National Fuel Gas (NFG) Dividend Coverage Ratio (2009 - 2026)
National Fuel Gas' (NFG) quarterly Dividend Coverage Ratio came in at 2.73 in Q2 2026, down 15.27% year-over-year from 3.22 in Q2 2025, and down 44.04% quarter-over-quarter from 4.87 in Q1 2026.
Powered by 
Analysis
National Fuel Gas (NFG) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Dividend Coverage Ratio across 18 years of filings, most recently posting 2.73 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio fell 15.27% year-over-year to 2.73; the TTM figure through Jun 2026 stood at 3.4 (up 161.79% YoY), while the FY2025 annual figure was 2.75, up 552.45% from the prior year.
- Dividend Coverage Ratio came in at 2.73 for Q2 2026 at National Fuel Gas, down from 4.87 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 4.87 in Q1 2026 to a low of 3.55 in Q3 2024.
- Average Dividend Coverage Ratio over 5 years is 2.52, with a median of 3.07 recorded in 2023.
- Year-over-year, Dividend Coverage Ratio tumbled 319.09% in 2024 and soared 370.73% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 3.91 in 2022, then declined by 25.06% to 2.93 in 2023, then slumped by 67.21% to 0.96 in 2024, then jumped by 291.41% to 3.76 in 2025, then decreased by 27.42% to 2.73 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 2.73 in Q2 2026, 4.87 in Q1 2026, and 3.76 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 3.84 |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 3.69 |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 5.04 |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 6.61 |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 4.49 |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 3.78 |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 5.83 |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 5.43 |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 8.49 |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn | 2.73 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.73 |
| Mar 31, 2026 | 4.87 |
| Dec 31, 2025 | 3.76 |
| Sep 30, 2025 | 2.22 |
| Jun 30, 2025 | 3.22 |
| Mar 31, 2025 | 4.64 |
| Dec 31, 2024 | 0.96 |
| Sep 30, 2024 | -3.55 |
| Jun 30, 2024 | -1.19 |
| Mar 31, 2024 | 3.65 |
| Dec 31, 2023 | 2.93 |
| Sep 30, 2023 | 1.62 |
| Jun 30, 2023 | 2.12 |
| Mar 31, 2023 | 3.23 |
| Dec 31, 2022 | 3.91 |
| Sep 30, 2022 | 3.64 |
| Jun 30, 2022 | 2.60 |
| Mar 31, 2022 | 4.02 |
| Dec 31, 2021 | 3.19 |
| Sep 30, 2021 | 2.10 |
API Access
National Fuel Gas Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();