EX-99 6 nfg-6302025xexhibit99.htm EX-99

Exhibit 99 |  |  |
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
| Twelve Months Ended
| June 30,
(Thousands of Dollars) | 2025 |  | 2024
INCOME |  |  |
Operating Revenues: |  |  |
Utility Revenues | $ | 809,274 |  |  | $ | 695,843 |
Exploration and Production and Other Revenues | 1,086,241 |  |  | 959,885 |
Pipeline and Storage and Gathering Revenues | 287,815 |  |  | 285,962 |
| 2,183,330 |  |  | 1,941,690 |
Operating Expenses: |  |  |
Purchased Gas | 211,280 |  |  | 154,578 |
Operation and Maintenance: |  |  |
Utility | 226,731 |  |  | 214,759 |
Exploration and Production and Other | 142,413 |  |  | 140,723 |
Pipeline and Storage and Gathering | 165,979 |  |  | 154,222 |
Property, Franchise and Other Taxes | 93,666 |  |  | 87,336 |
Depreciation, Depletion and Amortization | 445,902 |  |  | 457,778 |
Impairment of Assets | 460,235 |  |  | 200,696 |
| 1,746,206 |  |  | 1,410,092 |
Operating Income | 437,124 |  |  | 531,598 |
Other Income (Expense): |  |  |
Other Income (Deductions) | 34,723 |  |  | 18,372 |
Interest Expense on Long-Term Debt | (140,364) |  |  | (118,240) |
Other Interest Expense | (14,679) |  |  | (18,703) |
Income Before Income Taxes | 316,804 |  |  | 413,027 |
Income Tax Expense | 73,263 |  |  | 94,216 |
Net Income Available for Common Stock | $ | 243,541 |  |  | $ | 318,811 |
Earnings Per Common Share: |  |  |
Basic: |  |  |
Net Income Available for Common Stock | $ | 2.68 |  |  | $ | 3.47 |
Diluted: |  |  |
Net Income Available for Common Stock | $ | 2.66 |  |  | $ | 3.45 |
Weighted Average Common Shares Outstanding: |  |  |
Used in Basic Calculation | 90,728,762 |  |  | 91,929,056 |
Used in Diluted Calculation | 91,404,886 |  |  | 92,431,668 |