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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.63 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 14.53 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 39.60 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 3.13 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 713.89 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 13.85 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 13.18 Bn
10 National Fuel Gas 7.86 Bn 6.63 Bn 507.62 Mn 7.49 Bn

Historic Data

Download Data
DateValue
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