---
schema_version: "secwatch.filing_event.v1"
accession: "0000070145-22-000031"
form_type: "8-K"
ticker: "NFG"
cik: "0000070145"
company_name: "NATIONAL FUEL GAS CO"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:22:39.347846+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# National Fuel Q4 GAAP EPS $1.71 vs $0.95 YoY; FY23 guidance raised to $6.40-$6.90

## Summary
- Q4 GAAP net income $158.1M ($1.71/share) vs $87.0M ($0.95) prior year, +80% per share.
- FY23 EPS guidance raised to $6.40-$6.90, midpoint 13% above FY22 adjusted EPS $5.88; assumes NYMEX nat gas avg $6.00/MMBtu H1, $4.75 H2.
- Annual dividend increased to $1.90/share, 52nd consecutive year of increase, +4.4%.
- Proved reserves up 8% to 4,172 Bcfe; Seneca replaced 240% of FY22 production with extensions and discoveries.
- Adjusted EBITDA for Q4 $271.9M (+26% YoY); full year $1.2B (+23%).

## SEC filing metadata
- accession: 0000070145-22-000031
- form_type: 8-K
- ticker: NFG
- cik: 0000070145
- company_name: NATIONAL FUEL GAS CO
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/0000070145-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/nfg-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070145-22-000031
- JSON: https://secwatch.observer/filing/0000070145-22-000031.json
- Plain text: https://secwatch.observer/filing/0000070145-22-000031.txt

## Key facts
- Earnings Releases
  NATIONAL FUEL GAS CO reported financial results for fiscal year ended September 30, 2022.
  - Period: fiscal year ended September 30, 2022
  - Result: reported results
  source text: On November 3, 2022, National Fuel Gas Company (the “Company”) issued a press release regarding its earnings for the quarter and fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/0000070145-22-000031-index.htm
- Earnings Releases
  NATIONAL FUEL GAS CO reported financial results for three months ended September 30, 2022.
  - Period: three months ended September 30, 2022
  - Result: reported results
  source text: On November 3, 2022, National Fuel Gas Company (the “Company”) issued a press release regarding its earnings for the quarter and fiscal year ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/0000070145-22-000031-index.htm
- Earnings Releases
  NATIONAL FUEL GAS CO updated its fiscal 2023 guidance (raised).
  - Period: fiscal 2023
  - Guidance: raised
  - Result: guidance update
  source text: The Company is now projecting that earnings will be within the range of $6.40 to $6.90 per share, an increase of 13% from the Company’s 2022 adjusted operating results at the midpoint of the updated guidance range.
  evidence_url: https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/0000070145-22-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.