Is it safe?
Can NFG take a bad year?
National Fuel Gas Company carries $2.40B of net debt at 1.59× EBITDA: a load its earnings can carry.
$2.40B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.59×
Net debt / EBITDA · 4.85× a year ago · the load is coming down
- Altman Z-score
- 1.60
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 0.63×
Debt / equity
Details›
- Total debtQ2 2026
- $2.43B
- Cash and short-term investments
- $27M
- Net debt
- $2.40B
- EBITDA, trailing twelve months
- $1.51B
- Operating profit, trailing twelve months
- $1.03B
- Debt / equity
- 0.63×
- Total debt / EBITDA
- 1.61×
- Annualised volatilitytwo years of daily moves
- 21%
- Worst drawdown on file
- −44%
- Below its 52-week high
- −13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Integrated
Ranks #3 of 13 by Smart Score