What does integrated upstream and gathering — total assets mean?

The total book value of all resources, including property, plant, equipment, and intangible assets, controlled by the upstream and gathering segment. This represents the asset base utilized to generate revenue and support operations. It is used to calculate return on assets and assess the scale of the segment.

National Fuel Gas NFG Integrated Upstream and Gathering — Total Assets

Other segment segments

All Other

$9.89M—

Similar metrics at other companies

CVXUpstream Equipment — Total Assets

$257B+37.4%

IMOUpstream — Total Assets

$29.94B+1.9%

EQTUpstream — Total Assets

$23.66B+5.6%

DTMGathering — Consolidated assets

$4.8B+0.4%

EQTGathering — Total Assets

$8.71B+5.9%

TRG

TRGPGathering And Processing — Total Assets

$16.47B+20.0%

Other financials

Income statement

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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

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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

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Operating cash flow$382.4M+50.7%

CapEx$220.6M+13.8%

Free cash flow$161.7M+170%

Valuation

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Market cap$7.21B+24.5%

Enterprise value$9.31B+14.1%

P/E10.5×—

P/S2.9×+0.1×

Profitability

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Gross margin87.8%-3.1pp

Operating margin41.2%—

Net margin27.4%—

FCF margin7.2%—

Returns & leverage

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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 us-gaap:Assets.

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

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Questions, answered.

What is National Fuel Gas's integrated upstream and gathering — total assets?: National Fuel Gas (NFG) reported integrated upstream and gathering — total assets of $4.01B in Q1 2026.
What does integrated upstream and gathering — total assets mean?: The total book value of all resources, including property, plant, equipment, and intangible assets, controlled by the upstream and gathering segment. This represents the asset base utilized to generate revenue and support operations. It is used to calculate return on assets and assess the scale of the segment.