National Fuel Gas (NFG) 10-Q 2016 Q3 Quarterly report

Exhibit 99
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
	Twelve Months Ended
	June 30,
(Thousands of Dollars)	2016			2015
INCOME
Operating Revenues:
Utility and Energy Marketing Revenues	$	628,798		$	880,755
Exploration and Production and Other Revenues	620,568			743,107
Pipeline and Storage and Gathering Revenues	211,639			202,612
	1,461,005			1,826,474
Operating Expenses:
Purchased Gas	152,424			373,561
Operation and Maintenance:
Utility and Energy Marketing	198,000			198,136
Exploration and Production and Other	167,425			189,208
Pipeline and Storage and Gathering	87,817			79,466
Property, Franchise and Other Taxes	82,925			90,158
Depreciation, Depletion and Amortization	264,160			369,202
Impairment of Oil and Gas Producing Properties	1,332,749			709,060
	2,285,500			2,008,791
Operating Loss	(824,495		)	(182,317		)
Other Income (Expense):
Interest Income	4,932			4,480
Other Income	10,575			7,251
Interest Expense on Long-Term Debt	(117,280		)	(89,327		)
Other Interest Expense	(4,111		)	(4,005		)
Loss Before Income Taxes	(930,379		)	(263,918		)
Income Tax Benefit	(414,166		)	(129,624		)
Net Loss Available for Common Stock	$	(516,213	)	$	(134,294	)
Earnings (Loss) Per Common Share:
Basic:
Net Loss Available for Common Stock	$	(6.09	)	$	(1.59	)
Diluted:
Net Loss Available for Common Stock	$	(6.09	)	$	(1.58	)
Weighted Average Common Shares Outstanding:
Used in Basic Calculation	84,735,887			84,275,859
Used in Diluted Calculation	84,735,887			85,195,855