Below are the financial statements of National Fuel Gas, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Assets | — | — |
Property, plant and equipment | 14,524.8a | 13,635.3a |
Less - accumulated depreciation, depletion and amortization | 7,185.59a | 6,335.44a |
Current assets | — | — |
Cash and temporary cash investments | 38.22a | 55.45a |
Receivables - net of allowance for uncollectible accounts of $26,194 and $36,295, respectively | 127.22a | 160.6a |
Unbilled revenue | 15.52a | 16.62a |
Gas stored underground | 35.06a | 32.51a |
Materials and supplies - at average cost | 47.67a | 48.99a |
Other current assets | 92.23a | 100.26a |
Other assets | — | — |
Recoverable future taxes | 80.08a | 69.05a |
Unamortized debt expense | 5.6a | 7.24a |
Other regulatory assets | 108.02a | 72.14a |
Deferred charges | 69.66a | 82.42a |
Other investments | 81.71a | 73.98a |
Goodwill | 5.48a | 5.48a |
Prepaid pension and post-retirement benefit costs | 180.23a | 200.3a |
Fair value of derivative financial instruments | 87.91a | 50.49a |
Other | 5.96a | 4.89a |
Total assets | 8,319.77a | 8,280.26a |
Capitalization: comprehensive shareholders’ equity | — | — |
Common stock, $1 par value; authorized - 200,000,000 shares; issued and outstanding - 91,005,993 shares and 91,819,405 shares, respectively | 91.01a | 91.82a |
Paid in capital | 1,045.49a | 1,040.76a |
Earnings reinvested in the business | 1,727.33a | 1,885.86a |
Accumulated other comprehensive loss | -15.48a | -55.06a |
Total comprehensive shareholders’ equity | 2,848.34a | 2,963.38a |
Capitalization and liabilities | — | — |
Long-term debt, net of current portion and unamortized discount and debt issuance costs | 2,188.24a | 2,384.49a |
Total capitalization | 5,036.59a | 5,347.86a |
Current and accrued liabilities | — | — |
Notes payable to banks and commercial paper | 90.7a | 287.5a |
Current portion of long-term debt | 500a | 0a |
Accounts payable | 165.07a | 152.19a |
Amounts payable to customers | 42.72a | 59.02a |
Dividends payable | 46.87a | 45.45a |
Interest payable on long-term debt | 27.25a | 20.4a |
Customer advances | 19.37a | 21a |
Customer security deposits | 36.27a | 28.76a |
Other accruals and current liabilities | 162.9a | 160.97a |
Fair value of derivative financial instruments | 4.74a | 31.01a |
Other liabilities | — | — |
Deferred income taxes | 1,111.17a | 1,124.17a |
Taxes refundable to customers | 305.65a | 268.56a |
Cost of removal regulatory liability | 292.48a | 277.69a |
Other regulatory liabilities | 151.45a | 165.44a |
Other post-retirement liabilities | 3.51a | 2.92a |
Asset retirement obligations | 203.01a | 165.49a |
Other liabilities | 120.04a | 121.81a |
Commitments and contingencies | 0a | 0a |
Total capitalization and liabilities | 8,319.77a | 8,280.26a |
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