National Fuel cuts fiscal 2026 EPS guidance as quarterly earnings fall
National Fuel Gas reported third-quarter fiscal 2026 GAAP earnings of $138.6 million, or $1.45 per share, down from $149.8 million, or $1.64 per share, a year earlier. It lowered its fiscal 2026 adjusted EPS guidance to $7.40 to $7.60 from $7.45 to $7.75, which matters to shareholders because the company's headline earnings measures declined and the outlook was reduced.
Key points
- Q3 GAAP EPS was $1.45 versus $1.64 a year earlier; adjusted EPS was $1.54 versus $1.64.
- Fiscal 2026 adjusted EPS guidance was revised to $7.40 to $7.60, from $7.45 to $7.75 previously.
- Integrated Upstream and Gathering production guidance was cut to 420 to 430 Bcf from 425 to 440 Bcf.
- The Board approved a 4% dividend increase to an annual rate of $2.22 per share, and the Ohio utility acquisition is expected to close on October 1, 2026.
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 July 30, 2026.
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.