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National Fuel reports fiscal 2026 EPS of $7.02, plans to spin off upstream business in 2027

Company Fundamentals
04 Nov 2026, 23:45 WIB
GlobeNewsWire
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Bullish
National Fuel reports fiscal 2026 EPS of $7.02, plans to spin off upstream business in 2027

National Fuel Gas Company reported fiscal 2026 GAAP earnings per share of $7.02, up from $5.68 in 2025, with adjusted EPS rising 9% to $7.55. The company completed the acquisition of CenterPoint Energy's Ohio gas utility, doubling its utility rate base and adding 335,000 customers. It also announced plans to spin off its Integrated Upstream and Gathering business into a standalone public company named Seneca Resources, expected in the second half of 2027. This strategic move aims to create two focused, financially strong natural gas businesses, with National Fuel becoming a fully regulated utility company and Seneca Resources focusing on Appalachian gas production and growth.

National Fuel's fiscal 2026 earnings provide context for energy sector activity on Pluang. For readers following the energy sector, here is Pluang's market snapshot as of Nov 05, 2026 04:13 WIB: out of 79 priced US energy stocks, 12 rose and 66 fell. Notable movers include Kosmos Energy Ltd. down 15.44% at USD 2.19 with 88% sell orders, SM Energy Company down 15.30% at USD 31.06 with 100% buy orders, and Nextpower Inc. up 12.42% at USD 107.95 with 56% sell orders.

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