NATIONAL FUEL GAS COMPANY NFG Income Statement

National fuel gas company (NFG)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Jun'09
INCOME
Revenues
1,585	1,647	1,693	1,689	1,674	1,663	1,592	1,590	1,595	1,577	1,579	1,585	1,572	1,499	1,452	1,461	1,465	1,612	1,760	1,826	1,926	2,086	2,113	2,085	2,085	1,926	1,829	1,803	1,692	1,647	1,626	1,599	1,651	1,760	1,778	1,779	1,750	1,757	1,760	1,841	0	0	0
Operating Expenses:
Purchased Gas
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property, Franchise and Other Taxes
88	88	88	88	87	87	84	84	85	85	84	84	82	81	81	82	85	88	89	90	89	90	90	87	86	83	82	83	82	90	90	88	88	81	81	81	80	76	75	75	0	0	0
Depreciation, Depletion and Amortization
298	286	275	264	253	249	240	233	227	223	224	224	228	235	249	264	285	303	336	369	386	393	383	366	357	347	326	312	298	281	271	255	238	235	226	219	213	199	191	185	0	0	0
Impairment of Oil and Gas Producing Properties
0	-	-	-	0	-	-	-	-	-	-	-	-	-	948	1,332	1,838	1,561	1,126	709	120	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses
-	1,149	-	1,176	-	1,131	1,072	1,027	1,023	1,005	986	1,038	1,104	1,438	1,868	2,285	2,824	2,689	2,371	2,008	1,492	1,517	1,543	1,521	1,520	1,379	1,311	1,275	1,201	1,186	1,178	1,183	1,231	1,318	1,337	1,339	1,315	1,325	1,320	1,387	0	0	0
Operating Income (Loss)
320	498	511	512	513	531	519	563	572	571	593	546	468	61	-416	-824	-1,358	-1,077	-611	-182	433	569	569	564	564	547	517	528	491	460	448	415	420	442	441	439	434	432	440	453	0	0	0
Other Income (Expense):
Income (Loss) from Unconsolidated Subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	0	0
Gain on Sale of Unconsolidated Subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Other Income
-	-	-	-	-	-	-	-	-	-	-	7	7	9	9	10	11	9	8	7	6	10	9	7	7	3	4	4	4	5	5	5	6	7	5	7	6	5	6	3	0	0	0
Interest Income
-	-	-	-	-	-	-	-	-	-	-	4	4	4	4	4	4	4	3	4	4	4	4	3	3	3	4	3	3	3	3	3	3	3	2	2	3	3	3	3	0	0	0
Other Income (Deductions)
-20	-8	-15	-17	-20	-27	-21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense on Long-Term Debt
101	101	101	104	106	108	110	111	113	115	116	116	115	116	117	117	110	103	95	89	89	89	90	90	91	91	90	88	87	84	82	78	74	72	73	77	81	85	87	86	0	0	0
Other Interest Expense
5	5	5	4	4	4	3	3	3	2	3	2	2	3	3	4	3	4	3	4	4	3	4	4	4	3	3	4	3	4	4	3	3	3	4	5	6	6	6	7	0	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
192	381	389	385	382	392	384	390	404	416	444	439	361	-44	-523	-930	-1,457	-1,171	-698	-263	351	491	489	480	479	458	432	444	409	380	370	343	352	427	422	416	406	348	356	368	0	0	0
Income Tax Expense (Benefit)
100	93	85	90	88	96	-7	-8	8	22	160	164	137	-31	-232	-414	-639	-518	-319	-129	128	189	189	190	195	184	172	183	163	153	150	135	139	167	164	162	157	135	137	139	0	0	0
Income from Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	219	0	0	0	-
Income from Discontinued Operations, Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	0	-
Net Income (Loss) Attributable to Parent
91	288	304	295	294	295	391	399	395	393	283	275	224	-12	-290	-516	-817	-653	-379	-134	223	301	299	289	283	274	260	260	245	227	220	208	212	260	258	259	255	219	225	230	0	0	0
EARNINGS REINVESTED IN THE BUSINESS
Beginning Retained Earnings Unappropriated And Current Period Net Income
1,512	1,560	1,403	1,717	1,550	1,394	1,243	1,756	1,499	1,244	959	951	782	663	812	-1,150	-500	449	1,234	1,746	2,010	1,916	1,742	2,040	1,876	1,716	1,566	1,797	1,658	1,533	1,426	1,653	1,562	1,466	1,321	1,572	1,426	1,283	1,174	4,135	0	0	0
Dividends on Common Stock
150	149	148	147	146	145	144	143	142	141	140	139	137	136	135	134	133	132	131	130	129	128	127	126	125	124	123	122	121	120	119	118	117	116	115	114	113	112	110	109	0	0	0
Cumulative Effect of Adoption of Authoritative Guidance for Stock-Based Compensation
-	-	-	-	-	-	-	-	-	-	-	31	31	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Common Share, Basic:
Income from Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.40	0.52	0.98	0.80	-
Income from Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	0.00	0.01	0.00	-
Net Income (Loss) Available for Common Stock (in dollars per share)
-1.23	1.00	0.55	0.74	1.05	1.19	0.44	0.73	1.07	2.32	0.53	0.70	1.05	1.04	0.44	0.10	-1.74	-2.23	-2.24	-3.47	0.20	1.01	0.68	0.77	1.14	0.98	0.57	0.70	1.03	0.81	0.59	0.52	0.81	0.73	0.45	0.57	1.40	0.71	0.47	0.52	0.99	0.80	0.54
Earnings Per Common Share, Diluted:
Income from Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.40	0.51	0.96	0.78	-
Income from Discontinued Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	0.00	0.01	0.00	-
Net Income (Loss) Available for Common Stock (in dollars per share)
-1.23	1.00	0.56	0.73	1.04	1.18	0.44	0.73	1.06	2.30	0.53	0.69	1.04	1.04	0.44	0.10	-1.74	-2.23	-2.26	-3.44	0.20	1.00	0.67	0.76	1.12	0.97	0.56	0.69	1.02	0.81	0.57	0.52	0.81	0.73	0.45	0.56	1.38	0.70	0.47	0.51	0.97	0.78	0.53
Weighted Average Common Shares Outstanding:
Used in Basic Calculation (shares)
86	86	86	86	86	86	85	85	85	85	85	85	85	85	85	84	84	84	84	84	84	84	84	84	83	83	83	83	83	83	83	83	83	82	82	82	82	82	81	81	81	80	79
Used in Diluted Calculation (shares)
86	86	86	86	86	86	86	86	86	86	86	86	86	85	84	85	84	84	82	85	85	85	85	84	84	84	84	84	84	84	83	83	83	83	83	83	83	83	82	82	82	82	80
Dividends Per Common Share:
Dividends Declared (in dollars per share)
0.43	0.43	-	0.43	0.42	0.42	-	0.42	0.41	0.41	-	0.41	0.40	0.40	-	0.40	0.39	0.39	-	0.39	0.38	0.38	-	0.38	0.37	0.37	-	0.37	0.36	0.36	-	0.36	0.35	-	-	-	-	-	-	-	-	-	-
Utility and Energy Marketing [Member]
Revenues
741	816	860	874	877	858	812	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and Maintenance
173	170	171	170	170	168	168	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	456	457	442	442	428	413	409	401	402	404	403	400	398	398	398	394	398	0	0	0
Exploration and Production and Other [Member]
Revenues
649	639	636	614	591	593	569	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and Maintenance
151	151	147	143	138	137	139	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pipeline and Storage and Gathering [Member]
Revenues
194	190	195	200	205	211	210	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operation and Maintenance
112	112	111	113	110	105	101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchased Gas [Member]
Purchased Gas
-	339	-	396	-	382	337	0	0	0	-	-	242	176	-	152	155	264	349	373	433	565	605	610	619	506	460	451	406	405	415	437	499	597	628	639	623	650	658	728	0	0	0
Guidance for Hedging [Member]
Cumulative Effect of Adoption of Authoritative Guidance
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Guidance for Recognition and Measurement of Financial Assets and Liabilities [Member]
Cumulative Effect of Adoption of Authoritative Guidance
0	0	7	7	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Guidance for Reclassification of Stranded Tax Effects [Member]
Cumulative Effect of Adoption of Authoritative Guidance
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-