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National Fuel Gas NFG Pipeline and Storage — Intersegment Revenues

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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 nfg:IntersegmentRevenues.

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 pipeline and storage — intersegment revenues?
National Fuel Gas (NFG) reported pipeline and storage — intersegment revenues of $37.7M in Q1 2026.
How has National Fuel Gas's pipeline and storage — intersegment revenues changed year-over-year?
National Fuel Gas's pipeline and storage — intersegment revenues decreased by 1.8% year-over-year, from $38.39M to $37.7M.
What is the long-term trend for National Fuel Gas's pipeline and storage — intersegment revenues?
Over 4 years (2021 to 2025), National Fuel Gas's pipeline and storage — intersegment revenues has grown at a 8.5% compound annual growth rate (CAGR), from $109.16M to $151.47M.
What does pipeline and storage — intersegment revenues mean?
This metric represents the revenue earned by the pipeline and storage segment for services provided to other internal business units, such as exploration and production. It highlights the level of vertical integration within the company and the internal utilization of its midstream assets.