Natl Fuel Gas Co Stock Price, News & Analysis

National Fuel Gas reported strong Q2 fiscal 2025 results with GAAP net income of $216 million ($2.37 per share), marking a 32% increase year-over-year. The company's adjusted operating results reached $218 million ($2.39 per share), up 34% from the previous year.

Key highlights include record natural gas production of 105.5 Bcf, up 3% year-over-year, driven by strong performance in the Eastern Development Area. The Utility segment saw a 44% increase in net income to $63.5 million, benefiting from New York's 2024 rate settlement. Pipeline & Storage segment earnings grew 5% to $31.7 million.

Based on these strong results, National Fuel increased its fiscal 2025 guidance for adjusted earnings per share to $6.75-$7.05. The company completed a successful refinancing of $1 billion in new notes and maintains its NYMEX natural gas price assumption of $3.50 per MMBtu for the remaining fiscal year.

National Fuel Gas Company (NYSE: NFG) has scheduled its second quarter fiscal 2025 earnings release for Wednesday, April 30, 2025, after market close. The company will host a conference call on Thursday, May 1, 2025, at 9:00 a.m. ET to discuss the results.

The conference call will feature approximately 20 minutes of prepared remarks from the executive team, followed by a Q&A session. A webcast link will be available on the NFG Investor Relations website, and a replay will be accessible until May 8, 2025, via phone using Access Code 458634.

National Fuel operates as a diversified energy company based in Western New York, managing natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.

National Fuel Gas Company (NYSE: NFG) announced that Donna L. DeCarolis, President of National Fuel Gas Distribution , will retire effective July 1, 2025, after over 40 years of service. DeCarolis will continue as a Senior Energy Advisor, focusing on New York's energy policy matters.

DeCarolis, who has served as Utility President since 2019, has been a prominent advocate for natural gas customers, emphasizing affordable and reliable energy options. She was one of three energy executives who voted against the NY Climate Action Council's Scoping Plan, citing concerns about customer affordability, energy reliability, and business competitiveness.

Michael Colpoys, currently Senior Vice President, will succeed DeCarolis as President of National Fuel Gas Distribution The utility segment serves 2.2 million residents in Western New York and Northwestern Pennsylvania.

National Fuel Gas Company (NYSE: NFG) has declared a quarterly dividend of 51.5 cents per share on its common stock, payable on April 15, 2025, to stockholders of record as of March 31, 2025. The company currently has approximately 90.4 million shares of common stock outstanding and no preferred stock.

At the Annual Meeting of Stockholders, shareholders approved three management proposals including: the election of eleven directors for one-year terms expiring in 2026, an advisory vote on named executive officer compensation, and the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm.

New Found Gold Corp (TSX-V: NFG, NYSE-A: NFGC) has announced its participation in several major industry conferences over the next month. The company will showcase its 100% owned Queensway Gold Project in Newfoundland and Labrador, Canada.

Key upcoming events include:

• The BMO Global Metals, Mining and Critical Metals Conference in Hollywood, FL (Feb 23-26, 2025)
• The Red Cloud Pre-PDAC Mining Showcase in Toronto (Feb 27-28, 2025)
• PDAC 2025 events including Canada's Atlantic Edge presentation and exhibitions at the Investors Exchange and Core Shack (March 2-5, 2025)
• The 37th Annual ROTH Conference in Dana Point, CA (March 16-18, 2025)

CEO Keith Boyle highlighted that with new senior management in place, the company is entering its next growth phase, with an initial mineral resource estimate and preliminary economic assessment scheduled for Q2/25.

National Fuel Gas Company (NYSE:NFG) reported its fiscal 2025 first quarter results with GAAP net income of $45.0 million ($0.49 per share), including $104.6 million in non-cash impairment charges. Adjusted operating results reached $151.9 million ($1.66 per share), a 14% increase from the prior year.

Key highlights include: Pipeline & Storage segment net income increased 35% due to Supply rate case settlement; Utility segment net income rose 22% following a rate proceeding settlement; E&P segment adjusted operating results grew 5%. The company repurchased $34 million of common stock during the quarter, totaling $99 million under its $200 million buyback program.

NFG increased its fiscal 2025 guidance for adjusted earnings per share to $6.50-$7.00, driven by higher forecasted natural gas prices and improved segment outlook. Production guidance was raised to 410-425 Bcfe, a 2% increase at midpoint, while capital expenditure guidance was reduced to $495-515 million.

National Fuel Gas Company (NYSE: NFG) has announced a time change for its first quarter fiscal 2025 earnings conference call. The call will now take place at 9:00 a.m. ET on Thursday, January 30, 2025. Participants must pre-register for the conference through a provided Participant Registration link.

A webcast link will be available on the NFG Investor Relations website under the Events Calendar. Following the call, a replay will be accessible until Thursday, February 6, 2025, by dialing 1-866-813-9403 with Access Code 245940.

National Fuel Gas Company (NYSE: NFG) has announced the schedule for its first quarter fiscal 2025 earnings release and conference call. The company will release its Q1 FY2025 earnings results on Wednesday, January 29, 2025 after market close, followed by a conference call on Thursday, January 30, 2025 at 10:00 a.m. ET.

The conference call will feature approximately 20 minutes of prepared remarks from the executive team, followed by a Q&A session. A replay will be available until Thursday, February 6, 2025. National Fuel operates across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.

National Fuel Gas Distribution (NYSE: NFG) received approval from the New York Public Service Commission for a three-year rate settlement starting January 1, 2025. This marks the company's first base delivery rate increase in New York since 2017. The settlement includes:

- Rate base of $1.04 billion in year one
- Return on equity of 9.7%
- Equity ratio of 48%
- Revenue requirement increases of $57 million (2025), $73 million (2026), and $86 million (2027)

The agreement maintains existing rate mechanisms like weather normalization and revenue decoupling, adds an uncollectible expense tracker, and includes a pipeline replacement target of 105 miles per year. A make-whole provision allows recovery of higher rates from October 1, 2024, through January 1, 2025.