National Fuel Gas (NFG) Capital Expenditures (2009 - 2026)
National Fuel Gas (NFG) posted Capital Expenditures of $266.2 million for Q2 2026, up 20.67% sequentially from $220.6 million in Q1 2026, and up 37.91% YoY from $193.1 million in Q2 2025.
Analysis
National Fuel Gas (NFG) Capital Expenditures (2009 - 2026) Analysis & Trends
National Fuel Gas has reported Capital Expenditures for 18 years, with the latest figure at $266.2 million in Q2 2026.
- Quarterly Capital Expenditures rose 37.91% year-over-year to $266.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 billion (up 20.09% YoY) and the FY2025 annual result came in at $912.8 million, down 1.98% from the prior year.
- Capital Expenditures rose to $266.2 million in Q2 2026 per NFG's latest filing, from $220.6 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $285.5 million in Q3 2025 and troughed at $177.1 million in Q2 2022.
- A 5-year average of $234.3 million and a median of $234.2 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2025 and 2026: Capital Expenditures retreated 17.52% in 2025, then surged 37.91% in 2026.
- Over 5 years, Capital Expenditures stood at $233.5 million in 2022, then gained by 5.77% to $246.9 million in 2023, then retreated by 2.64% to $240.4 million in 2024, then climbed by 15.47% to $277.6 million in 2025, then fell by 4.1% to $266.2 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $266.2 million, $220.6 million, and $277.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 9.99 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 4.54 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -4.23 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 2.87 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | -975.23 Mn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 383.15 Mn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | National Fuel Gas | 7.89 Bn | 6.65 Bn | 507.62 Mn | 266.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 266.25 Mn |
| Jun 30, 2026 | 266.25 Mn |
| 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 | 285.51 Mn |
| Sep 30, 2025 | 285.51 Mn |
| Jun 30, 2025 | 193.06 Mn |
| Jun 30, 2025 | 193.06 Mn |
| Mar 31, 2025 | 193.83 Mn |
| Mar 31, 2025 | 193.83 Mn |
| Dec 31, 2024 | 240.43 Mn |
| Dec 31, 2024 | 240.43 Mn |
| Sep 30, 2024 | 247.04 Mn |
| Sep 30, 2024 | 247.04 Mn |
| Jun 30, 2024 | 202.24 Mn |
| Jun 30, 2024 | 202.24 Mn |
| Mar 31, 2024 | 235.02 Mn |
| Mar 31, 2024 | 235.02 Mn |