| NATIONAL FUEL GAS | |||||||||||
| CONSOLIDATED STATEMENTS OF INCOME | |||||||||||
| (UNAUDITED) | |||||||||||
| Twelve Months Ended | |||||||||||
| March 31, | |||||||||||
| (Thousands of Dollars) | 2024 | 2023 | |||||||||
| INCOME | |||||||||||
| Operating Revenues: | |||||||||||
| Utility Revenues | $ | 715,522 | $ | 1,010,516 | |||||||
Exploration and Production and Other Revenues | 955,562 | 1,026,198 | |||||||||
Pipeline and Storage and Gathering Revenues | 281,869 | 277,175 | |||||||||
| 1,952,953 | 2,313,889 | ||||||||||
| Operating Expenses: | |||||||||||
| Purchased Gas | 185,051 | 505,909 | |||||||||
| Operation and Maintenance: | |||||||||||
| Utility | 211,427 | 199,743 | |||||||||
Exploration and Production and Other | 133,234 | 154,802 | |||||||||
| Pipeline and Storage and Gathering | 152,810 | 143,865 | |||||||||
| Property, Franchise and Other Taxes | 86,562 | 100,535 | |||||||||
| Depreciation, Depletion and Amortization | 446,734 | 387,530 | |||||||||
| 1,215,818 | 1,492,384 | ||||||||||
| Gain on Sale of Assets | — | 12,736 | |||||||||
| Operating Income | 737,135 | 834,241 | |||||||||
| Other Income (Expense): | |||||||||||
| Other Income (Deductions) | 18,736 | (1,247) | |||||||||
| Interest Expense on Long-Term Debt | (111,676) | (117,486) | |||||||||
| Other Interest Expense | (23,144) | (16,874) | |||||||||
| Income Before Income Taxes | 621,051 | 698,634 | |||||||||
| Income Tax Expense | 155,462 | 121,763 | |||||||||
| Net Income Available for Common Stock | $ | 465,589 | $ | 576,871 | |||||||
| Earnings Per Common Share: | |||||||||||
| Basic: | |||||||||||
| Net Income Available for Common Stock | $ | 5.07 | $ | 6.30 | |||||||
| Diluted: | |||||||||||
| Net Income Available for Common Stock | $ | 5.04 | $ | 6.25 | |||||||
| Weighted Average Common Shares Outstanding: | |||||||||||
| Used in Basic Calculation | 91,911,548 | 91,575,981 | |||||||||
| Used in Diluted Calculation | 92,382,415 | 92,249,067 | |||||||||