National Fuel Gas (NFG) Tops Q1 EPS by 11c

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National Fuel Reports Second Quarter Earnings

April 30, 2015 5:05 PM EDT

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- National Fuel Gas Company (National Fuel or the Company) (NYSE: NFG) today announced consolidated earnings for the second quarter of its 2015 fiscal year and for the six months ended March 31, 2015, of $16.7 million, or $0.20 per share, and $101.4 million, or $1.19 per share, respectively.

HIGHLIGHTS

Earnings for the current quarter and six months ended March 31, 2015 were reduced by a $69.5 million non-cash charge to writedown the value of Seneca Resources Corporations (Seneca) oil and natural gas reserves. Excluding Senecas writedown and other items impacting comparability,... More