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National Fuel Gas Co

NFG · Utilities

Last earnings Oct 1, 2026

Key results

Revenuequarter

$9.5 million

DRR $ 10 May 2026 TBD TBD Requested an increase of $67 million to rate base for investments made in 2025, which reflects a $9.5 million annual increase in current revenues.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

Operating incomequarter

$21 million

Operating Income 21 55

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

AI analysis

Q2 2026 · reported Oct 1, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q2 2026
$9.5M
EX-99 · Oct 1, 2026
Operating income · Q2 2026
$21M
EX-99 · Oct 1, 2026

Headline figures

MetricQ2 2026Prior qtrYear ago
Revenue$9.5 million——
Operating income$21 million——

EX-99 · Oct 1, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

CEP Capital Expenditure Program CERC CERC Corp.

upon closing of the transaction, subject to adjustments as set forth in the Ohio Securities Purchase Agreement, including adjustments based on net working capital, regulatory assets and liabilities and capital expenditures at closing of the transaction; and (ii) a 364-day seller promissory note, in the original principal amount of $1.2 billion, to be issued by NFGC at the closing of the transaction and payable to CERC Corp.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

National Fuel Gas Co Q2 2026 — DRR $ 10 May 2026 TBD TBD Requested an increase of $67 million to rate base for investments made in 2025, which reflects a $9.5 million annual increase in current revenues.

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

CEP Capital Expenditure Program CERC CERC Corp.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

upon closing of the transaction, subject to adjustments as set forth in the Ohio Securities Purchase Agreement, including adjustments based on net working capital, regulatory assets and liabilities and capital expenditures at closing of the transaction; and (ii) a 364-day seller promissory note, in the original principal amount of $1.2 billion, to be issued by NFGC at the closing of the transaction and payable to CERC Corp.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

(5) Borrowing Arrangements and Other Financing Transactions Debt Transactions Debt Issuances.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

Total gross and net proceeds were $60 million, which were used to pay down money pool borrowings.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

The fair value of the Company s long-term debt is considered a Level 2 fair value measurement and was estimated based on the quoted market prices for the same or similar issues or on the current rates offered to the Company for instruments with similar characteristics.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

The carrying values and estimated fair values of the Company s long-term debt, including current maturities, were $823 million and $784 million at June 30, 2026.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

Strategy & priorities

Note 4 Fair Value Measurements The FASB authoritative guidance regarding fair value measurements establishes a fair-value hierarchy and prioritizes the inputs used in valuation techniques that measure fair value.

SEC original ↗National Fuel Gas Co — 10-Q Quarterly report10-QJul 30, 2026

Those inputs are prioritized into three levels.

SEC original ↗National Fuel Gas Co — 10-Q Quarterly report10-QJul 30, 2026

Risks & headwinds

From time to time, the Company is also a defendant in legal proceedings with respect to claims brought by various plaintiffs against broad groups of participants in the energy industry.

SEC original ↗National Fuel Gas Co — Earnings release (8-K exhibit)EX-99Oct 1, 2026

Legal Proceedings 53 Item 1 A.

SEC original ↗National Fuel Gas Co — 10-Q Quarterly report10-QJul 30, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Fortis (FTS) UtilitiesAmerican Water Works (AWK) UtilitiesFirstEnergy (FE) UtilitiesEdison International (EIX) UtilitiesDuke Energy (DUK) UtilitiesPublic Service Enterprise Group (PEG) UtilitiesConstellation Energy (CEG) UtilitiesWEC Energy Group (WEC) Utilities
Documents

Filings

31 documents

Earnings releases

10 documents

Presentations

0 documents

No presentations for National Fuel Gas Co are held in this edition of the library.

Transcripts

0 documents

No transcripts for National Fuel Gas Co are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.