National Fuel Gas Company to Acquire CenterPoint Energy's Ohio Utility for $2.5B
NATURAL GAS
National Fuel Gas Company has announced its acquisition of CenterPoint Energy's Ohio natural gas utility for $2.5 billion, a deal expected to close in Q4 2026, which will double NFG's gas utility rate base and expand its customer base to 1.1 million. The company reported a strong fourth-quarter fiscal 2025 earnings increase of 58% year-over-year, with annual revenue at $2.28 billion, and continues to advance pipeline projects that are anticipated to generate significant revenue.

Jan 21, 2026, 10:44 AM