National Fuel Gas Company Reports Third Quarter Fiscal 2026 Earnings

National Fuel Gas Company reported its third quarter fiscal 2026 earnings on July 29, 2026. The company's consolidated results showed a GAAP earnings of $138.6 million and an adjusted EPS of $1.54 compared to $149.8 million and $1.64 in the prior year.

The Integrated Upstream and Gathering segment benefited from its strong hedge and marketing portfolio during the quarter, which offset the drop in NYMEX natural gas prices compared to the prior year. The company also expanded its Line N System Upgrade Project to 294,000 dekatherms per day and received final regulatory approval for its pending Ohio gas utility acquisition.

National Fuel maintained its focus on shareholder returns by increasing its dividend rate by 4% to $2.22 per share. The company also revised its fiscal 2026 adjusted EPS guidance range of $7.40 to $7.60, a projected 9% increase from fiscal 2025.

David P. Bauer, President and Chief Executive Officer of National Fuel Gas Company, stated that the outlook for the industry and National Fuel is strong with growing demand for natural gas. The company expects to deliver approximately 7% to 10% average annual EPS growth through 2029.