NFG National Fuel GAS (NFG) Insider Trading, Ownership & Congress Trades
Utilities · Natural gas distribution · CIK 0000070145
SEC filings
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
353
13F, latest reported quarter
National Fuel GAS insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for NATIONAL FUEL GAS CO in the period covered. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Dec 14, 2021.
- The trade is 12.3% of the 81,519 shares held after it.
- 1 other insider sold within 30 days.
- 353 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President - NFG Dist. Corp. DeCarolis Donna L sold about $625.8K of NFG on Dec 5, 2024; 1 other insider sold within 30 days and 353 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Dec 16, 2021.
- The trade is 46.7% of the 41,841 shares held after it.
- 1 other insider sold within 30 days.
- 353 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Pres - Seneca Resources Loweth Justin I sold about $1.2M of NFG on Dec 2, 2024, the largest insider sale at the company since 2022; 1 other insider sold within 30 days and 353 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Jun 21, 2024.
- The trade is 20.7% of the 8,203 shares held after it.
- No other insider sold within 30 days.
- 353 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: General Counsel and Secretary Reville Michael W sold about $103.3K of NFG on Sep 25, 2024; 353 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on May 23, 2022.
- The trade is 19.9% of the 38,428 shares held after it.
- No other insider sold within 30 days.
- 353 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Operating Officer KRAEMER RONALD C sold about $448.8K of NFG on Aug 14, 2024, the largest insider sale at the company since 2022; 353 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Mar 27, 2024.
- The trade is 64.2% of the 9,903 shares held after it.
- No other insider sold within 30 days.
- 353 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: General Counsel and Secretary Reville Michael W sold about $348.6K of NFG on Jun 21, 2024, the largest insider sale at the company since 2022; 353 funds added in the latest 13F quarter.24 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
353 funds bought in last quarter
more than 67% of Utilities
Revenue
+30.0% year over year
more than 92% of Utilities
Margin
23.4% net margin
more than 89% of Utilities
Buybacks
$54.4M repurchased, FY to 2025-09-30
more than 63% of Utilities
Short interest
5.4% of the float short (float per yahoo 2026-10-26) · 4.4 days to cover · settled 2026-09-30
more than 73% of Utilities
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch NFG
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+1.4%12M
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns NFG: institutional holders (13F)
13F holdings, latest reported quarter
9,695,230 sh
$748.6M
8,030,342 sh
$620.0M
4,284,248 sh
$330.8M
4,198,608 sh
$326.5M
2,995,843 sh
$231.3M
Congress trades in NFG
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
NFG planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
NFG mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
The Gabelli Utilities Fund
$108.6M position · as of 2026-06-30
6.2%
Hennessy Energy Transition Fund
$751.7K position · as of 2026-07-31
4.8%
ICON EQUITY INCOME FUND
$2.0M position · as of 2026-06-30
4.6%
First Trust Utilities AlphaDEX Fund
$37.6M position · as of 2026-07-31
4.5%
ICON UTILITIES AND INCOME FUND
$1.0M position · as of 2026-06-30
4.3%
The Gabelli Value 25 Fund Inc.
$10.2M position · as of 2026-06-30
4.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
National Fuel Gas Company Federal Political Action Committee
Cycle 2026 · $156K spent
$171.5K
Federal Election Commission, matched by the PAC's connected organisation
Executive pay vs shareholder return · David P. Bauer
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$9.1M
$19.2M
$2.5M
+172%
n/a
2024
$8.7M
$8.2M
$4.6M
+74%
n/a
2023
$7.8M
$4.7M
$3.0M
+44%
n/a
2022
$6.5M
$9.3M
$3.2M
+64%
n/a
2021
$7.0M
$8.8M
$3.0M
+36%
n/a
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows 353 funds added last quarter. Each figure is a federal filing, dated the day it went public.
NFG financials
Revenue growth
+30.0%
XBRL, annual
Net margin
23.4%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$2.6B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM NFG
| FY Sep 2025 | $2.3B |
| FY Sep 2024 | $1.9B |
| FY Sep 2023 | n/a |
| FY Sep 2022 | $3.1B |
| FY Sep 2021 | $1.7B |
| Jun 2026 | $537.5M |
| Mar 2026 | $909.0M |
| Dec 2025 | $651.5M |
| Sep 2025 | $466.3M |
| Jun 2025 | $531.8M |
| Mar 2025 | $734.8M |
| Dec 2024 | $549.5M |
| Sep 2024 | $372.1M |
At each fiscal year end
Single quarter
Net margin, TTM
+26.3%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM NFG
| FY Sep 2025 | +22.7% |
| FY Sep 2024 | +4.0% |
| FY Sep 2023 | n/a |
| FY Sep 2022 | +18.5% |
| FY Sep 2021 | +20.9% |
| Jun 2026 | +25.8% |
| Mar 2026 | +27.2% |
| Dec 2025 | +27.9% |
| Sep 2025 | +23.0% |
| Jun 2025 | +28.2% |
| Mar 2025 | +29.4% |
| Dec 2024 | +8.2% |
| Sep 2024 | -45.1% |
At each fiscal year end
Single quarter
Free cash flow, TTM
$222.3M
operating cash flow minus capex, 2025-07-01 to 2026-06-30
Free cash flow, TTM NFG
| FY Sep 2025 | $187.2M |
| FY Sep 2024 | $134.7M |
| FY Sep 2023 | $227.2M |
| FY Sep 2022 | $695.0K |
| FY Sep 2021 | $39.8M |
| Jun 2026 | $111.0M |
| Mar 2026 | $161.7M |
| Dec 2025 | -$2.7M |
| Sep 2025 | -$47.8M |
| Jun 2025 | $195.3M |
| Mar 2025 | $59.9M |
| Dec 2024 | -$20.3M |
| Sep 2024 | -$49.1M |
At each fiscal year end
Single quarter
Debt to equity
0.91x
long-term 2026-06-30 plus current 2026-06-30; equity 2026-06-30
Debt to equity NFG
| FY Sep 2025 | 0.87x |
| FY Sep 2024 | n/a |
| FY Sep 2023 | n/a |
| FY Sep 2022 | n/a |
| FY Sep 2021 | 1.47x |
| Jun 2026 | 0.91x |
| Mar 2026 | 0.62x |
| Dec 2025 | 0.75x |
| Sep 2025 | 0.87x |
| Jun 2025 | 0.90x |
| Mar 2025 | 0.99x |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.36x
TTM operating cash flow over long-term 2026-06-30 plus current 2026-06-30
Cash flow to debt NFG
| FY Sep 2025 | 0.41x |
| FY Sep 2024 | 0.40x |
| FY Sep 2023 | 0.52x |
| FY Sep 2022 | 0.31x |
| FY Sep 2021 | 0.30x |
| Jun 2026 | 0.36x |
| Mar 2026 | 0.54x |
| Dec 2025 | 0.43x |
| Sep 2025 | 0.41x |
| Jun 2025 | 0.40x |
| Mar 2025 | 0.35x |
| Dec 2024 | 0.38x |
| Sep 2024 | 0.40x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+19.6%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity NFG
| FY Sep 2025 | +33.7% |
| FY Sep 2024 | n/a |
| FY Sep 2023 | n/a |
| FY Sep 2022 | +97.5% |
| FY Sep 2021 | +19.4% |
| Jun 2026 | +19.6% |
| Mar 2026 | +20.8% |
| Dec 2025 | +37.3% |
| Sep 2025 | +33.7% |
| Jun 2025 | +16.3% |
| Mar 2025 | +2.8% |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+7.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets NFG
| FY Sep 2025 | +6.1% |
| FY Sep 2024 | +0.9% |
| FY Sep 2023 | +5.9% |
| FY Sep 2022 | +7.4% |
| FY Sep 2021 | +5.0% |
| Jun 2026 | +7.1% |
| Mar 2026 | +7.8% |
| Dec 2025 | +7.5% |
| Sep 2025 | +6.1% |
| Jun 2025 | +2.9% |
| Mar 2025 | +0.5% |
| Dec 2024 | -0.1% |
| Sep 2024 | +0.9% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+11.8%
operating income after a 25.4% effective tax rate, over long-term 2026-06-30 plus current 2026-06-30 plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital NFG
| FY Sep 2025 | +14.5% |
| FY Sep 2024 | +7.1% |
| FY Sep 2023 | +28.2% |
| FY Sep 2022 | +21.3% |
| FY Sep 2021 | +10.9% |
| Jun 2026 | +11.8% |
| Mar 2026 | +13.6% |
| Dec 2025 | +17.5% |
| Sep 2025 | +14.5% |
| Jun 2025 | +8.2% |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | +7.1% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+11.6%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed NFG
| FY Sep 2025 | +10.8% |
| FY Sep 2024 | +2.9% |
| FY Sep 2023 | +11.2% |
| FY Sep 2022 | +13.4% |
| FY Sep 2021 | +10.1% |
| Jun 2026 | +11.6% |
| Mar 2026 | +13.3% |
| Dec 2025 | +13.3% |
| Sep 2025 | +10.8% |
| Jun 2025 | +5.6% |
| Mar 2025 | +2.0% |
| Dec 2024 | +1.2% |
| Sep 2024 | +2.9% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
11.36x
close 2026-10-26 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing NFG
| FY Sep 2025 | 16.29x |
| FY Sep 2024 | 72.15x |
| FY Sep 2023 | 10.04x |
| FY Sep 2022 | 10.01x |
| FY Sep 2021 | 13.23x |
| Jun 2026 | 10.74x |
| Mar 2026 | 12.73x |
| Dec 2025 | 11.18x |
| Sep 2025 | 16.29x |
| Jun 2025 | 31.49x |
| Mar 2025 | 172.15x |
| Dec 2024 | n/a |
| Sep 2024 | 72.15x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$10.1B
market value at close 2026-10-26 on 2026-07-29 shares, plus long-term 2026-06-30 plus current 2026-06-30, minus cash 2026-06-30
Enterprise value NFG
| FY Sep 2025 | $11.0B |
| FY Sep 2024 | $8.2B |
| FY Sep 2023 | $7.1B |
| FY Sep 2022 | $8.2B |
| FY Sep 2021 | $7.4B |
| Jun 2026 | $9.7B |
| Mar 2026 | $11.3B |
| Dec 2025 | $9.6B |
| Sep 2025 | $11.0B |
| Jun 2025 | $10.3B |
| Mar 2025 | $9.9B |
| Dec 2024 | $8.1B |
| Sep 2024 | $8.2B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
+2.9%
TTM free cash flow over market value at close 2026-10-26
FCF yield NFG
| FY Sep 2025 | +2.2% |
| FY Sep 2024 | +2.4% |
| FY Sep 2023 | +4.8% |
| FY Sep 2022 | +0.0% |
| FY Sep 2021 | +0.8% |
| Jun 2026 | +3.0% |
| Mar 2026 | +3.4% |
| Dec 2025 | +2.8% |
| Sep 2025 | +2.2% |
| Jun 2025 | +2.4% |
| Mar 2025 | +1.0% |
| Dec 2024 | +1.6% |
| Sep 2024 | +2.4% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
0.07x
P/E over trailing EPS growth of 167%: four quarters to 2026-06-30 against the four to 2025-06-30
PEG, trailing NFG
| FY Sep 2025 | 0.03x |
| FY Sep 2024 | n/a |
| FY Sep 2023 | n/a |
| FY Sep 2022 | 0.18x |
| FY Sep 2021 | n/a |
| Jun 2026 | 0.06x |
| Mar 2026 | 0.01x |
| Dec 2025 | n/a |
| Sep 2025 | 0.03x |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-09 | 2024-09 | 2023-09 | 2022-09 | |
|---|---|---|---|---|
| Revenue | $2.3B | $1.9B | $2.3B | $3.1B |
| Operating income | $813.5M | $209.7M | $755.1M | $814.5M |
| Net income | $518.5M | $77.5M | $476.9M | $566.0M |
| EPS (diluted) | 5.68 | 0.84 | 5.17 | 6.15 |
| Operating cash flow | $1.1B | $1.1B | $1.2B | $812.5M |
| Cash | $43.2M | $38.2M | $55.4M | $46.0M |
| Long-term debt | $2.4B | $2.2B | $2.4B | $2.1B |
| Buybacks | $54.4M | $64.1M | $0 | $0 |
| Dividends paid | $188.4M | $183.8M | $176.1M | $168.1M |
SEC XBRL, fiscal years, as known on 2026-10-28
NFG Stock Sonar score 5/7 axes
Find similar shapesCompareNFG ranks highest on profitability (92nd percentile) and growth (92nd), and lowest on risk and compliance (59th), among Utilities peers.
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
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