National Fuel Gas (NFG) Q3 2026 Earnings Beat Despite Revenue Miss
As seen on the 24/7 Wall St. homepage on July 30, 2026.
National Fuel Gas beat earnings while revenue fell short as natural gas production declined 7%, but the company raised its dividend for the 56th straight year and aims for 7-10% average annual EPS growth through 2029 as its Ohio utility acquisition closes in October.
Continue ReadingShow less
National Fuel Gas reported Q3 2026 earnings per share of $1.54, topping the consensus estimate of roughly $1.44 by about 7%. Revenue came in at $537.5 million, however, falling nearly 5% short of the $564.3 million analysts had expected, with a 7% decline in natural gas production weighing on the top line. The EPS beat continues a strong recent trend — NFG has now exceeded estimates in five of the last six quarters, with the lone miss coming in Q3 2024.
Even as production slipped, management signaled confidence in the long-term outlook by raising the dividend for the 56th consecutive year, a streak that puts NFG among the most consistent dividend growers in the utility sector. The company also set a target of 7-10% average annual EPS growth through 2029, a range it expects to support as its Ohio utility acquisition is set to close in October.
Disclosure
1 INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA( www.finra.org )/SIPC( www.sipc.org ). 2 The probability of a member receiving $3,000 is 0.028%. If you don’t make a selection in 45 days, you’ll no longer qualify for the promo. Members must fund their account with a minimum of $50.00 to qualify. The probability percentage is subject to decrease. Members are only eligible for the Stock Award promotion upon opening their first brokerage account; subsequent cash brokerage accounts are ineligible for the promo, including for members with multiple accounts. 3Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. 4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.
SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $3,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now. (Sponsor)
That pending acquisition is the near-term catalyst most investors will be watching. Once it closes, the added regulated utility earnings could help offset the volatility in the production segment that contributed to the revenue shortfall this quarter.
Mentioned: NFG