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.
The Board of Directors of National Fuel Gas Company (NFG) announced a quarterly dividend of 47.5 cents per share, payable on April 14, 2023, to shareholders on record by March 31, 2023. With approximately 91.8 million shares outstanding, the company maintains a strong dividend policy. During the Annual Meeting, stockholders approved management proposals, including the election of directors for one-year terms expiring in 2024 and the advisory vote on executive compensation. PricewaterhouseCoopers LLP was ratified as the independent accounting firm.
National Fuel Gas Company (NYSE:NFG) reported impressive financial results for Q1 FY2023, achieving a GAAP net income of $169.7 million or $1.84 per share, up 28% from the previous year. Adjusted operating results also increased to $169.5 million or $1.84 per share, a 24% rise. Adjusted EBITDA rose 18% to $351 million. Significant growth was noted in the Exploration & Production segment, with a 29% increase in EBITDA and net production of 90.6 Bcfe, up 11%. However, the company revised its FY2023 earnings guidance to $5.35 - $5.75 per share due to lower natural gas price expectations.
National Fuel Gas Company (NYSE:NFG) will hold a teleconference on February 3, 2023, at 11 a.m. (ET) to discuss its first quarter fiscal 2023 results and provide an update on its operations. The management team, including CEO David P. Bauer, will present for approximately 20 minutes, followed by a Q&A session. Participants can pre-register for the call or join via telephone. An audio replay will be available until February 10, 2023. More information can be found on the NFG Investor Relations website.
The National Fuel Gas Company (NYSE:NFG) has announced a quarterly dividend of 47.5 cents per share on its common stock, approved by the Board of Directors. This dividend will be paid on Jan. 13, 2023, to shareholders of record by the end of business on Dec. 30, 2022. National Fuel has approximately 91.5 million shares of common stock outstanding and operates across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
IOG Resources II, LLC has acquired producing gas assets from Seneca Resources, a subsidiary of National Fuel Gas (NYSE: NFG). The acquired assets are located in Pennsylvania's Clearfield, Elk, and McKean counties, with a net production of approximately 17 million cubic feet per day (mmcfd). This acquisition marks IOGR II's initial investment, expanding its platform to include 13 investments across six core U.S. basins. The deal reflects IOGR II's strategy for onshore, non-operated oil and gas investments.
National Fuel Gas Company (NYSE:NFG) reported a strong fiscal 2022, with GAAP net income of $566 million ($6.15 per share), up 55% year-over-year. For Q4, net income reached $158.1 million ($1.71 per share), an 80% increase compared to last year. Adjusted EBITDA for the year was $1.2 billion, a 23% rise. The company increased dividends for the 52nd consecutive year to $1.90 per share. Fiscal 2023 guidance sees earnings between $6.40 to $6.90 per share, assuming average natural gas prices of $6.00 in the first half and $4.75 in the latter half.
National Fuel Gas Company (NYSE:NFG) will hold a teleconference on November 4, 2022, at 11 a.m. ET, to discuss its fourth quarter fiscal 2022 results. The call will feature management representatives including David P. Bauer (CEO) and Karen M. Camiolo (Treasurer). The session will include 20 minutes of prepared remarks followed by a Q&A session. Interested participants are encouraged to pre-register. Additionally, a replay will be available until November 11, 2022. For more information, visit the NFG Investor Relations website.
The National Fuel Gas Company (NFG) announced a quarterly dividend of 47.5 cents per share, set for payment on October 14, 2022, to shareholders on record as of September 30, 2022. The company has approximately 91.5 million shares outstanding and no preferred stock. National Fuel operates across four segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility, signifying its diversified energy profile.
NexTier Oilfield Solutions and Seneca Resources, part of National Fuel Gas Company (NFG), are set to deploy NexTier's first electric Emerald™ fracturing system in Q1 2023. This multi-year agreement aims to enhance fracturing performance while minimizing emissions and fuel costs. The electric fracturing fleet will operate at Seneca well sites in the Appalachian Basin, utilizing natural gas for power. This initiative aligns with Seneca’s sustainability goals to significantly reduce greenhouse gas emissions, demonstrating a commitment to lower carbon solutions in oilfield operations.