secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL FUEL GAS CO (NFG)
CIK:        0000070145
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000070145-24-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70145/000007014524000032/0000070145-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70145/000007014524000032/nfg-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000070145-24-000032

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