Price History
Feb 9, 2026 — Jul 6, 2026Investment Snapshot
- Trading 3% above Graham Number — above intrinsic value estimate
- Piotroski F-Score 7/9 — financially strong with improving fundamentals
- ROE of 16.5% — good return on equity
- Revenue growing at 17% annually
National Fuel Gas Company Common Stock (NFG) is a Utilities company operating in Natural Gas Distribution, listed on the NYSE , with a market capitalisation of $7.3 billion . Key value metrics: P/E ratio 9.1, P/B ratio 2.41, Piotroski F-Score 7 out of 9 (strong financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
National Fuel Gas Company Common Stock — Fundamental Analysis Summary
National Fuel Gas Company Common Stock (NFG) is currently trading 3% above its Graham Number of $74.54, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries a low trailing P/E ratio of 9.1x.
On financial health, NFG shows a strong Piotroski F-Score of 7/9, indicating improving fundamentals across profitability, leverage, and efficiency, and solid return on equity of 16.5% (sector average: 6.1%), and manageable leverage with a debt-to-equity ratio of 0.87.
StockPik's composite Value Score for NFG is 89/100 — placing it in undervalued territory. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
NFG reports a high gross margin of 83.5% (sector average: 39.6%) and a strong operating margin of 42.2%.
NFG shows revenue growing at 17% year-over-year, with earnings growing at 569%.
NFG pays a modest dividend yield of 2.8%.