National Fuel Gas (NFG) Operating Income (2009 - 2026)
National Fuel Gas (NFG) posted Operating Income of $347.1 million for Q1 2026, up 25.72% sequentially from $276.1 million in Q4 2025, and up 9.42% YoY from $317.3 million in Q1 2025.
National Fuel Gas (NFG) Operating Income (2009 - 2026) Analysis & Trends
National Fuel Gas (NFG) has 18 years of Operating Income data on file, last reported at $347.1 million in Q1 2026.
- Quarterly Operating Income rose 9.42% year-over-year to $347.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 564.77% YoY) and the FY2025 annual result came in at $813.5 million, up 287.87% from the prior year.
- Operating Income rose to $347.1 million in Q1 2026 per NFG's latest filing, from $276.1 million in the prior quarter.
- The five-year high for Operating Income was $347.1 million in Q1 2026, with the low at -$196.6 million in Q3 2024.
- Average Operating Income over 5 years is $176.8 million, with a median of $207.1 million recorded in 2023.
- Year-over-year, Operating Income sank 256.88% in 2024 and surged 547.61% in 2025.
- National Fuel Gas' Operating Income stood at $254.4 million in 2022, then dropped by 18.58% to $207.1 million in 2023, then plunged by 58.38% to $86.2 million in 2024, then soared by 220.36% to $276.1 million in 2025, then advanced by 25.72% to $347.1 million in 2026.
- Business Quant data shows NFG's Operating Income at $347.1 million in Q1 2026, $276.1 million in Q4 2025, and $179.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 7.85 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 8.49 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 32,038.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 12.67 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | 8.78 Bn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 347.14 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -250.56 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | -4.06 Mn |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | -1.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 347.14 Mn |
| Dec 31, 2025 | 276.12 Mn |
| Sep 30, 2025 | 179.77 Mn |
| Jun 30, 2025 | 230.25 Mn |
| Mar 31, 2025 | 317.25 Mn |
| Dec 31, 2024 | 86.19 Mn |
| Sep 30, 2024 | -196.57 Mn |
| Jun 30, 2024 | -51.44 Mn |
| Mar 31, 2024 | 250.62 Mn |
| Dec 31, 2023 | 207.11 Mn |
| Sep 30, 2023 | 125.30 Mn |
| Jun 30, 2023 | 154.10 Mn |
| Mar 31, 2023 | 221.38 Mn |
| Dec 31, 2022 | 254.37 Mn |
| Sep 30, 2022 | 177.80 Mn |
| Jun 30, 2022 | 180.70 Mn |
| Mar 31, 2022 | 246.37 Mn |
| Dec 31, 2021 | 209.66 Mn |
| Sep 30, 2021 | 132.27 Mn |
| Jun 30, 2021 | 150.07 Mn |