Natl Fuel Gas Co Stock Price, News & Analysis

CenterPoint Energy (NYSE: CNP) announced the sale of its Ohio natural gas Local Distribution Company, Vectren Energy Delivery of Ohio, to National Fuel Gas (NYSE: NFG) for $2.62 billion. The assets include ~5,900 miles of pipeline and serve ~335,000 metered customers. The price equals ~1.9x 2024 Ohio LDC rate base.

The transaction is subject to Hart-Scott-Rodino and Public Utilities Commission of Ohio review and is expected to close in Q4 2026. CenterPoint expects $1.42 billion in proceeds in 2026 and $1.20 billion in 2027 under a seller note. The company says proceeds will help recycle >$2 billion into a $65 billion capital plan and reiterates a 9% non-GAAP EPS growth rate in 2025 and its long-term EPS targets through 2035.

National Fuel (NYSE: NFG) agreed to acquire CenterPoint’s Ohio natural gas utility business for $2.62 billion on a cash‑free, debt‑free basis, subject to closing adjustments. The purchase price implies ~1.6x estimated 2026 rate base of $1.6 billion. Closing is expected in Q4 2026 pending regulatory and HSR reviews.

The deal adds ~5,900 miles of pipeline, ~335,000 customers, ~60 Bcf annual gas consumption, doubles utility rate base to ~$3.2 billion, and grows pro forma customers to ~1.1 million. Financing includes a fully committed bridge, a $1.2 billion promissory note (364‑day maturity, 6.5% interest), and planned permanent financing using $300–400 million equity plus debt and cash flow. Company expects immediate regulated EPS accretion (ex‑transaction costs) and consolidated neutrality in fiscal 2028 at current gas prices, then accretion.

National Fuel Gas Company (NYSE:NFG) has announced its quarterly dividend of 53.5 cents per share on common stock. The dividend will be payable on October 15, 2025, to stockholders of record as of September 30, 2025.

The company currently has approximately 90.4 million shares of common stock outstanding and no preferred stock. National Fuel operates as a diversified energy company based in Western New York, managing natural gas operations across four segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.

National Fuel Gas Company (NYSE: NFG) has released its 2024 Corporate Responsibility Report, highlighting significant progress in sustainability and operational performance. The company achieved a 28% reduction in consolidated methane emissions since 2020 and made substantial progress toward its 2030 methane intensity targets, with reductions ranging from 15% to 58% across business segments.

The report emphasizes NFG's commitment to sustainable energy delivery while maintaining operational excellence, with near-perfect service reliability across all business segments. The company enhanced its employee development initiatives and increased community engagement, contributing nearly $2 million to community initiatives and logging over 4,000 employee volunteer hours.

National Fuel Gas (NYSE:NFG) reported strong Q3 fiscal 2025 results with GAAP earnings of $1.64 per share, compared to a loss of $0.59 in the prior year. Adjusted earnings increased 66% to $1.64 per share.

The company's Exploration and Production segment saw a 157% increase in adjusted operating results, driven by lower operating costs and higher natural gas prices. Natural gas production reached 112 Bcf, up 16% year-over-year. The company generated $196 million in net cash from operations less investments.

NFG revised its FY2025 adjusted EPS guidance to $6.80-$6.95 and initiated FY2026 preliminary guidance projecting a 20% increase from FY2025. The company also announced a 4% dividend increase to $2.14 per share annually, marking its 55th consecutive year of dividend increases.

National Fuel Gas Company (NYSE:NFG) has scheduled its third quarter fiscal 2025 earnings conference call for Thursday, July 31, 2025, at 9:00 a.m. ET. The company will release its Q3 FY2025 earnings results after market close on Wednesday, July 30, 2025.

The conference call will feature approximately 20 minutes of prepared remarks from the executive team, followed by a Q&A session. A webcast replay will be available through August 7, 2025, accessible via phone at 1-866-813-9403 using Access Code 592578.

The Frontier Group of Companies (FGC) announced plans to transform the former 2.7 gigawatt Bruce Mansfield Power Plant into the Shippingport Power Station, a larger natural gas generation facility in Pennsylvania. The project includes a collocated data center to support AI infrastructure and will contribute over one gigawatt of excess capacity to PJM Interconnection.

The redevelopment is expected to generate $6 billion in economic activity, create 15,000 construction jobs and 340 full-time positions. The project will utilize 800 million cubic feet per day of natural gas, with EQT Corporation (NYSE: EQT) serving as the primary gas supplier and National Fuel Gas Supply Corporation handling transportation.

National Fuel Gas Company (NYSE: NFG) has announced a 3.9% increase in its quarterly dividend, raising it from 51.5 cents to 53.5 cents per share, resulting in an annual rate of $2.14 per share. This marks the company's 55th consecutive year of dividend increases and extends its remarkable 123-year streak of continuous dividend payments. The dividend will be paid on July 15, 2025, to stockholders of record as of June 30, 2025. National Fuel, a diversified energy company based in Western New York, operates across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. The company currently has approximately 90.4 million shares of common stock outstanding and no preferred stock.

New Found Gold Corp. (NYSE-A: NFGC) has launched its 2025 work program at the Queensway Gold Project in Newfoundland and Labrador. The program includes four diamond drill rigs conducting infill drilling at Keats West and Lotto zones, with two additional rigs planned for June 2025. The company is focusing on both infill and exploration drilling, particularly at high-priority targets including the Dome and Dropkick zones. Following a Q1/25 initial mineral resource announcement, the company is progressing towards development with a fully-funded PEA expected later this quarter. The program includes dewatering of the Iceberg zone excavation for channel sampling, and plans for bulk sampling in H1 2026. Notable previous drill results from Dropkick include 89.5 g/t Au over 5.85m and 26.2 g/t Au over 16.2m. The company has also engaged Target IR for investor relations services at $8,500/month starting May 15, 2025.