BlackRock Amends NFG Stake: Institutional Ownership Update
Ticker: NFG · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, SC-13G, portfolio-update
TL;DR
**BlackRock updated its NFG holdings, signaling a potential shift in institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating a change in its ownership stake in National Fuel Gas Company (NFG) as of December 31, 2023. This filing, an amendment (Amendment No: 1), updates their previous disclosure regarding their holdings of NFG's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding National Fuel Gas Company's future performance.
Why It Matters
Changes in large institutional holdings like BlackRock's can influence market sentiment and potentially impact the stock price of National Fuel Gas Company.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently indicate a high level of risk.
Analyst Insight
Investors should monitor future BlackRock filings (and other institutional investors) for National Fuel Gas Company to understand the magnitude of any changes in ownership, as this filing only indicates an amendment, not the specific change in share count or percentage.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- National Fuel Gas Company (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A amendment
- 636180101 (number) — the CUSIP number for National Fuel Gas Company's Common Stock
Forward-Looking Statements
- BlackRock's updated stake in National Fuel Gas Company will be further detailed in subsequent filings, potentially revealing a minor adjustment in their overall portfolio allocation. (BlackRock Inc.) — medium confidence, target: Q1 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment (Amendment No: 1) to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., a security brokers, dealers & flotation company based in New York, NY.
Which company's securities are the subject of this filing?
The subject company is National Fuel Gas Company (NFG), a natural gas distribution company based in Williamsville, NY.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of National Fuel Gas Company is 636180101.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
From the Filing
EDGAR Filing Documents for 0001086364-24-003259 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-003259 Filing Date 2024-01-25 Accepted 2024-01-25 13:48:51 Documents 1 Document Format Files Seq Description Document Type Size 1 us6361801011_012524.txt SC 13G/A 11842 Complete submission text file 0001086364-24-003259.txt 13672 Mailing Address 6363 MAIN STREET 6363 MAIN STREET WILLIAMSVILLE NY 14221-5887 Business Address 6363 MAIN STREET WILLIAMSVILLE NY 14221-5887 716-857-7000 NATIONAL FUEL GAS CO (Subject) CIK : 0000070145 (see all company filings) EIN. : 131086010 | State of Incorp.: NJ | Fiscal Year End: 0930 Type: SC 13G/A | Act: 34 | File No.: 005-37191 | Film No.: 24561027 SIC : 4924 Natural Gas Distribution (CF Office: 01 Energy & Transportation) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)