National Fuel Gas (NFG) Change in Inventory (2009 - 2026)

National Fuel Gas' (NFG) quarterly Change in Inventory came in at -$10.3 million in Q1 2026, up 41.75% year-on-year from -$7.3 million in Q1 2025, and up 32.12% quarter-over-quarter from -$15.2 million in Q4 2025.

National Fuel Gas (NFG) Change in Inventory (2009 - 2026) Analysis & Trends

National Fuel Gas has disclosed Change in Inventory across 18 years of filings, most recently posting -$10.3 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at -$10.3 million, up 41.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.8 million (up 196.0% YoY), and the FY2025 annual result was $1.4 million, up 179.29% from the prior year.
  • Change in Inventory came in at -$10.3 million for Q1 2026 at National Fuel Gas, up from -$15.2 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $21.0 million in Q3 2022 to a low of -$18.8 million in Q1 2024.
  • The 5-year median for Change in Inventory is -$5.6 million (2022), against an average of -$201411.8.
  • Across the five-year window, Change in Inventory jumped 67.14% in 2022 and tumbled 49.05% in 2025, its largest moves.
  • National Fuel Gas' Change in Inventory stood at -$5.6 million in 2022, then dropped by 23.0% to -$6.9 million in 2023, then slumped by 47.22% to -$10.2 million in 2024, then sank by 49.05% to -$15.2 million in 2025, then soared by 32.12% to -$10.3 million in 2026.
  • The last three Change in Inventory figures came in at -$10.3 million (Q1 2026), -$15.2 million (Q4 2025), and $20.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -
4 Shell 546.31 Bn 505.07 Bn - -6.69 Bn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn -
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn -
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 National Fuel Gas 7.36 Bn 7.33 Bn 650.52 Mn -10.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.30 Mn
Mar 31, 2026 -10.30 Mn
Dec 31, 2025 -15.17 Mn
Dec 31, 2025 -15.17 Mn
Sep 30, 2025 20.18 Mn
Sep 30, 2025 20.18 Mn
Jun 30, 2025 9.06 Mn
Jun 30, 2025 9.06 Mn
Mar 31, 2025 -17.68 Mn
Mar 31, 2025 -17.68 Mn
Dec 31, 2024 -10.18 Mn
Dec 31, 2024 -10.18 Mn
Sep 30, 2024 17.24 Mn
Sep 30, 2024 17.24 Mn
Jun 30, 2024 6.69 Mn
Jun 30, 2024 6.69 Mn
Mar 31, 2024 -18.76 Mn
Mar 31, 2024 -18.76 Mn
Dec 31, 2023 -6.92 Mn
Dec 31, 2023 -6.92 Mn