National Fuel Gas (NFG) Retained Earnings (2009 - 2026)
National Fuel Gas' (NFG) quarterly Retained Earnings came in at $2.4 billion in Q2 2026, up 24.19% year-over-year from $2.0 billion in Q2 2025, and up 3.67% quarter-over-quarter from $2.3 billion in Q1 2026.
National Fuel Gas (NFG) Retained Earnings (2009 - 2026) Analysis & Trends
National Fuel Gas has disclosed Retained Earnings across 18 years of filings, most recently posting $2.4 billion for Q2 2026.
- In Q2 2026, Retained Earnings rose 24.19% year-over-year to $2.4 billion; the TTM figure through Jun 2026 stood at $2.4 billion (up 24.19% YoY), while the FY2025 annual figure was $2.0 billion, up 16.51% from the prior year.
- Retained Earnings came in at $2.4 billion for Q2 2026 at National Fuel Gas, up from $2.3 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $2.4 billion in Q2 2026 to a low of $1.4 billion in Q1 2022.
- Average Retained Earnings over 5 years is $1.9 billion, with a median of $1.9 billion recorded in 2023.
- Year-over-year, Retained Earnings jumped 33.64% in 2022 and fell 13.92% in 2024.
- Over 5 years, Retained Earnings stood at $1.7 billion in 2022, then advanced by 15.18% to $2.0 billion in 2023, then slipped by 13.92% to $1.7 billion in 2024, then increased by 26.18% to $2.1 billion in 2025, then increased by 13.19% to $2.4 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were $2.4 billion in Q2 2026, $2.3 billion in Q1 2026, and $2.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 153.22 Bn | 145.53 Bn | 12.81 Bn | 72.92 Bn |
| 2 | Canadian Natural Resources | 100.56 Bn | 98.67 Bn | 8.84 Bn | 25.07 Bn |
| 3 | Eog Resources | 74.16 Bn | 69.25 Bn | - | 33.39 Bn |
| 4 | Diamondback Energy | 53.10 Bn | 58.73 Bn | 5.55 Bn | 6.04 Bn |
| 5 | Devon Energy | 52.37 Bn | 51.36 Bn | 6.02 Bn | 30.05 Bn |
| 6 | Expand Energy | 20.29 Bn | 19.03 Bn | 2.33 Bn | 13.77 Bn |
| 7 | Permian Resources | 18.41 Bn | 18.15 Bn | - | 9.87 Bn |
| 8 | Ovintiv | 16.64 Bn | 15.76 Bn | 2.83 Bn | 2.10 Bn |
| 9 | Apa | 15.35 Bn | 15.83 Bn | 2.28 Bn | 12.74 Bn |
| 10 | National Fuel Gas | 7.60 Bn | 6.37 Bn | 507.62 Mn | 2.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.43 Bn |
| Mar 31, 2026 | 2.34 Bn |
| Dec 31, 2025 | 2.14 Bn |
| Sep 30, 2025 | 2.01 Bn |
| Jun 30, 2025 | 1.95 Bn |
| Mar 31, 2025 | 1.86 Bn |
| Dec 31, 2024 | 1.70 Bn |
| Sep 30, 2024 | 1.73 Bn |
| Jun 30, 2024 | 1.97 Bn |
| Mar 31, 2024 | 2.09 Bn |
| Dec 31, 2023 | 1.97 Bn |
| Sep 30, 2023 | 1.89 Bn |
| Jun 30, 2023 | 1.86 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.71 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.47 Bn |
| Mar 31, 2022 | 1.41 Bn |
| Dec 31, 2021 | 1.28 Bn |
| Sep 30, 2021 | 1.19 Bn |
National Fuel Gas Retained Earnings 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=retained-earnings&ticker=NFG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=NFG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();