Referenced Stocks

National Fuel Reports Weaker Q3 2012 Earnings; Narrows Fiscal 2012 Guidance

By Midnight Trader,  August 03, 2012, 07:13:38 AM EDT

National Fuel Gas Company ( NFG ) reported earnings of $43.2 million or $0.52 per share for the third quarter of fiscal 2012. This compares to $46.9 million or $0.56 per share in the prior year's third quarter.

The decrease is mainly due to lower earnings in the exploration and production, utility and energy marketing segments, offset by higher earnings in the pipeline and Storage segment and the all other category.

The company also updated its GAAP earnings guidance range for fiscal 2012 to reflect actual results for the nine months ended June 30, 2012. The revised GAAP earnings guidance range is $2.38 to $2.48 per share.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: NFG



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