National Fuel Gas Co (NFG): Philip C Ackerman , director of National Fuel Gas Co sold 27,838 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $55.76 per share for a total value of $1,552,107.75 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, John R Pustulka (Chief Operating Officer) sold 12,000 shares at $58.58 per share price.On Sep 6, 2016, David F Smith (director) sold 48,983 shares at $56.93 per share price.Also, On Jun 27, 2016, Paula M Ciprich (Sr VP, Gen Counsel & Sec) sold 15,000 shares at $56.05 per share price.On Dec 23, 2015, Anna Marie Cellino (President – NFG Dist. Corp.) sold 10,360 shares at $41.69 per share price.
Shares of National Fuel Gas Co. (NFG) ended Tuesday, Sep 27, 2016 session in red amid volatile trading. The shares closed down -0.28 points or -0.50% at $55.22 with 5,03,142 shares getting traded. Post opening the session at $55.5, the shares hit an intraday low of $54.43 and an intraday high of $55.57 and the price vacillated in this range throughout the day. The company has a market cap of $4,693 M and the number of outstanding shares has been calculated to be 8,49,88,442 shares. The 52-week high of National Fuel Gas Co. is $59.622 and the 52-week low is $37.03.
Company has been under the radar of several Street Analysts.National Fuel Gas Co. is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 61 from a previous price target of $47 .The Rating was issued on Aug 10, 2016.
National Fuel Gas Company is a holding company. The Company is an energy company engaged in the production gathering transportation distribution and marketing of natural gas. The Company operates through five segments: Exploration and Production including operations carried out through its subsidiary Seneca Resources Corporation; Pipeline and Storage including operations carried out through its subsidiaries National Fuel Gas Supply Corporation and Empire Pipeline Inc.; Gathering including operations carried out through subsidiaries of National Fuel Gas Midstream Corporation; Utility including operations are carried out by through its subsidiary Distribution Corporation and Energy Marketing including operations carried out through its subsidiary National Fuel Resources Inc. The Company operates an integrated business with assets centered in western New York and Pennsylvania. The Company also develops and produces oil reserves primarily in California.