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| Exhibit 99 | | | |
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| NATIONAL FUEL GAS |
| CONSOLIDATED STATEMENTS OF INCOME |
| (UNAUDITED) |
| | | |
| Twelve Months Ended |
| June 30, |
| (Thousands of Dollars) | 2026 | | 2025 |
| | | |
| INCOME | | | |
| Operating Revenues: | | | |
| Utility Revenues | $ | 938,087 | | | $ | 809,274 | |
| Integrated Upstream and Gathering Revenues | 1,294,797 | | | 1,098,821 | |
| Pipeline and Storage Revenues | 280,773 | | | 275,235 | |
| 2,513,657 | | | 2,183,330 | |
| | | |
| Operating Expenses: | | | |
| Purchased Gas | 308,115 | | | 211,280 | |
| Operation and Maintenance: | | | |
| Utility | 243,444 | | | 226,731 | |
| Integrated Upstream and Gathering and Other | 250,210 | | | 189,066 | |
| Pipeline and Storage | 122,525 | | | 119,326 | |
| Property, Franchise and Other Taxes | 95,449 | | | 93,666 | |
| Depreciation, Depletion and Amortization | 481,951 | | | 445,902 | |
| Impairment of Assets | — | | | 460,235 | |
| 1,501,694 | | | 1,746,206 | |
| | | |
| | | |
| Operating Income | 1,011,963 | | | 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 Taxes | 905,440 | | | 316,804 | |
| | | |
| Income Tax Expense | 230,164 | | | 73,263 | |
| | | |
| Net Income Available for Common Stock | $ | 675,276 | | | $ | 243,541 | |
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| Earnings Per Common Share: | | | |
| Basic: | | | |
| Net Income Available for Common Stock | $ | 7.27 | | | $ | 2.68 | |
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| Diluted: | | | |
| Net Income Available for Common Stock | $ | 7.21 | | | $ | 2.66 | |
| | | |
| Weighted Average Common Shares Outstanding: | | | |
| Used in Basic Calculation | 92,882,344 | | | 90,728,762 | |
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| Used in Diluted Calculation | 93,624,401 | | | 91,404,886 | |