National Fuel Gas (NFG) Capital Expenditures (2009 - 2026)
National Fuel Gas (NFG) posted Capital Expenditures of $266.25 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 37.9% from $193.06 million a year earlier and up 20.7% from the prior quarter.
National Fuel Gas (NFG) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at National Fuel Gas was $1.05 billion, up 20.1% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $912.82 million, down 2.0% from FY2024.
- Annual Capital Expenditures shows a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- In prior fiscal years, National Fuel Gas' Capital Expenditures was $931.24 million in FY2024 (-7.8%), $1.01 billion in FY2023 (+24.4%), $811.83 million in FY2022 (+8.0%) and $751.73 million in FY2021 (+5.0%).
- Quarterly Capital Expenditures has run from a low of $177.07 million in fiscal Q3 2022 to a high of $285.51 million in fiscal Q4 2025 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last four quarters, with growth averaging 5.7% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was fiscal Q4 2021, with growth of 44.7%; the weakest was fiscal Q2 2025, with a decline of 17.5%.
- According to Business Quant data, Capital Expenditures for the three prior fiscal quarters was $220.64 million (Q2 2026), $277.63 million (Q1 2026) and $285.51 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 732.31 Bn | 688.79 Bn | - | 6.53 Bn |
| 2 | Chevron | 437.63 Bn | 409.74 Bn | 33.45 Bn | 4.54 Bn |
| 3 | Shell | 307.88 Bn | 237.63 Bn | 30.13 Bn | 80.60 Bn |
| 4 | TotalEnergies SE | 196.44 Bn | 77.02 Bn | 61.77 Bn | 4.23 Bn |
| 5 | Conocophillips | 174.03 Bn | 146.74 Bn | 12.81 Bn | 3.02 Bn |
| 6 | Equinor Asa | 116.43 Bn | 30.88 Bn | - | 2.87 Bn |
| 7 | Phillips 66 | 115.22 Bn | 103.01 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Canadian Natural Resources | 112.06 Bn | 109.07 Bn | 8.84 Bn | -1.72 Bn |
| 9 | Suncor Energy | 94.05 Bn | 79.79 Bn | - | -1.35 Bn |
| 10 | National Fuel Gas | 7.49 Bn | 5.92 Bn | 507.62 Mn | 266.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 266.25 Mn |
| Mar 31, 2026 | 220.64 Mn |
| Dec 31, 2025 | 277.63 Mn |
| Sep 30, 2025 | 285.51 Mn |
| Jun 30, 2025 | 193.06 Mn |
| Mar 31, 2025 | 193.83 Mn |
| Dec 31, 2024 | 240.43 Mn |
| Sep 30, 2024 | 247.04 Mn |
| Jun 30, 2024 | 202.24 Mn |
| Mar 31, 2024 | 235.02 Mn |
| Dec 31, 2023 | 246.94 Mn |
| Sep 30, 2023 | 282.13 Mn |
| Jun 30, 2023 | 231.38 Mn |
| Mar 31, 2023 | 262.89 Mn |
| Dec 31, 2022 | 233.47 Mn |
| Sep 30, 2022 | 219.34 Mn |
| Jun 30, 2022 | 177.07 Mn |
| Mar 31, 2022 | 201.92 Mn |
| Dec 31, 2021 | 213.49 Mn |
| Sep 30, 2021 | 238.96 Mn |
National Fuel Gas Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NFG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NFG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();