National Fuel Gas Company
NFG Energy Oil & Gas Integrated
National Fuel Gas Company’s revenue for fiscal 2025 (year ended September 2025) was $2.3 billion, up 17.1% from fiscal 2024. In the quarter to June 2026, revenue grew 1.07%, EPS fell 12.1%, free cash flow fell 43.2% and total debt rose 33.0%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years.
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National Fuel Gas Company (NFG) EV/Sales
As of 9 October 2026, National Fuel Gas Company (NFG) trades at a EV/Sales of 4.0×. Over the past ten years it has ranged from 2.9× (December 2015) to 5.1× (September 2025); the current reading is higher than 39% of that period. That is above the Oil & Gas Integrated industry median of 1.6× and above the Energy sector median of 2.2×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 4.8× | 14.35% |
| FY2024 | 4.2× | 26.50% |
| FY2023 | 3.3× | (10.13%) |
| FY2022 | 3.7× | (13.55%) |
| FY2021 | 4.3× | 6.65% |
| FY2020 | 4.0× | 6.57% |
| FY2019 | 3.8× | (13.51%) |
| FY2018 | 4.4× | 2.71% |
| FY2017 | 4.3× | (5.51%) |
| FY2016 | 4.5× | 28.42% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 4.0× | (11.87%) |
| Mar 2026 | 4.5× | 10.27% |
| Dec 2025 | 4.1× | (15.49%) |
| Sep 2025 | 4.8× | 2.40% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| E Eni SpA compare | 1.0× |
| YPF YPF Sociedad Anonima compare | 1.3× |
| CVE Cenovus Energy Inc compare | 1.6× |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 1.9× |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 2.0× |
| DEC Diversified Energy Company PLC compare | 2.2× |
| EC Ecopetrol S.A. compare | 2.3× |
| TGS Transportadora De Gas Sa Ord B compare | 2.6× |
| NFG National Fuel Gas Company | 4.0× |
| Oil & Gas Integrated industry median | 1.6× |
| Energy sector median | 2.2× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)