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National Fuel Gas NFG All Other — Lease Operating Expense

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Other financials

Income statement

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Revenue$537.5M+1.1%
Gross profit$507.6M+0.7%
Operating income$208.9M-9.3%
Net income$138.6M-7.5%
EPS (diluted)$1.45-11.6%

Balance sheet

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Cash & equivalents$1.2B+3,042%
Total debt$3.6B+46.0%
Total equity$3.9B+31.9%
Total assets$10.5B+23.7%

Cash flow

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Operating cash flow$377.3M-2.9%
CapEx$266.2M+37.9%
Free cash flow$111.0M-43.2%

Valuation

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Market cap$7.66B-2.5%
Enterprise value$10B-2.6%
P/E11.4×
P/S3.1×-0.6×

Profitability

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Gross margin87.7%-2.6pp
Operating margin40.3%
Net margin26.9%
FCF margin7.1%

Returns & leverage

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Return on equity19.6%
Debt / equity0.9×+0.1×
Current ratio3.2×+2.7×

Where this comes from

Reported directly by National Fuel Gas in its filing.

Tagged under the XBRL concept us-gaap:ProductionCosts.

The source filing: National Fuel Gas’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 11:54 AM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q3 2026
Accession
0000070145-26-000033
Line itemQuarter Ended June 30, 2026 / Integrated Upstreamand GatheringQuarter Ended June 30, 2026 / Pipelineand StorageQuarter Ended June 30, 2026 / UtilityQuarter Ended June 30, 2026 / Total Reportable SegmentsQuarter Ended June 30, 2026 / All Other(4)Quarter Ended June 30, 2026 / Corporateand Intersegment Eliminations(4)Total Consolidated
Total Revenues302,516106,541165,500574,557(37,060)537,497
Operation and Maintenance Expense(2):
Upstream General and Administrative Expense17,48717,487(63)17,424
Lease Operating Expense15,84715,847(532)15,315
Gathering Operation and Maintenance Expense13,59513,595(69)13,526
All Other Operation and Maintenance Expense3,36631,47961,65296,49712,377108,874
Purchased Gas Expense(2)66,23966,239(36,361)29,878
Depreciation, Depletion and Amortization Expense(2)83,07819,65618,090120,824234121,058

Item 1. Financial Statements (Unaudited)

FAQ

What is National Fuel Gas's all other — lease operating expense?
National Fuel Gas (NFG) reported all other — lease operating expense of $0 in Q2 2026.
What does all other — lease operating expense mean?
This metric tracks the direct costs incurred to operate and maintain oil and gas leases within the 'All Other' segment. It includes expenses such as labor, repairs, and maintenance necessary to keep non-core assets in production.

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