National Fuel Gas Company delivered a solid start to fiscal 2026, with substantial increases in net income and adjusted EPS. The Integrated Upstream and Gathering segment led the gains, supported by strong Utica well performance and favorable gas price realizations. Utility segment results also improved modestly, and the company reaffirmed its full-year guidance.

National Fuel’s Q4 2025 results reflected resilient operations amid a tough pricing environment, with strong production offset by lower revenue and net income.

National Fuel Gas Company reported strong third-quarter fiscal 2025 results, with GAAP earnings per share increasing to $1.64 from a net loss of $0.59 in the prior year. Adjusted earnings per share also saw a substantial rise of 66% to $1.64. This performance was primarily fueled by record natural gas production and higher realized prices in the Exploration and Production segment, alongside earnings uplift from recent ratemaking activities and organic investments in the regulated Utility and Pipeline & Storage segments.

National Fuel Gas Company reported strong second quarter fiscal year 2025 results, with a 32% increase in GAAP net income per share and a 34% increase in adjusted operating results per share compared to the prior year. This performance was driven by higher natural gas price realizations, record production from the Exploration and Production segment, and significant earnings growth in the Utility segment due to a new rate settlement.