National Fuel Gas Stock Hits New 52-Week High (NFG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- National Fuel Gas Company (NYSE: NFG) hit a new 52-week high Friday as it is currently trading at $63.05, above its previous 52-week high of $62.73 with 32,191 shares traded as of 9:46 a.m. ET. Average volume has been 485,500 shares over the past 30 days.

National Fuel Gas has a market cap of $5.19 billion and is part of the basic materials sector and energy industry. Shares are up 22.7% year to date as of the close of trading on Thursday.

National Fuel Gas Company operates as a diversified energy company in the United States. The company has a P/E ratio of 22.9, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates National Fuel Gas as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full National Fuel Gas Ratings Report.

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