---
schema_version: "secwatch.filing_event.v1"
accession: "0000070145-24-000032"
form_type: "8-K"
ticker: "NFG"
cik: "0000070145"
company_name: "NATIONAL FUEL GAS CO"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T04:04:29.141375+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# National Fuel Q4 GAAP loss $167.6M on impairment; guides FY25 EPS $5.50-$6.00

## Summary
- 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.

## SEC filing metadata
- accession: 0000070145-24-000032
- form_type: 8-K
- ticker: NFG
- cik: 0000070145
- company_name: NATIONAL FUEL GAS CO
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70145/000007014524000032/0000070145-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70145/000007014524000032/nfg-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070145-24-000032
- JSON: https://secwatch.observer/filing/0000070145-24-000032.json
- Plain text: https://secwatch.observer/filing/0000070145-24-000032.txt

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