National Fuel Gas Company Reports Net Income of $92.6 Million for the Second Quarter of 2023
The company's revenue stands at $428.7 million for the quarter ending June 30, 2023.
By USInMinutes
Published - Aug 04, 2023, 02:53 AM ET
Last Updated - Aug 04, 2023, 02:53 AM EDT
National Fuel Gas Company(NFG) released its unaudited Consol idated Statements of Income and Earnings for the three months and nine months ending June 30, 2023. The company reported a net income of $92.6 million for the second quarter, with a total revenue of $428.7 million. This article will delve into the company's financial performance during the stated period.
Net Income: Steady Second Quarter Performance
For the three months ending June 30, 2023, National Fuel Gas Company reported a net income of $92.6 million. This compares to $108.2 million during the same period last year. While there was a slight decrease in net income, the company remains in a strong financial position.
Revenue: Stable Earnings Reinforced