J.P. Morgan analyst Zach Parham maintained a Hold rating on National Fuel Gas Company (NYSE:NFG) on Tuesday, setting a price target of $63, which is approximately 0.74% above the present share price of $62.54.
Parham expects National Fuel Gas Company to post earnings per share (EPS) of $0.95 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in National Fuel Gas Company, with an average price target of $66.
The analysts price targets range from a high of $69 to a low of $63.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $355.99 million and a net profit of $132.27 million. The company's market cap is $5.7 billion.
According to TipRanks.com, J.P. Morgan analyst Zach Parham is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -2.2% and a 51.52% success rate.
National Fuel Gas Co. is a holding company, which engages in the production, gathering, transportation, distribution, and marketing of natural gas. It operates through the following segments: Exploration and Production; Pipeline and Storage; Gathering; Utility; and Energy Marketing. The Exploration and Production segment handles the exploration for and the development of natural gas and oil reserves in California and in the Appalachian region of the United States. The Pipeline and Storage segment transports and stores natural gas for utilities, natural gas marketers, exploration and production companies, and pipeline companies in the northeastern United States markets. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region. The Utility segment sells natural gas to retail customers and provides natural gas transportation services in western New York and northwestern Pennsylvania. The Energy Marketing segment markets natural gas to industrial, wholesale, commercial, public authority and residential customers. The company was founded on December 8, 1902 and is headquartered in Williamsville, NY.