National Total Operating Expenses from 2010 to 2024

NFG Stock  USD 54.87  0.11  0.20%   
National Fuel's Total Operating Expenses is decreasing over the last several years with slightly volatile swings. Total Operating Expenses is predicted to flatten to about 79.3 M. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
1993-12-31
Previous Quarter
20.7 M
Current Value
22.4 M
Quarterly Volatility
75.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National main balance sheet or income statement drivers, such as Interest Expense of 159.3 M, Total Revenue of 1.7 B or Gross Profit of 680.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.33, Dividend Yield of 0.0383 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.
  
This module can also supplement National Fuel's financial leverage analysis and stock options assessment as well as various National Fuel Technical models . Check out the analysis of National Fuel Correlation against competitors.

Latest National Fuel's Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of National Fuel Gas over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. National Fuel's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

National Total Operating Expenses Regression Statistics

Arithmetic Mean158,372,833
Geometric Mean113,289,960
Coefficient Of Variation122.62
Mean Deviation122,195,911
Median88,886,000
Standard Deviation194,200,888
Sample Variance37714T
Range684M
R-Value(0.55)
Mean Square Error28326.9T
R-Squared0.30
Significance0.03
Slope(23,885,577)
Total Sum of Squares527995.8T

National Total Operating Expenses History

202479.3 M
202383.4 M
202292.7 M
2021101.2 M
202094.7 M
201988.4 M
201888.9 M

About National Fuel Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National Fuel income statement, its balance sheet, and the statement of cash flows. National Fuel investors use historical funamental indicators, such as National Fuel's Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although National Fuel investors may use each financial statement separately, they are all related. The changes in National Fuel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Fuel's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on National Fuel Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National Fuel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Operating Expenses83.4 M79.3 M

National Fuel Investors Sentiment

The influence of National Fuel's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in National. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to National Fuel's public news can be used to forecast risks associated with an investment in National. The trend in average sentiment can be used to explain how an investor holding National can time the market purely based on public headlines and social activities around National Fuel Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
National Fuel's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for National Fuel's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average National Fuel's news discussions. The higher the estimated score, the more favorable is the investor's outlook on National Fuel.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards National Fuel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, National Fuel's short interest history, or implied volatility extrapolated from National Fuel options trading.

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When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Fuel Correlation against competitors.
Note that the National Fuel Gas information on this page should be used as a complementary analysis to other National Fuel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for National Stock analysis

When running National Fuel's price analysis, check to measure National Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Fuel is operating at the current time. Most of National Fuel's value examination focuses on studying past and present price action to predict the probability of National Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Fuel's price. Additionally, you may evaluate how the addition of National Fuel to your portfolios can decrease your overall portfolio volatility.
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Is National Fuel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Fuel. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Fuel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Dividend Share
0.99
Earnings Share
4.77
Revenue Per Share
21.248
Quarterly Revenue Growth
(0.12)
The market value of National Fuel Gas is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Fuel's value that differs from its market value or its book value, called intrinsic value, which is National Fuel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Fuel's market value can be influenced by many factors that don't directly affect National Fuel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Fuel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.