National Fuel Gas annual capital expenditures (capex)
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National Fuel Gas Capital Expenditures (CapEx) Growth & History (NFG)
National Fuel Gas's capital expenditures (capex) was $912.8M for fiscal 2025.
View full National Fuel Gas company overviewNational Fuel Gas annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $912.8M | −$18.4M | −1.98% |
| 2024 | 2024-09-30 | $931.2M | −$78.6M | −7.79% |
| 2023 | 2023-09-30 | $1.01B | $198.0M | +24.39% |
| 2022 | 2022-09-30 | $811.8M | $60.1M | +7.99% |
| 2021 | 2021-09-30 | $751.7M | $35.6M | +4.97% |
| 2020 | 2020-09-30 | $716.2M | −$72.8M | −9.23% |
| 2019 | 2019-09-30 | $788.9M | $204.9M | +35.09% |
| 2018 | 2018-09-30 | $584.0M | $133.7M | +29.68% |
| 2017 | 2017-09-30 | $450.3M | −$131.2M | −22.57% |
| 2016 | 2016-09-30 | $581.6M | −$436.6M | −42.88% |
| 2015 | 2015-09-30 | $1.02B | $103.8M | +11.35% |
| 2014 | 2014-09-30 | $914.4M | $211.0M | +29.99% |
| 2013 | 2013-09-30 | $703.5M | −$331.5M | −32.03% |
| 2012 | 2012-09-30 | $1.04B | $220.7M | +27.11% |
| 2011 | 2011-09-30 | $814.3M | $371.2M | +83.77% |
| 2010 | 2010-09-30 | $443.1M | $129.5M | +41.28% |
| 2009 | 2009-09-30 | $313.6M | −$84.1M | −21.15% |
| 2008 | 2008-09-30 | $397.7M | — | — |
National Fuel Gas quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $266.2M | $73.2M | +37.91% |
| Q2 2026 | 2026-03-31 | $220.6M | $26.8M | +13.83% |
| Q1 2026 | 2025-12-31 | $277.6M | $37.2M | +15.47% |
| Q4 2025 | 2025-09-30 | $285.5M | $38.5M | +15.57% |
| Q3 2025 | 2025-06-30 | $193.1M | −$9.2M | −4.54% |
| Q2 2025 | 2025-03-31 | $193.8M | −$41.2M | −17.52% |
| Q1 2025 | 2024-12-31 | $240.4M | −$6.5M | −2.64% |
| Q4 2024 | 2024-09-30 | $247.0M | −$35.1M | −12.44% |
| Q3 2024 | 2024-06-30 | $202.2M | −$29.1M | −12.59% |
| Q2 2024 | 2024-03-31 | $235.0M | −$27.9M | −10.60% |
| Q1 2024 | 2023-12-31 | $246.9M | $13.5M | +5.77% |
| Q4 2023 | 2023-09-30 | $282.1M | $62.8M | +28.63% |
| Q3 2023 | 2023-06-30 | $231.4M | $54.3M | +30.67% |
| Q2 2023 | 2023-03-31 | $262.9M | $61.0M | +30.19% |
| Q1 2023 | 2022-12-31 | $233.5M | $20.0M | +9.36% |
| Q4 2022 | 2022-09-30 | $219.3M | −$19.6M | −8.21% |
| Q3 2022 | 2022-06-30 | $177.1M | $3.2M | +1.82% |
| Q2 2022 | 2022-03-31 | $201.9M | $46.4M | +29.80% |
| Q1 2022 | 2021-12-31 | $213.5M | $30.2M | +16.47% |
| Q4 2021 | 2021-09-30 | $239.0M | $73.8M | +44.69% |
| Q3 2021 | 2021-06-30 | $173.9M | $18.4M | +11.82% |
| Q2 2021 | 2021-03-31 | $155.6M | −$41.4M | −21.03% |
| Q1 2021 | 2020-12-31 | $183.3M | −$15.2M | −7.65% |
| Q4 2020 | 2020-09-30 | $165.1M | −$36.3M | −18.04% |
| Q3 2020 | 2020-06-30 | $155.5M | −$45.3M | −22.58% |
| Q2 2020 | 2020-03-31 | $197.0M | −$12.0M | −5.75% |
| Q1 2020 | 2019-12-31 | $198.5M | $20.9M | +11.79% |
| Q4 2019 | 2019-09-30 | $201.5M | $21.5M | +11.94% |
| Q3 2019 | 2019-06-30 | $200.9M | $58.6M | +41.18% |
| Q2 2019 | 2019-03-31 | $209.0M | $89.9M | +75.48% |
| Q1 2019 | 2018-12-31 | $177.6M | $35.0M | +24.51% |
| Q4 2018 | 2018-09-30 | $180.0M | $44.4M | +32.79% |
| Q3 2018 | 2018-06-30 | $142.3M | $35.7M | +33.54% |
| Q2 2018 | 2018-03-31 | $119.1M | $16.9M | +16.57% |
| Q1 2018 | 2017-12-31 | $142.6M | $36.6M | +34.47% |
| Q4 2017 | 2017-09-30 | $135.6M | $35.8M | +35.84% |
| Q3 2017 | 2017-06-30 | $106.5M | −$16.3M | −13.24% |
| Q2 2017 | 2017-03-31 | $102.2M | −$70.4M | −40.78% |
| Q1 2017 | 2016-12-31 | $106.1M | −$80.4M | −43.12% |
| Q4 2016 | 2016-09-30 | $99.8M | −$199.4M | −66.65% |
| Q3 2016 | 2016-06-30 | $122.8M | −$102.8M | −45.57% |
| Q2 2016 | 2016-03-31 | $172.5M | −$75.9M | −30.54% |
| Q1 2016 | 2015-12-31 | $186.4M | −$58.5M | −23.88% |
| Q4 2015 | 2015-09-30 | $299.2M | −$5.8M | −1.89% |
| Q3 2015 | 2015-06-30 | $225.6M | −$16.4M | −6.78% |
| Q2 2015 | 2015-03-31 | $248.4M | $75.9M | +44.03% |
| Q1 2015 | 2014-12-31 | $244.9M | $50.0M | +25.66% |
| Q4 2014 | 2014-09-30 | $305.0M | $114.9M | +60.47% |
| Q3 2014 | 2014-06-30 | $242.0M | $68.4M | +39.37% |
| Q2 2014 | 2014-03-31 | $172.5M | −$4.3M | −2.42% |
| Q1 2014 | 2013-12-31 | $194.9M | $31.9M | +19.60% |
| Q4 2013 | 2013-09-30 | $190.1M | −$35.3M | −15.66% |
| Q3 2013 | 2013-06-30 | $173.7M | −$118.7M | −40.59% |
| Q2 2013 | 2013-03-31 | $176.8M | −$91.5M | −34.10% |
| Q1 2013 | 2012-12-31 | $163.0M | −$86.1M | −34.57% |
| Q4 2012 | 2012-09-30 | $225.3M | −$5.2M | −2.25% |
| Q3 2012 | 2012-06-30 | $292.3M | $100.9M | +52.73% |
| Q2 2012 | 2012-03-31 | $268.2M | $69.7M | +35.10% |
| Q1 2012 | 2011-12-31 | $249.1M | $55.3M | +28.54% |
| Q4 2011 | 2011-09-30 | $230.5M | $115.0M | +99.45% |
| Q3 2011 | 2011-06-30 | $191.4M | $94.4M | +97.36% |
| Q2 2011 | 2011-03-31 | $198.5M | $30.2M | +17.95% |
| Q1 2011 | 2010-12-31 | $193.8M | $131.6M | +211.55% |
| Q4 2010 | 2010-09-30 | $115.6M | — | — |
| Q3 2010 | 2010-06-30 | $97.0M | — | — |
| Q2 2010 | 2010-03-31 | $168.3M | — | — |
| Q1 2010 | 2009-12-31 | $62.2M | — | — |
National Fuel Gas capital expenditures (capex) trends
Over the last five fiscal years, National Fuel Gas's capital expenditures (capex) increased from $716.2M to $912.8M, a change of $196.7M. The latest reported quarter, Q3 2026, shows $266.2M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review National Fuel Gas source filings ↗