National Fuel GasNFG.NValuation Analysis

As of Oct 16, 2026, National Fuel Gas (NFG.N) trades at a P/E of 11.20x, P/B of 1.94x, P/S of 3.03x, and a dividend yield of 2.06%.
Longitudinal percentile comparison: P/E sits at the 27th percentile over the trailing 10Y window (vs. 34th percentile over 3Y); P/B sits at the 32nd percentile over the trailing 10Y window (vs. 43rd percentile over 3Y); P/S sits at the 63rd percentile over the trailing 10Y window (vs. 49th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 33rd percentile within its industry and the 24th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.84%, ranking at the 34th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 4.2 points of each other — a consistent signal from both angles. The P/E percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Of the 2.84% total shareholder yield, 2.06% is paid out as dividends and roughly 0.78% is implied to come from buybacks — both channels are meaningfully in play. National Fuel Gas operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.