Highest-materiality recent filing
National Fuel Q2 FY2026: adj. EPS $2.71 (+13% YoY); guidance revised to $7.45-$7.75
GAAP EPS $2.59 vs $2.37 prior year; adjusted EPS $2.71, up 13% YoY.
National Fuel Q1 fiscal 2026 GAAP EPS $1.98, adjusted EPS $2.06 (up 24% YoY)
GAAP earnings $181.6M ($1.98/share) vs $45.0M ($0.49) prior year; adjusted earnings $187.7M ($2.06/share) vs $151.9M ($1.66).
National Fuel raises $350M in private placement to fund Ohio gas utility acquisition
Gross proceeds of $350M from sale of 4.4M shares at $79.50/share; closing expected Dec 17, 2025.
Q4 adj EPS $1.22 (+58% YoY); GAAP EPS $1.18 vs prior-year loss $1.84.
NFG amends credit facilities for $1.2B seller note to fund Vectren Ohio acquisition
On Oct 20, NFG agreed to acquire all equity of Vectren Energy Delivery of Ohio from CenterPoint Energy Resources.
National Fuel to acquire CenterPoint's Ohio gas utility Vectren Energy for $2.62B
Purchase price $2.62B cash-free, debt-free; ~1.6x estimated 2026 rate base of $1.6B.
National Fuel Q3 adjusted EPS $1.64, up 66%; FY2026 prelim guidance up ~20%
GAAP EPS $1.64 vs $(0.59) loss; adjusted EPS $1.64 vs $0.99, up 66%.
As previously disclosed by the Company, Ms. DeCarolis will be succeeded as President of Distribution Corporation by Michael D. Colpoys, effective July 1, 2025.
As previously disclosed by the Company, Ms. DeCarolis has determined to retire from employment with the Company on July 1, 2025 (the “Retirement Date”).
Max materiality 0.95 · Median 0.50 · Most common event other_material