National Fuel Gas (NFG) Change in Inventory (2009 - 2026)
National Fuel Gas (NFG) reported Change in Inventory of $5.53 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 39.0% from $9.06 million a year earlier.
National Fuel Gas (NFG) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, National Fuel Gas' Change in Inventory came in at $238,000; for FY2025 (ended Sep 30, 2025), it came in at $1.38 million.
- Change in Inventory has a five-year compound annual growth rate of -27.0% (FY2020 to FY2025).
- By fiscal year, Change in Inventory came in at -$1.74 million in FY2024, $8.41 million in FY2023, -$3.11 million in FY2022 and $2.01 million in FY2021 (-69.6%).
- Five-year quarterly Change in Inventory spans a low of -$18.76 million in fiscal Q2 2024 and a high of $21.04 million in fiscal Q4 2021.
- Year over year, Change in Inventory gained in two of the last four quarters, with an average decline of 0.3%.
- The high point for year-over-year Change in Inventory in five years was fiscal Q3 2025 (growth of 35.3%); the low point was fiscal Q3 2026 (a decline of 39.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -$10.3 million (Q2 2026), -$15.17 million (Q1 2026) and $20.18 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 733.10 Bn | 689.58 Bn | - | - |
| 2 | Chevron | 438.06 Bn | 410.18 Bn | 33.45 Bn | - |
| 3 | Shell | 307.68 Bn | 237.42 Bn | 30.13 Bn | -3.74 Bn |
| 4 | TotalEnergies SE | 196.28 Bn | 76.87 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 174.25 Bn | 146.96 Bn | 12.81 Bn | -20.00 Mn |
| 6 | Equinor Asa | 116.56 Bn | 31.01 Bn | - | - |
| 7 | Phillips 66 | 115.46 Bn | 103.25 Bn | 8.38 Bn | -800.00 Mn |
| 8 | Canadian Natural Resources | 112.08 Bn | 109.09 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 94.00 Bn | 79.74 Bn | - | - |
| 10 | National Fuel Gas | 7.50 Bn | 5.92 Bn | 507.62 Mn | 5.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.53 Mn |
| Mar 31, 2026 | -10.30 Mn |
| Dec 31, 2025 | -15.17 Mn |
| Sep 30, 2025 | 20.18 Mn |
| Jun 30, 2025 | 9.06 Mn |
| Mar 31, 2025 | -17.68 Mn |
| Dec 31, 2024 | -10.18 Mn |
| Sep 30, 2024 | 17.24 Mn |
| Jun 30, 2024 | 6.69 Mn |
| Mar 31, 2024 | -18.76 Mn |
| Dec 31, 2023 | -6.92 Mn |
| Sep 30, 2023 | 20.16 Mn |
| Jun 30, 2023 | 9.49 Mn |
| Mar 31, 2023 | -15.62 Mn |
| Dec 31, 2022 | -5.62 Mn |
| Sep 30, 2022 | 21.03 Mn |
| Jun 30, 2022 | 7.90 Mn |
| Mar 31, 2022 | -14.93 Mn |
| Dec 31, 2021 | -17.11 Mn |
| Sep 30, 2021 | 21.04 Mn |
National Fuel Gas Change in Inventory 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=change-in-inventory&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();