National Fuel Gas Company · NYSE:NFG

National Fuel Gas — Investor Presentation (October 2024)

18 slides from National Fuel Gas's investor presentation, October 2024

  1. Slide 1: National Fuel & Empire Pipeline Fall 2024 ECOM Presentation

    National Fuel & Empire Pipeline Fall 2024 ECOM Presentation

  2. Slide 2: Gas Control Overview & Personnel

    Gas Control Overview & Personnel • Primary control room in Buffalo, NY • GCOC operates National Fuel Supply, Empire, National Fuel Midstream, and National Fuel Distribution (NY & PA) assets • 10 System Supervisors • 10 Gas Dispatchers 2

  3. Slide 3: National Fuel Supply

    National Fuel Supply

  4. Slide 4: System Overview - National Fuel Gas Supply Company (NFGSC)

    System Overview - National Fuel Gas Supply Company (NFGSC) NFGSC Operates: • Over 1,600 miles of transmission pipeline in Western NY & PA • 29 active storage facilities • 26 compressor stations 4

  5. Slide 5: NFGSC Top Gas Storage Inventory (MMCF)

    NFGSC Top Gas Storage Inventory (MMCF) 100% Storage Activities 95% 94% 94% 95% 92% Top Gas Capacity 75.1 BCF 90% Starting Top Gas 4/1/24 26.5 BCF 80% Injected through 10/22/24 42.6 BCF Top Gas 10/23/24 69.1 BCF 70% 60% 50% 40% 35% 35% 29% 30% 26% 20% 10% 0% 2020/2021 2021/2022 2022/2023 2023/2024 20

  6. Slide 6: NFGSC Line X South to North

    NFGSC Line X South to North 6

  7. Slide 7: NFGSC Line X South to North Average Daily Scheduled by Month

    NFGSC Line X South to North 7 Average Daily Scheduled by Month (MDth)

  8. Slide 8: Line N South to North

    Line N South to North 8

  9. Slide 9: Line N South to North

    Line N South to North Average Daily Scheduled by Month (MDth) 9

  10. Slide 10: Empire Pipeline

    Empire Pipeline

  11. Slide 11: Empire System Overview

    Empire System Overview Empire Operates: • Over 269 miles of transmission pipeline in Western & Central NY • 3 compressor stations 11

  12. Slide 12: Chippawa: Delivery to TC Energy

    Chippawa: Delivery to TC Energy 12

  13. Slide 13: Chippawa: Delivery to TC Energy

    Chippawa: Delivery to TC Energy Average Daily Scheduled by Month (MDth) 13

  14. Slide 14: Summer Power Generation (April – October)

    Summer Power Generation (April – October) 14 - Data through 9/24/2024

  15. Slide 15: 2024 Construction & Maintenance

    2024 Construction & Maintenance

  16. Slide 16: Major Construction & Maintenance Projects - Completed

    Major Construction & Maintenance Projects - Completed Major Construction Projects Inline Inspections Line XE exposure remediation N20 – Service Creek to Mercer Line XS replacements YM53 – Leidy to Ellisburg Line U Replacement KPA – Lewis Run to Maloney Farms East Aurora Unit 2 engine upgrade EMP12 –

  17. Slide 17: Energy Transition

    Energy Transition

  18. Slide 18: Hydrogen Team

    Hydrogen Team Potential Initiatives: + Complete ablending test at a Company training fcilty + Evaluatessynthetic methane productionusing integrated waste heat recovery, hydrogen production and combustion exhaust ata Company-owned compressor station * Blend up to 30% hydrogen into a compressor engine

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