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

Highlights

Market Cap
$7.14B
Enterprise Value
$7.11B
EPS (TTM)
$7.46
PE Ratio
10.20
PEG Ratio
0.08
Total Revenue (TTM)
$988.24M
Gross Profit (TTM)
$576.67M
EBITDA (TTM)
$1.41B
Year Range
$75.17 - $97.06
Target Price
$101.00
ROA (TTM)
7.52%
ROE (TTM)
17.95%

Share Price Chart


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Performance

NFG Performance Chart

National Fuel Gas Company (NFG) is down 4.4% since the beginning of the year. At $76 per share, NFG is trading 21.6% below its 52-week high of $97. Investors who bought $1,000 worth of NFG shares 5 years ago would now be looking at an investment worth $1,706.


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S&P 500 Index

Returns By Period

National Fuel Gas Company (NFG) has returned -4.38% so far this year and -8.98% over the past 12 months. Over the last ten years, NFG has returned 6.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


National Fuel Gas Company

1D
0.30%
1M
-5.93%
YTD
-4.38%
6M
-6.20%
1Y
-8.98%
3Y*
19.09%
5Y*
11.28%
10Y*
6.63%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NFG Monthly Returns History

Based on dividend-adjusted daily data since Sep 1, 1987, NFG's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 years.

Historically, 57% of months were positive and 43% 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%-10.20%-8.45%-1.46%-4.38%
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 5.66%, beta of 0.65, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since September 01, 1987.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (75.83%) than losses (69.02%) - 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
5.66%
Beta
0.65
0.24
Upside Capture
75.83%
Downside Capture
69.02%

Return for Risk

Risk / Return Rank

NFG ranks 22 for risk / return — below 22% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


NFG Risk / Return Rank: 2222
Overall Rank
NFG Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
NFG Sortino Ratio Rank: 1919
Sortino Ratio Rank
NFG Omega Ratio Rank: 2020
Omega Ratio Rank
NFG Calmar Ratio Rank: 2727
Calmar Ratio Rank
NFG Martin Ratio Rank: 2424
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 S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


NFGBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.49

Sortino ratioReturn per unit of downside risk

-3.29

Omega ratioGain probability vs. loss probability

0.94

1.37

-0.43

Calmar ratioReturn relative to maximum drawdown

-0.43

2.78

-3.21

Martin ratioReturn relative to average drawdown

-0.89

12.44

-13.33

Dividends

Dividend History

National Fuel Gas Company provided a 2.81% 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

2.81%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$0.00$0.00$0.00$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 2.81%, which is quite average when compared to the overall market.

Payout Ratio

National Fuel Gas Company has a payout ratio of 28.27%, 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 20.69%.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-55.49%Nov 2008
6mo 2d1y 11mo
2y 5moMay 2008 - Nov 2010
COVID crash2020
-50.10%Mar 2020
5y 8mo1y 8mo
7y 4moJul 2014 - Nov 2021
Dot-com crash2000–2002
-46.43%Jul 2002
1y 6mo2y 1mo
3y 8moDec 2000 - Sep 2004
2012 bear market2012
-42.91%Jun 2012
11mo 3d1y 4mo
2y 3moJul 2011 - Oct 2013
2024 bear market2024
-35.74%Feb 2024
1y 8mo11mo 21d
2y 7moJun 2022 - Jan 2025

Drawdown Indicators


NFGBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-55.49%

-56.78%

+1.29%

Max Drawdown (1Y)

Largest decline over 1 year

-20.93%

-9.10%

-11.83%

Max Drawdown (3Y)

Largest decline over 3 years

-20.93%

-18.90%

-2.03%

Max Drawdown (5Y)

Largest decline over 5 years

-35.74%

-25.43%

-10.31%

Max Drawdown (10Y)

Largest decline over 10 years

-44.28%

-33.92%

-10.36%

Current Drawdown

Current decline from peak

-20.69%

-1.80%

-18.89%

Average Drawdown

Average peak-to-trough decline

-14.34%

-10.71%

-3.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.09%

2.03%

+8.06%

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 10.2. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

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 7.1. 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 1.9. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

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
Portfolio Analyzer

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