Full-Time
Natural gas exploration, production, pipelines, utilities.
No salary listed
Brookville, PA, USA
Hybrid
Hybrid work schedule; relocation is not offered.
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Seneca Resources is a diversified energy company that develops and operates natural gas and oil assets through several business segments, including Exploration & Production, Pipeline & Storage, Gathering, and Utility. Its activities center on producing natural gas (notably from shale formations like Marcellus) and delivering it to customers via pipelines, storage facilities, and utility services. The company emphasizes safe, reliable energy delivery, customer service, and environmental stewardship, and it aims to grow its asset base through shale development while creating value for shareholders, employees, and communities.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1913
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Hybrid Work Options
National Fuel Gas Company reported third-quarter fiscal 2026 adjusted earnings of $1.54 per share, beating the Zacks Consensus Estimate of $1.47 by 4.8%. However, earnings declined 6.1% from the year-ago quarter's $1.64. Sales reached $537.5 million, missing the consensus estimate but increasing 1.1% year over year. Revenue trends varied across segments, with utility revenues up 5.1% whilst integrated upstream and gathering revenues fell 1.3%. Total operating expenses rose 8.9% year over year to $328.6 million, contributing to a 9.3% decline in operating income. Natural gas production dropped 7% to 104.3 billion cubic feet. The company raised its annual dividend by 4% to $2.22 per share, marking 56 consecutive years of dividend increases.
National Fuel Gas reported third-quarter revenue of $537.5 million for the quarter ended June 2026, up 1.1% year-over-year but missing analyst expectations by 4.77%. The company's earnings per share came in at $1.54, down from $1.64 in the prior-year quarter, though beating the consensus estimate of $1.47 by 4.76%. Total gas production reached 104,285 MMcf, below the two-analyst average estimate of 108,554.60 MMcf. The weighted average gas price before hedging was $2.25 per Mcf, slightly above the $2.19 analyst estimate. The utility segment generated $165.42 million in revenue from external customers, exceeding estimates of $160.76 million and representing a 5.1% year-over-year increase. Pipeline and storage revenue totalled $69.56 million, above the $67.79 million estimate.
National Fuel Gas Company reported third quarter fiscal 2026 earnings of $138.6 million, or $1.45 per share, down from $149.8 million in the prior year. Adjusted earnings per share came in at $1.54, compared to $1.64 the previous year. The company generated $1.035 billion in operating cash flow for the nine months ending June 30, 2026, with free cash flow of $280 million. National Fuel completed financing for its pending Ohio gas utility acquisition, which received final regulatory approval and is set to close on 1 October. The board approved a 4% dividend increase to an annual rate of $2.22 per share, marking 56 consecutive years of dividend growth. The company revised its fiscal 2026 adjusted earnings guidance to $7.40–$7.60 per share, representing a projected 9% increase from fiscal 2025.
National Fuel Gas Company has raised investor interest as an integrated energy company combining Appalachian upstream gas production with regulated utility and pipeline assets. The company serves 1.3 million customers in New York whilst operating across Marcellus and Utica shales. NFG delivered strong first-quarter fiscal 2026 results with adjusted earnings per share of $2.06, beating expectations of $1.91, and adjusted EBITDA up 29% to $370.8 million. Production grew 12% to 109 Bcf. The company has raised fiscal 2026 guidance to $7.60–$8.10 adjusted EPS, representing 14% growth. A significant catalyst is NFG's $2.62 billion acquisition of CenterPoint's Ohio utility, which is expected to double its regulated rate base. The company maintains a 2.39% dividend yield and has increased dividends for 56 consecutive years.
National Fuel Gas recently announced a US$1.50 billion senior notes offering in three tranches maturing in 2029, 2031, and 2036, with the debt underwritten by major banks including TD Securities, Wells Fargo, BofA, and J.P. Morgan. The offering highlights how the company is using its integrated upstream, midstream, and downstream footprint in the Appalachian natural gas basin to support financial flexibility amid sector headwinds and growing interest in cleaner energy sources. We’ll now...