Exhibit 99
NATIONAL FUEL GAS
CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED)
	Twelve Months Ended
	December 31,
(Thousands of Dollars)	2017			2016
INCOME
Operating Revenues:
Utility and Energy Marketing Revenues	$	773,430		$	663,551
Exploration and Production and Other Revenues	596,422			620,575
Pipeline and Storage and Gathering Revenues	207,184			215,595
	1,577,036			1,499,721
Operating Expenses:
Purchased Gas	299,045			176,157
Operation and Maintenance:
Utility and Energy Marketing	200,240			195,385
Exploration and Production and Other	150,179			145,087
Pipeline and Storage and Gathering	95,578			91,893
Property, Franchise and Other Taxes	85,464			81,736
Depreciation, Depletion and Amortization	223,829			235,061
Impairment of Oil and Gas Producing Properties	—			512,856
	1,054,335			1,438,175
Operating Income	522,701			61,546
Other Income (Expense):
Interest Income	4,762			4,036
Other Income	7,152			9,016
Interest Expense on Long-Term Debt	(115,454		)	(116,078		)
Other Interest Expense	(2,959		)	(3,228		)
Income (Loss) Before Income Taxes	416,202			(44,708		)
Income Tax Expense (Benefit)	22,973			(31,767		)
Net Income (Loss) Available for Common Stock	$	393,229		$	(12,941	)
Earnings (Loss) Per Common Share:
Basic:
Net Income (Loss) Available for Common Stock	$	4.60		$	(0.15	)
Diluted:
Net Income (Loss) Available for Common Stock	$	4.56		$	(0.15	)
Weighted Average Common Shares Outstanding:
Used in Basic Calculation	85,475,937			84,983,380
Used in Diluted Calculation	86,160,885			84,983,380