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National Fuel Gas Co Raises FY 2013 EPS Guidance; Revises FY 2013 Production Guidance

Thursday, 2 May 2013 04:45pm EDT 

National Fuel Gas Co revised its GAAP earnings guidance range for fiscal 2013 to a range of $2.95 to $3.10 per share. The previous earnings guidance had been a range of $2.75 to $3.00 per share. This revised guidance assumes flat NYMEX equivalent pricing of $4.00 per Million British Thermal Units (MMBtu) for natural gas (Henry Hub) and $85 per barrel (Bbl) for crude oil (West Texas Intermediate) for unhedged production for the remainder of the fiscal year. Production for the entire 2013 fiscal year is projected to be between 110 to 118 Bcfe. The previous guidance for projected production was between 102 and 112 Bcfe. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.95 for fiscal 2013. 

Company Quote

0.91 +1.30%
11:26am EST