National fuel gas company (NFG)
Income statement / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09Sep'08
INCOME
Revenues

1,693

1,592

1,579

1,452

1,760

2,113

1,829

1,626

1,778

1,760

2,051

2,396

Operating Expenses:
Property, Franchise and Other Taxes

88

84

84

81

89

90

82

90

81

75

72

75

Depreciation, Depletion and Amortization

275

240

224

249

336

383

326

271

226

191

170

169

Impairment of Oil and Gas Producing Properties

-

-

-

948

1,126

0

0

-

-

-

182

0

Total Operating Expenses

1,181

1,072

986

1,868

2,371

1,543

1,311

1,178

1,337

1,320

1,823

1,913

Operating Income (Loss)

511

519

593

-416

-611

569

517

448

441

440

227

483

Other Income (Expense):
Income (Loss) from Unconsolidated Subsidiaries

-

-

-

-

-

-

-

-

-

-

3

6

Gain on Sale of Unconsolidated Subsidiaries

-

-

-

-

-

-

-

-

50

0

0

-

Impairment of Investment in Partnership

-

-

-

-

-

-

-

-

-

-

1

0

Other Income

-

-

-

9

8

9

4

5

5

6

8

7

Interest Income

-

-

-

4

3

4

4

3

2

3

5

10

Other Income (Deductions)

-15

-21

-29

-

-

-

-

-

-

-

-

-

Interest Expense on Long-Term Debt

101

110

116

117

95

90

90

82

73

87

79

70

Other Interest Expense

5

3

3

3

3

4

3

4

4

6

7

3

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

389

384

444

-523

-698

489

432

370

422

356

156

434

Income Tax Expense (Benefit)

85

-7

160

-232

-319

189

172

150

164

137

52

167

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

219

103

266

Income from Operations, Net of Tax

-

-

-

-

-

-

-

-

-

0

-2

1

Gain on Disposal, Net of Tax

-

-

-

-

-

-

-

-

-

6

0

0

Income from Discontinued Operations, Net of Tax

-

-

-

-

-

-

-

-

-

6

-2

1

Net Income (Loss) Attributable to Parent

304

391

283

-290

-379

299

260

220

258

225

100

268

EARNINGS REINVESTED IN THE BUSINESS
Beginning Retained Earnings Unappropriated And Current Period Net Income

1,403

1,243

959

812

1,234

1,742

1,566

1,426

1,321

1,174

1,054

1,252

Share Repurchases

-

-

-

-

-

-

-

-

-

-

-

194

Adoption of Authoritative Guidance for Defined Benefit Pension and Other Post-Retirement Plans

-

-

-

-

-

-

-

-

-

-

-0

0

Dividends on Common Stock

148

144

140

135

131

127

123

119

115

110

105

103

Cumulative Effect of Adoption of Authoritative Guidance for Stock-Based Compensation

-

-

-

0

0

-

-

-

-

-

-

-0

Earnings Per Common Share, Basic:
Income from Continuing Operations

-

-

-

-

-

-

-

-

-

2.70

1.29

3.25

Income from Discontinued Operations

-

-

-

-

-

-

-

-

-

0.08

-0.03

0.02

Net Income (Loss) Available for Common Stock (in dollars per share)

3.53

4.56

3.32

-3.43

-4.50

3.57

3.11

2.65

3.13

2.78

1.26

3.27

Earnings Per Common Share, Diluted:
Income from Continuing Operations

-

-

-

-

-

-

-

-

-

2.65

1.28

3.16

Income from Discontinued Operations

-

-

-

-

-

-

-

-

-

0.08

-0.03

0.02

Net Income (Loss) Available for Common Stock (in dollars per share)

3.51

4.53

3.30

-3.43

-4.50

3.52

3.08

2.63

3.09

2.73

1.25

3.18

Weighted Average Common Shares Outstanding:
Used in Basic Calculation (shares)

86

85

85

84

84

83

83

83

82

81

79

82

Used in Diluted Calculation (shares)

86

86

86

84

84

84

84

83

83

82

80

84

Utility and Energy Marketing [Member]
Revenues

860

812

755

-

-

-

-

-

-

-

-

-

Operation and Maintenance

171

168

169

-

-

-

442

401

400

394

401

429

Exploration and Production and Other [Member]
Revenues

636

569

617

-

-

-

-

-

-

-

-

-

Operation and Maintenance

147

139

141

-

-

-

-

-

-

-

-

-

Pipeline and Storage and Gathering [Member]
Revenues

195

210

206

-

-

-

-

-

-

-

-

-

Operation and Maintenance

111

101

90

-

-

-

-

-

-

-

-

-

Purchased Gas [Member]
Purchased Gas

386

337

275

-

349

605

460

415

628

658

997

1,238

Guidance for Recognition and Measurement of Financial Assets and Liabilities [Member]
Cumulative Effect of Adoption of Authoritative Guidance

7

0

0

-

-

-

-

-

-

-

-

-

Guidance for Reclassification of Stranded Tax Effects [Member]
Cumulative Effect of Adoption of Authoritative Guidance

10

0

0

-

-

-

-

-

-

-

-

-

Guidance for Stock Based Compensation [Member]
Cumulative Effect of Adoption of Authoritative Guidance

0

0

31

-

-

-

-

-

-

-

-

-