Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
National Fuel Gas Co paid$9 Mil more to buy back shares than it received from issuing new shares.
It spent$349 Mil paying down its debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$51 Mil paying cash dividends to shareholders.
It received$0 Mil on other financial activities.
In all, National Fuel Gas Cospent$408 Mil on financial activities for the
three
months ended in Mar. 2026.
National Fuel Gas Co (NYSE:NFG) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
National Fuel Gas Co's issuance of stock for the
three
months ended in Mar. 2026 was $-9 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
National Fuel Gas Co's repurchase of stock for the
three
months ended in Mar. 2026 was $-0 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
National Fuel Gas Co's net issuance of debt for the
three
months ended in Mar. 2026 was $-349 Mil.
National Fuel Gas Co spent$349 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
National Fuel Gas Co's net issuance of preferred for the
three
months ended in Mar. 2026 was $0 Mil.
National Fuel Gas Co paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
National Fuel Gas Co's cash flow for dividends for the
three
months ended in Mar. 2026 was $-51 Mil.
National Fuel Gas Co spent$51 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
National Fuel Gas Co's other financing for the
three
months ended in Mar. 2026 was $0 Mil.
National Fuel Gas Co received$0 Mil on other financial activities.
National Fuel Gas Co Cash Flow from Financing Related Terms
National Fuel Gas Co Cash Flow from Financing Historical Data
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The historical data trend for National Fuel Gas Co's Cash Flow from Financing 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 Cash Flow from Financing Chart
National Fuel Gas Co Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
National Fuel Gas Co's Cash from Financing for the fiscal year that ended in Sep. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-384 Mil.
* 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.
What does a Cash Flow from Financing of $-384 Mil mean?
National Fuel Gas Co (NFG) has a Cash Flow from Financing of $-384 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for National Fuel Gas Co and its competitors.
Is National Fuel Gas Co's Cash Flow from Financing too high?
National Fuel Gas Co's current Cash Flow from Financing is $-384 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 Cash Flow from Financing compare to DEC and UNTC?
National Fuel Gas Co's Cash Flow from Financing of $-384 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 Cash Flow from Financing for an Oil & Gas company?
A good Cash Flow from Financing depends on the Oil & Gas industry context. However, Cash Flow from Financing 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 Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for National Fuel Gas Co and its competitors. National Fuel Gas Co's current Cash Flow from Financing is $-384 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 $78.60, compared to a current price of $79.10 — trading 0.6% above its estimated fair value. The current Cash Flow from Financing is $-384 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 Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For National Fuel Gas Co (NFG), the current Cash Flow from Financing is $-384 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 $78.60.
GuruFocus considers National Fuel Gas Co to be Fairly Valued.
Key valuation signals for NFG:
Cash Flow from Financing: $-384 Mil
GF Value™: $78.60 vs. price of $79.10 (0.6% above fair value)
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 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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