National Fuel Gas (NFG) Invested Capital (2010 - 2026)
National Fuel Gas' (NFG) quarterly Invested Capital came in at $5.9 billion in Q1 2026, up 14.82% year-on-year from $5.1 billion in Q1 2025, and up 4.19% quarter-over-quarter from $5.7 billion in Q4 2025.
National Fuel Gas (NFG) Invested Capital (2010 - 2026) Analysis & Trends
National Fuel Gas has disclosed Invested Capital across 17 years of filings, most recently posting $5.9 billion for Q1 2026.
- Invested Capital for Q1 2026 came in at $5.9 billion, up 14.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.9 billion (up 14.82% YoY), and the FY2025 annual result was $5.5 billion, up 8.75% from the prior year.
- Invested Capital came in at $5.9 billion for Q1 2026 at National Fuel Gas, up from $5.7 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $5.9 billion in Q1 2026 to a low of $3.9 billion in Q1 2022.
- The 5-year median for Invested Capital is $5.3 billion (2023), against an average of $5.1 billion.
- Across the five-year window, Invested Capital retreated 16.52% in 2022 and surged 30.18% in 2023, its largest moves.
- National Fuel Gas' Invested Capital stood at $4.6 billion in 2022, then rose by 20.3% to $5.6 billion in 2023, then slipped by 11.1% to $4.9 billion in 2024, then grew by 14.76% to $5.7 billion in 2025, then gained by 4.19% to $5.9 billion in 2026.
- The last three Invested Capital figures came in at $5.9 billion (Q1 2026), $5.7 billion (Q4 2025), and $5.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (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 | - | 268.91 Bn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 12,582.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | 184.66 Bn |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 228.97 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 23.71 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 3.13 Bn |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 713.89 Mn |
| 10 | National Fuel Gas | 7.36 Bn | 7.33 Bn | 650.52 Mn | 5.91 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 4.64 Bn |