| 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 | |||||||||