National Fuel Gas Company (NFG) Q2 FY26 earnings call

National Fuel Gas delivered solid Q2 FY26 results, marked by a 13% increase in adjusted EPS and strong free cash flow generation, driven by strategic hedging and operational resiliency during severe weather. The company is advancing significant infrastructure projects, including the Line N system upgrade and the Ohio LDC acquisition, which are set to bolster regulated earnings. Despite a slight reduction in production guidance due to weather and older well performance, and lower NYMEX price assumptions, the company maintains its multi-year EPS growth target and is expanding its market access f