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National
Fuel Gas , Co. NYSE: NFG is an energy company. It consists of four business
segments: Utility, Pipeline and Storage (Empire Pipeline, Inc.), Exploration
and Production (Seneca Resources) and Energy Marketing (National Fuel
Resources, Inc. - NFR). National Fuel Gas was incorporated in 1902 and is based
in Williamsville, New York.
The
Utility segment sells natural gas or provides natural gas transportation
services to more than 728,000 customers through a local distribution system
located in western New York and northwestern Pennsylvania. The Pipeline and
Storage segment provides interstate natural gas transportation and storage
services for affiliated and non-affiliated companies through an integrated
system of 2,795 miles of pipeline and 31 underground natural gas storage fields
(including 4 storage fields co-owned with nonaffiliated companies). The
Exploration and Production segment is engaged in prospecting for, and
development and purchase of, natural gas and oil reserves in California and
Appalachia. Seneca’s primary focus is now the Marcellus Shale in Pennsylvania,
where the company controls 745,000 net prospective acres. The Energy Marketing
segment markets natural gas to industrial, commercial, public authority and
residential end users located in New York and Pennsylvania.
National
Fuel Gas Co.
Type
Public
(NYSE: NFG)
Industry Gas Utilities
Founded Incorporated in 1902
Headquarters Williamsville, New York
Key
people David F. Smith,
Chairman/CEO/President
Products Natural gas, Oil reserves,Timber
Revenue $ 1.78 billion U.S. dollars
(2011)
Employees 1,827 (2011)
Website www.nationalfuelgas.com
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