National Fuel Gas (NFG) Tops Q1 EPS by 4c; Lowers FY20 EPS Guidance, 'Decrease in Expected Earnings due to Decline in Natural Gas Prices'

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Go back to National Fuel Gas (NFG) Tops Q1 EPS by 4c; Lowers FY20 EPS Guidance, 'Decrease in Expected Earnings due to Decline in Natural Gas Prices'

National Fuel Reports First Quarter Earnings

January 30, 2020 4:45 PM EST

WILLIAMSVILLE, N.Y., Jan. 30, 2020 (GLOBE NEWSWIRE) -- National Fuel Gas Company (National Fuel or the Company) (NYSE: NFG) today announced consolidated results for the first quarter of its 2020 fiscal year.

FISCAL 2020 FIRST QUARTER SUMMARY

GAAP earnings of $86.6 million, or $1.00 per share, compared to $102.7 million, or $1.18 per share, in the prior yearAdjusted operating results of $87.4 million, or $1.01 per share, compared to $97.5 million, or $1.12 per share, in the prior year (see non-GAAP reconciliation below)Adjusted EBITDA of $222.9 million, an increase of $3.5 million from $219.4 million in... More