Attached files

file filename
EX-32 - EXHIBIT 32 - NATIONAL FUEL GAS COnfg-12312018xexhibit32.htm
EX-31.2 - EXHIBIT 31.2 - NATIONAL FUEL GAS COnfg-12312018xexhibit312.htm
EX-31.1 - EXHIBIT 31.1 - NATIONAL FUEL GAS COnfg-12312018xexhibit311.htm
EX-10.2 - EXHIBIT 10.2 - NATIONAL FUEL GAS COnfg-12312018xexhibit102.htm
EX-10.1 - EXHIBIT 10.1 - NATIONAL FUEL GAS COnfg-12312018xexhibit101.htm
10-Q - 10-Q - NATIONAL FUEL GAS COnfg-12312018x10q.htm


 
 
 
 
Exhibit 99
 
 
 
 
 
 
 
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
 
 
 
 

Twelve Months Ended

December 31,
(Thousands of Dollars)
2018
 
2017




INCOME



Operating Revenues:
 

 
Utility and Energy Marketing Revenues
$
858,842

 
$
773,430

Exploration and Production and Other Revenues
593,295

 
596,422

Pipeline and Storage and Gathering Revenues
211,123

 
207,184

 
1,663,260

 
1,577,036

 
 
 
 
Operating Expenses:
 

 
Purchased Gas
382,448


299,045

Operation and Maintenance:
 

 
Utility and Energy Marketing
168,720

 
170,926

Exploration and Production and Other
137,259

 
146,673

Pipeline and Storage and Gathering
105,961

 
90,427

Property, Franchise and Other Taxes
87,550


85,464

Depreciation, Depletion and Amortization
249,386


223,829


1,131,324


1,016,364


 

 
Operating Income
531,936


560,672


 

 
Other Income (Expense):
 

 
Other Income (Deductions)
(27,273
)

(26,057
)
Interest Expense on Long-Term Debt
(108,299
)

(115,454
)
Other Interest Expense
(4,146
)

(2,959
)

 

 
Income Before Income Taxes
392,218


416,202


 

 
Income Tax Expense
96,691


22,973


 

 
Net Income Available for Common Stock
$
295,527


$
393,229


 

 
Earnings Per Common Share:
 

 
Basic:
 

 
Net Income Available for Common Stock
$
3.44


$
4.60


 

 
Diluted:
 

 
Net Income Available for Common Stock
$
3.41


$
4.56


 

 
Weighted Average Common Shares Outstanding:
 

 
Used in Basic Calculation
85,932,035


85,475,937


 

 
Used in Diluted Calculation
86,558,769


86,160,885