
News and earnings reports are crucial for investors to make informed decisions about their investments in NextEra Energy, Inc. (NFG). The company regularly releases updates on its financial performance and operational progress.
NFG's quarterly earnings reports provide a detailed breakdown of the company's revenue, expenses, and net income. These reports are typically released within 30-45 days after the end of each quarter.
Investors can access NFG's earnings reports on the company's investor relations website, where they can also find historical reports and other financial information. The website is a valuable resource for anyone looking to stay up-to-date on NFG's performance.
NFG's investor relations team is responsible for communicating with investors and providing them with the information they need to make informed decisions.
National Fuel Gas Company
National Fuel Gas Company has reported its fiscal 2025 first quarter results, with a GAAP net income of $45.0 million and adjusted operating results reaching $151.9 million, a 14% increase from the prior year.
The company's Pipeline & Storage segment saw a 35% increase in net income due to a Supply rate case settlement, while the Utility segment's net income rose 22% following a rate proceeding settlement.
National Fuel has increased its fiscal 2025 guidance for adjusted earnings per share to $6.50-$7.00, driven by higher forecasted natural gas prices and improved segment outlook, and has also raised its production guidance to 410-425 Bcfe, a 2% increase at midpoint.
The company has a history of paying regular quarterly dividends, with its most recent declaration being 51.5 cents per share, payable on January 15, 2025, to stockholders of record as of December 31, 2024.
National Fuel has also made significant strides in sustainability, with its Midstream segment earning an 'A-' grade under the EO100 Standard and becoming the first entity to improve two grades after initial certification, and its Upstream segment being re-certified by MiQ with an 'A' grade for their Appalachian natural gas production assets.
Announces Management Change

National Fuel Gas Company has announced a management change, with Ronald C. Kraemer retiring on February 1, 2025, after 46+ years of service.
Kraemer joined the company in 1978 and has held various executive positions across its subsidiaries.
Joseph N. Del Vecchio will succeed Kraemer as President of National Fuel Gas Supply and Empire Pipeline, Inc.
Del Vecchio joined the company in 1995 and has served in multiple leadership roles, including being promoted to Executive Vice President in 2023.
He holds degrees in Mechanical Engineering and Law, bringing a strong educational background to his new role.
Teleconference Announcement
You can participate in a teleconference to review National Fuel Gas Company's First Quarter Fiscal 2018 results, which will be held on Friday, February 2, 2018, at 11 a.m. (ET).
Representatives from management will be available to answer questions and provide an update on the company's operations. They include Ronald J. Tanski, President and Chief Executive Officer; David P. Bauer, Treasurer and Principal Financial Officer; and John P. McGinnis, President of Seneca Resources Corporation.
The teleconference will be webcast online in a "listen only" mode at the National Fuel website, investor.nationalfuelgas.com. You'll need to click the link to the conference call and agree to the terms of the safe-harbor disclaimer to proceed.
An audio replay of the teleconference call will be available starting approximately two hours after the call, and will play through the close of business on Friday, February 9, 2018. To access the replay, dial 800-585-8367 and provide the conference ID number, 833-287-0795.
New Gold Corp Relations
New Found Gold Corp is a mineral exploration company headquartered in Vancouver, British Columbia.
The company went public on August 11, 2020, with an initial public offering (IPO).
Its Queensway Project consists of approximately 86 mineral licenses, including 6,041 claims covering around 151,030 hectares of land near Gander, Newfoundland.
The company also owns a 100% interest in the Lucky Strike project in Kirkland Lake, Ontario, covering approximately 11,684 hectares.
The Lucky Strike Property is located about 10 kilometers north of Larder Lake, Ontario, and consists of around 639 single cell un-patented mining claims.
Continues Sustainability Initiatives
National Fuel Gas Company is a leader in sustainability initiatives. They have achieved significant milestones through two key re-certifications.
Their Midstream segment has been re-verified under the EO100 Standard, earning an 'A-' grade and becoming the first entity to improve two grades after initial certification. This covers 100% of their natural gas gathering system assets across five principles.
The EO100 Standard evaluates corporate governance, social impacts, Indigenous Peoples' rights, safety standards, and environmental impacts. National Fuel Gas Company has demonstrated excellence in these areas.
Seneca Resources, NFG's Upstream segment, has been re-certified by MiQ with an 'A' grade for their Appalachian natural gas production assets. These assets produce over 1 billion cubic feet daily.
The MiQ certification evaluates methane intensity, emissions management practices, and monitoring technology deployment. Seneca Resources has shown a commitment to reducing their environmental impact.
National Fuel Gas Company's commitment to sustainability is evident in their re-certifications. They continue to lead the way in responsible business practices.
New York Public Service Commission Approves New Rates
National Fuel Gas Distribution received approval for a three-year rate settlement starting January 1, 2025.
This marks the company's first base delivery rate increase in New York since 2017. The rate base will be $1.04 billion in year one.
A return on equity of 9.7% is included in the settlement, as well as an equity ratio of 48%. Revenue requirement increases are projected at $57 million (2025), $73 million (2026), and $86 million (2027).
The agreement maintains existing rate mechanisms like weather normalization and revenue decoupling. An uncollectible expense tracker has been added.
A pipeline replacement target of 105 miles per year is included in the settlement.
Stock Information
The stock information for NFG can be found on the NYSE under the ticker symbol NFG.
The fiscal year for NFG runs from October to September, which is a bit unusual but not unheard of in the corporate world.
NFG's stock type is Common Stock, which means that shareholders have voting rights and can participate in the company's decision-making process.
Here's a quick rundown of NFG's key stock details:
Q1 Earnings
National Fuel Gas Company reported its fiscal 2025 first quarter results, with GAAP net income of $45.0 million, or $0.49 per share.
The company's adjusted operating results reached $151.9 million, a 14% increase from the prior year.
Pipeline & Storage segment net income increased 35% due to a Supply rate case settlement, while Utility segment net income rose 22% following a rate proceeding settlement.
The company repurchased $34 million of common stock during the quarter, totaling $99 million under its $200 million buyback program.
National Fuel increased its fiscal 2025 guidance for adjusted earnings per share to $6.50-$7.00, driven by higher forecasted natural gas prices and improved segment outlook.
Production guidance was raised to 410-425 Bcfe, a 2% increase at midpoint, while capital expenditure guidance was reduced to $495-515 million.
Stock Details
The stock details are a crucial part of understanding a company's financials. Here are some key facts to keep in mind.
The ticker symbol for this stock is NFG, which is listed on the NYSE.
The stock type is common stock, which means that shareholders have voting rights and can participate in the company's decision-making process.
The fiscal year for this company runs from October to September.
The reporting currency is USD, which means that all financial statements are presented in US dollars.
Here's a quick rundown of the key identifiers for this stock:
The CIK Code is 0000070145, which is used to identify the company with the Securities and Exchange Commission.
The Employer ID is 13-1086010, which is used for tax purposes.
Dividend Information
National Fuel Gas Company has declared a regular quarterly dividend of 51.5 cents per share on its common stock.
The dividend will be payable on January 15, 2025, to stockholders of record as of December 31, 2024, and also on October 15, 2024, to stockholders of record at the close of business on September 30, 2024.
The company has approximately 90.7 million shares of common stock outstanding and 91.1 million shares of common stock outstanding, indicating a slight increase in the number of shares over time.
National Fuel operates as a diversified energy company based in Western New York, managing natural gas operations across four segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility.
There is no preferred stock issued by the company, which means all shares are common stock.
Frequently Asked Questions
What is investor relations management?
Investor relations management is the process of managing the flow of information between a public company and its investors, financial community, and stakeholders. It combines finance, communication, and marketing to build strong relationships and inform investment decisions.
Is National Fuel a public company?
Yes, National Fuel is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol NFG. Its public status allows for transparency and investment opportunities.
Who is the CEO of National Fuel Gas?
The CEO of National Fuel Gas is David P. Bauer, who leads the company's corporate leadership.
Does National Fuel own Seneca resources?
Yes, National Fuel Gas Company is the parent company of Seneca Resources, with a shared history dating back nearly two centuries. This parent-child relationship is a key part of Seneca's rich history in natural gas exploration and production.
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