National Fuel Gas Company (NFG) Q3 FY26 earnings call

National Fuel Gas Company reported Q3 FY26 adjusted EPS of $1.54, slightly below prior year due to lower upstream production. The company unveiled a compelling long-term outlook, projecting 7% to 10% annual EPS growth and $1 billion to $1.5 billion in free cash flow through FY29, driven by regulated business expansions, the Ohio utility acquisition, and upstream capital efficiency. Despite some operational challenges in Utica well development and political pressure on a Pennsylvania rate case, management expressed strong confidence in its integrated strategy and commitment to shareholder retur