Quarterly ResultJul 30, 2026, 08:26 AM
National Fuel Q3 GAAP EPS $1.45; Revises FY26 EPS Guidance to $7.40-$7.60
AI Summary
National Fuel Gas Company reported third-quarter fiscal 2026 GAAP earnings of $1.45 per share and adjusted EPS of $1.54, both lower than the prior year. The company revised its fiscal 2026 adjusted EPS guidance range to $7.40-$7.60. Despite a decrease in production guidance for its Integrated Upstream and Gathering segment, the company increased its annual dividend by 4% and confirmed the Ohio gas utility acquisition is on track to close on October 1. National Fuel also provided a strong long-term outlook, expecting 7-10% average annual EPS growth through fiscal 2029.
Key Highlights
- Q3 FY26 GAAP EPS was $1.45, down from $1.64 in prior year.
- Q3 FY26 Adjusted EPS was $1.54, compared to $1.64 in prior year.
- Revised FY26 adjusted EPS guidance to $7.40-$7.60, from $7.45-$7.75.
- Board approved a 4% dividend increase to an annual rate of $2.22 per share.
- Integrated Upstream and Gathering FY26 production guidance lowered to 420-430 Bcf.
- Integrated Upstream and Gathering FY26 capital expenditure guidance increased to $580-$605M.
- Pipeline and Storage FY26 capital expenditure guidance increased to $235-$265M.
- Long-term outlook projects 7-10% average annual EPS growth through fiscal 2029.
Price Impact
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