NFG - National Fuel Gas Company

NYSE - Nasdaq Real Time Price. Currency in USD

National Fuel Gas Company

6363 Main Street
Williamsville, NY 14221
United States
716-857-7000
http://investor.nationalfuelgas.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees2,080

Key Executives

NameTitlePayExercisedAge
Mr. Ronald J. TanskiChief Exec. Officer, Pres and Director2.88M7.04k65
Mr. David P. BauerPrincipal Financial Officer, Treasurer and Pres of National Fuel Gas Supply Corp.841.6k83.17k48
Mr. John R. PustulkaChief Operating Officer1.43M475.57k65
Mr. Carl M. CarlottiPres of National Fuel Gas Distribution Corp.1.05MN/A62
Dr. John P. McGinnis Ph.D.Pres of Seneca Resources Corp.815.46kN/A56
Amounts are as of December 31, 2016 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.

Description

National Fuel Gas Company operates as a diversified energy company. The company operates in 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, 2016, it had proved developed and undeveloped reserves of 29,009 thousand barrels of oil and 1,674,575 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 742,235 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, 2016, the company also owned approximately 93,000 acres of timber property; and managed an approximately 3,000 additional acres of timber cutting rights. National Fuel Gas Company was founded in 1902 and is based in Williamsville, New York.

Corporate Governance

National Fuel Gas Company’s ISS Governance QualityScore as of September 1, 2017 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 6; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.