NATIONAL FUEL GAS CO - FORM 10-Q - EX-99 - EXHIBIT 99

file	filename
EX-32 - EXHIBIT 32 - NATIONAL FUEL GAS CO	nfg-3312018xexhibit32.htm
EX-31.2 - EXHIBIT 31.2 - NATIONAL FUEL GAS CO	nfg-3312018xexhibit312.htm
EX-31.1 - EXHIBIT 31.1 - NATIONAL FUEL GAS CO	nfg-3312018xexhibit311.htm
EX-12 - EXHIBIT 12 - NATIONAL FUEL GAS CO	nfg-3312018xexhibit12.htm
10-Q - 10-Q - NATIONAL FUEL GAS CO	nfg-3312018x10q.htm




Exhibit 99

NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)

	Twelve Months Ended
	March 31,
(Thousands of Dollars)	2018			2017

INCOME
Operating Revenues:
Utility and Energy Marketing Revenues	$	803,963		$	724,266
Exploration and Production and Other Revenues	584,292			636,003
Pipeline and Storage and Gathering Revenues	207,611			212,396
	1,595,866			1,572,665

Operating Expenses:
Purchased Gas	327,683			242,505
Operation and Maintenance:
Utility and Energy Marketing	197,743			201,984
Exploration and Production and Other	152,171			139,717
Pipeline and Storage and Gathering	95,113			93,457
Property, Franchise and Other Taxes	85,724			82,974
Depreciation, Depletion and Amortization	227,986			228,113
Impairment of Oil and Gas Producing Properties	—			115,413
	1,086,420			1,104,163

Operating Income	509,446			468,502

Other Income (Expense):
Interest Income	5,397			4,150
Other Income	6,179			7,523
Interest Expense on Long-Term Debt	(113,690		)	(115,997		)
Other Interest Expense	(3,268		)	(2,914		)

Income Before Income Taxes	404,064			361,264

Income Tax Expense	8,272			137,234

Net Income Available for Common Stock	$	395,792		$	224,030

Earnings Per Common Share:
Basic:
Net Income Available for Common Stock	$	4.62		$	2.63

Diluted:
Net Income Available for Common Stock	$	4.59		$	2.61

Weighted Average Common Shares Outstanding:
Used in Basic Calculation	85,592,904			85,114,029

Used in Diluted Calculation	86,232,666			85,738,474

NATIONAL FUEL GAS CO - FORM 10-Q - EX-99 - EXHIBIT 99 - May 4, 2018