National Fuel Gas (NFG) Operating Expenses (2009 - 2026)

National Fuel Gas has reported Operating Expenses for 18 years, with the latest figure at $328.6 million in Q2 2026.

• Quarterly Operating Expenses rose 8.95% year-over-year to $328.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.5 billion (down 14.0% YoY) and the FY2025 annual result came in at $1.5 billion, down 15.62% from the prior year.
• Operating Expenses declined to $328.6 million in Q2 2026 per NFG's latest filing, from $511.2 million in the prior quarter.
• Over five years, Operating Expenses peaked at $568.6 million in Q3 2024 and troughed at $243.6 million in Q3 2023.
• A 5-year average of $382.2 million and a median of $377.3 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 133.39% in 2024, then sank 49.61% in 2025.
• Over 5 years, Operating Expenses stood at $404.5 million in 2022, then declined by 21.32% to $318.3 million in 2023, then surged by 45.57% to $463.3 million in 2024, then decreased by 18.97% to $375.4 million in 2025, then fell by 12.47% to $328.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $328.6 million, $511.2 million, and $375.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.