The takeaway
National Fuel Gas Company shows a moderate seasonal pattern over 10 years of data — strongest in March (+5.4%) and softest in January (+0.9%).
Right now
In July, the stock has risen 70% of years, averaging +1.4%, roughly 0.7 pts behind the S&P 500.
The full picture
National Fuel Gas Company's most dependable month has been March, higher in 8 of 10 years; January has been its least reliable, up just 30% of the time.
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Month by month
The stock's clearest edge over the S&P 500 lands in March (+4.4 pts); it has trailed the market most in October (−1.7 pts).
“vs S&P” is National Fuel Gas Company’s average for a month minus the S&P 500’s average for that same month — isolating National Fuel Gas Company’s own seasonal edge from broad market drift.
Reality check
Over the last 5 years, March has closed higher 100% of the time versus 80% across the last 10 years — the pattern is strengthening.
Figures are the typical (median) March return and how often it rose — the last 5 years versus the last 10(the heatmap’s default window). This verdict stays anchored to that 10-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Dependability is the through-line here. March stands out, higher in 8 of 10 Marches, but it heads a clutch of months that pull the year reliably upward.
Its average (+5.4%) and median (+5.2%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. Crucially, the gain is the stock's own rather than a rising tide's: March has cleared the S&P 500 by +4.4 points above the index. That consistency sets it apart from the field, where the average stock manages March only about 56% of the time.
A few other months pull their weight: February, May, and July have also closed higher more often than not. On the other side of the ledger, January is the year's low point, though even there the stock has stayed positive on average (+0.9%), a sign every month leans up, and the edge isn't year-round — the stock has trailed the S&P 500 in October, September, and December. Its roughest month on record was a −14.7% October in 2025 — a reminder of how hard even a seasonal name can fall.
March has now closed higher 5 years running. If anything it has sharpened recently — the last five Marches run ahead of the earlier years.
The takeaway is less about when to buy than what to expect: March aside, the stock's months offer little reliable tilt.
Short answers on the stock's best month (March), its worst (January), and whether it really trades seasonally.
Yes, to a moderate degree. Since 2016 its best month (March, +5.4%) has run well ahead of its worst (January, +0.9%) — the heatmap above shows how steady that gap has been year to year.
March has been the strongest, averaging +5.4% and closing higher in 8 of 10 years since 2016.
It's the weakest month, but it has still averaged a small gain (+0.9%) — quiet rather than genuinely bad.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade