National Fuel Gas (NFG) 10-Q 2018 Q2 Quarterly report

Exhibit 99
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
	Twelve Months Ended
	March 31,
(Thousands of Dollars)	2018			2017
INCOME
Operating Revenues:
Utility and Energy Marketing Revenues	$	803,963		$	724,266
Exploration and Production and Other Revenues	584,292			636,003
Pipeline and Storage and Gathering Revenues	207,611			212,396
	1,595,866			1,572,665
Operating Expenses:
Purchased Gas	327,683			242,505
Operation and Maintenance:
Utility and Energy Marketing	197,743			201,984
Exploration and Production and Other	152,171			139,717
Pipeline and Storage and Gathering	95,113			93,457
Property, Franchise and Other Taxes	85,724			82,974
Depreciation, Depletion and Amortization	227,986			228,113
Impairment of Oil and Gas Producing Properties	—			115,413
	1,086,420			1,104,163
Operating Income	509,446			468,502
Other Income (Expense):
Interest Income	5,397			4,150
Other Income	6,179			7,523
Interest Expense on Long-Term Debt	(113,690		)	(115,997		)
Other Interest Expense	(3,268		)	(2,914		)
Income Before Income Taxes	404,064			361,264
Income Tax Expense	8,272			137,234
Net Income Available for Common Stock	$	395,792		$	224,030
Earnings Per Common Share:
Basic:
Net Income Available for Common Stock	$	4.62		$	2.63
Diluted:
Net Income Available for Common Stock	$	4.59		$	2.61
Weighted Average Common Shares Outstanding:
Used in Basic Calculation	85,592,904			85,114,029
Used in Diluted Calculation	86,232,666			85,738,474