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National Fuel Gas Company (NFG)

55.58 Up 0.08(0.15%) 9:36AM EDT - Nasdaq Real Time Price
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National Fuel Gas Company
6363 Main Street
Williamsville, NY 14221
United States - Map
Phone: 716-857-7000

Index Membership:N/A
Sector:Basic Materials
Industry:Independent Oil & Gas
Full Time Employees:2,125

Business Summary 

National Fuel Gas Company operates as a diversified energy company in the United States. It operates through five segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. The Exploration and Production segment explores for, develops, and produces natural gas and oil reserves in California in the Appalachian region of the United States. As of September 30, 2015, this segment had proved developed and undeveloped reserves of 33,722 thousand barrels of oil and 2,142,128 million cubic feet of natural gas. The Pipeline and Storage segment provides interstate natural gas transportation and storage services through an integrated gas pipeline system extending from Southwestern Pennsylvania to the New York-Canadian border, and eastward to Ellisburg and Leidy, Pennsylvania; and owns and operates 27 underground natural gas storage fields, as well as 4 other underground natural gas storage fields. This segment also transports natural gas for National Fuel Gas Distribution Corporation, as well as for other utilities, industrial customers, and power producers in New York State; and owns and operates the Empire Pipeline, a 249-mile integrated pipeline system. The Gathering segment builds, owns, and operates natural gas processing and pipeline gathering facilities in the Appalachian region. The Utility segment sells natural gas or provides natural gas transportation services to approximately 739,975 customers in Buffalo, Niagara Falls, and Jamestown, New York; and Erie and Sharon, Pennsylvania. The Energy Marketing segment markets natural gas to industrial, wholesale, commercial, public authority, and residential customers primarily in western and central New York, and northwestern Pennsylvania. As of September 30, 2015, the company also owned approximately 93,000 acres of timber property; and managed an additional 3,000 acres of timber cutting rights. National Fuel Gas Company was founded in 1902 and is based in Williamsville, New York.

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Corporate Governance 
National Fuel Gas Company’s ISS Governance QuickScore as of May 1, 2016 is 6. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 10; Compensation: 3.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Ronald J. Tanski , 64
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
Mr. David P. Bauer , 47
Principal Financial Officer, Treasurer and Pres of National Fuel Gas Supply Corp.
Mr. John R. Pustulka , 64
Chief Operating Officer
Ms. Karen M. Camiolo , 57
Principal Accounting Officer and Controller
Ms. Paula M. Ciprich , 56
Sr. VP, Gen. Counsel and Sec.
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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