National Fuel Gas Company reports news about an integrated natural gas business organized around Integrated Upstream and Gathering, Pipeline and Storage, and Utility operations. Its recurring updates cover operating and financial results, earnings calls, quarterly dividend actions, stockholder votes, and capital-structure matters tied to common stock and credit arrangements.
The company’s business disclosures connect Seneca natural gas exploration and development in the Appalachian region with midstream gathering, pipeline transportation and storage assets serving customers in the northeastern United States and Canada, and utility service in western New York and northwestern Pennsylvania.
National Fuel Gas Company (NYSE:NFG) will host a teleconference on Friday, Feb. 4, 2022, at 11 a.m. (ET) to discuss its first quarter fiscal 2022 results and provide operational updates. The call will be led by President and CEO David P. Bauer, along with other executives. Pre-registration is required for participants, and the conference will also be available via a webcast. An audio replay will be accessible from Feb. 4 to Feb. 11, 2022. Further details and registration can be found at National Fuel's investor website.
Seneca Resources Company, part of National Fuel Gas Company (NYSE: NFG), announced the certification of its Appalachian natural gas production, exceeding 1 billion cubic feet daily, under Equitable Origin’s EO100™ Standard for Responsible Energy Development. The certification was confirmed through a thorough audit by Geosyntec, emphasizing compliance with environmental, social, and governance (ESG) principles. This achievement highlights Seneca's commitment to sustainability, aiming to differentiate its low methane-intensity production in the market and meet rising demand for responsibly sourced natural gas.
The National Fuel Gas Company (NFG) has announced a quarterly dividend of 45.5 cents per share, set to be paid on January 14, 2022. Shareholders of record by December 31, 2021 are eligible for this payment. With approximately 91.2 million shares outstanding, this reflects the company's commitment to return value to shareholders. National Fuel is a diversified energy entity operating across four segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
National Fuel Gas Company (NYSE:NFG) reported strong financial results for the fourth quarter and fiscal year ended September 30, 2021. GAAP net income reached $87 million ($0.95 per share), a significant improvement from a net loss of $145.5 million last year. Adjusted EBITDA increased 35% to $215.9 million. The Exploration and Production (E&P) segment saw a 60% rise in Adjusted EBITDA, with net production up 18% to 79.6 Bcfe. Fiscal 2022 guidance predicts earnings between $5.05 to $5.45 per share, reflecting a 22% increase from 2021 adjusted results.
National Fuel Gas Company (NYSE:NFG) has announced a teleconference to discuss its fourth quarter fiscal 2021 results on November 5, 2021, at 11 a.m. (ET). Key executives, including President and CEO David P. Bauer, will present for about 20 minutes, followed by a Q&A session. Participation requires pre-registration, which can be done via a dedicated link. A simultaneous webcast will be available on the company's investor relations website, and a replay of the teleconference will be accessible from November 5 through November 11, 2021.
National Fuel Gas Company (NYSE:NFG) announced a quarterly dividend of 45.5 cents per share, approved by its Board of Directors. The dividend will be payable on Oct. 15, 2021, to shareholders of record as of Sept. 30, 2021. The company has approximately 91.2 million shares of common stock outstanding and no preferred stock. National Fuel operates across four business segments, focusing on natural gas and oil assets.
National Fuel Gas Company released its 2020 Corporate Responsibility Report, showcasing ESG performance metrics and initiatives to enhance sustainability across its operations in New York, Pennsylvania, California, and Texas. The Report includes improved disclosures on climate risk, in line with the TCFD framework, and sets ambitious methane intensity reduction targets: 40% for Exploration & Production, 30% for Gathering and Utility, and 50% for Pipeline & Storage by 2030. A consolidated goal aims for a 25% GHG emissions reduction using a 2020 baseline.
Seneca Resources Company, part of National Fuel Gas Company (NFG), is pursuing certification for its Appalachian natural gas production under Equitable Origin’s EO100™ Standard. Initiated in May, the certification process focuses on key ESG principles, including governance, community engagement, and environmental impact. Completion is anticipated early next year. President Justin Loweth highlighted that this certification reinforces Seneca's commitment to sustainability and positions its natural gas production favorably in the market amid rising ESG investor interest.
National Fuel Gas Company (NFG) announced a partnership with Project Canary to certify approximately 300 million cubic feet per day of its Appalachian natural gas production as responsibly sourced gas (RSG). This initiative includes installing continuous monitoring devices to collect real-time emissions data at three well pad locations, part of a certification process analyzing over 600 operational and environmental data points. The move aligns with the company's commitment to sustainability and strong environmental performance in a market increasingly focused on ESG practices.
National Fuel Gas Company (NYSE:NFG) reported strong third-quarter results for fiscal 2021, achieving a GAAP net income of $86.5 million ($0.94 per share), up from $41.3 million ($0.47 per share) a year ago. Adjusted EBITDA increased 36% to $234.2 million. The Exploration and Production segment saw a 48% rise in net production to 83.1 Bcfe, with cash operating costs decreasing 5% to $1.13 per Mcfe. The company raised its fiscal 2021 EPS guidance to $4.05-$4.15 and initiated fiscal 2022 guidance between $4.40-$4.80 per share, marking a projected 12% increase.