earnings
confidence high
sentiment negative
materiality 0.75
National Fuel Q4 GAAP loss $167.6M on impairment; guides FY25 EPS $5.50-$6.00
NATIONAL FUEL GAS CO
2024-FY EPS reported
$0.84
revenue$1,944,810,000
- GAAP net loss $167.6M ($1.84/share) in Q4; adjusted operating results $70.5M ($0.77/share) vs $72.2M prior year.
- Full-year GAAP earnings $77.5M ($0.84/share); adjusted $462.7M ($5.01/share) vs $476.8M prior year.
- Q4 includes $237.8M non-cash impairment from ceiling test and Northern Access project termination.
- FY2025 adjusted EPS guidance $5.50-$6.00, assuming NYMEX $2.80/MMBtu; production 400-420 Bcfe.
- 54th consecutive dividend increase to $2.06 annual rate; repurchased $65M stock in fiscal 2024.