National Fuel Gas NYSE: NFG plans to separate its integrated upstream and gathering business into a standalone publicly traded company through a tax-free spinoff to shareholders, a transaction the company expects to complete in the second half of calendar 2027.
NFG weighs a split of its upstream and gathering business to sharpen its focus on regulated utility, pipeline and storage.
U.S. energy firm National Fuel Gas is exploring strategic options for its integrated natural gas production business, with any deal set to value the unit at around $5 billion, five people familiar with the matter said.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | David Bauer CEO | XFRA Exchange | 636180101 CUSIP |
| US Country | 2,322 Employees | 30 Sep 2026 Last Dividend | 10 Sep 2001 Last Split | 1 Sep 1987 IPO Date |
National Fuel Gas Company, established in 1902 and headquartered in Williamsville, New York, stands as a diversified energy corporation. The company's operations are spread across four primary segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility, each designed to meet a variety of energy needs. From exploring and producing natural gas and oil to transporting natural gas across states, and providing utility services to numerous customers, National Fuel Gas Company integrates various components of the energy supply chain to serve its wide-ranged clientele effectively.