National Fuel Gas (NFG) Capital Expenditures (2009 - 2026)

National Fuel Gas has disclosed Capital Expenditures across 18 years of filings, most recently posting $220.6 million for Q1 2026.

• Capital Expenditures for Q1 2026 came in at $220.6 million, down 39.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $189.3 million (down 85.47% YoY), and the FY2025 annual result was $125.3 million, down 86.55% from the prior year.
• Capital Expenditures came in at $220.6 million for Q1 2026 at National Fuel Gas, down from $277.6 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $621.3 million in Q2 2024 to a low of -$472.2 million in Q3 2022.
• The 5-year median for Capital Expenditures is $231.4 million (2023), against an average of $145.4 million.
• Peak annual rise in Capital Expenditures reached 3844.21% in 2022, while the deepest fall reached 2325.9% in 2022.
• National Fuel Gas' Capital Expenditures stood at $233.5 million in 2022, then plunged by 58.06% to $97.9 million in 2023, then dropped by 26.86% to $71.6 million in 2024, then jumped by 287.67% to $277.6 million in 2025, then dropped by 20.53% to $220.6 million in 2026.
• The last three Capital Expenditures figures came in at $220.6 million (Q1 2026), $277.6 million (Q4 2025), and $36.6 million (Q3 2025), per Business Quant data.