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National Fuel Gas NFG Appalachian Region — Proved developed reserves volume

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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$7.5B-4.6%
Enterprise value$9.83B-4.2%
P/E11.1×
P/S-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 srt:ProvedDevelopedReservesVolume.

The source filing: National Fuel Gas’s 10-K, filed November 21, 2025.

Filed
Nov 21, 2025
Fiscal year
FY2026
Accession
0000070145-25-000039
Line itemU.S. / Appalachian Region / Gas MMcfOil Mbbl
September 30, 20223,312,568250
September 30, 20233,550,034216
September 30, 20243,484,852193
September 30, 20253,664,381180
Proved Undeveloped Reserves:
September 30, 2022858,094
September 30, 2023985,050
September 30, 20241,266,910

Item 8 Financial Statements and Supplementary Data

FAQ

What is National Fuel Gas's appalachian region — proved developed reserves volume?
National Fuel Gas (NFG) reported appalachian region — proved developed reserves volume of $3.66M in Q3 2025.
How has National Fuel Gas's appalachian region — proved developed reserves volume changed year-over-year?
National Fuel Gas's appalachian region — proved developed reserves volume increased by 5.2% year-over-year, from $3.48M to $3.66M.
What does appalachian region — proved developed reserves volume mean?
Quantifies the portion of proved reserves that can be expected to be recovered through existing wells with existing equipment and operating methods. It provides insight into the immediate, low-risk production capability of the company's current asset base.

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