National Fuel's FY25 Outlook Strengthens With Gas Price Tailwinds, Yet J.P. Morgan Holds Neutral Stance
1. J.P. Morgan maintains a Neutral rating on NFG at $81.00. 2. Second-quarter production expected to exceed consensus by 6%. 3. FY25 EPS forecast of $7.43, above company guidance. 4. Active share buyback program, $34 million planned this quarter. 5. 20% CAGR projected for EPS through 2027.