NFG - National Fuel Gas Company

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NFG Profile

National Fuel Gas Company operates as a versatile energy enterprise, divided into four primary segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The company's Exploration and Production segment is actively involved in the exploration, development, and extraction of natural gas and oil resources. Its operations span California and the Appalachian region of the United States, boasting substantial proven reserves as of September 30, 2022, including significant volumes of natural gas and oil.

The Pipeline and Storage segment of National Fuel Gas facilitates interstate natural gas transportation and storage services through an extensive integrated pipeline network across Pennsylvania and New York. Additionally, the company owns and manages underground natural gas storage fields, enhancing operational flexibility and reliability. This segment plays a pivotal role in transporting natural gas for National Fuel Gas Distribution Corporation and other utilities, industrial entities, and power producers throughout New York State.

In the Gathering segment, National Fuel Gas constructs, owns, and operates natural gas processing facilities and pipeline gathering infrastructure in the Appalachian region. It provides essential gathering services to Seneca, contributing to efficient gas transportation and processing. Serving as a vital energy provider, the Utility segment of National Fuel Gas supplies natural gas and utility services to approximately 754,000 customers across multiple cities including Buffalo, Niagara Falls, and Jamestown in New York, as well as Erie and Sharon in Pennsylvania. Founded in 1902 and headquartered in Williamsville, New York, National Fuel Gas Company maintains a robust legacy of over a century in the energy sector, committed to sustainable energy solutions and operational excellence.

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