David P. Bauer, President and CEO, stated: “National Fuel (NFG) had a good quarter driven largely by the constructive outcomes in our recent ratemaking activity at our Utility and Pipeline and Storage segments. Commodity prices were challenging for our Upstream business, but the significant gains from our hedge portfolio more than offset the impact of the substantial decline in natural gas prices.”
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Read More on NFG:
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- NFG Earnings this Week: How Will it Perform?
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- National Fuel COO Ronald Kraemer to retire, effective Feb. 1, 2025
- National Fuel price target raised to $83 from $81 at Scotiabank
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