National Fuel Gas (NFG) Notes Payables (2011 - 2026)
National Fuel Gas (NFG) recorded Notes Payables of $41.3 million in fiscal Q2 2026 (quarter ended Mar 31, 2026), down 80.2% from $208.4 million a year earlier and down 54.1% from the prior quarter.
National Fuel Gas (NFG) Notes Payables (2011 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), National Fuel Gas reported Notes Payables of $150.2 million, up 65.6% from FY2024.
- Annual Notes Payables has a five-year compound annual growth rate of 38.0% (FY2020 to FY2025).
- Across earlier fiscal years, Notes Payables came in at $90.7 million in FY2024 (-68.5%), $287.5 million in FY2023 (+379.2%), $60 million in FY2022 (-62.1%) and $158.5 million in FY2021 (+428.3%).
- The fiscal Q2 2026 figure is the lowest quarterly Notes Payables since fiscal Q1 2021.
- On a year-over-year basis, Notes Payables rose in 1 of the last six quarters, with an average decline of 32.8%.
- Peak year-over-year performance for Notes Payables in the last five years was growth of 564.0% in fiscal Q1 2022, against a decline of 80.2% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $90 million (Q1 2026), $150.2 million (Q4 2025) and $61.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 733.08 Bn | 689.56 Bn | - |
| 2 | Chevron | 437.96 Bn | 410.08 Bn | 33.45 Bn |
| 3 | Shell | 307.87 Bn | 237.61 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 196.20 Bn | 76.78 Bn | 61.77 Bn |
| 5 | Conocophillips | 174.48 Bn | 147.19 Bn | 12.81 Bn |
| 6 | Equinor Asa | 116.58 Bn | 31.04 Bn | - |
| 7 | Phillips 66 | 115.37 Bn | 103.16 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 112.25 Bn | 109.26 Bn | 8.84 Bn |
| 9 | Suncor Energy | 94.23 Bn | 79.98 Bn | - |
| 10 | National Fuel Gas | 7.50 Bn | 5.92 Bn | 507.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 41.30 Mn |
| Dec 31, 2025 | 90.00 Mn |
| Sep 30, 2025 | 150.20 Mn |
| Jun 30, 2025 | 61.50 Mn |
| Mar 31, 2025 | 208.40 Mn |
| Dec 31, 2024 | 200.00 Mn |
| Sep 30, 2024 | 90.70 Mn |
| Mar 31, 2024 | 278.90 Mn |
| Dec 31, 2023 | 300.00 Mn |
| Sep 30, 2023 | 287.50 Mn |
| Jun 30, 2023 | 138.50 Mn |
| Mar 31, 2023 | 410.00 Mn |
| Dec 31, 2022 | 250.00 Mn |
| Sep 30, 2022 | 60.00 Mn |
| Jun 30, 2022 | 400.00 Mn |
| Mar 31, 2022 | 218.00 Mn |
| Dec 31, 2021 | 166.00 Mn |
| Sep 30, 2021 | 158.50 Mn |
| Dec 31, 2020 | 25.00 Mn |
| Sep 30, 2020 | 30.00 Mn |
National Fuel Gas Notes Payables 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=notes-payables&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();