National Total Operating Expenses from 2010 to 2026

NFG Stock  USD 87.34  1.73  2.02%   
National Fuel's Total Operating Expenses is decreasing over the last several years with very volatile swings. Total Operating Expenses is predicted to flatten to about 454.7 M. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
1985-09-30
Previous Quarter
142.5 M
Current Value
24.8 M
Quarterly Volatility
103.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check National Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Fuel's main balance sheet or income statement drivers, such as Interest Expense of 188.2 M, Total Revenue of 1.7 B or Gross Profit of 1.4 B, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 0.041 or PTB Ratio of 1.7. National financial statements analysis is a perfect complement when working with National Fuel Valuation or Volatility modules.
  
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Check out the analysis of National Fuel Correlation against competitors.
The Total Operating Expenses trend for National Fuel Gas offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether National Fuel is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest National Fuel's Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of National Fuel Gas over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. National Fuel's Total Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Fuel's overall financial position and show how it may be relating to other accounts over time.
Total Operating Expenses10 Years Trend
Very volatile
   Total Operating Expenses   
       Timeline  

National Total Operating Expenses Regression Statistics

Arithmetic Mean409,171,943
Geometric Mean241,795,270
Coefficient Of Variation95.55
Mean Deviation336,458,645
Median119,799,000
Standard Deviation390,963,255
Sample Variance152852.3T
Range1.1B
R-Value(0.03)
Mean Square Error162898T
R-Squared0.0009
Significance0.91
Slope(2,304,292)
Total Sum of Squares2445636.3T

National Total Operating Expenses History

2026454.7 M
2025623.5 M
2024692.8 M
2023608 M
202292.7 M
202188.4 M
2020119.8 M

About National Fuel Financial Statements

National Fuel stakeholders use historical fundamental indicators, such as National Fuel's Total Operating Expenses, to determine how well the company is positioned to perform in the future. Although National Fuel investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Fuel's assets and liabilities are reflected in the revenues and expenses on National Fuel's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in National Fuel Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Operating Expenses623.5 M454.7 M

Currently Active Assets on Macroaxis

When determining whether National Fuel Gas is a strong investment it is important to analyze National Fuel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Fuel's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Fuel Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Can Gas Utilities industry sustain growth momentum? Does National have expansion opportunities? Factors like these will boost the valuation of National Fuel. Anticipated expansion of National directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating National Fuel demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
3.041
Dividend Share
2.12
Earnings Share
7.17
Revenue Per Share
26.265
Quarterly Revenue Growth
0.186
Investors evaluate National Fuel Gas using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating National Fuel's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause National Fuel's market price to deviate significantly from intrinsic value.
It's important to distinguish between National Fuel's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding National Fuel should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, National Fuel's market price signifies the transaction level at which participants voluntarily complete trades.