NFG (National Fuel Gas Co) Beginning Cash Position: $271 Mil (As of Mar. 2026)


NFG National Fuel Gas Co NFG
86 GF Score
Price $79.10
GF Value $78.59
Valuation Fairly Valued
! 1 Warning Sign
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What is National Fuel Gas Co Beginning Cash Position?

National Fuel Gas Co NFG +0.10% 86 Beginning Cash Position is $271 Mil as of Mar. 2026. GuruFocus rates NFG with a GF Score™ of 86/100 and a GF Value™ of $78.59 (Fairly Valued). The stock has 1 warning sign investors should review.

National Fuel Gas Co's Beginning Cash Position for the quarter that ended in Mar. 2026 was $271 Mil.

National Fuel Gas Co's quarterly Beginning Cash Position increased from Sep. 2025 ($39 Mil) to Dec. 2025 ($43 Mil) and increased from Dec. 2025 ($43 Mil) to Mar. 2026 ($271 Mil).

National Fuel Gas Co's annual Beginning Cash Position declined from Sep. 2023 ($138 Mil) to Sep. 2024 ($55 Mil) and declined from Sep. 2024 ($55 Mil) to Sep. 2025 ($38 Mil).

National Fuel Gas Co Beginning Cash Position Related Terms

National Fuel Gas Co Beginning Cash Position Historical Data

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The historical data trend for National Fuel Gas Co's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

National Fuel Gas Co Beginning Cash Position Chart

National Fuel Gas Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.54 120.14 137.72 55.45 38.22

National Fuel Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.69 91.31 39.32 43.17 271.40
NFG
86GF Score
National Fuel Gas Co NFG
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fuel Gas Co Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $271 Mil mean?
National Fuel Gas Co (NFG) has a Beginning Cash Position of $271 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on National Fuel Gas Co and its competitors.
Is National Fuel Gas Co's Beginning Cash Position too high?
National Fuel Gas Co's current Beginning Cash Position is $271 Mil. Overall, National Fuel Gas Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fuel Gas Co's Beginning Cash Position compare to DEC and UNTC?
National Fuel Gas Co's Beginning Cash Position of $271 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on National Fuel Gas Co and its competitors. National Fuel Gas Co's current Beginning Cash Position is $271 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fuel Gas Co stock overvalued right now?
Based on GuruFocus' analysis, National Fuel Gas Co (NFG) is currently considered Fairly Valued. The stock's GF Value™ is $78.59, compared to a current price of $79.10 — trading 0.6% above its estimated fair value. The current Beginning Cash Position is $271 Mil. National Fuel Gas Co's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For National Fuel Gas Co (NFG), the current Beginning Cash Position is $271 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Fuel Gas Co (NFG) Overvalued in 2026?

Based on GuruFocus' analysis, National Fuel Gas Co stock appears to be overvalued. The current stock price of $79.10 is trading 0.6% above its estimated GF Value™ of $78.59. GuruFocus considers National Fuel Gas Co to be Fairly Valued.

Key valuation signals for NFG:

  • Beginning Cash Position: $271 Mil
  • GF Value™: $78.59 vs. price of $79.10 (0.6% above fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the NFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

National Fuel Gas Co Business Description

Industry EnergyOil & Gas
Other Exchanges NFG:MexicoNFG:Germany
Address 6363 Main Street, Williamsville, NY, USA, 14221
National Fuel Gas Co is a diversified energy company involved in natural gas production, gathering, transportation, distribution, and marketing. It operates through three segments: Integrated Upstream and Gathering, Pipeline and Storage, and Utility. The majority of revenue comes from the Integrated Upstream and Gathering segment, which focuses on Seneca's natural gas exploration and development in the Appalachian region and Midstream operations supporting gas processing and gathering. The Pipeline and Storage segment transports and stores natural gas for customers in the northeastern United States and Canada, while the Utility segment supplies natural gas to retail customers in western New York and northwestern Pennsylvania. the company opeartes in United States.
86GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.10
Price
$78.59
GF Value