National Fuel Gas Doubles Utility Rate Base with Ohio Expansion

Reuters

Oct 21, 2025

National Fuel Gas Doubles Utility Rate Base with Ohio Expansion

National Fuel Gas Co. is set to significantly expand its regulated operations by acquiring assets that will double the size of its gas utility rate base and extend its presence into Ohio, a state known for its supportive natural gas environment and favorable regulatory framework. The company plans to finance the transaction through a mix of $300 to $400 million in common equity, long-term debt, and future free cash flow from its integrated upstream and gathering businesses. This move is expected to enhance National Fuel's regulated cash flows, support its investment grade credit rating, and strengthen its long-term outlook for earnings and dividend growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Fuel Gas Co. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9548974-en) on October 21, 2025, and is solely responsible for the information contained therein.

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