Natalie Fisher
Investor Relations
Replay available
National Fuel Gas Company (NYSE: NFG) Q3 2025 earnings conference call, held 2025-07-31. Replay captured from the company's public earnings webcast.

Investor Relations
President and Chief Executive Officer
Treasurer and Chief Financial Officer
President of Seneca Resources and National Fuel Midstream
Analyst, JP Morgan
Analyst, Goldman Sachs
Analyst, Bank of America
Analyst, Raymond James
Analyst, Gabelli
Analyst, Daniel Energy Partners
Hello and welcome to the National Fuel Gas Company Q3 Fiscal 2025 Earnings Conference call. My name is Alex. I'll be coordinating today's call. If you'd like to ask a question once the presentation has finished, please press star one on your telephone keypad. I'm going to hand it over to Natalie Fisher to begin. Please go ahead. Thank you, Alex, and good morning. We appreciate you joining us on today's conference call for discussion of last evening's earnings release. With us on the call from National Fuel Gas Company are Dave Bauer, President and Chief Executive Officer, Tim Silverstein, Treasurer and Chief Financial Officer, and Justin Lois, President of Seneca Resources and National Fuel Midstream. At the end of today's prepared remarks, we will open the discussion to questions. The third quarter Fiscal 2025 Earnings Release and July Investor Presentation have been posted on our Investor Relations website. We may refer to these materials during today's call. We would like to remind you that today's teleconference will contain forward looking statements. While National Fuel's expectations, beliefs, and projections are made in good faith and are believed to have a reasonable basis, actual results may differ materially. These statements speak only as of the date on which they are made, and you may refer to last evening's earnings release for a listing of certain specific risk factors. With that, I'll turn it over to Dave Bauer. Thank you, Natalie. Good morning, everyone. National Fuel had an excellent third quarter. We're seeing great execution across the company and our momentum continues to build. At Seneca, our Eastern Development Area continues to exceed expectations. Production for the quarter was up 16% from last year, and based on our updated guidance, we expe...