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National Fuel to acquire Ohio gas utility on Oct 1

PUBLIC · NFGJul 29, 2026•11 days ago

Acquiring Company

National Fuel Gas Company

Acquired Company

Ohio gas utility

New YorkOhioEnergyOil And GasEnergyOil And Gas

Description

National Fuel Gas Company has received final regulatory approval for its acquisition of the Ohio gas utility. The acquisition is on track to close on October 1, 2026. This move aims to significantly increase the rate base for National Fuel’s regulated businesses. The company anticipates meaningful regulated earnings growth from this acquisition.

Company Information

Company

National Fuel Gas Company

Location

New York, United States

About

National Fuel Gas Company is a diversified energy company, primarily engaged in natural gas exploration, production, and distribution. The company operates through various segments, including utility, pipeline, and exploration and production. National Fuel is committed to providing reliable energy services while maintaining regulatory standards.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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