| NATIONAL FUEL GAS | |||||||||||
| CONSOLIDATED STATEMENTS OF INCOME | |||||||||||
| (UNAUDITED) | |||||||||||
| Twelve Months Ended | |||||||||||
| June 30, | |||||||||||
| (Thousands of Dollars) | 2024 | 2023 | |||||||||
| INCOME | |||||||||||
| Operating Revenues: | |||||||||||
| Utility Revenues | $ | 695,843 | $ | 975,166 | |||||||
Exploration and Production and Other Revenues | 959,885 | 990,142 | |||||||||
Pipeline and Storage and Gathering Revenues | 285,962 | 274,662 | |||||||||
| 1,941,690 | 2,239,970 | ||||||||||
| Operating Expenses: | |||||||||||
| Purchased Gas | 154,578 | 473,386 | |||||||||
| Operation and Maintenance: | |||||||||||
| Utility | 214,759 | 203,420 | |||||||||
Exploration and Production and Other | 140,723 | 117,869 | |||||||||
| Pipeline and Storage and Gathering | 154,222 | 148,485 | |||||||||
| Property, Franchise and Other Taxes | 87,336 | 95,088 | |||||||||
| Depreciation, Depletion and Amortization | 457,778 | 394,082 | |||||||||
| Impairment of Exploration and Production Properties | 200,696 | — | |||||||||
| 1,410,092 | 1,432,330 | ||||||||||
| Gain on Sale of Assets | — | — | |||||||||
| Operating Income | 531,598 | 807,640 | |||||||||
| Other Income (Expense): | |||||||||||
| Other Income (Deductions) | 18,372 | 7,953 | |||||||||
| Interest Expense on Long-Term Debt | (118,240) | (113,706) | |||||||||
| Other Interest Expense | (18,703) | (18,774) | |||||||||
| Income Before Income Taxes | 413,027 | 683,113 | |||||||||
| Income Tax Expense | 94,216 | 121,781 | |||||||||
| Net Income Available for Common Stock | $ | 318,811 | $ | 561,332 | |||||||
| Earnings Per Common Share: | |||||||||||
| Basic: | |||||||||||
| Net Income Available for Common Stock | $ | 3.47 | $ | 6.12 | |||||||
| Diluted: | |||||||||||
| Net Income Available for Common Stock | $ | 3.45 | $ | 6.08 | |||||||
| Weighted Average Common Shares Outstanding: | |||||||||||
| Used in Basic Calculation | 91,929,056 | 91,662,587 | |||||||||
| Used in Diluted Calculation | 92,431,668 | 92,267,750 | |||||||||