National Fuel Gas Co. (NYSE:NFG) had declared a cash dividend of $0.4050 on Sep 16, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.9358%. The dividend payable date has been fixed on Oct 14, 2016.
In a different note, On Aug 10, 2016, Barclays said it Maintains its rating on National Fuel Gas Co.. In the research note, the firm Raises the price-target to $47.00 per share. The shares have been rated ‘Equal-weight’ by the firm. On Jul 25, 2016, Jefferies said it Maintains its rating on National Fuel Gas Co.. In the research note, the firm Raises the price-target to $59.00 per share. The shares have been rated ‘Hold’ by the firm.
National Fuel Gas Co. (NFG) made into the market gainers list on Thursdays trading session with the shares advancing 1.53% or 0.87 points. Due to strong positive momentum, the stock ended at $57.57, which is also near the day’s high of $57.62. The stock began the session at $57.16 and the volume stood at 4,03,259 shares. The 52-week high of the shares is $59.622 and the 52 week low is $37.03. The company has a current market capitalization of $4,893 M and it has 8,49,88,442 shares in outstanding.
National Fuel Gas Co.(NFG) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $335.62M. Analysts had an estimated revenue of $384.26M. Earnings per share were $0.68. Analysts had estimated an EPS of $0.65.
Several Insider Transactions has been reported to the SEC. On Sep 9, 2016, John R Pustulka (Chief Operating Officer) sold 12,000 shares at $58.58 per share price.Also, On Sep 6, 2016, David F Smith (director) sold 48,983 shares at $56.93 per share price.On Jun 27, 2016, Paula M Ciprich (Sr VP, Gen Counsel & Sec) sold 15,000 shares at $56.05 per share price, according to the Form-4 filing with the securities and exchange commission.
National Fuel Gas Company is a holding company. The Company is an energy company engaged in the production gathering transportation distribution and marketing of natural gas. The Company operates through five segments: Exploration and Production including operations carried out through its subsidiary Seneca Resources Corporation; Pipeline and Storage including operations carried out through its subsidiaries National Fuel Gas Supply Corporation and Empire Pipeline Inc.; Gathering including operations carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility including operations are carried out by through its subsidiary Distribution Corporation and Energy Marketing including operations carried out through its subsidiary National Fuel Resources Inc. The Company operates an integrated business with assets centered in western New York and Pennsylvania. The Company also develops and produces oil reserves primarily in California.