Q4 2018 EPS Estimates for National Fuel Gas Increased by US Capital Advisors (NFG)

National Fuel Gas (NYSE:NFG) – US Capital Advisors boosted their Q4 2018 earnings per share estimates for National Fuel Gas in a report issued on Monday, May 14th. US Capital Advisors analyst B. Followill now forecasts that the oil and gas producer will post earnings of $0.53 per share for the quarter, up from their prior forecast of $0.51. US Capital Advisors also issued estimates for National Fuel Gas’ FY2019 earnings at $3.15 EPS.

Other equities analysts have also recently issued reports about the company. ValuEngine cut National Fuel Gas from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Jefferies Group upgraded National Fuel Gas from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. TheStreet upgraded National Fuel Gas from a “c” rating to a “b-” rating in a research report on Friday, February 2nd. Zacks Investment Research cut National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th. Finally, Citigroup reiterated a “neutral” rating and set a $54.00 price target on shares of National Fuel Gas in a research report on Wednesday, March 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. National Fuel Gas has a consensus rating of “Hold” and a consensus price target of $59.60.

Shares of National Fuel Gas opened at $51.38 on Thursday, MarketBeat reports. National Fuel Gas has a 1 year low of $51.29 and a 1 year high of $51.59. The firm has a market cap of $4.41 billion, a PE ratio of 15.57, a PEG ratio of 3.25 and a beta of 0.87. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.45 and a current ratio of 1.56.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Thursday, May 3rd. The oil and gas producer reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.05. National Fuel Gas had a return on equity of 16.12% and a net margin of 24.80%. The company had revenue of $540.90 million for the quarter, compared to analysts’ expectations of $569.43 million. During the same period last year, the firm earned $1.04 EPS. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MHI Funds LLC bought a new stake in shares of National Fuel Gas during the 4th quarter worth $113,000. Point72 Asia Hong Kong Ltd boosted its stake in shares of National Fuel Gas by 1,961.5% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 2,247 shares of the oil and gas producer’s stock worth $116,000 after acquiring an additional 2,138 shares in the last quarter. Captrust Financial Advisors bought a new stake in shares of National Fuel Gas during the 4th quarter worth $126,000. Meeder Asset Management Inc. boosted its stake in shares of National Fuel Gas by 41.2% during the 1st quarter. Meeder Asset Management Inc. now owns 3,831 shares of the oil and gas producer’s stock worth $197,000 after acquiring an additional 1,117 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new stake in shares of National Fuel Gas during the 4th quarter worth $210,000. 71.30% of the stock is owned by institutional investors and hedge funds.

About National Fuel Gas

National Fuel Gas Company operates as a diversified energy company. The company operates in five segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. The Exploration and Production segment explores for, develops, and produces natural gas and oil reserves in California in the Appalachian region of the United States.

Earnings History and Estimates for National Fuel Gas (NYSE:NFG)

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