NFG Insider Trading

National Fuel Gas Company (NFG) operates in the Energy sector, specifically the Oil & Gas Integrated industry, with a market capitalization near $7.71B, listed on NYSE, employing roughly 2,322 people, carrying a beta of 0.41 to the broader market. National Fuel Gas Company (NFG) operates as a multifaceted energy enterprise, with its business structured across four primary divisions: Exploration and Production, Pipeline and Storage, Gathering, and Utility. Led by David Bauer, public since 1973-05-03.

In the last 12 months, National Fuel Gas Company insiders made 0 buy transactions and 0 sale transactions.

DateNameTypeSharesPriceValue
Oct 2, 2026TANSKI RONALD JA-Award577$75.89$43.8K
Oct 2, 2026SHAW JEFFREY WA-Award577$75.89$43.8K
Oct 2, 2026SMITH DAVID FA-Award577$0.00$0
Oct 2, 2026SMITH DAVID FJ-Other129$0.00$0
Oct 2, 2026SKAINS THOMAS EA-Award577$0.00$0
Oct 2, 2026SKAINS THOMAS EJ-Other129$0.00$0
Oct 2, 2026Ranich RebeccaA-Award577$0.00$0
Oct 2, 2026Ranich RebeccaJ-Other129$0.00$0
Oct 2, 2026Ranich RebeccaJ-Other125$79.68$10.0K
Oct 2, 2026JAGGERS JOSEPH NA-Award577$75.89$43.8K

NFG Insider Activity by Quarter

Reported Form 4 and Form 5 lines under NFG's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Apr 12, 2022, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A10
Q3 20260N/A0N/A46
Q2 20260N/A0N/A25
Q1 20260N/A0N/A26
Q4 20250N/A0N/A154
Q3 20250N/A0N/A48
Q2 20250N/A0N/A25
Q1 20250N/A0N/A23
Q4 20240N/A2$1.8M120

NFG Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 652 institutions reported holding 79,472,863 NFG shares, valued at $6.18B as reported, 82.9% of its market cap (market cap of Jun 26, 2026). That is -8 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 81 opened a position, 83 closed one, 261 added and 179 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
BlackRock, Inc.9,695,230$748.6M+538,725
VANGUARD PORTFOLIO MANAGEMENT LLC8,030,342$620.0M+206,913
VANGUARD CAPITAL MANAGEMENT LLC4,284,248$330.8M+37,285
STATE STREET CORP4,198,608$326.5M+328,036
Energy Income Partners, LLC2,995,843$231.3M+406,019
LSV ASSET MANAGEMENT2,361,366$182.3M+130,438
PRICE T ROWE ASSOCIATES INC /MD/2,359,113$182.1M-509,593
GABELLI FUNDS LLC2,326,363$179.6M-5,500
AQR CAPITAL MANAGEMENT LLC1,969,955$152.1M+767,874
GEODE CAPITAL MANAGEMENT, LLC1,964,373$151.7M+20,836

By Quarter

QuarterInstitutionsSharesValue
Q2 202665279,472,863$6.18B
Q1 202666076,035,629$7.14B
Q4 202562075,074,737$6.01B
Q3 202562069,592,504$6.43B
Q2 202558470,105,001$5.92B
Q1 202557469,389,593$5.50B
Q4 202449069,224,084$4.21B
Q3 202447669,027,552$4.19B
Q2 202444973,161,100$3.97B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding NFG

FundWeight of NFGShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.01%3,022,719$251.1MOct 7, 2026
VB Vanguard Morningstar Small-Cap ETF0.10%2,186,601$181.6MOct 7, 2026
EMLP First Trust North American Energy Infrastructure Fund3.85%1,998,101$155.2MOct 8, 2026
VBR Vanguard Morningstar Small-Cap Value ETF0.17%1,388,682$115.3MOct 7, 2026
VXF Vanguard Extended Market ETF0.09%1,103,768$91.7MOct 7, 2026
SDY State Street SPDR S&P Dividend ETF0.31%806,946$63.2MOct 8, 2026
MDY State Street SPDR S&P MIDCAP 400 ETF Trust0.22%708,993$55.9MOct 8, 2026
VPU Vanguard Utilities ETF0.51%622,102$51.7MOct 7, 2026
VIG Vanguard Dividend Appreciation ETF0.03%537,964$44.7MOct 7, 2026
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF0.22%508,603$40.1MOct 8, 2026
SCHA Schwab U.S. Small-Cap ETF0.18%501,747$38.8MOct 8, 2026
VYM Vanguard High Dividend Yield ETF0.03%381,726$31.7MOct 7, 2026
FVD First Trust Value Line Dividend Index Fund0.41%403,127$31.3MOct 8, 2026
IWR iShares Russell Mid-Cap ETF0.05%389,562$30.3MOct 8, 2026
FXU First Trust Utilities AlphaDEX Fund4.13%387,071$30.1MOct 8, 2026

From each fund's latest holdings file on record that shows NFG's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as NFG's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for NFG reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is NFG's share of that fund.

NFG Congress Trades

Members of Congress and their households disclosed 16 transactions in NFG on file (11 purchases, 5 sales) by 2 members, the latest trade on Mar 6, 2025. The newest 10 are below.

MemberChamberTypeAmountTradedDisclosed
Michael T. McCaul (R-TX-10)HouseSale$50,001 - $100,000Mar 6, 2025Apr 18, 2025
Michael T. McCaul (R-TX-10)HousePurchase$100,001 - $250,000Feb 23, 2024Mar 20, 2024
Michael T. McCaul (R-TX-10)HousePurchase$50,001 - $100,000Feb 23, 2024Mar 20, 2024
Daniel S. Goldman (D-NY-10)HouseSale (Full)$1,001 - $15,000Jun 29, 2023Aug 13, 2023
Michael T. McCaul (R-TX-10)HousePurchase$1,001 - $15,000May 26, 2023Jun 22, 2023
Michael T. McCaul (R-TX-10)HousePurchase$15,001 - $50,000May 26, 2023Jun 22, 2023
Michael T. McCaul (R-TX-10)HousePurchase$15,001 - $50,000May 25, 2023Jun 22, 2023
Michael T. McCaul (R-TX-10)HousePurchase$1,001 - $15,000May 25, 2023Jun 22, 2023
Michael T. McCaul (R-TX-10)HousePurchase$15,001 - $50,000May 24, 2023Jun 22, 2023
Michael T. McCaul (R-TX-10)HousePurchase$1,001 - $15,000May 24, 2023Jun 22, 2023

From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 13, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).

How to Read NFG Insider Activity

Net insider activity is balanced over the trailing twelve months: 0 buys against 0 sales. Balanced activity typically reflects routine compensation-related vesting and tax-driven liquidity rather than directional information signals. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked NFG insider trading questions

How active are NFG insiders right now?
Over the trailing twelve months, National Fuel Gas Company (NFG) insiders made 0 buy transactions and 0 sale transactions. Net insider activity over the trailing twelve months is balanced (0 buys, 0 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are NFG insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do NFG insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.