Exhibit 99
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
Twelve Months Ended
June 30,
(Thousands of Dollars)20262025
INCOME
Operating Revenues:
Utility Revenues$938,087 $809,274 
Integrated Upstream and Gathering Revenues1,294,797 1,098,821 
Pipeline and Storage Revenues280,773 275,235 
2,513,657 2,183,330 
Operating Expenses:
Purchased Gas308,115 211,280 
Operation and Maintenance:
Utility243,444 226,731 
Integrated Upstream and Gathering and Other250,210 189,066 
Pipeline and Storage122,525 119,326 
Property, Franchise and Other Taxes95,449 93,666 
Depreciation, Depletion and Amortization481,951 445,902 
Impairment of Assets— 460,235 
1,501,694 1,746,206 
Operating Income1,011,963 437,124 
Other Income (Expense):
Other Income (Deductions)42,042 34,723 
Interest Expense on Long-Term Debt(130,290)(140,364)
Other Interest Expense(18,275)(14,679)
Income Before Income Taxes905,440 316,804 
Income Tax Expense230,164 73,263 
Net Income Available for Common Stock$675,276 $243,541 
Earnings Per Common Share:
Basic:
Net Income Available for Common Stock$7.27 $2.68 
Diluted:
Net Income Available for Common Stock$7.21 $2.66 
Weighted Average Common Shares Outstanding:
Used in Basic Calculation92,882,344 90,728,762 
Used in Diluted Calculation93,624,401 91,404,886