National Fuel Gas pany(NFG) - 2022 Q2 - Earnings Call Presentation

Company Overview - National Fuel is committed to the safe and environmentally conscious development, transportation, storage, and distribution of natural gas and oil resources[2] - NFG's integrated model enhances shareholder value through geographic and operational synergies[9, 10] - NFG has a long history of returning capital to shareholders[9] Financial Performance and Guidance - NFG expects to generate significant consolidated free cash flow in fiscal 2022 and beyond[9, 14] - FY22 earnings guidance is $5.70 to $6.00 per share[39] - Net production is expected to be 340-360 Bcfe, up 7% vs FY21[39] Exploration & Production (E&P) and Gathering - NFG has ~1.2 million net acres in the Marcellus and Utica shales[5, 14] - Seneca's California assets were divested for total consideration of between $280 - $310 million[43] - The company is targeting a 40% reduction in methane intensity by 2030 for Exploration & Production[28] Pipeline & Storage - Supply Corporation has contracted firm transportation capacity of 3,284 MDth per day and firm storage of 70,693 Mdth[115] - The FM100 project is expected to generate ~$50 million in annual revenue[118] Utility - The utility serves 753,000 customers[5] - The utility is targeting a 75% reduction in delivery system GHG emissions by 2030 and 90% by 2050[28]