{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-245201","form_type":"8-K","ticker":"NFG","cik":"0000070145","company_name":"NATIONAL FUEL GAS CO","filed_at":"2025-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.935060+00:00","generated_at":"2026-05-17T03:08:21.441199+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"National Fuel to acquire CenterPoint's Ohio gas utility Vectren Energy for $2.62B","bullets":["Purchase price $2.62B cash-free, debt-free; ~1.6x estimated 2026 rate base of $1.6B.","Adds ~335,000 customers, 5,900 miles of pipeline; expected close in Q4 2026.","Financing: $1.2B promissory note at 6.5%, bridge facility, plus $300-400M common equity.","Immediately accretive to regulated EPS; neutral to consolidated EPS in FY2028, then accretive.","Subject to PUCO and HSR approvals; NFG says Ohio regulatory framework supportive."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-245201","json":"https://secwatch.observer/filing/0001193125-25-245201.json","markdown":"https://secwatch.observer/filing/0001193125-25-245201.md","text":"https://secwatch.observer/filing/0001193125-25-245201.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70145/000119312525245201/0001193125-25-245201-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70145/000119312525245201/d939423d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:08:21.441199+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}