National Fuel Gas plans to spin off its upstream and gathering unit

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Go back to National Fuel Gas plans to spin off its upstream and gathering unit

National Fuel Gas Company Announces Plan to Separate Its Integrated Upstream and Gathering Business

October 14, 2026 6:30 AM EDT

Separation to Create Two High-Quality Public Companies, Each with Strong Financial Profiles, Distinct Growth Strategies and Long-Term Value Creation Opportunities

National Fuels Integrated Upstream and Gathering business (IUG) will become an independent public company focused solely on its highly integrated, Appalachian upstream and gathering natural gas assets.Post-separation, National Fuel will be a 100% rate-regulated natural gas company with utility as well as interstate pipeline and storage assets across Ohio, New York, and Pennsylvania.The separation is expected to be completed in the second half of 2027 and effected through a tax-free distribution of at... More