Seasonality
NFG seasonality — National Fuel Gas
Over the last 11 years, NFG's strongest month on average has been March (+4.6%) and its weakest September (-2.9%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +0.40% | -1.49% | 40% | +15.4% | -8.3% | 10 |
| Feb | +1.93% | +4.20% | 70% | +12.9% | -15.2% | 10 |
| Mar | +4.60% | +3.65% | 90% | +10.4% | -1.1% | 10 |
| Apr | -1.64% | -2.01% | 20% | +9.9% | -10.2% | 10 |
| May | +0.45% | +2.50% | 70% | +7.7% | -10.0% | 10 |
| Jun | -1.34% | -0.07% | 40% | +2.6% | -10.2% | 10 |
| Jul | +2.32% | +2.93% | 70% | +9.5% | -9.5% | 10 |
| Aug | +1.50% | +0.83% | 60% | +12.5% | -2.1% | 10 |
| Sep | -2.85% | -0.99% | 50% | +6.5% | -13.6% | 10 |
| Oct | +0.17% | -0.84% | 40% | +9.7% | -14.6% | 10 |
| Nov | +1.28% | +0.66% | 56% | +5.7% | -1.9% | 9 |
| Dec | -1.09% | -2.06% | 30% | +10.6% | -6.6% | 10 |
Monthly returns heat map — NFG
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.6 | 8.7 | 3.2 | -10.2 | -8.4 | -0.1 | 6.6 | 0.9 | -8.7 | 4.9 | -7.7 | -8.3% | |
| 2025 | 15.4 | 7.4 | 5.3 | -3.0 | 7.5 | 2.6 | 2.5 | -0.1 | 6.5 | -14.6 | 4.5 | -2.9 | +31.9% |
| 2024 | -6.0 | 3.4 | 10.2 | -1.1 | 7.7 | -5.2 | 8.1 | 2.0 | 1.4 | -0.1 | 5.7 | -5.1 | +20.9% |
| 2023 | -8.3 | -1.3 | 0.8 | -3.2 | -8.9 | 0.9 | 3.4 | 1.2 | -3.4 | -1.9 | -0.3 | -1.2 | -20.7% |
| 2022 | -5.0 | 2.5 | 10.4 | 2.1 | 4.8 | -10.2 | 9.5 | -1.5 | -13.6 | 9.7 | -1.9 | -4.4 | -1.0% |
| 2021 | -2.1 | 12.9 | 10.0 | -0.7 | 4.5 | 0.7 | -1.6 | 0.7 | 1.4 | 9.3 | 0.7 | 10.6 | +55.5% |
| 2020 | -7.2 | -15.2 | 1.9 | 9.9 | 2.4 | -0.1 | -3.2 | 12.5 | -11.1 | -1.6 | 3.0 | -0.1 | -11.6% |
| 2019 | 12.0 | 5.0 | 1.3 | -2.9 | -10.0 | -1.1 | -9.5 | -2.1 | 0.4 | -3.4 | -0.6 | 3.4 | -9.1% |
| 2018 | 1.5 | -11.3 | 4.1 | -0.2 | 2.5 | 0.6 | 1.4 | 3.4 | 0.9 | -3.2 | -0.8 | -5.0 | -6.8% |
| 2017 | -0.9 | 7.4 | -1.1 | -7.1 | 2.5 | -1.6 | 6.0 | -2.1 | -2.4 | 2.5 | 1.3 | -6.6 | -3.0% |
| 2016 | 0.5 |