NFG

National Fuel Gas Company

Energy · $7.5B market cap

Verdict

Share price

$76.43

close of Oct 3, 2026

Fair value

$34.77

Sticker Price

Payback Price

$13.91

buy price

Overpriced

NFG is Overpriced: at $76.43 it trades 120% above its fair value of $34.77. Its buy price (Payback Price) is $13.91, 82% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Dividend Discount Model. It has paid a dividend for 10+ years in a row, raised it most years, and yields over 2%. For a steady payer like this, the dividend is the best guide to value.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth5.1% a year✗
Equity per share growth2.4% a year✗
Sales growth-0.4% a year✗
Free cash flow growth-0.5% a year✗
Return on invested capital5.7%✗

Follow NFG

Get notified when it reaches its buy price of $13.91. Free.

Create a free account

Superinvestors

1 of the investors we track holds NFG. In Q2 2026, 1 opened a position. Who we track

Moves in Q2 2026

New position: Harry Burn

Insider activity

Since Apr 15, 2026: no open-market purchases and 19 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About National Fuel Gas Company

National Fuel Gas Company (NFG) operates as a multifaceted energy enterprise, with its business structured across four primary divisions: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production (E&P) division is dedicated to discovering, developing, and producing natural gas and oil. Its operations are concentrated in California and the Appalachian region of the…

Oil & Gas Integrated

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works