NATIONAL FUEL GAS CO

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Operating Revenues $1.5b $1.6b $1.6b $1.7b $1.5b $1.7b $2.2b $2.2b $1.9b $2.3b
Total Operating Expenses $1.9b $1.0b $1.1b $1.2b $1.5b $1.2b $1.4b $1.4b $1.7b $1.5b
Operating Income ($416.5m) $552.8m $487.1m $511.8m $29.9m $639.9m $814.5m $755.1m $209.7m $813.5m
Purchased Gas $148.0m $275.3m $337.8m $386.3m $233.9m $171.8m $392.1m $437.6m $150.1m $213.4m
Operation and Maintenance $441.5m $442.6m $442.4m $430.7m $438.5m $475.8m $521.2m $478.8m $520.0m $557.9m
Property, Franchise and Other Taxes $81.7m $85.0m $84.4m $88.9m $88.4m $94.7m $101.2m $92.7m $88.9m $94.4m
Depreciation, Depletion and Amortization $249.4m $224.2m $241.0m $275.7m $306.2m $335.3m $369.8m $409.6m $457.0m $456.6m
Impairment of Assets $0 $0 $519.1m $141.8m
Other Income (Deductions) $9.8m $7.0m $4.7m ($15.5m) ($17.8m) ($15.2m) ($1.5m) $18.1m $16.2m $36.4m
Balance at Beginning of Year $676.4m $851.7m $1.1b $1.3b $991.6m $1.2b $1.6b $1.9b $1.7b $2.0b
Share Repurchases Under Repurchase Plan $0 ($50.8m) ($43.4m)
Dividends on Common Stock ($135.9m) ($140.1m) ($144.3m) ($148.4m) ($156.2m) ($164.1m) ($170.1m) ($178.1m) ($185.2m) ($189.9m)
Used in Basic Calculation (in shares) $84.8m $85.4m $85.8m $86.2m $88.0m $91.1m $91.4m $91.7m $91.8m $90.5m
Used in Diluted Calculation (in shares) $84.8m $86.0m $86.4m $86.8m $88.0m $91.7m $92.1m $92.3m $92.3m $91.2m
Income Before Income Taxes ($523.5m) $444.2m $384.0m $389.5m ($105.0m) $478.3m $682.6m $641.4m $87.3m $694.1m
Net Income Available for Common Stock ($3) $3 $5 $4 ($1) $4 $6 $5 $1 $6
Beginning Retained Earnings Unappropriated and Current Period Net Income $812.2m $959.8m $1.2b $1.4b $1.1b $1.4b $1.8b $2.1b $2.0b $2.2b
Interest Expense on Long-Term Debt ($117.3m) ($116.5m) ($110.9m) ($101.6m) ($110.0m) ($141.5m) ($120.5m) ($111.9m) ($122.8m) ($140.9m)
Other Interest Expense ($3.7m) ($3.4m) ($3.6m) ($5.1m) ($7.1m) ($4.9m) ($9.8m) ($19.9m) ($15.9m) ($15.0m)
Income Tax Expense ($232.5m) $160.7m ($7.5m) $85.2m $18.7m $114.7m $116.6m $164.5m $9.7m $175.5m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.