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National Fuel Gas history
National Fuel Gas company history timeline
National Fuel is incorporated on December 8, 1902, organizing interests in Buffalo and Western Pennsylvania natural gas investments that had been placed in John D. Rockefeller’s Standard Oil Natural Gas Trust.
By 1962 the company reported sales of more than $128 million, to 565,000 customers.
National Fuel bought Utility Constructors Incorporated of Linesville, Pennsylvania, in 1986, as a part of its move to build that Canadian pipeline, but it lost out in the bidding.
Even so, National Fuel has used Utility Constructors to build other pipelines in its service and distribution areas, including a $67 million pipeline that was completed in 1988 and allowed the company to import even more natural gas from Canada than the Alberta project.
The supply, transmission, and storage of natural gas contributed $497,237,000 in revenues, approximately 42 percent of the company's 1991 operating income from its regulated activities and 34 percent of its pretax revenues.
National Fuel Gas Company (the “Company”) is providing this cautionary statement to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company.
National Fuel’s annual natural gas production climbs to 163 billion cubic feet, six times higher than the output in 2007. Annual throughput on our interstate pipeline systems also doubled over the same period.
Seneca sold its offshore oil and gas properties in 2011 to focus on its Appalachian shale development program.
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National Fuel Gas competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Chesapeake Energy | 1989 | $11.7B | 1,300 | 35 |
| Columbia Gas Transmission LLC | 1969 | $96.0M | 160 | - |
| CenterPoint Energy | 1882 | $8.6B | 7,977 | 2 |
| KeySpan Energy Corporation | 1996 | $80.0M | 125 | - |
| Champion Energy Services | 2005 | $244.1M | 200 | - |
| National Fuel Resources | - | $2.1M | 2,080 | - |
| Consumers Energy | 1886 | $6.1B | 8,253 | - |
| Green Mountain Power | - | $652.9M | 100 | 13 |
| TECO Energy | 1899 | $2.7B | 3,713 | 54 |
| Mansfield Energy | 1957 | $8.6B | 33 | 36 |
National Fuel Gas history FAQs
Zippia gives an in-depth look into the details of National Fuel Gas, including salaries, political affiliations, employee data, and more, in order to inform job seekers about National Fuel Gas. The employee data is based on information from people who have self-reported their past or current employments at National Fuel Gas. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by National Fuel Gas. The data presented on this page does not represent the view of National Fuel Gas and its employees or that of Zippia.
National Fuel Gas may also be known as or be related to National Fuel Gas, National Fuel Gas Co. and National Fuel Gas Company.