National Fuel Gas Co

  • Earnings Score
  • Moat Score
  • Safety Score
  • Market Cap $5.55B
  • PE 72
  • Debt $3.19B
  • Cash $38.22M
  • EV $8.70B
  • FCF $134.73M

Earnings

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Sales & Net Margins

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Earnings$77.51M
EBIT$209.72M
ROE3%
ROA3%
FCF$134.73M
Equity$2.85B
Growth Stability-38%
PE71.64
PEG2.85
PB1.95
P/FCF41.22
P/S2.86
Price/Cash0.01
Debt/Equity1.12
Debt/FCF23.66
Net Margins4%
Gross Margins92%
Op. Margins11%
Earnings CAGR3%
Sales Growth YoY1%
Sales Growth QoQ-11%
Sales CAGR4%
FCF CAGR2%
Equity CAGR5%
Earnings Stability0.02
Earnings Growth YoY-328%
Earnings Growth QoQ210%
Earnings CAGR 5Y25%
Sales CAGR 5Y8%
FCF CAGR 5Y25%
Equity CAGR 5Y11%
Earnings CAGR 3Y-1%
Sales CAGR 3Y-1%
FCF CAGR 3Y224%
Equity CAGR 3Y22%
Market Cap$5.55B
Revenue$1.94B
Dividend Yield3%
Payout Ratio239%
Assets$8.32B
Total Debt$3.19B
Cash$38.22M
Shares Outstanding91.01M
EV8.7B
Earnings Score6%
Moat Score42%
Safety Score41%
Final Score30%
Working Capital-739.97M
Current Ratio0.32
Gross Profit$1.79B
Shares Growth 3y0%
Equity Growth QoQ-9%
Equity Growth YoY-4%

Assets & ROA

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Stockholders Equity & ROE

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National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States.

SEC Filings

Direct access to National Fuel Gas Co (NFG) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

  • 2024
    • 10-K Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2023
    • 10-Q Dec 31
    • 10-K Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31
  • 2022
    • 10-Q Dec 31
    • 10-K Sep 30
    • 10-Q Jun 30
    • 10-Q Mar 31

Sector Comparison

How does National Fuel Gas Co compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of National Fuel Gas Co compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 3%
Stability 2%
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National Fuel Gas Co Discounted Cash Flow

Fully customizable DCF calculator online for National Fuel Gas Co.

= $1.5B
012345678910TV
fcf$135M$137M$139M$141M$144M$146M$148M$151M$153M$156M$158M$1.6B
DCF$124M$115M$106M$98M$91M$84M$77M$72M$66M$61M$611M
Value$1.5B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years09/201509/201609/201709/201809/201909/202009/202109/202209/202309/2024TTM
Net Margins--20%18%25%18%-8%21%26%22%4%4%
ROA--7%9%8%8%0%9%10%9%3%3%
ROE--19%17%20%14%-6%20%27%16%3%3%

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years09/201509/201609/201709/201809/201909/202009/202109/202209/202309/2024TTM
Debt over FCF-283.5311.4668.1-23.17107.87704.58K11.7623.6623.66
Debt over Equity1.041.371.581.11.021.351.561.530.91.121.12
Growth Stability----100%-38%100%100%100%17%-38%

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years09/201509/201609/201709/201809/201909/202009/202109/202209/202309/2024CAGR 5Y
Revenue YoY growth--9%1%6%-9%13%25%-1%-11%8%
Earnings YoY growth--23%-197%38%-22%-141%-394%56%-16%-84%25%
Equity YoY growth--25%12%14%10%-8%-9%16%42%-4%11%
FCF YoY growth--104%3K%-87%-402%-126%61%-98%33K%-41%25%