National Fuel Gas (NFG) Debt to Equity (2010 - 2026)
National Fuel Gas (NFG) posted Debt to Equity of $0.62 for Q1 2026, down 98.68% sequentially from $47.07 in Q4 2025, and down 57.64% YoY from $1.47 in Q1 2025.
National Fuel Gas (NFG) Debt to Equity (2010 - 2026) Analysis & Trends
National Fuel Gas (NFG) has 17 years of Debt to Equity data on file, last reported at $0.62 in Q1 2026.
- Quarterly Debt to Equity fell 57.64% year-over-year to $0.62 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.62 (down 57.64% YoY) and the FY2025 annual result came in at $0.82, up 102.17% from the prior year.
- Debt to Equity eased to $0.62 in Q1 2026 per NFG's latest filing, from $47.07 in the prior quarter.
- The five-year high for Debt to Equity was $47.07 in Q4 2025, with the low at -$48.27 in Q2 2023.
- Average Debt to Equity over 5 years is -$7.8, with a median of $0.82 recorded in 2025.
- Year-over-year, Debt to Equity tumbled 3775.8% in 2023 and surged 233.29% in 2025.
- National Fuel Gas' Debt to Equity stood at -$8.45 in 2022, then surged by 116.1% to $1.36 in 2023, then sank by 2694.96% to -$35.32 in 2024, then surged by 233.29% to $47.07 in 2025, then tumbled by 98.68% to $0.62 in 2026.
- Business Quant data shows NFG's Debt to Equity at $0.62 in Q1 2026, $47.07 in Q4 2025, and $0.82 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 1.13 |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | - |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 0.52 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 0.03 |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | - |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 0.62 |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 3.88 |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | 0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 47.07 |
| Sep 30, 2025 | 0.82 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 1.47 |
| Dec 31, 2024 | -35.32 |
| Sep 30, 2024 | -37.72 |
| Jun 30, 2024 | -44.19 |
| Mar 31, 2024 | 28.96 |
| Dec 31, 2023 | 1.36 |
| Sep 30, 2023 | 1.26 |
| Jun 30, 2023 | -48.27 |
| Mar 31, 2023 | -45.48 |
| Dec 31, 2022 | -8.45 |
| Sep 30, 2022 | 1.66 |
| Jun 30, 2022 | 1.31 |
| Mar 31, 2022 | 1.41 |
| Dec 31, 2021 | 1.32 |
| Sep 30, 2021 | 2.58 |
| Jun 30, 2021 | 1.31 |