National Fuel Gas Company - Total Corporate

National Fuel Gas Company (NYSE: NFG) - diversified energy holding company with integrated business across three reportable segments (effective Q4 FY2025 reorg): (1) Integrated Upstream and Gathering (Seneca Resources + Midstream Co), (2) Pipeline and Storage (Supply Corp + Empire), (3) Utility (Distribution Corp). Fiscal year ends Sep 30. FY2025 highlights: production up 9% to 427 Bcfe; proved reserves up 5% to 4,980 Bcf gas + 180 Mbbl oil at Sep 30 2025; total capex $918.1M. CenterPoint Ohio gas utility acquisition pending. NPV10 after-tax (SEC Standardized Measure): $2,754M.