National Fuel Gas (NFG) Price to Book (2009 - 2026)
National Fuel Gas' (NFG) quarterly Price to Book came in at 1.87 in Q2 2026, down 27.3% year-over-year from 2.57 in Q2 2025, and down 19.9% quarter-over-quarter from 2.33 in Q1 2026.
Powered by 
Analysis
National Fuel Gas (NFG) Price to Book (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Price to Book across 18 years of filings, most recently posting 1.87 for Q2 2026.
- In Q2 2026, Price to Book fell 27.3% year-over-year to 1.87; the TTM figure through Jun 2026 stood at 1.87 (down 27.3% YoY), while the FY2025 annual figure was 2.7, up 39.31% from the prior year.
- Price to Book came in at 1.87 for Q2 2026 at National Fuel Gas, down from 2.33 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 68.59 in Q4 2023 to a low of 96.61 in Q1 2023.
- Average Price to Book over 5 years is 8.17, with a median of 2.06 recorded in 2024.
- The largest YoY upside for Price to Book was 446.76% in 2023 against a maximum downside of 3267.06% in 2023.
- Over 5 years, Price to Book stood at 19.78 in 2022, then surged by 446.76% to 68.59 in 2023, then sank by 97.09% to 2.0 in 2024, then increased by 6.15% to 2.12 in 2025, then slipped by 11.79% to 1.87 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 1.87 in Q2 2026, 2.33 in Q1 2026, and 2.12 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 | 1.87 |
| Mar 31, 2026 | 2.33 |
| Dec 31, 2025 | 2.12 |
| Sep 30, 2025 | 2.70 |
| Jun 30, 2025 | 2.57 |
| Mar 31, 2025 | 2.59 |
| Dec 31, 2024 | 2.00 |
| Sep 30, 2024 | 1.94 |
| Jun 30, 2024 | 1.59 |
| Mar 31, 2024 | 65.62 |
| Dec 31, 2023 | 68.59 |
| Sep 30, 2023 | -86.57 |
| Jun 30, 2023 | -95.48 |
| Mar 31, 2023 | -96.61 |
| Dec 31, 2022 | -19.78 |
| Sep 30, 2022 | -9.00 |
| Jun 30, 2022 | 3.01 |
| Mar 31, 2022 | 3.37 |
| Dec 31, 2021 | 2.77 |
| Sep 30, 2021 | 2.68 |
API Access
National Fuel Gas Price to Book 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=price-to-book&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();