Skip to content

National Fuel Gas NFG Integrated Upstream and Gathering — Alternative Revenue Programs

Similar metrics at other companies

OGE Energy logo
OGERevenuesfrom Alternative Revenue Programs
$15.9M+141%
Dominion Energy logo
DAlternative Revenue Programs — Other Revenues
$46M+109%
Atmos Energy logo
ATOPipeline and storage segment — Alternative revenue program revenues
-$32.84M-179%
American Electric Power logo
AEPAlternative Revenue Programs — Total Other Revenues
-$11M+26.7%
Xcel Energy logo
XELAlternative revenue and other — Alternative revenue and other
$267M+31.5%
FirstEnergy logo
FEAlternative Revenue Program — Revenue
$13M

Other financials

Income statement

See full
Revenue$858.4M+17.6%
Gross profit$650.5M+9.4%
Operating income$347.1M+9.4%
Net income$247.7M+14.5%
EPS (diluted)$2.59+9.3%

Balance sheet

See full
Cash & equivalents$26.6M-70.9%
Total debt$2.1B-17.9%
Total equity$3.8B+38.3%
Total assets$9.1B+7.6%

Cash flow

See full
Operating cash flow$382.4M+50.7%
CapEx$220.6M+13.8%
Free cash flow$161.7M+170%

Valuation

See full
Market cap$7.21B+24.5%
Enterprise value$9.31B+14.1%
P/E10.5×
P/S2.9×+0.1×

Profitability

See full
Gross margin87.8%-3.1pp
Operating margin41.2%
Net margin27.4%
FCF margin7.2%

Returns & leverage

See full
Return on equity20.8%
Debt / equity0.6×-0.4×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by National Fuel Gas in its filing.

Tagged under the XBRL concept nfg:AlternativeRevenuePrograms.

The official record: National Fuel Gas’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about National Fuel Gas's integrated upstream and gathering — alternative revenue programs.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is National Fuel Gas's integrated upstream and gathering — alternative revenue programs?
National Fuel Gas (NFG) reported integrated upstream and gathering — alternative revenue programs of $0 in Q1 2026.
What does integrated upstream and gathering — alternative revenue programs mean?
Refers to revenue streams derived from non-traditional or regulatory-approved alternative programs outside of standard commodity sales. These programs often include performance-based incentives or specific service-level agreements within the energy sector. Monitoring this helps identify diversification in revenue sources beyond core production activities.