National Fuel Gas (NFG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - National Fuel Gas (NFG) reported a revenue of $456.41 million for the quarter ended September 2025, reflecting a year-over-year increase of 22.7% [1] - The earnings per share (EPS) for the quarter was $1.22, up from $0.77 in the same quarter last year, resulting in an EPS surprise of +12.96% against the consensus estimate of $1.08 [1] - The reported revenue was below the Zacks Consensus Estimate of $547.21 million, resulting in a revenue surprise of -16.59% [1] Financial Performance Metrics - Total production for the quarter was 111,538.00 MMcfe, exceeding the average estimate of 108,291.90 MMcfe from two analysts [4] - Total operating revenues from Pipeline and Storage were $105.84 million, slightly above the average estimate of $104.7 million, marking a year-over-year increase of +1.2% [4] - Total operating revenues from Utility were $87.91 million, below the estimated $99.98 million, but still representing a +10% change compared to the previous year [4] - Revenue from external customers in Pipeline and Storage was $68.22 million, surpassing the average estimate of $66.99 million, with a year-over-year change of +1.3% [4] - Revenue from external customers in Utility was $87.83 million, lower than the average estimate of $99.95 million, but showing a +10% year-over-year change [4] - Intersegment revenues from Pipeline and Storage were reported at $37.62 million, close to the average estimate of $37.71 million, with a year-over-year change of +1.1% [4] Stock Performance - Shares of National Fuel Gas have returned -10% over the past month, contrasting with the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]