National Fuel Gas Q4 Earnings Lag Estimates, Sales Increase Y/Y

Zacks11-07

National Fuel Gas Company NFG reported fourth-quarter fiscal 2024 adjusted operating earnings of 77 cents per share, which missed the Zacks Consensus Estimate of 83 cents by 7.2%. The bottom line also...

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The bottom line also...</p>\n\n<a href=\"https://finance.yahoo.com/news/national-fuel-gas-q4-earnings-155200268.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>National Fuel Gas Q4 Earnings Lag Estimates, Sales Increase Y/Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNational Fuel Gas Q4 Earnings Lag Estimates, Sales Increase Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-07 23:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/national-fuel-gas-q4-earnings-155200268.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>National Fuel Gas Company NFG reported fourth-quarter fiscal 2024 adjusted operating earnings of 77 cents per share, which missed the Zacks Consensus Estimate of 83 cents by 7.2%. The bottom line also...</p>\n\n<a href=\"https://finance.yahoo.com/news/national-fuel-gas-q4-earnings-155200268.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NJR","symbol_name":"新泽西能源","start_time":0,"source_url":"https://finance.yahoo.com/news/national-fuel-gas-q4-earnings-155200268.html","article_id":"2481021193","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/OdaYMjGqoYRNyDLXiLdTEw--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ebb8b8a767e89fdab119b9ddef47f7b2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481021193","pubTimestamp":1730994720,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"National Fuel Gas Company NFG reported fourth-quarter fiscal 2024 adjusted operating earnings of 77 cents per share, which missed the Zacks Consensus Estimate of 83 cents by 7.2%. The bottom line also decreased 1.3% from the year-ago quarter’s reported figure of 78 cents.NFG reported fiscal 2024 earnings of $5.01 per share compared with $5.17 in fiscal 2023, reflecting a year-over-year decrease of 3.1%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.NFG reported sales of $372.1 million, which missed the Zacks Consensus Estimate of $482 million by 22.9%. However, the top line rose 0.8% from the prior-year recorded figure of $368.9 million.NFG reported total revenues of $1.94 billion in fiscal 2024 compared with $2.17 billion in fiscal 2023, highlighting a year-over-year decrease of 10.5%.National Fuel Gas Company Price, Consensus and EPS Surprise. National Fuel Gas Company price-consensus-eps-surprise-chart | National Fuel Gas Company Quote. National Fuel Gas cu","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NJR":"新泽西能源","NFG":"National Fuel Gas Co"},"translate_title":"全国燃料气第四季度盈利滞后估计，销售增长和/或","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NFG":1,"NJR":0.9},"content_text":"National Fuel Gas Company NFG reported fourth-quarter fiscal 2024 adjusted operating earnings of 77 cents per share, which missed the Zacks Consensus Estimate of 83 cents by 7.2%. The bottom line also decreased 1.3% from the year-ago quarter’s reported figure of 78 cents.NFG reported fiscal 2024 earnings of $5.01 per share compared with $5.17 in fiscal 2023, reflecting a year-over-year decrease of 3.1%.\nStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nNFG’s Total Revenues \nNFG reported sales of $372.1 million, which missed the Zacks Consensus Estimate of $482 million by 22.9%. However, the top line rose 0.8% from the prior-year recorded figure of $368.9 million.NFG reported total revenues of $1.94 billion in fiscal 2024 compared with $2.17 billion in fiscal 2023, highlighting a year-over-year decrease of 10.5%.\n\nNational Fuel Gas Company Price, Consensus and EPS Surprise\n  \nNational Fuel Gas Company price-consensus-eps-surprise-chart | National Fuel Gas Company Quote\n\nNFG’s Segmental Revenues \nUtility: Revenues in the fourth quarter of fiscal 2024 totaled $79.8 million, up 1.2% from $78.9 million in the year-ago quarter.Pipeline and Storage and Gathering: Revenues amounted to $70.7 million, reflecting a 1.4% increase from $69.7 million in the year-ago quarter.Exploration and Production and Other Revenues: Revenues in the fourth quarter of fiscal 2024 totaled $221.5 million, up 0.5% from $220.4 million in the year-ago quarter.\nHighlights of NFG’s Q4 Release \nTotal operating expenses increased 133.4% to $568.6 million year over year. This was due to higher operation and maintenance expenses.The operating loss was $196.6 million against an income of $125.3 million in the year-ago quarter.Interest expenses totaled $33 million, up 16% from the year-ago figure of $28.5 million.The Exploration & Production segment produced 91.9 billion cubic feet (Bcf) of natural gas, down 2% year over year. The company voluntarily curtailed 1.5 Bcf of production due to low in-basin pricing during the quarter.\nNFG’s Financial Highlights \nAs of Sept. 30, 2024, National Fuel Gas had cash and temporary cash investments of $38.2 million compared with $55.4 million as of Sept. 30, 2023.Net cash provided by operating activities for fiscal 2024 totaled $1.07 billion compared with $1.24 billion in the year-ago period.Total capital expenditures in fiscal 2024 totaled $0.93 billion compared with $1.01 billion in fiscal 2023.\nNFG’s Guidance \nNFG updated its fiscal 2025 earnings projection to the range of $5.50-$6.00 per share from the previously anticipated $5.75-$6.25 range. The Zacks Consensus Estimate is pegged at $5.69 per share.The company still expects its capital expenditure for fiscal 2025 to be in the range of $885-970 million. It expects production volume in the band of 400-420 Bcf for the same year.\nNFG’s Zacks Rank \nNational Fuel Gas currently has a Zacks Rank #5 (Strong Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nAn Upcoming Release \nNewJersey Resources NJR is scheduled to report fiscal fourth-quarter results on Nov. 25 after market close. The Zacks Consensus Estimate for earnings is pegged at 89 cents per share, which indicates a year-over-year improvement of 196.7%.The Zacks Consensus Estimate for sales is pegged at $407 million, which calls for a year-over-year improvement of 22.8%.\nRecent Releases \nSouthwest Gas Holdings Inc. SWX recorded third-quarter 2024 operating earnings of 9 cents per share, which beat the Zacks Consensus Estimate of 7 cents by 28.6%. However, the bottom line decreased 47.1% from the year-ago quarter’s 17 cents.Operating revenues totaled $1.08 billion, which missed the Zacks Consensus Estimate of $1.13 billion by 4.8%. The top line decreased 7.7% from $1.17 billion reported in the prior-year quarter.ONE Gas, Inc. OGS reported third-quarter 2024 operating earnings per share (EPS) of 34 cents, which lagged the Zacks Consensus Estimate of 41 cents by 17.1%. The figure also came in 24.4% lower than the year-ago quarter’s earnings of 45 cents per share.ONE Gas recorded revenues of $340.4 million, which missed the Zacks Consensus Estimate of $363 million by 6.3%. However, the top line increased 1.4% from $335.8 million in the prior-year quarter.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nSouthwest Gas Corporation (SWX) : Free Stock Analysis Report\nNational Fuel Gas Company (NFG) : Free Stock Analysis Report\nNewJersey Resources Corporation (NJR) : Free Stock Analysis Report\nONE Gas, Inc. (OGS) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481021193"}