What is National Fuel Gas's utility — purchased gas?

National Fuel Gas (NFG) reported utility — purchased gas of $244.86M in Q1 2026.

How has National Fuel Gas's utility — purchased gas changed year-over-year?

National Fuel Gas's utility — purchased gas increased by 42.5% year-over-year, from $171.78M to $244.86M.

What does utility — purchased gas mean?

Represents the total cost incurred by the utility segment to acquire natural gas supplies from third-party producers or wholesalers for distribution to end-use customers. This metric is a primary component of the cost of goods sold for a gas utility and reflects fluctuations in commodity market prices and procurement volumes.

National Fuel Gas NFG Utility — Purchased Gas

Other segment segments

All Other

$0—

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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

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

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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

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 us-gaap:CostOfGoodsAndServicesSold.

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 utility — purchased gas?: National Fuel Gas (NFG) reported utility — purchased gas of $244.86M in Q1 2026.
How has National Fuel Gas's utility — purchased gas changed year-over-year?: National Fuel Gas's utility — purchased gas increased by 42.5% year-over-year, from $171.78M to $244.86M.
What does utility — purchased gas mean?: Represents the total cost incurred by the utility segment to acquire natural gas supplies from third-party producers or wholesalers for distribution to end-use customers. This metric is a primary component of the cost of goods sold for a gas utility and reflects fluctuations in commodity market prices and procurement volumes.