National Fuel Gas Company Q2 Fiscal 2026 Earnings Release

National Fuel Gas Company reported strong financial results for the second quarter of fiscal year 2026. GAAP earnings increased to $247.7 million, or $2.59 per share, from $216.4 million, or $2.37 per share, in the prior year. Adjusted earnings per share (EPS) rose by 13% to $2.71. The company saw significant growth in its Integrated Upstream and Gathering segment, with adjusted EPS increasing by 21% due to higher natural gas price realizations. The Utility segment also showed a 3% increase in net income, driven by investments in system modernization. National Fuel is revising its fiscal year 2026 adjusted EPS guidance to a range of $7.45 to $7.75 per share. The company is progressing with strategic projects, including pipeline expansions and the planned acquisition of an Ohio gas utility.