Welcome to our dedicated page for Natl Fuel Gas Co news (Ticker: NFG), a resource for investors and traders seeking the latest updates and insights on Natl Fuel Gas Co stock.
National Fuel Gas Co (NYSE: NFG) is a diversified energy leader with integrated operations spanning natural gas exploration, pipeline infrastructure, and utility services across the Appalachian region. This page provides investors and industry stakeholders with timely access to official company announcements, regulatory filings, and strategic developments.
Discover comprehensive updates including quarterly earnings reports, infrastructure expansion projects, and operational milestones directly from NFG sources. Our curated news collection simplifies tracking of shale gas production advancements, safety initiatives, and market positioning within the evolving energy sector.
Key content categories include executive leadership updates, environmental compliance developments, and analysis of NFG's vertically integrated business model. Bookmark this page to monitor how the company navigates market dynamics through its exploration, pipeline, and utility divisions.
National Fuel Gas Company (NYSE: NFG) announced a 4.0% increase in its common stock dividend rate, raising the quarterly dividend from 49.5 cents to 51.5 cents per share. This brings the annual dividend to $2.06 per share. The dividend is payable on July 15, 2024, to shareholders of record as of June 28, 2024. This marks the 54th consecutive year of dividend increases and the 122nd consecutive year of dividend payments. National Fuel Gas Company operates in four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility, with 91.8 million shares of common stock outstanding.
National Fuel Gas Company reported strong second quarter results for fiscal year 2024, with GAAP net income of $166.3 million, or $1.80 per share, representing an 18% increase per share from the prior year. The company revised its fiscal 2024 earnings guidance to a range of $4.75 to $5.05 per share, excluding items impacting comparability, while lowering capital expenditure guidance. Despite lower natural gas prices impacting earnings, operational execution and strategic objectives remain strong across all business segments.
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