National Fuel Gas (NFG) 10-Q 2011 Q1 Quarterly report

Exhibit 99

NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)

	Twelve Months Ended
	December 31
	2010			2009
	(Thousands of Dollars)
INCOME
Operating Revenues	$	1,757,316		$	1,899,558
Operating Expenses
Purchased Gas		650,180			839,411
Operation and Maintenance		398,249			394,992
Property, Franchise and Other Taxes		76,938			72,004
Depreciation, Depletion and Amortization		199,724			173,281
		1,325,091			1,479,688
Operating Income		432,225			419,870
Other Income (Expense):
Income from Unconsolidated Subsidiaries		987			2,649
Interest Income		3,459			5,038
Other Income		4,275			3,676
Interest Expense on Long-Term Debt		(85,319	)		(83,426	)
Other Interest Expense		(6,780	)		(9,201	)
Income from Continuing Operations Before Income Taxes		348,847			338,606
Income Tax Expense		135,395			128,107
Income from Continuing Operations		213,452			210,499
Income (Loss) from Discontinued Operations		6,506			(2,614	)
Net Income Available for Common Stock	$	219,958		$	207,885
Earnings Per Common Share:
Basic:
Income from Continuing Operations	$	2.61		$	2.63
Income (Loss) from Discontinued Operations		0.08			(0.03	)
Net Income Available for Common Stock	$	2.69		$	2.60
Diluted:
Income from Continuing Operations	$	2.57		$	2.59
Income (Loss) from Discontinued Operations		0.08			(0.03	)
Net Income Available for Common Stock	$	2.65		$	2.56
Weighted Average Common Shares Outstanding:
Used in Basic Calculation		81,786,524			79,983,513
Used in Diluted Calculation		82,989,108			81,156,966