Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for National Fuel Gas Co (NYSE: NFG) improved during the last several trading days. NFG’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 7/29/24, National Fuel Gas Co (NYSE: NFG) stock rose slightly by 0.2%, closing at $58.05. Trading volume in this advance was normal. Relative to the market the stock has been strong over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NFG is expected to continue to be an important Value Builder.
National Fuel Gas has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. National Fuel Gas has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 63, and the Positive Value Trend Rating results.
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