National Fuel Gas (NFG) Free Cash Flow (2009 - 2026)
National Fuel Gas' (NFG) quarterly Free Cash Flow came in at $111.0 million in Q2 2026, down 43.17% year-over-year from $195.4 million in Q2 2025, and down 31.36% quarter-over-quarter from $161.7 million in Q1 2026.
National Fuel Gas (NFG) Free Cash Flow (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Free Cash Flow across 18 years of filings, most recently posting $111.0 million for Q2 2026.
- In Q2 2026, Free Cash Flow fell 43.17% year-over-year to $111.0 million; the TTM figure through Jun 2026 stood at $222.3 million (up 19.58% YoY), while the FY2025 annual figure was $187.2 million, up 38.95% from the prior year.
- Free Cash Flow came in at $111.0 million for Q2 2026 at National Fuel Gas, down from $161.7 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $195.4 million in Q2 2025 to a low of -$100.2 million in Q3 2023.
- Average Free Cash Flow over 5 years is $47.9 million, with a median of $56.1 million recorded in 2022.
- Year-over-year, Free Cash Flow soared 323.45% in 2022 and sank 184.72% in 2024.
- Over 5 years, Free Cash Flow stood at $93.9 million in 2022, then plunged by 74.43% to $24.0 million in 2023, then slumped by 184.72% to -$20.3 million in 2024, then jumped by 86.68% to -$2.7 million in 2025, then soared by 4196.24% to $111.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $111.0 million in Q2 2026, $161.7 million in Q1 2026, and -$2.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 4.41 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 6.65 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 3.03 Bn |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 2.59 Bn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 2.36 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 343.00 Mn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 984.25 Mn |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 1.06 Bn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 1.14 Bn |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn | 111.01 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 111.01 Mn |
| Mar 31, 2026 | 161.72 Mn |
| Dec 31, 2025 | -2.71 Mn |
| Sep 30, 2025 | -47.75 Mn |
| Jun 30, 2025 | 195.35 Mn |
| Mar 31, 2025 | 59.95 Mn |
| Dec 31, 2024 | -20.34 Mn |
| Sep 30, 2024 | -49.09 Mn |
| Jun 30, 2024 | 79.51 Mn |
| Mar 31, 2024 | 80.30 Mn |
| Dec 31, 2023 | 24.01 Mn |
| Sep 30, 2023 | -100.17 Mn |
| Jun 30, 2023 | 112.53 Mn |
| Mar 31, 2023 | 120.98 Mn |
| Dec 31, 2022 | 93.87 Mn |
| Sep 30, 2022 | -60.83 Mn |
| Jun 30, 2022 | 51.33 Mn |
| Mar 31, 2022 | 52.21 Mn |
| Dec 31, 2021 | -42.01 Mn |
| Sep 30, 2021 | -119.22 Mn |
National Fuel Gas Free Cash Flow 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=free-cash-flow&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();