National Fuel Gas (NFG) Invested Capital (2010 - 2026)
National Fuel Gas (NFG) posted Invested Capital of $7.5 billion for Q2 2026, up 26.77% sequentially from $5.9 billion in Q1 2026, and up 39.83% YoY from $5.4 billion in Q2 2025.
Analysis
National Fuel Gas (NFG) Invested Capital (2010 - 2026) Analysis & Trends
National Fuel Gas has reported Invested Capital for 17 years, with the latest figure at $7.5 billion in Q2 2026.
- Quarterly Invested Capital rose 39.83% year-over-year to $7.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.5 billion (up 39.83% YoY) and the FY2025 annual result came in at $5.5 billion, up 8.75% from the prior year.
- Invested Capital climbed to $7.5 billion in Q2 2026 per NFG's latest filing, from $5.9 billion in the prior quarter.
- Over five years, Invested Capital peaked at $7.5 billion in Q2 2026 and troughed at $3.9 billion in Q1 2022.
- A 5-year average of $5.2 billion and a median of $5.3 billion in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2026: Invested Capital slipped 16.52% in 2022, then soared 39.83% in 2026.
- Over 5 years, Invested Capital stood at $4.6 billion in 2022, then advanced by 20.3% to $5.6 billion in 2023, then declined by 11.1% to $4.9 billion in 2024, then rose by 14.76% to $5.7 billion in 2025, then surged by 32.07% to $7.5 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $7.5 billion, $5.9 billion, and $5.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 73.08 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 36.67 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 13.18 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 2.78 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 2.83 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 474.24 Mn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 13.74 Mn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | 215.86 Mn |
| 10 | National Fuel Gas | 7.89 Bn | 6.65 Bn | 507.62 Mn | 7.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.49 Bn |
| Mar 31, 2026 | 5.91 Bn |
| Dec 31, 2025 | 5.67 Bn |
| Sep 30, 2025 | 5.48 Bn |
| Jun 30, 2025 | 5.36 Bn |
| Mar 31, 2025 | 5.15 Bn |
| Dec 31, 2024 | 4.94 Bn |
| Sep 30, 2024 | 5.04 Bn |
| Jun 30, 2024 | 5.75 Bn |
| Mar 31, 2024 | 5.69 Bn |
| Dec 31, 2023 | 5.56 Bn |
| Sep 30, 2023 | 5.35 Bn |
| Jun 30, 2023 | 5.32 Bn |
| Mar 31, 2023 | 4.96 Bn |
| Dec 31, 2022 | 4.62 Bn |
| Sep 30, 2022 | 4.16 Bn |
| Jun 30, 2022 | 4.09 Bn |
| Mar 31, 2022 | 3.95 Bn |
| Dec 31, 2021 | 4.74 Bn |
| Sep 30, 2021 | 4.41 Bn |