NYSE · Energy · Oil & Gas Integrated · USA
National Fuel Gas Co is a mid cap company (market value between $2 billion and $10 billion) in the Oil & Gas Integrated industry.
National Fuel Gas Co explores for and extracts natural gas from Appalachian shale formations while also gathering the fuel. The company operates integrated pipeline networks that move and hold gas for customers throughout the eastern United States and Canada, and supplies natural gas to retail customers in western New York and northwestern Pennsylvania.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the National Fuel Gas Co stock.
Slightly undervalued: intrinsic value $94.31 per share, market price $79.85, margin of safety 15.3% (as of 2026-10-20).
Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $94.31; the price of $79.85 is 15% below that value, and 83% of that value comes from beyond year five.
Leak Score: 57/100 on 12 of 12 signals (Weak Signal).
17 more funds hold it; the full list is part of the paid plan.
All 20 Oil & Gas Integrated stocks
1 more in this industry show a wider margin of safety.
NFG is slightly undervalued (as of the 2026-10-20 close). Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $94.31; the price of $79.85 is 15% below that value, and 83% of that value comes from beyond year five.
$94.31 per share (as of the 2026-10-20 close), against a market price of $79.85. That is a margin of safety of 15.3%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
57 out of 100, which we rate "Weak Signal", on 12 of 12 value investing signals.