National Fuel Gas (NFG) Capital Expenditures (2009 - 2026)
National Fuel Gas (NFG) posted Capital Expenditures of $220.6 million for Q1 2026, down 20.53% sequentially from $277.6 million in Q4 2025, and down 39.16% YoY from $362.6 million in Q1 2025.
National Fuel Gas (NFG) Capital Expenditures (2009 - 2026) Analysis & Trends
National Fuel Gas (NFG) has 18 years of Capital Expenditures data on file, last reported at $220.6 million in Q1 2026.
- Quarterly Capital Expenditures fell 39.16% year-over-year to $220.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $189.3 million (down 85.47% YoY) and the FY2025 annual result came in at $125.3 million, down 86.55% from the prior year.
- Capital Expenditures slipped to $220.6 million in Q1 2026 per NFG's latest filing, from $277.6 million in the prior quarter.
- The five-year high for Capital Expenditures was $621.3 million in Q2 2024, with the low at -$472.2 million in Q3 2022.
- Average Capital Expenditures over 5 years is $145.4 million, with a median of $231.4 million recorded in 2023.
- The widest YoY moves for Capital Expenditures: up 3844.21% in 2022, down 2325.9% in 2022.
- National Fuel Gas' Capital Expenditures stood at $233.5 million in 2022, then sank by 58.06% to $97.9 million in 2023, then retreated by 26.86% to $71.6 million in 2024, then jumped by 287.67% to $277.6 million in 2025, then retreated by 20.53% to $220.6 million in 2026.
- Business Quant data shows NFG's Capital Expenditures at $220.6 million in Q1 2026, $277.6 million in Q4 2025, and $36.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | 6.47 Bn |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | -4.51 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | -3.29 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -4,621.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 4.06 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | -3.12 Bn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 220.64 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 58.01 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | 5.27 Mn |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | 443,380.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 220.64 Mn |
| Mar 31, 2026 | 220.64 Mn |
| Dec 31, 2025 | 277.63 Mn |
| Dec 31, 2025 | 277.63 Mn |
| Sep 30, 2025 | 36.64 Mn |
| Sep 30, 2025 | 36.64 Mn |
| Jun 30, 2025 | -345.63 Mn |
| Jun 30, 2025 | -345.63 Mn |
| Mar 31, 2025 | 362.64 Mn |
| Mar 31, 2025 | 362.64 Mn |
| Dec 31, 2024 | 71.62 Mn |
| Dec 31, 2024 | 71.62 Mn |
| Sep 30, 2024 | 247.04 Mn |
| Sep 30, 2024 | 247.04 Mn |
| Jun 30, 2024 | 621.28 Mn |
| Jun 30, 2024 | 621.28 Mn |
| Mar 31, 2024 | -35.00 Mn |
| Mar 31, 2024 | -35.00 Mn |
| Dec 31, 2023 | 97.92 Mn |
| Dec 31, 2023 | 97.92 Mn |