National Fuel Gas raises fiscal 2025 EPS outlook as Q2 earnings per share rise 32%
National Fuel Gas reported second-quarter fiscal 2025 GAAP net income of $216 million, or $2.37 per share, up 32% per share from the prior year. The company raised its fiscal 2025 adjusted earnings per share guidance to $6.75 to $7.05 from $6.50 to $7.00, citing the second-quarter results and higher expected production in its Exploration and Production segment. The guidance assumes NYMEX natural gas prices average $3.50 per MMBtu for the remaining six months of the fiscal year.
Key points
- GAAP net income of $216 million, or $2.37 per share, versus $1.80 per share a year earlier; adjusted operating results were $2.39 per share, up 34%.
- Fiscal 2025 adjusted EPS guidance raised to $6.75 to $7.05 from $6.50 to $7.00, a $0.15 increase at the midpoint.
- Seneca produced a record 105.5 Bcf of natural gas, up 3% from the prior year.
- Utility segment net income rose 44% per share to $0.70, driven by the New York jurisdiction's 2024 rate settlement.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.