National Fuel Gas (NFG) Announces 3.25M Share Offering of Common Stock

National Fuel Gas Company (NYSE: NFG) (the “Company”) today announced that the Company has commenced an underwritten public offering of 3.25 million shares of the Company’s common stock (the “Common Stock”). The Company is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933. The Company expects to grant the respective underwriters a 30-day option to purchase up to an additional 487,500 shares of Common Stock.

The Company intends to use the net proceeds from the offering for general corporate purposes, which may include the payment of a portion of the purchase price for its previously announced acquisition of certain assets from SWEPI LP (the “Acquisition”). The offering is not contingent upon the consummation of the Acquisition.

J.P. Morgan Securities LLC, BofA Securities and Goldman Sachs & Co. LLC are acting as representatives of the underwriters and joint-book running managers for the offering.

The Company has filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the Securities and Exchange Commission (the “SEC”) for the offering.

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