National Fuel Gas publishes fourth-quarter fiscal 2026 earnings call transcript
NFG•National Fuel Gas’ fiscal 2027 earnings guidance is $6.00-$6.40 per share, compared with adjusted earnings of $7.55 a year earlier. Seneca production is projected at 400-435 Bcf, and its planned spin-off remains on track for the second half of calendar 2027.
1. Fiscal 2027 outlook
National Fuel Gas’ fourth-quarter fiscal 2026 earnings call featured CEO David Bauer, CFO Timothy Silverstein and Seneca President Justin Loweth. Fiscal 2027 earnings guidance is $6.00-$6.40 per share, reflecting lower natural gas prices, versus adjusted earnings of $7.55 a year earlier.
2. Seneca and utility plans
Seneca production is projected at 400-435 Bcf, roughly flat year over year, with development changes expected to restore growth beginning in fiscal 2028. The planned Seneca Resources spin-off remains on track for the second half of calendar 2027, potentially toward the earlier part. Utility operating income is expected to double in fiscal 2027, reflecting the full-year contribution from the Ohio acquisition closed October 1.
