National Fuel Gas Company (NFG) Ownership

NYSE: NFGTop holders, insider trades and short interest.

NFG ownership summary

as of October 18, 2026
Institutions
85.3%
of shares outstanding
Insiders
1.29%
of shares outstanding
Shares outstanding
95.0M
Float
93.7M
shares available to trade
Short interest
6.24%
5.1M shares short
Days to cover
6.23
short interest up 2.6% vs prior month
  • Institutions 85.31%
  • Insiders 1.29%
  • Other investors 13.40%

NFG top institutional holders

20 largest
National Fuel Gas Company top institutional holders
#Holder% of sharesSharesValueChangeReported
1BlackRock Inc10.20%9.7M$774.8M+538,725 (+5.9%)June 30, 2026
2Vanguard Portfolio Management, LLC8.45%8.0M$641.8M+206,913 (+2.6%)June 30, 2026
3Vanguard Capital Management, LLC4.51%4.3M$342.4M+37,285 (+0.9%)June 30, 2026
4State Street Corp4.42%4.2M$335.6M+328,036 (+8.5%)June 30, 2026
5Energy Income Partners, LLC3.15%3.0M$239.4M+406,019 (+15.7%)June 30, 2026
6LSV Asset Management2.48%2.4M$188.7M+130,438 (+5.8%)June 30, 2026
7T. Rowe Price Associates, Inc.2.48%2.4M$188.5M−509,593 (−17.8%)June 30, 2026
8Gabelli Funds LLC2.45%2.3M$185.9M−5,500 (−0.2%)June 30, 2026
9AQR Capital Management LLC2.07%2.0M$157.4M+767,874 (+63.9%)June 30, 2026
10Geode Capital Management, LLC2.07%2.0M$157.0M+20,836 (+1.1%)June 30, 2026
11Yaupon Capital Management LP1.64%1.6M$124.6M+516,346 (+49.5%)June 30, 2026
12Gamco Investors, Inc. Et Al1.44%1.4M$109.5M+1,021 (+0.1%)June 30, 2026
13Morgan Stanley - Brokerage Accounts1.44%1.4M$109.3M+129,789 (+10.5%)June 30, 2026
14Blackstone Inc1.30%1.2M$98.7M+648,815 (+110.6%)June 30, 2026
15Dimensional Fund Advisors, Inc.1.28%1.2M$97.1M+37,080 (+3.1%)June 30, 2026
16NORGES BANK1.15%1.1M$87.2M−62,786 (−5.4%)June 30, 2026
17First Trust Advisors L.P.1.12%1.1M$85.3M−5,482 (−0.5%)June 30, 2026
18Equity Investment Corp1.07%1.0M$81.0M−10,571 (−1.0%)June 30, 2026
19Charles Schwab Investment Management Inc1.04%987K$78.9M+9,497 (+1.0%)June 30, 2026
20Amvescap Plc.1.02%970K$77.5M+83,870 (+9.5%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 15 holders added 3.9M shares and 5 cut 594K.

NFG top mutual fund and ETF holders

20 largest
National Fuel Gas Company top fund holders
#Holder% of sharesSharesValueChangeReported
1iShares Core S&P Mid-Cap ETF3.56%3.4M$270.6M−1,212 (−0.0%)September 30, 2026
2Vanguard MStar Total Stk Mkt Idx Invest3.18%3.0M$241.6M−2,965 (−0.1%)August 31, 2026
3Vanguard Small Cap Index2.25%2.1M$170.9M−48,106 (−2.2%)September 30, 2026
4First Trust North Amer Engy InfrasETF2.10%2.0M$159.4M—September 30, 2026
5Vanguard Equity-Income Inv1.64%1.6M$124.9M+90,622 (+6.2%)June 30, 2026
6Gabelli Utilities AAA1.48%1.4M$112.4M−6,000 (−0.4%)June 30, 2026
7Vanguard MStar Small Cap Value Index1.47%1.4M$111.3M+3,700 (+0.3%)September 30, 2026
8T. Rowe Price Mid-Cap Value1.09%1.0M$82.7M—September 30, 2026
9Vanguard Strategic Equity Inv0.85%808K$64.5M+131,586 (+19.5%)June 30, 2026
10State Street® SPDR® S&P® Dividend ETF0.85%807K$64.5M—September 30, 2026
11State Street® SPDR® S&P MIDCAP 400® ETF0.74%703K$56.2M+7,752 (+1.1%)September 30, 2026
12Vanguard Utilities ETF0.65%621K$49.6M−1,565 (−0.3%)September 30, 2026
13Vanguard Dividend Appreciation ETF0.57%538K$43.0M−213 (−0.0%)September 30, 2026
14State Street SPDR Port S&P 400 Md CpETF0.53%502K$40.2M−704 (−0.1%)September 30, 2026
15Schwab US Small-Cap ETF™0.53%500K$40.0M+333 (+0.1%)September 30, 2026
16Fidelity Extended Market Index0.49%463K$37.0M−3,965 (−0.8%)August 31, 2026
17T. Rowe Price Small-Cap Stock0.47%445K$35.6M+48,331 (+12.2%)September 30, 2026
18First Trust Utilities AlphaDEX® ETF0.46%437K$34.9M−1,327 (−0.3%)September 30, 2026
19First Trust Value Line® Dividend ETF0.43%405K$32.4M—September 30, 2026
20iShares Russell Mid-Cap ETF0.41%389K$31.1M+722 (+0.2%)September 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

NFG insider transactions

latest 11
National Fuel Gas Company insider transactions
DateNameTransactionPriceSharesValue
2025-10-27Michael T. McCaulSell$81.37——
2025-10-24Michael T. McCaulBuy$81.73——
2025-10-24Michael T. McCaulSell$81.73——
2025-08-22Michael T. McCaulSell$87.13——
2025-07-03Michael T. McCaulSell$84.21——
2025-06-27Michael T. McCaulSell$85.04——
2024-12-05Donna L DecarolisSell$62.5810,000$625,800
2024-12-02Justin I LowethSell$62.2719,532$1.2M
2024-09-25Michael W RevilleSell$60.771,700$103,309
2024-06-21Michael W RevilleSell$54.836,357$348,554
2024-03-27Michael W RevilleSell$52.72450$23,724

Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.

NFG shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns NFG

Institutional investors own 85.3% of National Fuel Gas's shares and insiders 1.29%. The largest holder is BlackRock Inc with 10.20% of the shares (9.7M), as of June 30, 2026. Among the top 20 institutions, 15 added shares and 5 reduced their stake in the latest filings. Short interest is 6.24% of the float, or 6.23 days of average trading volume. The share count rose 8.0% since 2014.

Related: NFG analyst forecast, NFG key metrics, NFG dividend history. See the NFG stock overview for the latest quote and news.

NFG ownership FAQ

Who owns the most National Fuel Gas stock?

The largest shareholders of National Fuel Gas are BlackRock Inc (10.20%), Vanguard Portfolio Management, LLC (8.45%), Vanguard Capital Management, LLC (4.51%), State Street Corp (4.42%), Energy Income Partners, LLC (3.15%).

What percentage of National Fuel Gas is owned by institutions?

Institutions hold 85.3% of National Fuel Gas's shares outstanding; insiders hold 1.29%.

Which funds own National Fuel Gas?

The largest fund holders of National Fuel Gas are iShares Core S&P Mid-Cap ETF (3.56%), Vanguard MStar Total Stk Mkt Idx Invest (3.18%), Vanguard Small Cap Index (2.25%), First Trust North Amer Engy InfrasETF (2.10%), Vanguard Equity-Income Inv (1.64%).

What is National Fuel Gas's short interest?

5.1M shares of National Fuel Gas were sold short, 6.24% of the float; at the average daily volume it would take 6.23 days to cover.

Are insiders buying or selling National Fuel Gas?

Of the latest 11 reported insider transactions in National Fuel Gas (since March 27, 2024), 1 were purchases and 10 were sales.

How many shares of National Fuel Gas are outstanding?

National Fuel Gas has 95.0M shares outstanding, of which 93.7M are in the public float.

Oil & Gas Integrated: ownership