secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL FUEL GAS CO (NFG)
CIK:        0000070145
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0000070145-22-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/0000070145-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70145/000007014522000031/nfg-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000070145-22-000031

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