NATIONAL FUEL GAS CO (NFG)

Overview

National Fuel Gas Company operates as a diversified energy provider with a long-standing history since its incorporation in 1902. Headquartered in Williamsville, New York, the company has established itself through its comprehensive portfolio that encompasses four primary segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. These segments allow the company to manage and deliver a wide range of energy resources effectively.

Products and Services

• Exploration and Production: This segment is focused on exploring, developing, and producing natural gas and oil. The company employs advanced techniques and industry expertise to ensure efficient resource extraction while adhering to environmental guidelines.
• Pipeline and Storage: Providing a vital interstate transportation network, this segment operates an integrated gas pipeline system primarily in Pennsylvania and New York. It offers storage services utilizing underground natural gas storage fields, ensuring reserves are available during fluctuations in demand, and also transports and stores natural gas for various stakeholders, including utility companies and industrial clients.
• Gathering: In the Appalachian region, this segment specializes in the construction, ownership, and operation of gathering facilities. It plays a crucial role in collecting natural gas from various sources and delivering it to processing facilities, while also providing dedicated gathering services to partners such as Seneca.
• Utility: Serving a broad customer base, this segment focuses on the sale and distribution of natural gas to retail consumers. The Utility division provides essential natural gas utility services in several communities, including Buffalo, Niagara Falls, and Jamestown, New York, as well as Erie and Sharon, Pennsylvania, ensuring reliability and responsiveness to customer needs.