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National Fuel Gas Company (NFG) filed Quarterly Report for the period ended 2011-12-31.
National Fuel Gas Co. has a market cap of $4.17 billion; its shares were traded at around $50.37 with a P/E ratio of 18.5 and P/S ratio of 2.3. The dividend yield of National Fuel Gas Co. stocks is 2.8%. National Fuel Gas Co. had an annual average earning growth of 3.2% over the past 10 years.
This is the annual revenues and earnings per share of NFG over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of NFG.
Highlight of Business Operations:
The Natural Gas Act of 1938, as amended; the federal law regulating interstate natural gas pipeline and storage companies, among other things, codified beginning at 15 U.S.C. Section 717.A bidding procedure used by pipelines to allocate firm transportation or storage capacity among prospective shippers, in which all bids submitted during a defined time period are evaluated as if they had been submitted simultaneously.
An agreement between a pipeline company and a potential customer to sign a service agreement after specified events (called “conditions precedent”) happen, usually within a specified time.
Generally referring to partial “deregulation” of the pipeline and/or utility industry by statutory or regulatory process. Restructuring of federally regulated natural gas pipelines resulted in the separation (or “unbundling”) of gas commodity service from transportation service for wholesale and large-volume retail markets. State restructuring programs attempt to extend the same process to retail mass markets.
Weather normalization clause; a clause in utility rates which adjusts customer rates to allow a utility to recover its normal operating costs calculated at normal temperatures. If temperatures during the measured period are warmer than normal, customer rates are adjusted upward in order to recover projected operating costs. If temperatures during the measured period are colder than normal, customer rates are adjusted downward so that only the projected operating costs will be recovered.
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