National Fuel Gas (NFG) Capital Expenditures (2009 - 2026)
National Fuel Gas' (NFG) quarterly Capital Expenditures came in at $266.2 million in Q2 2026, up 37.91% year-over-year from $193.1 million in Q2 2025, and up 20.67% quarter-over-quarter from $220.6 million in Q1 2026.
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Analysis
National Fuel Gas (NFG) Capital Expenditures (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Capital Expenditures across 18 years of filings, most recently posting $266.2 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 37.91% year-over-year to $266.2 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 20.09% YoY), while the FY2025 annual figure was $912.8 million, down 1.98% from the prior year.
- Capital Expenditures came in at $266.2 million for Q2 2026 at National Fuel Gas, up from $220.6 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $285.5 million in Q3 2025 to a low of $177.1 million in Q2 2022.
- Average Capital Expenditures over 5 years is $234.3 million, with a median of $234.2 million recorded in 2022.
- Year-over-year, Capital Expenditures fell 17.52% in 2025 and jumped 37.91% in 2026.
- Over 5 years, Capital Expenditures stood at $233.5 million in 2022, then increased by 5.77% to $246.9 million in 2023, then declined by 2.64% to $240.4 million in 2024, then gained by 15.47% to $277.6 million in 2025, then dropped by 4.1% to $266.2 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $266.2 million in Q2 2026, $220.6 million in Q1 2026, and $277.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 3.02 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | -1.72 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 1.64 Bn |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 996.00 Mn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 1.32 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 753.00 Mn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 521.43 Mn |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 574.00 Mn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 569.00 Mn |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn | 266.25 Mn |
Historic Data
Download Data
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 |
API Access
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();