NATIONAL FUEL GAS COMPANY (NYSE:NFG) Files An 8-K Results of Operations and Financial Condition

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NATIONAL FUEL GAS COMPANY (NYSE:NFG) Files An 8-K Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition.

On May 4, 2017, National Fuel Gas Company (the Company) issued a
press release regarding its earnings for the quarter and six
months ended March 31, 2017. A copy of the press release is
furnished as part of this Current Report as Exhibit 99.
Neither the furnishing of the press release as an exhibit to this
Current Report nor the inclusion in such press release of any
reference to the Companys internet address shall, under any
circumstances, be deemed to incorporate the information available
at such internet address into this Current Report. The
information available at the Companys internet address is not
part of this Current Report or any other report filed or
furnished by the Company with the Securities and Exchange
Commission.
In addition to financial measures calculated in accordance with
generally accepted accounting principles (GAAP), the press
release furnished as part of this Current Report as Exhibit 99
contains certain non-GAAP financial measures. The Company
believes that such non-GAAP financial measures are useful to
investors because they provide an alternative method for
assessing the Companys operating results in a manner that is
focused on the performance of the Companys ongoing operations,
for measuring the Companys cash flow and liquidity, and for
comparing the Companys financial performance to other companies.
The Companys management uses these non-GAAP financial measures
for the same purpose, and for planning and forecasting purposes.
The presentation of non-GAAP financial measures is not meant to
be a substitute for financial measures prepared in accordance
with GAAP.
Certain statements contained herein or in the press release
furnished as part of this Current Report, including statements
regarding estimated future earnings and statements that are
identified by the use of the words anticipates, estimates,
expects, forecasts, intends, plans, predicts, projects, believes,
seeks, will and may and similar expressions, are forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. There can be no assurance that the Companys
projections will in fact be achieved nor do these projections
reflect any acquisitions or divestitures that may occur in the
future. While the Companys expectations, beliefs and projections
are expressed in good faith and are believed to have a reasonable
basis, actual results may differ materially from those projected
in forward-looking statements. Furthermore, each forward-looking
statement speaks only as of the date on which it is made. In
addition to other factors, the following are important factors
that could cause actual results to differ materially from those
discussed in the forward-looking statements: delays or changes in
costs or plans with respect to Company projects or related
projects of other companies, including difficulties or delays in
obtaining necessary governmental approvals, permits or orders or
in obtaining the cooperation of interconnecting facility
operators; governmental/regulatory actions, initiatives and
proceedings, including those involving rate cases (which address,
among other things, target rates of return, rate design and
retained natural gas), environmental/safety requirements,
affiliate relationships, industry structure, and franchise
renewal; changes in laws, regulations or judicial interpretations
to which the Company is subject, including those involving
derivatives, taxes, safety, employment, climate change, other
environmental matters, real property, and exploration and
production activities such as hydraulic fracturing; impairments
under the SECs full cost ceiling test for natural gas and oil
reserves; changes in the price of natural gas or oil; financial
and economic conditions, including the availability of credit,
and occurrences affecting the Companys ability to obtain
financing on acceptable terms for working capital, capital
expenditures and other investments, including any downgrades in
the Companys credit ratings and changes in interest rates and
other capital market conditions; factors affecting the Companys
ability to successfully identify, drill for and produce
economically viable natural gas and oil reserves, including among
others geology, lease availability, title disputes, weather
conditions, shortages, delays or unavailability of equipment and
services required in drilling operations, insufficient gathering,
processing and transportation capacity, the need to obtain
governmental approvals and permits, and compliance with
environmental laws and regulations; increasing health care costs
and the resulting effect on health insurance premiums and on the
obligation to provide other post-retirement benefits; changes in
price differentials between similar quantities of natural gas or
oil sold at different geographic locations, and the effect of
such changes on commodity production, revenues and demand for
pipeline transportation capacity to or from such locations; other
changes in price differentials between similar quantities of
natural gas or oil having different quality, heating value,
hydrocarbon mix or delivery date; the cost and effects of legal
and administrative claims against the Company or activist
shareholder campaigns to effect changes at the Company;
uncertainty of oil and gas reserve estimates; significant
differences between the Companys projected and actual production
levels for natural gas or oil; changes in demographic patterns
and weather conditions; changes in the availability, price or
accounting treatment of derivative financial instruments; changes
in economic conditions, including global, national or regional
recessions, and their effect on the demand for, and customers
ability to pay for, the Companys products and services; the
creditworthiness or performance of the Companys key suppliers,
customers and counterparties; economic disruptions or uninsured
losses resulting from major accidents, fires, severe weather,
natural disasters, terrorist activities, acts of war, cyber
attacks or pest infestation; significant differences between the
Companys projected and actual capital expenditures and operating
expenses; changes in laws, actuarial assumptions, the interest
rate environment and the return on plan/trust assets related to
the Companys pension and other post-retirement benefits, which
can affect future funding obligations and costs and plan
liabilities; or increasing costs of insurance, changes in
coverage and the ability to obtain insurance. The Company
disclaims any obligation to update any forward-looking statements
to reflect events or circumstances after the date hereof.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99
Press release furnished regarding earnings for the quarter
and six months ended March 31, 2017


About NATIONAL FUEL GAS COMPANY (NYSE:NFG)

National Fuel Gas Company is a holding company. The Company is an energy company engaged principally in the production, gathering, transportation, distribution and marketing of natural gas. The Company operates in five business segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. The Company operates an integrated business, with assets centered in western New York and Pennsylvania, and the production and transportation of natural gas from the Marcellus Shale basin. The Company also develops and produces oil reserves, primarily in California. The Company’s Exploration and Production segment operations are carried out by Seneca Resources Corporation (Seneca), a Pennsylvania corporation. The Company’s National Fuel Gas Supply Corporation (Supply Corporation), a Pennsylvania corporation, and Empire Pipeline, Inc. (Empire), a New York corporation, carry out the Company’s Pipeline and Storage segment operations.

NATIONAL FUEL GAS COMPANY (NYSE:NFG) Recent Trading Information

NATIONAL FUEL GAS COMPANY (NYSE:NFG) closed its last trading session 00.00 at 53.91 with 451,113 shares trading hands.