EX-99 6 nfg-3312025xexhibit99.htm EX-99

Exhibit 99 |  |  |
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
| Twelve Months Ended
| March 31,
(Thousands of Dollars) | 2025 |  | 2024
INCOME |  |  |
Operating Revenues: |  |  |
Utility Revenues | $ | 776,686 |  |  | $ | 715,522 |
Exploration and Production and Other Revenues | 1,003,262 |  |  | 955,562 |
Pipeline and Storage and Gathering Revenues | 288,993 |  |  | 281,869 |
| 2,068,941 |  |  | 1,952,953 |
Operating Expenses: |  |  |
Purchased Gas | 188,246 |  |  | 185,051 |
Operation and Maintenance: |  |  |
Utility | 224,090 |  |  | 211,427 |
Exploration and Production and Other | 142,288 |  |  | 133,234 |
Pipeline and Storage and Gathering | 164,319 |  |  | 152,810 |
Property, Franchise and Other Taxes | 90,687 |  |  | 86,562 |
Depreciation, Depletion and Amortization | 442,948 |  |  | 446,734 |
Impairment of Assets | 660,930 |  |  | — |
| 1,913,508 |  |  | 1,215,818 |
Operating Income | 155,433 |  |  | 737,135 |
Other Income (Expense): |  |  |
Other Income (Deductions) | 29,376 |  |  | 18,736 |
Interest Expense on Long-Term Debt | (138,907) |  |  | (111,676) |
Other Interest Expense | (12,463) |  |  | (23,144) |
Income Before Income Taxes | 33,439 |  |  | 621,051 |
Income Tax Expense (Benefit) | (6,126) |  |  | 155,462 |
Net Income Available for Common Stock | $ | 39,565 |  |  | $ | 465,589 |
Earnings Per Common Share: |  |  |
Basic: |  |  |
Net Income Available for Common Stock | $ | 0.43 |  |  | $ | 5.07 |
Diluted: |  |  |
Net Income Available for Common Stock | $ | 0.43 |  |  | $ | 5.04 |
Weighted Average Common Shares Outstanding: |  |  |
Used in Basic Calculation | 91,106,728 |  |  | 91,911,548 |
Used in Diluted Calculation | 91,720,006 |  |  | 92,382,415 |