
National Fuel is revising its fiscal 2026 adjusted EPS guidance to a range of $7.45 to $7.75 per share, or $7.60 at the midpoint, primarily due to changes in natural gas price assumptions.
Bullish
National Fuel achieved strong adjusted EPS growth, driven by higher natural gas prices, and advanced strategic infrastructure expansion projects, demonstrating operational resilience and long-term growth positioning.
Bearish
National Fuel lowered its fiscal 2026 production guidance and assumed lower natural gas prices, while total operating costs increased per unit and production decreased due to operational delays.