NFG Stock Fair Value Calculation – Citigroup Invests $1.49 Million in National Fuel Gas Stock
December 17, 2023
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National Fuel Gas ($NYSE:NFG) Co., commonly known as National Fuel, is a diversified energy company based in the United States. It is engaged in the production, transportation, storage and distribution of natural gas and petroleum products. In recent news, Citigroup Inc. has invested $1.49 million in the company’s stock holdings. Citigroup is one of the world’s largest financial institutions. Their purchase of National Fuel Gas stock shows their confidence in the company’s prospects and will likely help to further drive up the share price. National Fuel Gas is currently traded on the New York Stock Exchange under the ticker symbol NFG.
The company has been offering energy services for over a century, and its subsidiaries provide natural gas and oil services throughout the country. They also offer retail and wholesale energy services, natural gas storage, and other related services. National Fuel Gas has been an integral part of many communities in the United States. They are committed to providing reliable, clean, and affordable energy for their customers. With Citigroup’s investment, they are likely to become even more successful in the future.
Price History
On Monday, Citigroup Inc. invested $1.49 million in National Fuel Gas stock, causing the stock to open at $50.4 and close at $50.8, an increase of 0.2% from its prior closing price of $50.7. The investment is expected to help National Fuel Gas to achieve its goals of increasing production and developing new infrastructure projects. It is also likely to benefit the company’s financials by providing a steady stream of income.
With this new investment, National Fuel Gas is now better positioned to meet the increasing demand for energy in the United States. This move by Citigroup Inc. is part of its strategy to diversify its portfolio and invest in more sustainable sources of energy. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NFG. More…
| Total Revenues | Net Income | Net Margin |
| 2.17k | 476.87 | 21.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NFG. More…
| Operations | Investing | Financing |
| 1.24k | -1.11k | -207 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NFG. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.28k | 5.32k | 32.27 |
Key Ratios Snapshot
Some of the financial key ratios for NFG are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.0% | 16.4% | 35.6% |
| FCF Margin | ROE | ROA |
| 10.5% | 16.4% | 5.8% |
Analysis – NFG Stock Fair Value Calculation
At GoodWhale, we conducted an analysis of NATIONAL FUEL GAS’s financials and have concluded that the intrinsic value of their share is around $61.9. This value was determined by our proprietary Valuation Line. This presents an attractive opportunity for investors to purchase the stock at a discount. More…
Peers
The company’s main business is natural gas and crude oil production, transportation and sale. The company operates in the United States, Canada and Argentina. National Fuel Gas Co’s main competitors are Transportadora de Gas del Sur SA, Oasis Petroleum Inc, YPF SA.
– Transportadora de Gas del Sur SA ($NYSE:TGS)
Transportadora de Gas del Sur SA is a gas transportation and distribution company operating in Argentina. The company’s market cap as of 2022 is 1.35B and its ROE is 10.03%. The company is engaged in the transportation and distribution of natural gas to industrial, commercial and residential customers in Argentina.
– Oasis Petroleum Inc ($NASDAQ:OAS)
Petróleos de Venezuela, S.A. (PDVSA) is a Venezuelan state-owned oil and natural gas company. It was created in 1976 from the nationalization of the Venezuelan oil industry. It is headquartered in Caracas and its operations are primarily focused on Venezuela’s Orinoco Belt region. The company has the largest proven reserves of crude oil in the world and is the largest producer of oil in South America.
PDVSA is a vertically integrated company that engages in all aspects of the oil and gas industry, including exploration and production, refining, marketing, and transportation. The company also has significant stakes in a number of joint ventures, most notably with Chevron, ExxonMobil, and Total.
PDVSA has a market cap of $2.94 billion as of 2022 and a return on equity of 22.79%. The company is the largest producer of oil in South America and has the largest proven reserves of crude oil in the world.
Summary
National Fuel Gas (NFG) is an attractive investment for those looking to diversify their portfolios. According to recent data, Citigroup Inc. holds 1.49 Million in stocks of NFG, indicating a strong confidence from the financial sector in this company’s performance. NFG is a diversified energy company with operations ranging from natural gas exploration and development, to pipeline and storage, to utility and energy services.
NFG is well-positioned for long-term growth, making it a good option for investors looking for a stable and reliable stock. Analysts expect steady growth, dividends, and low volatility in the near future.
