National Fuel Mergers & Acquisitions

National Fuel M&A Summary

National Fuel has acquired 2 companies, including 2 in the last 5 years.

National Fuel’s largest acquisition to date was in 2025, when it acquired CenterPoint Energy - Ohio natural gas utility business for $2.6B. National Fuel has acquired in 2 different US states. The Company’s most targeted sectors include oil/gas exploration (50%) and utilities (50%).

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

National Fuel

National Fuel Gas Co.

6363 Main Street,
Williamsville, New York 14221
United States,
(716) 857-7000
www.nationalfuel.com

All (2) Buy (2) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2025-10-21 CenterPoint Energy's Ohio natural gas utility business · Utilities
, Ohio

CenterPoint Energy's Ohio natural gas utility business provides regulated natural gas distribution services and is based in Ohio.

2,620 Divestiture

National Fuel
Advisors: Jones Day , TD Securities , Wells Fargo Securities

CenterPoint Energy


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