National Fuel Gas Company Q1 2026 Earnings Call Highlights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 7h ago
0mins
Source: seekingalpha
- Stable Earnings Performance: National Fuel Gas Company reported adjusted EPS of $2.06 for Q1, aligning with expectations and demonstrating operational stability during challenging winter conditions.
- Significant EBITDA Growth: The integrated upstream and gathering segment saw a 29% year-over-year increase in adjusted EBITDA, driven by a three-year rate settlement in New York and pipeline modernization efforts in Pennsylvania, strengthening the company's financial foundation.
- Production and Capital Efficiency Gains: The company achieved net production of 109 Bcf in the first quarter, a 12% increase year-over-year, while capital efficiency improved by 30% since 2023, laying a solid groundwork for future growth.
- Acquisition Progress on Track: National Fuel completed a $350 million private placement of common stock to meet equity needs for the CenterPoint Ohio acquisition, which is expected to further drive market expansion and financial stability.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like NFG with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on NFG
Wall Street analysts forecast NFG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFG is 101.00 USD with a low forecast of 96.00 USD and a high forecast of 106.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
0 Buy
4 Hold
0 Sell
Hold
Current: 83.090
Low
96.00
Averages
101.00
High
106.00
Current: 83.090
Low
96.00
Averages
101.00
High
106.00
About NFG
National Fuel Gas Company is a diversified, integrated energy company with a complementary mix of natural gas assets. It is engaged in the production, gathering, transportation, storage and distribution of natural gas. Its segments include Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment is engaged in the exploration for, and the development and production of, primarily natural gas in the Appalachian region of the United States. The Pipeline and Storage segment provides interstate natural gas transportation services for affiliated and nonaffiliated companies through integrated natural gas pipeline systems in Pennsylvania and New York. The Gathering segment builds, owns, and operates gathering facilities in the Appalachian region. The Utility segment provides natural gas utility services to approximately 755,000 customers through a local distribution system located in western New York and northwestern Pennsylvania.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
National Fuel Gas Company Q1 2026 Earnings Call Highlights
- Stable Earnings Performance: National Fuel Gas Company reported adjusted EPS of $2.06 for Q1, aligning with expectations and demonstrating operational stability during challenging winter conditions.
- Significant EBITDA Growth: The integrated upstream and gathering segment saw a 29% year-over-year increase in adjusted EBITDA, driven by a three-year rate settlement in New York and pipeline modernization efforts in Pennsylvania, strengthening the company's financial foundation.
- Production and Capital Efficiency Gains: The company achieved net production of 109 Bcf in the first quarter, a 12% increase year-over-year, while capital efficiency improved by 30% since 2023, laying a solid groundwork for future growth.
- Acquisition Progress on Track: National Fuel completed a $350 million private placement of common stock to meet equity needs for the CenterPoint Ohio acquisition, which is expected to further drive market expansion and financial stability.
Continue Reading
Major Earnings Reports Expected After Bell on Wednesday
- Tesla Earnings: After the market closes on Wednesday, Tesla (TSLA) will release its earnings report, with investors keenly watching changes in electric vehicle sales and profitability, which are expected to directly impact its stock price.
- Microsoft Earnings Preview: Microsoft (MSFT) will also report earnings on the same day, and investors are looking for growth data from its cloud computing and software businesses to assess future market performance.
- Meta Earnings Release: Meta Platforms (META) is set to announce its earnings on Wednesday evening, with analysts focusing on advertising revenue and user growth to gauge its position in the highly competitive social media market.
- IBM Earnings Outlook: International Business Machines Corporation (IBM) will similarly release its earnings on Wednesday, and the market will closely monitor the performance of its cloud services and artificial intelligence business to evaluate the effectiveness of the company's transformation.
Continue Reading