$NFG

National Fuel Gas Company (NFG) plans to separate its Integrated Upstream and Gathering (IUG) operations from its regulated utility, pipeline, and storage businesses by October 15. Shareholders may receive IUG shares tax-free. NFG is also acquiring CenterPoint Energy’s Ohio gas utility, adding 335,000 customers. The split could enhance valuation and strategic flexibility but may reduce cash flow and integration benefits.

National Fuel Gas (NFG) is exploring strategic options for its $5B natural gas production unit, including a sale, merger, or spinoff, with Goldman Sachs advising. The unit, comprising Seneca Resources and National Fuel Gas Midstream, contributes 69% of NFG's adjusted EBITDA. The review follows unsolicited interest and aims to align with NFG's utility-focused strategy, potentially narrowing its valuation gap with pure-play utilities.

National Fuel Gas Company (NFG) declared a quarterly dividend of $0.555 per share, payable October 15. This marks 124 consecutive years of dividends and 56 years of annual increases. The annualized dividend is $2.22, yielding 2.7%. The company generated $1.035 billion in operating cash flow and $280 million in free cash flow in the first nine months of fiscal 2026, supporting the dividend.

KeyBanc analyst Tim Rezvan maintained a Buy rating on National Fuel Gas Company (NFG) with a $95 price target. NFG reported Q2 revenue of $537.5M and net profit of $138.62M, down from $149.82M last year. Analysts' consensus is Moderate Buy with a $92.33 target.

Krebs Martin A (Chief Information Officer) sold (to issuer) 478 shares of NATIONAL FUEL GAS CO (NFG) on 2026-09-16.

Del Vecchio Joseph N (President, NFG Supply Corp.) sold (to issuer) 428 shares of NATIONAL FUEL GAS CO (NFG) on 2026-09-16.

Bauer David P (President and CEO) sold (to issuer) 4,907 shares of NATIONAL FUEL GAS CO (NFG) on 2026-09-16.

Fitch affirmed NJSC Naftogaz of Ukraine’s long-term issuer default rating at ‘CC’ after restructuring $0.6 billion and EUR0.7 billion Eurobonds via Kondor Finance. Fitch cited weak liquidity forecasts, high Ukraine operating risks, limited external financing, and affirmed USD and EUR bonds at ‘C’ (Recovery Rating ‘RR6’).

National Fuel Gas (NFG) said it expects nearly $30 million in additional expansion revenue for fiscal 2027 from the Tioga Pathway and Shippingport Lateral projects. It remains on track to close its CenterPoint Ohio gas utilities acquisition in the calendar fourth quarter, targeting Oct. 1, after a June debt issuance. The company also discussed Line N capacity additions, rate-case timelines, and Utica development plans.

National Fuel Gas Company NFG reported third-quarter fiscal 2026 adjusted earnings of $1.54 per share, which beat the Zacks Consensus Estimate of $1.47 by 4.8%. However, earnings declined 6.1% from $1.64 in the year-ago quarter. GAAP earnings for the reported quarter were $1.45 per share compared with $1.64 in the year-ago quarter. NFG’s Total Revenues NFG reported sales of $537.5 million, which missed the consensus estimate of $564 million by 4.7%.