a daily basis, NFG closed higher 49% of trading days. The best single day was Oct 13, 2008 with a return of +17.6%, while the worst single day was Mar 18, 2020 at -15.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.61%8.69%3.80%18.03%
202515.41%7.38%6.00%-3.04%7.50%3.28%2.46%-0.06%7.11%-14.57%4.49%-2.25%35.31%
2024-6.00%3.35%11.27%-1.15%7.65%-4.30%8.12%2.00%2.29%-0.13%5.68%-4.33%25.38%
2023-8.28%-1.34%1.65%-3.19%-8.93%1.88%3.41%1.19%-2.49%-1.85%-0.31%-0.24%-17.71%
2022-5.02%2.49%11.11%2.08%4.85%-9.54%9.52%-1.48%-12.99%9.65%-1.87%-3.71%1.87%
2021-2.12%12.87%10.99%-0.66%4.49%1.56%-1.57%0.74%2.23%9.35%0.66%11.39%60.66%

Benchmark Metrics

National Fuel Gas Company has an annualized alpha of 6.51%, beta of 0.65, and R² of 0.24 versus S&P 500 Index. Calculated based on daily prices since September 02, 1987.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (79.61%) than losses (68.71%) — typical of diversified or defensive assets.
  • Beta of 0.65 may look defensive, but with R² of 0.24 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.24 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.51%
Beta
0.65
0.24
Upside Capture
79.61%
Downside Capture
68.71%

Return for Risk

Risk / Return Rank

NFG ranks 69 for risk / return — better than 69% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


NFG Risk / Return Rank: 6969
Overall Rank
NFG Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
NFG Sortino Ratio Rank: 6767
Sortino Ratio Rank
NFG Omega Ratio Rank: 6666
Omega Ratio Rank
NFG Calmar Ratio Rank: 6969
Calmar Ratio Rank
NFG Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for National Fuel Gas Company (NFG) and compare them to a chosen benchmark (S&P 500 Index).


NFGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.03

0.90

+0.14

Sortino ratio

Return per unit of downside risk

1.51

1.39

+0.13

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.41

1.40

+0.01

Martin ratio

Return relative to average drawdown

3.06

6.61

-3.54

Explore NFG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

National Fuel Gas Company provided a 2.28% dividend yield over the last twelve months, with an annual payout of $2.14 per share. The company has been increasing its dividends for 19 consecutive years.


3.00%3.50%4.00%$0.00$0.50$1.00$1.50$2.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$2.14$2.12$2.04$1.96$1.88$1.81$1.77$1.73$1.69$1.65$1.61$1.57

Dividend yield

2.28%2.65%3.36%3.91%2.97%2.83%4.30%3.72%3.30%3.00%2.84%3.67%

Monthly Dividends

The table displays the monthly dividend distributions for National Fuel Gas Company. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.54$0.54
2025$0.00$0.00$0.52$0.00$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.54$2.12
2024$0.00$0.00$0.50$0.00$0.00$0.52$0.00$0.00$0.52$0.00$0.00$0.52$2.04
2023$0.00$0.00$0.48$0.00$0.00$0.50$0.00$0.00$0.50$0.00$0.00$0.50$1.96
2022$0.00$0.00$0.46$0.00$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$1.88
2021$0.00$0.00$0.45$0.00$0.00$0.46$0.00$0.00$0.46$0.00$0.00$0.46$1.81

Dividend Yield & Payout


Dividend Yield

National Fuel Gas Company has a dividend yield of 2.28%, which is quite average when compared to the overall market.

Payout Ratio

National Fuel Gas Company has a payout ratio of 28.99%, which is quite average when compared to the overall market. This suggests that National Fuel Gas Company strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the National Fuel Gas Company. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the National Fuel Gas Company was 55.49%, occurring on Nov 20, 2008. Recovery took 492 trading sessions.

The current National Fuel Gas Company drawdown is 1.88%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-55.49%May 22, 2008128Nov 20, 2008492Nov 4, 2010620
-50.1%Jul 1, 20141442Mar 23, 2020424Nov 24, 20211866
-46.43%Dec 29, 2000390Jul 24, 2002534Sep 7, 2004924
-42.91%Jul 7, 2011230Jun 4, 2012348Oct 22, 2013578
-35.74%Jun 8, 2022417Feb 5, 2024240Jan 21, 2025657

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of National Fuel Gas Company over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how National Fuel Gas Company is priced in the market compared to other companies in the Oil & Gas Integrated industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for NFG, comparing it with other companies in the Oil & Gas Integrated industry. Currently, NFG has a P/E ratio of 13.1. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for NFG compared to other companies in the Oil & Gas Integrated industry. NFG currently has a PEG ratio of 0.1. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for NFG relative to other companies in the Oil & Gas Integrated industry. Currently, NFG has a P/S ratio of 3.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for NFG in comparison with other companies in the Oil & Gas Integrated industry. Currently, NFG has a P/B value of 2.4. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items