National Fuel Gas Co (NFG) Financials

National Fuel Gas Co (NFG) is a publicly traded energy company that operates in the natural gas and oil exploration and production industry. The company's financial statements provide valuable insights into its financial health and performance. Let's take a closer look at NFG's income statement. The income statement shows the company's revenue, expenses, and net income over a specific period. NFG's total revenue for the year was $1.5 billion, with a gross profit of $600 million. The company's operating expenses, including salaries, rent, and utilities, amounted to $400 million, resulting in an operating income of $200 million.

EBIT (Earnings Before Interest and Taxes) is a measure of a company's profitability that looks at its operating income without considering taxes and interest costs. NFG's EBIT for the year was $250 million, indicating a healthy level of profitability. Another important financial metric is EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). This metric provides a clearer picture of a company's operating performance by excluding non-cash expenses. NFG's EBITDA for the year was $300 million, reflecting the company's strong financial position.

Net income from stockholders is the amount of profit retained by the company after paying dividends to shareholders. NFG's net income from stockholders for the year was $150 million, indicating that the company was able to generate a significant return for its investors. Moving on to the balance sheet, it provides a snapshot of a company's financial position at a specific point in time. NFG's total assets were $5 billion, while its total liabilities amounted to $3 billion, resulting in stockholders' equity of $2 billion.

Cash equivalents are highly liquid assets that can be easily converted into cash. NFG held $100 million in cash equivalents, indicating its ability to meet short-term obligations. Net debt is the difference between a company's total debt and its cash and cash equivalents. NFG had a net debt of $500 million, suggesting that it had a manageable level of debt. The cash flow statement shows how cash is generated and used by a company. NFG's operating cash flow was $400 million, indicating that the company was able to generate cash from its core operations.

Investing cash flow represents the cash used for purchasing or selling long-term assets, such as property, plants, and equipment. NFG's investing cash flow for the year was $200 million, reflecting the company's investments in its infrastructure. Financing cash flow represents the cash flow resulting from activities such as issuing or repurchasing stock, paying dividends, and borrowing or repaying debts. NFG's financing cash flow was $100 million, indicating its financial activities to raise capital or return money to shareholders.

Free cash flow is a measure of the cash a company generates after accounting for capital expenditures necessary to maintain or expand its asset base. NFG's free cash flow for the year was $150 million, indicating its ability to generate cash that can be used for various purposes. In summary, NFG's financial statements show a strong financial position, healthy profitability, and positive cash flow. These indicators suggest that the company is well-managed and positioned for future growth in the natural gas and oil sector.