National Fuel Gas (NFG) Enterprise Value (2009 - 2026)
National Fuel Gas' (NFG) quarterly Enterprise Value came in at $6.1 billion in Q2 2026, down 19.86% year-over-year from $7.6 billion in Q2 2025, and down 31.45% quarter-over-quarter from $8.9 billion in Q1 2026.
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Analysis
National Fuel Gas (NFG) Enterprise Value (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Enterprise Value across 18 years of filings, most recently posting $6.1 billion for Q2 2026.
- In Q2 2026, Enterprise Value fell 19.86% year-over-year to $6.1 billion; the TTM figure through Jun 2026 stood at $6.1 billion (down 19.86% YoY), while the FY2025 annual figure was $8.3 billion, up 51.62% from the prior year.
- Enterprise Value came in at $6.1 billion for Q2 2026 at National Fuel Gas, down from $8.9 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of $8.9 billion in Q1 2026 to a low of $4.6 billion in Q4 2023.
- Average Enterprise Value over 5 years is $6.0 billion, with a median of $5.5 billion recorded in 2022.
- Year-over-year, Enterprise Value surged 55.94% in 2025 and declined 19.86% in 2026.
- Over 5 years, Enterprise Value stood at $5.6 billion in 2022, then decreased by 17.69% to $4.6 billion in 2023, then increased by 19.0% to $5.4 billion in 2024, then surged by 34.61% to $7.3 billion in 2025, then decreased by 16.81% to $6.1 billion in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $6.1 billion in Q2 2026, $8.9 billion in Q1 2026, and $7.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.10 Bn |
| Mar 31, 2026 | 8.90 Bn |
| Dec 31, 2025 | 7.34 Bn |
| Sep 30, 2025 | 8.31 Bn |
| Jun 30, 2025 | 7.61 Bn |
| Mar 31, 2025 | 7.12 Bn |
| Dec 31, 2024 | 5.45 Bn |
| Sep 30, 2024 | 5.48 Bn |
| Jun 30, 2024 | 4.88 Bn |
| Mar 31, 2024 | 4.89 Bn |
| Dec 31, 2023 | 4.58 Bn |
| Sep 30, 2023 | 4.71 Bn |
| Jun 30, 2023 | 4.66 Bn |
| Mar 31, 2023 | 5.23 Bn |
| Dec 31, 2022 | 5.56 Bn |
| Sep 30, 2022 | 5.49 Bn |
| Jun 30, 2022 | 5.45 Bn |
| Mar 31, 2022 | 6.13 Bn |
| Dec 31, 2021 | 5.77 Bn |
| Sep 30, 2021 | 4.67 Bn |
API Access
National Fuel Gas Enterprise Value 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=enterprise-value&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();