National Fuel Gas Co（NFG）資訊與事件NFGNational Fuel Gas Co

National Fuel Gas Company Plans Spin-Off into Two Independent Public Companies

National Fuel Gas Company announced its Board of Directors approved a plan to separate the company into two independent, publicly traded companies through a tax-free spin-off of the company's Integrated Upstream and Gathering business. Upon completion of the transaction, National Fuel shareholders will own shares in both National Fuel and IUG. National Fuel intends to separate IUG through a pro rata distribution of shares of IUG to National Fuel shareholders in a manner that is intended to be tax-free for National Fuel and its shareholders for U.S. federal income tax purposes. National Fuel expects to retain an ownership stake of up to 19.9% in IUG after the completion of the spin-off, which it intends to dispose of in a tax-efficient manner to further strengthen its investment grade balance sheet. National Fuel expects to complete the separation during the second half of calendar year 2027, subject to customary conditions, including the filing and effectiveness of applicable filings with the SEC, the completion of financing arrangements, and final approval by National Fuel's Board of Directors. The company intends to provide formal guidance for fiscal 2027 in connection with its fourth quarter earnings release in November 2026. IUG will continue to be included in National Fuel's consolidated financial results until the separation is completed.

CenterPoint Energy Completes $2.62B Asset Sale

CenterPoint Energy (CNP) completed the previously announced $2.62B sale of its Ohio natural gas Local Distribution Company business, Vectren Energy Delivery of Ohio, to National Fuel Gas Company (NFG), which is headquartered in Western New York. The assets include approximately 5,900 miles of gas transmission and distribution pipeline serving approximately 335,000 metered customers in West Central Ohio. The transaction received all required federal and state approvals necessary to complete the sale, including the completion of a review by the Public Utilities Commission of Ohio. National Fuel will immediately assume responsibility for serving CenterPoint's former Ohio natural gas customers. CenterPoint has previously stated that proceeds from the transaction will support investments across its focused regulated utility footprint.

National Fuel Plans to Split into Two Independent Companies

National Fuel announced that by October 15, its board of directors intends to complete an ongoing evaluation of a plan to separate the company into two independent publicly traded companies, which remains subject to final board approval. If pursued and upon completion of the transaction, National Fuel shareholders would own shares in both National Fuel and its integrated upstream and gathering, or IUG, business, creating two companies. If approved, National Fuel would separate IUG through a distribution of shares of IUG to National Fuel shareholders in a manner which would be intended to be tax-free for National Fuel and its shareholders for U.S. federal income tax purposes.