NFG 📈 National Fuel Gas - Overview

National Fuel Gas Company is a diversified energy entity with a multifaceted operational structure, comprising four distinct segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment is tasked with the discovery, development, and extraction of natural gas and oil reserves, leveraging its expertise to optimize resource utilization. This segment plays a critical role in ensuring a stable supply of energy resources, which are then channeled into various downstream operations.

The Pipeline and Storage segment is responsible for the transportation of natural gas across interstate pipelines, primarily within Pennsylvania and New York, utilizing an integrated gas pipeline system. Additionally, this segment offers storage services through its network of underground natural gas storage fields, providing a critical infrastructure for the temporary holding of gas supplies. This capability enables the company to manage seasonal fluctuations in demand and maintain a reliable supply chain for its customers, including National Fuel Gas Distribution Corporation, as well as other utilities, industrial concerns, and power generation entities in New York State.

The Gathering segment focuses on the construction, ownership, and operation of gathering facilities, predominantly in the Appalachian region. These facilities are essential for the collection of natural gas from production sites, which is then transported to processing plants or directly into the pipeline network. The Gathering segment also extends its services to Seneca, further solidifying its position within the regional energy infrastructure. By managing these gathering operations, National Fuel Gas Company ensures the efficient movement of natural gas from the point of production to the point of consumption.

The Utility segment is centered on the retail sale of natural gas to end-users, coupled with the provision of comprehensive natural gas utility services. This segment serves a diverse customer base across Buffalo, Niagara Falls, and Jamestown in New York, as well as Erie and Sharon in Pennsylvania. By delivering natural gas directly to residential, commercial, and industrial customers, National Fuel Gas Company fulfills a fundamental role in meeting the energy needs of local communities, underpinning economic activity and enhancing the quality of life for its service area residents.

With a history dating back to its incorporation in 1902, National Fuel Gas Company has evolved into a stalwart player in the energy sector, with its headquarters located in Williamsville, New York. The company's web presence is maintained at https://www.nationalfuel.com, offering a gateway to information on its operations, services, and corporate profile. Listed on the New York Stock Exchange (NYSE) under the ticker symbol NFG, with the ISIN US6361801011, National Fuel Gas Company's common stock is classified under the Gas Utilities sub-industry within the GICS sectoral framework, reflecting its specialized role in the energy landscape.