NFG (National Fuel Gas Co) Financial Strength: 5 (As of Jun. 2026) — 25% Above Median

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NFG National Fuel Gas Co NFG
86 GF Score
Price $81.92
GF Value $79.95
Valuation Fairly Valued
! 2 Warning Signs
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What is National Fuel Gas Co Financial Strength?

National Fuel Gas Co NFG +0.50% 86 Financial Strength is 5 as of Jun. 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates NFG with a GF Score™ of 86/100 and a GF Value™ of $79.95 (Fairly Valued). The stock has 2 warning signs investors should review.

National Fuel Gas Co has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

National Fuel Gas Co's Interest Coverage for the quarter that ended in Jun. 2026 was 5.80. National Fuel Gas Co's debt to revenue ratio for the quarter that ended in Jun. 2026 was 1.66. As of today, National Fuel Gas Co's Altman Z-Score is 1.74.


National Fuel Gas Co  (NYSE:NFG) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

National Fuel Gas Co has the Financial Strength Rank of 5.


National Fuel Gas Co Financial Strength Related Terms


NFG vs DEC, SLNG, SKYQ: Financial Strength Comparison

For the Oil & Gas Integrated subindustry, National Fuel Gas Co's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Fuel Gas Co Financial Strength vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Fuel Gas Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where National Fuel Gas Co's Financial Strength falls into.


NFG
86GF Score
National Fuel Gas Co NFG
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fuel Gas Co Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

National Fuel Gas Co's Interest Expense for the months ended in Jun. 2026 was $-36 Mil. Its Operating Income for the months ended in Jun. 2026 was $209 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3,567 Mil.

National Fuel Gas Co's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*208.94/-36.012
=5.80

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

National Fuel Gas Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 3567.401) / 2149.988
=1.66

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

National Fuel Gas Co has a Z-score of 1.74, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.74 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 5 mean?
National Fuel Gas Co (NFG) has a Financial Strength of 5 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on National Fuel Gas Co and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, National Fuel Gas Co's Financial Strength has ranged from 3.00 to 5.00.
Is National Fuel Gas Co's Financial Strength too high?
National Fuel Gas Co's current Financial Strength of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 5.00. 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 Financial Strength compare to DEC and SLNG?
National Fuel Gas Co's Financial Strength of 5 can be compared against companies in the Oil & Gas industry. Historically, National Fuel Gas Co's own Financial Strength has ranged from 3.00 to 5.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Oil & Gas company?
A good Financial Strength depends on the Oil & Gas industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on National Fuel Gas Co and its competitors. National Fuel Gas Co's current Financial Strength is 5, which is 25% above median its own 10-year median of 4.00. 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 $79.95, compared to a current price of $81.92 — trading 2.5% above its estimated fair value. The current Financial Strength is 5, which is 25% above median its 10-year median of 4.00. National Fuel Gas Co's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For National Fuel Gas Co (NFG), the current Financial Strength is 5 as of Jun. 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 $81.92 is trading 2.5% above its estimated GF Value™ of $79.95. GuruFocus considers National Fuel Gas Co to be Fairly Valued.

Key valuation signals for NFG:

  • Financial Strength: 5 (25% above median its 10-year median of 4.00)
  • GF Value™: $79.95 vs. price of $81.92 (2.5% above fair value)
  • GF Score™: 86/100 with 2 warning signs

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

Get the complete analysis for NFG

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

$81.92
Price
$79.95
GF Value