National Fuel Gas (NFG) Misses Q4 EPS by 5c, Revenues Miss; Raises FY18 EPS Mid-Point Outlook Above Consensus

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National Fuel Reports Fourth Quarter and Full Year Fiscal 2018 Earnings

November 1, 2018 5:10 PM EDT

WILLIAMSVILLE, N.Y., Nov. 01, 2018 (GLOBE NEWSWIRE) -- National Fuel Gas Company (National Fuel or the Company) (NYSE: NFG) today announced consolidated results for the three months and fiscal year ended September 30, 2018.

FISCAL 2018 FOURTH QUARTER SUMMARY

GAAP earnings of $38.0 million, or $0.44 per share, compared to $45.6 million, or $0.53 per share, in the prior yearAdjusted operating results of $42.2 million, or $0.49 per share (see reconciliation below)Consolidated Adjusted EBITDA of $143.8 million compared to $142.8 million in the prior year (non-GAAP reconciliation on page 25)Net production of... More