(NFG) National Fuel Gas - Ratings and Ratios

National Fuel Gas Company (NFG) is a diversified energy company with a strong presence in the natural gas sector. Operating through four distinct segments—Exploration and Production, Pipeline and Storage, Gathering, and Utility—the company has built a robust infrastructure to explore, produce, transport, and deliver natural gas across various regions.

The Exploration and Production segment is focused on discovering and developing natural gas and oil reserves. This segment is critical for ensuring a steady supply of energy resources, which not only fuels the company’s operations but also supports broader energy demands. By maintaining a balanced approach between exploration and production, NFG positions itself as a reliable player in the energy market.

The Pipeline and Storage segment operates an extensive network of gas pipelines and underground storage facilities, primarily serving Pennsylvania and New York. This infrastructure is vital for transporting and storing natural gas, ensuring a consistent energy supply to utilities, industrial users, and power generators. The strategic location of these assets makes NFG a key player in regional energy distribution.

The Gathering segment specializes in building and operating gathering facilities in the Appalachian region. These facilities are essential for collecting natural gas from production sites and transporting it to larger pipelines. By providing these services, NFG plays a crucial role in the Appalachian energy ecosystem, supporting the region’s growing natural gas production.

The Utility segment is the consumer-facing arm of the company, delivering natural gas to retail customers across Buffalo, Niagara Falls, Jamestown, Erie, and Sharon. This segment ensures that millions of households and businesses have access to reliable and affordable energy, making it a cornerstone of the company’s operations and a source of stable cash flow.

Headquartered in Williamsville, New York, National Fuel Gas Company has a long-standing history dating back to its incorporation in 1902. With a market capitalization of $6.538 billion and a forward P/E ratio of 10.64, the company offers investors a mix of stability and growth potential. Its price-to-book ratio of 2.36 and price-to-sales ratio