WATCH National Fuel Gas Company (NFG)
Energy · Oil & Gas Integrated · NYQ · United States
52
Final Score
-174.9%
Margin of Safety
74
Quality Score
$83.83
Current Price
$8.0B
Market Cap
Key Metrics
Pe Ratio
11.68
Forward Pe
10.97
Pb Ratio
2.03
Ev Ebitda
6.71
Roe
19.6%
Gross Margin
63.2%
Operating Margin
40.1%
Net Margin
26.9%
Dividend Yield
267.0%
Debt To Equity
90.92
Current Ratio
3.20
Beta
0.39
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
$24.40
Base
$30.50
High
$36.59
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
11.68
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.91
Current Ratio
3.20
Dilution Cagr
-0.00
Stage B — Quality Score: 74/100
Stage C — Cyclicality: MED
Normalized EPS
$4.46
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 3.0 |
| Earnings Quality | 18.5 |
| Balance Sheet | 15.0 |
| Stability | 8.2 |
| Moat Proxies | 7.5 |
Top Drivers
- High quality business (score 74/100): above-average returns on capital and reliable earnings generation.
- Reasonable P/E of 11.7x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Solid ROIC of 12.1% — above the 12% threshold, indicating the business creates genuine economic value for shareholders.
- Conservative leverage: D/E ratio of 0.91x is well within Graham's maximum of 1.0x, reducing insolvency risk.
Top Risks
- Moderate cyclicality (Cyclical sector: Energy) — earnings may fluctuate.
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2021 | N/A | N/A | N/A | N/A | $N/A |
| 2022 | $2.2B | $903.0M | $801.8M | $566.0M | $6.15 |
| 2023 | $2.2B | $847.8M | $755.1M | $476.9M | $5.17 |
| 2024 | $1.9B | $817.7M | $728.9M | $77.5M | $0.84 |
| 2025 | $2.3B | $1.0B | $955.3M | $518.5M | $5.68 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2021 | N/A | N/A | N/A |
| 2022 | $812.5M | $-811.8M | $695,000.00 |
| 2023 | $1.2B | $-1.0B | $227.2M |
| 2024 | $1.1B | $-931.2M | $134.7M |
| 2025 | $1.1B | $-912.8M | $187.2M |