Back to top

Image: Bigstock

Compared to Estimates, National Fuel Gas (NFG) Q3 Earnings: A Look at Key Metrics

Read MoreHide Full Article

For the quarter ended June 2025, National Fuel Gas (NFG - Free Report) reported revenue of $531.83 million, up 27.4% over the same period last year. EPS came in at $1.64, compared to $0.99 in the year-ago quarter.

The reported revenue represents a surprise of -13.82% over the Zacks Consensus Estimate of $617.15 million. With the consensus EPS estimate being $1.50, the EPS surprise was +9.33%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how National Fuel Gas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Production: 111,588.00 MMcfe compared to the 109,269.00 MMcfe average estimate based on two analysts.
  • Total Production - Gas: 111,588.00 MMcf versus 109,269.00 MMcf estimated by two analysts on average.
  • Total Operating Revenues- Pipeline and Storage: $70.5 million compared to the $106.61 million average estimate based on two analysts. The reported number represents a change of -33.1% year over year.
  • Total Operating Revenues- Gathering: $157.52 million versus $66.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +162% change.
  • Total Operating Revenues- Utility: $157.45 million versus the two-analyst average estimate of $146.55 million. The reported number represents a year-over-year change of +26%.
  • Intersegment Revenues- Gathering: $65.35 million compared to the $65.2 million average estimate based on two analysts. The reported number represents a change of +15.7% year over year.
  • Revenue from External Customers- Pipeline and Storage: $67.98 million compared to the $67.36 million average estimate based on two analysts. The reported number represents a change of -0.1% year over year.
  • Revenue from External Customers- Utility: $157.45 million versus the two-analyst average estimate of $146.51 million. The reported number represents a year-over-year change of +26.1%.
  • Intersegment Revenues- Pipeline and Storage: $37.6 million versus $39.26 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.6% change.
  • Revenue from External Customers- Exploration and Production: $303.88 million versus the two-analyst average estimate of $302.12 million. The reported number represents a year-over-year change of +37.6%.

View all Key Company Metrics for National Fuel Gas here>>>

Shares of National Fuel Gas have returned +4.6% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


National Fuel Gas Company (NFG) - free report >>

Published in