Loading institutional data...
Loading institutional data...
Held by 622 of 5,944 reporting institutions (98th percentile) — extremely crowded.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $79.89 today, the market must believe free cash flow compounds 21.0%/yr for a decade (off $183M normalized FCF).
The market's 21.0% is more optimistic than its 8-yr track record.
2-stage DCF · 0.09B shares · net debt $2.5B
mean 4580.7% · volatility σ 12353% · implied rate exceeded in 3/7 yrs
Central path = implied 21.0%/yr growth; shaded band = ±1σ (12353%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend exceeds free cash flow (101%) — funded from the balance sheet or debt, a red flag if it persists. Last year: $188M dividends + $54M buybacks = $243M returned on $187M FCF.
5 consecutive years of dividend increases · 3%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 9%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $43M is below the $300M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2025-09-30 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~6.2% on $2.5B of debt.
Cash of $43M is below short-term debt of $150M — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.28B 100.0% | $1.94B 100.0% | $2.17B 100.0% | $2.19B 100.0% | $1.74B 100.0% | $1.55B 100.0% | $1.69B 100.0% | $1.59B 100.0% | $1.58B 100.0% | $1.45B 100.0% |
| Cost of Revenue | $213.4M 9.4% | $150.1M 7.7% | $437.6M 20.1% | $392.1M 17.9% | $171.8M 9.9% | $233.9M 15.1% | $386.3M 22.8% | $337.8M 21.2% | — | — |
| Selling, General & Admin | $75.1M 3.3% | $70.9M 3.6% | $65.8M 3.0% | — | — | — | — | — | — | — |
| Total Operating Expenses | $1.46B 64.3% | $1.74B 89.2% | $1.42B 65.3% | $1.38B 63.3% | $1.15B 66.2% | $1.52B 98.1% | $1.18B 69.8% | $1.07B 67.4% | $986.1M 62.4% | $1.87B 128.7% |
| Operating Income | $813.5M 35.7% | $209.7M 10.8% | $755.1M 34.7% | $814.5M 37.3% | $639.9M 36.7% | $29.9M 1.9% | $511.8M 30.2% | $519.7M 32.6% | $593.8M 37.6% | -$416.5M -28.7% |
| Interest Expense | $155.8M 6.8% | $138.7M 7.1% | $131.9M 6.1% | $130.4M 6.0% | $146.4M 8.4% | $117.1M 7.6% | $106.8M 6.3% | $114.5M 7.2% | $119.8M 7.6% | $121.0M 8.3% |
| Other Income (Expense), net | $36.4M 1.6% | $16.2M 0.8% | $18.1M 0.8% | -$1.5M -0.1% | -$15.2M -0.9% | -$17.8M -1.2% | -$15.5M -0.9% | -$21.2M -1.3% | -$29.8M -1.9% | — |
| Pretax Income | $694.1M 30.5% | $87.3M 4.5% | $641.4M 29.5% | $682.6M 31.2% | $478.3M 27.4% | -$105.0M -6.8% | $389.5M 23.0% | $384.0M 24.1% | $444.2M 28.1% | -$523.5M -36.0% |
| Income Tax Expense | $175.5M 7.7% | $9.7M 0.5% | $164.5M 7.6% | $116.6M 5.3% | $114.7M 6.6% | $18.7M 1.2% | $85.2M 5.0% | -$7.5M -0.5% | $160.7M 10.2% | -$232.5M -16.0% |
| Net Income | $518.5M 22.8% | $77.5M 4.0% | $476.9M 21.9% | $566.0M 25.9% | $363.6M 20.9% | -$123.8M -8.0% | $304.3M 18.0% | $391.5M 24.6% | $283.5M 17.9% | -$291.0M -20.0% |
| Per Share | ||||||||||
| EPS (Basic) | $5.73 | $0.84 | $5.20 | $6.19 | $3.99 | $-1.41 | $3.53 | $4.56 | $3.32 | $-3.43 |
| EPS (Diluted) | $5.68 | $0.84 | $5.17 | $6.15 | $3.97 | $-1.41 | $3.51 | $4.53 | $3.30 | $-3.43 |
| Weighted Avg Shares (Basic) | 90.5M | 91.8M | 91.7M | 91.4M | 91.1M | 88.0M | 86.2M | 85.8M | 85.4M | 84.8M |
| Weighted Avg Shares (Diluted) | 91.2M | 92.3M | 92.3M | 92.1M | 91.7M | 88.0M | 86.8M | 86.4M | 86.0M | 84.8M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
Where each multiple sits in its own 14-yr range · 83th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 16.8× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 21.2 | 22.8 | 15.1 | 9.9 | 17.9 | 20.1 | 7.7 | 9.4 |
| SG&A | — | — | — | — | — | 3.0 | 3.6 | 3.3 |
| Operating Income | 32.6 | 30.2 | 1.9 | 36.7 | 37.3 | 34.7 | 10.8 | 35.7 |
| Income Tax | -0.5 | 5.0 | 1.2 | 6.6 | 5.3 | 7.6 | 0.5 | 7.7 |
| Net Income | 24.6 | 18.0 | -8.0 | 20.9 | 25.9 | 21.9 | 4.0 | 22.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on NFG: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | $682.3B | 24.4× | — | 2.0× | -5.0% | — | 8.7% | 11.1% | 10.7% | — | 4,568 |
| SHEL | $545.2B | — | — | — | — | — | — | — | — | — | 1,521 |
| CVX | $391.2B | 31.9× | — | 2.1× | -6.8% | 42.8% | 6.5% | 6.6% | 6.6% | — | 4,121 |
| TTE | $202.1B | — | — | — | — | — | — | — | — | — | 951 |
| COP | $166.8B | 21.0× | — | 2.8× | 7.7% | 62.1% | 13.6% | 12.4% | 12.2% | — | 2,450 |
| PBR | $155.8B | — | — | — | — | — | — | — | — | — | 524 |
| MPC | $128.7B | 31.9× | 11.0× | 1.0× | -4.4% | 10.0% | 3.0% | 23.4% | 20.6% | 0.2× | 1,802 |
| VLO | $127.5B | 54.5× | 24.1× | 1.0× | -5.5% | 4.4% | 1.9% | 9.9% | 7.1% | 1.7× | 1,781 |
| BP | $117.0B | — | — | — | — | — | — | — | — | — | 1,220 |
| PSX | $111.3B | 25.4× | — | 0.8× | -7.5% | 12.3% | 3.3% | 15.1% | 14.6% | — | 2,041 |
| EQNR | $110.8B | — | — | — | — | — | — | — | — | — | 398 |
| WMB | $87.7B | 33.6× | 17.8× | 7.3× | 13.8% | — | 21.9% | 20.4% | 6.3% | 4.4× | 1,736 |
| EPD | $84.1B | — | 12.6× | 1.6× | -6.4% | 26.7% | 11.0% | — | — | 3.7× | 1,573 |
| EOG | $79.0B | 15.9× | 7.7× | 3.5× | -4.5% | — | 22.0% | 16.7% | 13.2% | 0.7× | 1,525 |
| SLB | $77.9B | 22.2× | — | 2.2× | -1.6% | — | 9.4% | 12.9% | 9.4% | — | 1,624 |
| ET | $72.5B | — | 9.8× | 0.8× | 3.5% | 25.8% | 5.2% | 9.0% | 3.8% | 4.8× | 1,244 |
| KMI | $69.7B | 22.9× | 14.2× | 4.1× | 12.2% | — | 18.0% | 9.8% | 4.8% | 4.5× | 1,745 |
| TRGP | $61.2B | 33.6× | 16.2× | 3.6× | 3.9% | 38.3% | 11.3% | 62.7% | 9.4% | 3.6× | 979 |
| TS | $60.6B | — | — | — | — | — | — | — | — | — | 248 |
| MPLX | $59.4B | — | — | 4.6× | 8.9% | — | 38.1% | — | — | — | 622 |
| LNG | $59.3B | 11.2× | 7.8× | 3.0× | 27.2% | — | 26.7% | 67.3% | 17.3% | 2.2× | 1,303 |
| OKE | $58.7B | 17.2× | 12.4× | 1.8× | 55.0% | 30.5% | 10.1% | 15.1% | 6.3% | 4.4× | 1,622 |
| OXY | $58.5B | 36.8× | — | 2.7× | -1.9% | — | 11.0% | 6.6% | 4.2% | — | 1,250 |
| BKR | $56.2B | — | — | 2.0× | -0.3% | — | 9.3% | 13.7% | 13.3% | — | 1,095 |
| FANG | $56.0B | 34.4× | 11.2× | 3.7× | 35.8% | — | 11.1% | 4.5% | 3.2% | 2.3× | 1,141 |
| NFG | $7.2B | 14.1× | 7.7× | 3.2× | 17.1% | 90.6% | 22.8% | 16.8% | 9.2% | 2.0× | 622 |
Peers = companies sharing NFG's sector (Energy) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.