EX-99 6 nfg-3312024xexhibit99.htm EX-99

Exhibit 99
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