November 29, 2016 - By Dolores Ford · 0 Comments
National Fuel Gas Co (NYSE:NFG) institutional sentiment increased to 1.38 in Q2 2016. Its up 0.11, from 1.27 in 2016Q1. The ratio improved, as 136 investment managers increased or opened new holdings, while 107 decreased and sold holdings in National Fuel Gas Co. The investment managers in our partner’s database reported: 52.65 million shares, down from 55.65 million shares in 2016Q1. Also, the number of investment managers holding National Fuel Gas Co in their top 10 holdings increased from 4 to 5 for an increase of 1. Sold All: 25 Reduced: 82 Increased: 95 New Position: 41.
National Fuel Gas Company is a holding company. The company has a market cap of $4.84 billion. The Firm is an energy firm engaged in the production, gathering, transportation, distribution and marketing of natural gas. It currently has negative earnings. The Firm operates through five divisions: Exploration and Production, including activities carried out through its subsidiary, Seneca Resources Corporation; Pipeline and Storage, including activities carried out through its subsidiaries, National Fuel Gas Supply Corporation and Empire Pipeline, Inc.; Gathering, including activities carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility, including activities are carried out by through its subsidiary, Distribution Corporation, and Energy Marketing, including activities carried out through its subsidiary, National Fuel Resources, Inc.
About 54,275 shares traded hands. National Fuel Gas Co. (NYSE:NFG) has risen 5.28% since April 26, 2016 and is uptrending. It has outperformed by 0.02% the S&P500.
Analysts await National Fuel Gas Co. (NYSE:NFG) to report earnings on February, 2. They expect $0.85 EPS, up 8.97% or $0.07 from last year’s $0.78 per share. NFG’s profit will be $72.65 million for 16.66 P/E if the $0.85 EPS becomes a reality. After $0.66 actual EPS reported by National Fuel Gas Co. for the previous quarter, Wall Street now forecasts 28.79% EPS growth.
According to Zacks Investment Research, “National Fuel Gas Co. is engaged in the business of owning and holding securities issued by its subsidiary companies. The company is a diversified energy company consisting of the following six reportable business segments: Utility; Pipeline and Storage; Exploration and Production; International; Energy Marketing; and Timber.”
Nuance Investments Llc holds 9.72% of its portfolio in National Fuel Gas Co. for 1.65 million shares. Robshaw & Julian Associates Inc owns 82,960 shares or 3.6% of their US portfolio. Moreover, Private Capital Management Llc has 3.08% invested in the company for 369,689 shares. The North Carolina-based Jolley Asset Management Llc has invested 2.43% in the stock. Aristotle Capital Management Llc, a California-based fund reported 2.88 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 4 sales for $10.87 million net activity.
Ratings analysis reveals 33% of National Fuel Gas Co.’s analysts are positive. Out of 3 Wall Street analysts rating National Fuel Gas Co., 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $5 while the high is $68. The stock’s average target of $45.50 is -19.65% below today’s ($56.63) share price. NFG was included in 8 notes of analysts from July 23, 2015. Jefferies downgraded the stock to “Hold” rating in Monday, April 18 report. The firm has “Buy” rating by Jefferies given on Thursday, July 23. The firm has “Buy” rating by Jefferies given on Thursday, October 13. The firm earned “Sector Perform” rating on Tuesday, November 17 by Howard Weil. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, August 10.
National Fuel Gas Company, incorporated in 1902, is a holding company. The Firm is an energy firm engaged in the production, gathering, transportation, distribution and marketing of natural gas. The Firm operates through five divisions: Exploration and Production, Pipeline and Storage, Gathering, Utility and Energy Marketing. The Firm operates an integrated business, with assets centered in western New York and Pennsylvania. The Firm also develops and produces oil reserves, primarily in California. The Company, through its subsidiaries, coordinates projects that are designed to produce and transport natural gas from the Marcellus Shale to markets in Canada and the eastern United States.
More important recent National Fuel Gas Co. (NYSE:NFG) news were published by: Bna.com which released: “First Proxy Access Nominee? Not So Fast Says National Fuel Gas Co.” on November 28, 2016, also Bna.com published article titled: “Gamco Withdraws Proxy Access Nominee at National Fuel Gas”, Forbes.com published: “Ex-Dividend Reminder: Pattern Energy Group, National Fuel Gas and Danaher” on September 26, 2016. More interesting news about National Fuel Gas Co. (NYSE:NFG) was released by: Seekingalpha.com and their article: “National Fuel Gas Co’s (NFG) CEO Ron Tanski on Q3 2016 Results – Earnings Call …” with publication date: August 05, 2016.
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By Dolores Ford