NFG’s Seneca Resources Leads Company Growth, Pumps 1 Bcf/d in 3Q

National Fuel Gas Company (NFG), the parent company for Seneca Resources and Empire Pipeline, recently issued its latest update for the quarter ending June 30 (NFG’s third fiscal quarter, everyone else’s second quarter). NFG is a truly integrated company, including drilling, pipelines, and a utility company serving end-user customers. The company made $108 million in profit for the quarter, mostly driven by its upstream (drilling) unit Seneca Resources. In fact, upstream/drilling represented half (50%) of NFG's revenues in 3Q22.

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