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National Fuel Gas Company (NFG)

NYSE: NFG · Delayed Price · USD
+0.33 (0.56%)
After-hours:Oct 25, 2021 7:27 PM EDT
0.97 (1.67%)
At close: Oct 25, 4:00 PM

Company Description

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility.

The Exploration and Production segment explores for, develops, and produces natural gas and oil in California and in the Appalachian region of the United States.

As of September 30, 2020, it had proved developed and undeveloped reserves of 22,100 thousand barrels of oil and 3,325,085 million cubic feet of natural gas.

The Pipeline and Storage segment provides interstate natural gas transportation and storage services through an integrated gas pipeline systems in Pennsylvania and New York; and owns and operates 31 underground natural gas storage fields.

This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial companies, and power producers in New York State; and owns and operates the Empire Pipeline.

The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region, as well as provides gathering services to Seneca Resources Company, LLC.

The Utility segment sells natural gas or provides natural gas transportation services to approximately 747,000 customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania.

The company markets gas to industrial, wholesale, commercial, public authority, and residential customers primarily in western and central New York, and northwestern Pennsylvania.

As of September 30, 2020, the company also owned approximately 95,000 acres of timber property; and managed approximately 2,500 additional acres of timber cutting rights.

National Fuel Gas Company was founded in 1902 and is headquartered in Williamsville, New York.

National Fuel Gas Company
National Fuel Gas Logo
CountryUnited States
IndustryGas Utilities
CEODavid Bauer

Contact Details

6363 Main St
Williamsville, New York 14221-5887
United States

Stock Details

Ticker SymbolNFG
Fiscal YearOctober - September
Reporting CurrencyUS Dollars
CIK Code0000070145
CUSIP Number636180101
ISIN NumberUS6361801011
Employer ID13-1086010

Key Executives

David P. BauerPresident, Chief Executive Officer and Director
Karen M. CamioloTreasurer and Principal Financial Officer
Donna L. DeCarolisPresident of National Fuel Gas Distribution Corporate
Ronald C. KraemerChief Operating Officer
Elena G. MendelController and Principal Accounting Officer
Martin A. KrebsChief Information Officer
Brandon J. HaspettDirector of Investor Relations
Sarah J. MugelGeneral Counsel and Secretary
Michael P. KasprzakPresident of National Fuel Gas Midstream Company LLC
Justin I. LowethPresident and Chief Operating Officer of Seneca Resources Corporate