NATIONAL FUEL GAS CO
For the period ended Sep 30, 2025. Filed Nov 21, 2025.
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FY2025 · Filed Nov 21, 2025
NFG$74.66+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheet at September 30, 202 and
CONSOLIDATED BALANCE SHEETS
| At September 30 | ||
|---|---|---|
| 2025 | 2024 | |
| (Thousands of dollars) | ||
| ASSETS | ||
| Property, Plant and Equipment | $15,406,329 | $14,524,798 |
| Less — Accumulated Depreciation, Depletion and Amortization | 7,693,687 | 7,185,593 |
| 7,712,642 | 7,339,205 | |
| Current Assets | ||
| Cash and Temporary Cash Investments | 43,166 | 38,222 |
| Receivables — Net of Allowance for Uncollectible Accounts of $17,099 and $26,194, Respectively | 180,801 | 127,222 |
| Unbilled Revenue | 16,219 | 15,521 |
| Gas Stored Underground | 33,468 | 35,055 |
| Materials and Supplies - at average cost | 50,545 | 47,670 |
| Unrecovered Purchased Gas Costs | 5,769 | — |
| Other Current Assets | 80,759 | 92,229 |
| 410,727 | 355,919 | |
| Other Assets | ||
| Recoverable Future Taxes | 89,247 | 80,084 |
| Unamortized Debt Expense | 6,236 | 5,604 |
| Other Regulatory Assets | 135,486 | 108,022 |
| Deferred Charges | 73,941 | 69,662 |
| Other Investments | 68,346 | 81,705 |
| Goodwill | 5,476 | 5,476 |
| Prepaid Pension and Post-Retirement Benefit Costs | 169,228 | 180,230 |
| Fair Value of Derivative Financial Instruments | 39,388 | 87,905 |
| Other | 8,387 | 5,958 |
| 595,735 | 624,646 | |
| Total Assets | $8,719,104 | $8,319,770 |
| CAPITALIZATION AND LIABILITIES | ||
| Capitalization: | ||
| Comprehensive Shareholders’ Equity | ||
| Common Stock, $1 Par Value; Authorized - 200,000,000 Shares; Issued and Outstanding - 90,379,095 Shares and 91,005,993 Shares, Respectively | $90,379 | $91,006 |
| Paid In Capital | 1,050,918 | 1,045,487 |
| Earnings Reinvested in the Business | 2,012,529 | 1,727,326 |
| Accumulated Other Comprehensive Loss | (59,222) | (15,476) |
| Total Comprehensive Shareholders’ Equity | 3,094,604 | 2,848,343 |
| Long-Term Debt, Net of Current Portion and Unamortized Discount and Debt Issuance Costs | 2,382,861 | 2,188,243 |
| Total Capitalization | 5,477,465 | 5,036,586 |
| Current and Accrued Liabilities | ||
| Notes Payable to Banks and Commercial Paper | 150,200 | 90,700 |
| Current Portion of Long-Term Debt | 300,000 | 500,000 |
| Accounts Payable | 184,046 | 165,068 |
| Amounts Payable to Customers | 968 | 42,720 |
| Dividends Payable | 48,353 | 46,872 |
| Interest Payable on Long-Term Debt | 14,393 | 27,247 |
| Customer Advances | 17,188 | 19,373 |
| Customer Security Deposits | 29,853 | 36,265 |
| Other Accruals and Current Liabilities | 174,689 | 162,903 |
| Fair Value of Derivative Financial Instruments | 6,074 | 4,744 |
| 925,764 | 1,095,892 | |
| Other Liabilities | ||
| Deferred Income Taxes | 1,225,262 | 1,111,165 |
| Taxes Refundable to Customers | 306,335 | 305,645 |
| Cost of Removal Regulatory Liability | 307,659 | 292,477 |
| Other Regulatory Liabilities | 121,944 | 151,452 |
| Pension and Other Post-Retirement Liabilities | 5,252 | 3,511 |
| Asset Retirement Obligations | 236,787 | 203,006 |
| Other Liabilities | 112,636 | 120,036 |
| 2,315,875 | 2,187,292 | |
| Commitments and Contingencies (Note L) | — | — |
| Total Capitalization and Liabilities | $8,719,104 | $8,319,770 |
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