$77.45
+0.28%National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in the Appalachian region of the United States. As of September 30, 2021, it had proved developed and undeveloped reserves of 21,537 thousand barrels of oil and 3,723,433 million cubic feet of natural gas. The Pipeline and Storage segment provides interstate natural gas transportation and storage services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State; and owns and operates the Empire Pipeline. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca Resources Company, LLC. The Utility segment sells natural gas or provides natural gas transportation services to approximately 753,000 customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. The company markets gas to industrial, wholesale, commercial, public authority, and residential customers primarily in western and central New York, and northwestern Pennsylvania. As of September 30, 2021, the company also owned approximately 95,000 acres of timber property; and managed approximately 2,500 additional acres of timber cutting rights. National Fuel Gas Company was incorporated in 1902 and is headquartered in Williamsville, New York.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Outstanding operational efficiency. The company generates substantial profit from core operations.
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
NFG โข NYSE
| National Fuel Gas Company Income Statement | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | Sep 2008 | Sep 2007 | Sep 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
2.3B | 1.9B | 2.2B | 2.2B | 1.7B | 1.5B | 1.7B | 1.6B | 1.6B | 1.5B | 1.8B | 2.1B | 1.8B | 1.6B | 1.8B | 1.8B | 2.1B | 2.4B | 2B | 2.2B | |
GROSS PROFIT | ||||||||||||||||||||
(771.3M) | (1.1B) | (1.3B) | (1.3B) | (982.9M) | (978.6M) | (1.1B) | (988.6M) | (901.1M) | (838.9M) | (1.2B) | (1.5B) | (1.2B) | (1.1B) | (1.3B) | (658.4M) | (997.2M) | (1.2B) | (1B) | (1.3B) | |
1.5B | 817.7M | 847.8M | 903M | 759.7M | 567.7M | 600.7M | 604.1M | 678.8M | 613.5M | 604.8M | 660.4M | 600.3M | 538.3M | 523.1M | 1.1B | 1.1B | 1.2B | 1B | 972.1M | |
OPERATING INCOME | ||||||||||||||||||||
(692.8M) | (608M) | (92.7M) | (88.4M) | (119.8M) | (537.8M) | (88.9M) | (84.4M) | (85M) | (1B) | (1.2B) | (90.7M) | (82.4M) | (90.3M) | (81.9M) | (661.6M) | (826.7M) | (679.1M) | (625M) | (616.5M) | |
813.5M | 209.7M | 755.1M | 814.5M | 639.9M | 29.9M | 511.8M | 519.7M | 593.8M | -416.5M | -611.1M | 569.7M | 517.8M | 448M | 441.2M | 440.5M | 227.6M | 486.1M | 396.5M | 355.6M | |
PRE-TAX INCOME | ||||||||||||||||||||
(155.8M) | (138.7M) | (131.9M) | (130.4M) | (146.4M) | (117.1M) | (106.8M) | (114.5M) | (119.8M) | (121M) | (99.5M) | (94.3M) | (94.1M) | (86.2M) | (78.1M) | (93.9M) | (86.8M) | (74M) | (0.0) | (0.0) | |
-155.8M | -138.7M | -131.9M | -130.4M | -146.4M | -117.1M | -106.8M | -114.5M | -119.8M | -116.8M | -95.5M | -90.1M | -89.8M | -82.6M | -75.2M | -90.2M | -81M | -63.2M | 0.0 | 0.0 | |
(692.8M) | (608M) | (92.7M) | (88.4M) | (119.8M) | (537.8M) | (88.9M) | (84.4M) | (85M) | (1B) | (1.2B) | (90.7M) | (82.4M) | (90.3M) | (81.9M) | (661.6M) | (826.7M) | (679.1M) | (625M) | (616.5M) | |
-119.4M | -122.5M | -113.7M | -131.9M | -161.6M | -134.9M | -122.3M | -135.7M | -149.6M | -107M | -87.5M | -80.6M | -85.1M | -77.4M | -18.4M | -84.1M | -71.3M | -49.5M | -63M | -62.8M | |
694.1M | 87.3M | 641.4M | 682.7M | 478.3M | -105M | 389.5M | 384M | 444.2M | -523.5M | -698.6M | 489M | 432.8M | 370.6M | 422.8M | 356.4M | 151.8M | 436.7M | 333.5M | 292.9M | |
NET INCOME | ||||||||||||||||||||
(175.5M) | (9.7M) | (164.5M) | (116.6M) | (114.7M) | (18.7M) | (85.2M) | -7.5M | (160.7M) | -232.5M | -319.1M | (189.6M) | (172.8M) | (150.6M) | (164.4M) | (137.2M) | (51.1M) | (167.9M) | (131.8M) | (108.2M) | |
518.5M | 77.5M | 476.9M | 566M | 363.6M | -123.8M | 304.3M | 391.5M | 283.5M | -291M | -379.4M | 299.4M | 260M | 220.1M | 258.4M | 225.9M | 100.7M | 268.7M | 337.5M | 138.1M |
NFG - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 27, 2026 | May 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 26, 2026 | May 26, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 27, 2026 | March 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 13, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 29, 2026 | January 28, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | January 29, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 28, 2026 | January 28, 2026 | 2026 |
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