Quarterly UpdatesJul 29, 2026, 04:57 PM
National Fuel Gas Updates FY26 Adj. EPS Guidance to $7.40-$7.60
AI Summary
National Fuel Gas Company updated its Investor Presentation, providing an update on its fiscal year 2026 performance and outlook. The company raised its FY26 Adjusted EPS guidance to a range of $7.40-$7.60, reflecting a 9% increase from FY25. The strategic acquisition of CenterPoint's Ohio gas utility for $2.62 billion is on track to close on October 1, 2026, and is expected to support a long-term annual adjusted EPS growth target of 7-10% through FY29. The company also highlighted significant capital projects, including the upsized Line N System Upgrade and the Tioga Pathway and Shippingport Lateral projects, which are expected to drive future revenue growth and capacity expansion.
Key Highlights
- Updated FY26 Adjusted EPS guidance to $7.40-$7.60, representing a 9% increase from FY25.
- CenterPoint Ohio acquisition on track to close October 1, 2026, for $2.62 billion.
- Long-term annual adjusted EPS growth target of 7-10% through fiscal year 2029.
- FY26 consolidated capital expenditure guidance set at $1,000-$1,075 million.
- Upsized Line N System Upgrade Project to add ~0.5 Bcf/day capacity by 2029.
- Tioga Pathway and Shippingport Lateral projects expected to add ~$30 million in annual revenue.
- Achieved 25% consolidated methane emissions reduction since 2020.
- Maintained 124 consecutive years of dividend payments and 56 consecutive increases.
Price Impact
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