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| Date | Value |
|---|---|
| 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 |