Raymond James has reiterated its “Market Perform” rating on National Fuel Gas (NYSE:NFG), citing the company’s strong financial health and conservative business model. The firm maintained its fiscal year 2026 guidance, boosted by regulated business segments offsetting upstream volatility and a solid 2.5% dividend yield, paid for 55 consecutive years. Although Q2 production is expected to be slightly lower, subsequent quarters are projected to see increases, with Raymond James’s earnings estimate for NFG exceeding the Street’s consensus.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Raymond James reiterates Market Perform rating on National Fuel Gas stock
Raymond James has reiterated its “Market Perform” rating on National Fuel Gas (NYSE:NFG), citing the company’s strong financial health and conservative business model. The firm maintained its fiscal year 2026 guidance, boosted by regulated business segments offsetting upstream volatility and a solid 2.5% dividend yield, paid for 55 consecutive years. Although Q2 production is expected to be slightly lower, subsequent quarters are projected to see increases, with Raymond James’s earnings estimate for NFG exceeding the Street’s consensus.