Buyback yield (TTM)
0.12%
Shareholder yield (TTM)
2.30%
5Y share count change
3.7%
Buyback spend (TTM)
$11.01M
Cumulative buybacks
$699.99M
Key takeaways
- National Fuel Gas (NFG) repurchased about $11.01M of stock over the trailing twelve months.
- Diluted share count is up 3.7% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 0.47× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at -18.2% per year over the latest 5-year window.
- TTM repurchases used about 10% of free cash flow remaining after dividends.
Dividend & buyback yield over time for National Fuel Gas (NFG)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for National Fuel Gas (NFG)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for National Fuel Gas (NFG)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for National Fuel Gas (NFG)
Latest: $59.09M
Overview
National Fuel Gas (NFG) most recent annual buyback spend stands at $59.09M (2025) – declined 13.2% year-over-year.
National Fuel Gas buyback spend compound annual growth for the 2020–2025 (5 years) window is -18.2%, with a net decline across the window.
National Fuel Gas buyback spend plunged from $237.01M in 2008 to $59.09M in 2025, a 75.1% drawdown.
Across the available history, buyback spend reached its high of $237.01M in 2008 and its low of $0.00 in 1994.
National Fuel Gas Buyback Spend 2025: $59.09M
National Fuel Gas posted buyback spend of $59.09M in 2025, declined 13.2% below 2024.
National Fuel Gas Buyback Spend 2024: $68.04M
In 2024, National Fuel Gas reported buyback spend of $68.04M, surged 914.2% from 2023.
National Fuel Gas Buyback Spend 2023: $6.71M
National Fuel Gas buyback spend in 2023 was $6.71M, plunged 30.0% below 2022.
National Fuel Gas Buyback Spend 2022: $9.59M
2022's buyback spend for National Fuel Gas came in at $9.59M, surged 159.0% from 2021.
National Fuel Gas Buyback Spend 2021: $3.70M
National Fuel Gas buyback spend in 2021 was $3.70M.
See more financial history for National Fuel Gas (NFG).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $59.09M | $19.75M | $39.33M | 0.71% | 0.09B | -1.2% | |
| 2024 | $68.04M | $22.08M | $45.96M | 1.23% | 0.09B | +0.1% | |
| 2023 | $6.71M | $20.63M | −$13.92M | 0.14% | 0.09B | +0.2% | |
| 2022 | $9.59M | $19.51M | −$9.92M | 0.17% | 0.09B | +0.5% | |
| 2021 | $3.70M | $17.07M | −$13.36M | 0.08% | 0.09B | +4.2% | |
| 2020 | $161.60M | $14.93M | $146.67M | 4.38% | 0.09B | +1.4% | |
| 2019 | $8.88M | $21.19M | −$12.31M | 0.22% | 0.09B | +0.4% | |
| 2018 | $0.00 | $15.76M | −$15.76M | — | 0.09B | +0.5% | |
| 2017 | $0.00 | $12.26M | −$12.26M | — | 0.09B | +1.4% | |
| 2016 | $0.00 | $5.75M | −$5.75M | — | 0.08B | +0.5% | |
| 2015 | $0.00 | $3.21M | −$3.21M | — | 0.08B | -0.7% | |
| 2014 | $0.00 | $11.76M | −$11.76M | — | 0.08B | +0.7% | |
| 2013 | $5.39M | $12.45M | −$7.05M | 0.09% | 0.08B | +0.7% | |
| 2012 | $10.35M | $985.00K | $9.36M | 0.24% | 0.08B | +0.1% | |
| 2011 | $592.00K | $1.22M | −$632.00K | 0.01% | 0.08B | +1.2% | |
| 2010 | $0.00 | $13.20K | −$13.20K | — | 0.08B | +2.5% | |
| 2009 | $0.00 | $5.93M | −$5.93M | — | 0.08B | -4.6% | |
| 2008 | $237.01M | $16.27M | $220.73M | 7.09% | 0.08B | -1.0% | |
| 2007 | $48.07M | $13.69M | $34.38M | 1.22% | 0.09B | -0.8% | |
| 2006 | $0.00 | $6.51M | −$6.51M | — | 0.09B | +1.5% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.08B | +2.5% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.08B | +2.0% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.08B | +0.7% | |
| 2002 | $80.97M | $0.00 | $80.97M | 5.08% | 0.08B | +0.8% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.08B | +0.9% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.08B | +1.4% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.08B | +0.9% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.08B | +0.6% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.08B | +1.8% | |
| 1996 | $0.00 | $0.00 | $0.00 | — | 0.08B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$59.09M
- 2024$68.04M
- 2023$6.71M
- 2022$9.59M
- 2021$3.70M
- 2020$161.60M
- 2019$8.88M
- 2018$0.00
- 2017$0.00
- 2016$0.00
- 2015$0.00
- 2014$0.00
- 2013$5.39M
- 2012$10.35M
- 2011$592.00K
- 2010$0.00
- 2009$0.00
- 2008$237.01M
- 2007$48.07M
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$80.97M
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$0.00
- 1997$0.00
- 1996$0.00
- 1995$0.00
- 1994$0.00
Buybacks vs stock-based compensation for National Fuel Gas (NFG)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.47×.
Buybacks vs dividends (share of cash returned) for National Fuel Gas (NFG)
How National Fuel Gas splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as National Fuel Gas, ranked by their latest buyback spend.
| $20.27B | |
| $11.86B | |
| $5.02B | |
| $3.49B | |
| $2.60B | |
| $2.41B | |
| $0.00 | |
| $0.00 |
- $20.27B
- $11.86B
- $5.02B
- $3.49B
- $2.60B
- $2.41B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $112.53M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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