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National Fuel Gas NFG Deferred fuel and purchased power

Deferred fuel and purchased power at other companies

National Fuel Gas logo
National Fuel GasNFG
-$188K+97.7%
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UGIUGI
$58M
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OGE EnergyOGE
-$28.2M-147%
National Fuel Gas logo
National Fuel GasNFG
$14.95M
GE Vernova logo
GE VernovaGEV
$7.53B
GE Vernova logo
GE VernovaGEV
$453M

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:IncreaseDecreaseInRegulatoryClauseRevenue.

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 deferred fuel and purchased power?
National Fuel Gas (NFG) reported deferred fuel and purchased power of -$188K in Q1 2026.
How has National Fuel Gas's deferred fuel and purchased power changed year-over-year?
National Fuel Gas's deferred fuel and purchased power increased by 97.7% year-over-year, from -$8.19M to -$188K.
What is the long-term trend for National Fuel Gas's deferred fuel and purchased power?
Over 3 years (2021 to 2025), National Fuel Gas's deferred fuel and purchased power has grown at a 57.1% compound annual growth rate (CAGR), from -$10.77M to -$41.75M.
What does deferred fuel and purchased power mean?
Captures the net change in deferred fuel and purchased power costs that are subject to recovery through regulatory adjustment clauses. This reflects the company's ability to pass through energy procurement costs to end-users over time. Monitoring this helps investors understand the impact of energy price fluctuations on the utility's cash flow and regulatory balance sheet.