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) P/E ratio
As of 9 October 2026, National Fuel Gas Company (NFG) trades at a P/E ratio of 10.8×. Over the past ten years it has ranged from 0.0× (March 2025) to 187× (June 2025); the current reading is higher than 37% of that period. That is below the Oil & Gas Integrated industry median of 11.7× and below the Energy sector median of 14.0×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 16.1× | (77.96%) |
| FY2024 | 73.0× | 650.78% |
| FY2023 | 9.7× | (2.18%) |
| FY2022 | 9.9× | (24.65%) |
| FY2021 | 13.2× | — |
| FY2020 | 0.0× | — |
| FY2019 | 13.3× | 8.06% |
| FY2018 | 12.3× | (28.83%) |
| FY2017 | 17.3× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 10.6× | (15.56%) |
| Mar 2026 | 12.6× | 13.90% |
| Dec 2025 | 11.1× | (31.19%) |
| Sep 2025 | 16.1× | (48.52%) |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| DEC Diversified Energy Company PLC compare | 1.2× |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 5.7× |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 6.4× |
| NFG National Fuel Gas Company | 10.8× |
| TGS Transportadora De Gas Sa Ord B compare | 11.6× |
| CVE Cenovus Energy Inc compare | 12.0× |
| EC Ecopetrol S.A. compare | 13.4× |
| E Eni SpA compare | 14.1× |
| YPF YPF Sociedad Anonima compare | 26.3× |
| Oil & Gas Integrated industry median | 11.7× |
| Energy sector median | 14.0× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)