On this page of Benford's Law Stocks.com we present our study of NATIONAL FUEL GAS CO — ticker symbol NFG. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/1/2020 to 1/30/2025 for NATIONAL FUEL GAS CO under CIK number 0000070145. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NFG, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NATIONAL FUEL GAS CO based on the past NFG filings our system processed in the past.
Benford Chart for NFG 10Q Filed 1/30/2025
29.6
19.6
8.4
9.7
11.2
5.1
4.9
5.1
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, NFG stockholder letter ]
Total numbers found: 680
Recent share count: 90,822,810 (9's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
680
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for NFG = 61
61

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was above the company's typical historical range.
 • We deducted point upon observing the 3's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 5's percentage was above the company's typical historical range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 9, we canceled the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
NFG's Score Vs. Typical Stock
Benford's Law Stocks Indicator
NFG
Low score compared to other filers, falling in the bottom quartile.
Other Stocks Ranking Near NFG
DCI
HBB
SGU
BWEN
 DXC
NEP
SGOL
BLUE
Check our work! We provide our NATIONAL FUEL GAS CO Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NFG filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 201 numbers that start with the digit 1. Here they are:
1.00
109,370
115,790
141,802
176,107
11,182
133,020
1,727,326
1,885,856
1,772,312
1,698,648
1,973,279
1.45
1.44
133,020
189,167
19,708
169,459
14,403
122,441
15,691
14,675,281
14,524,798
127,222
15,521
106,386
108,022
185,224
180,230
1
1,039,705
1,045,487
1,698,648
1,727,326
15,476
120,991
165,068
15,295
19,373
172,409
162,903
1,199,313
1,095,892
1,089,394
1,111,165
147,561
151,452
199,310
120,156
120,036
133,020
141,802
109,370
115,790
115,165
10,180
133
1,013
174
109,300
12,500
10,472
13,762
107
119
1.3
133.3
10
108.3
15,476
136,681
136,681
14,240
14,240
127,064
19,755
19,708
14,240
13,890
18,463
14,301
14,187
13,161
1,316
15,007
14,135
14,135
172,409
162,903
130,252
10,504
14,489
156,350
156,350
1,338
1
1,337
15,740
16,777
106,612
106,612
12,233
146,546
146,546
1,503
1,334
196,451
19,755
19,755
175.5
196.7
155.0
135.4
121.0
12,717
18,426
10,380
12,241
12,241
16,281
16,281
10,628
19,266
10,380
1,879
1,379
198
17,198
19,523
19,523
17,374
17,374
109,603
154,040
17,198
149,305
12,880
10
1.0
1
105
12,241
19,523
16,281
17,374
10
1.0
1
105
1.9
187,989
19,755
1,607
1,178
189,167
19,708
19.9
1,045,487
1,727,326
15,476
156
156
1,039,705
1,698,648
1,040,761
1,885,856
133,020
122,441
1,041,226
1,973,279
119,177
10,169
155,558
1.0
1.0
10
1.375
193
142
1,039,149
163,332
131,914
121
1,227
133,020
1,023
1,049
130
109
10,890
14,647
17,086
107
107
1,620
165
1,334
1,097
15.8
12.7
14
We found 133 numbers that start with the digit 2. Here they are:
228,424
201,920
248,860
254,019
22,056
22,416
207,110
28,462
2,018,876
26,993
29,504
22,343
255,461
28,384
26,194
202,821
24,725
20,695
200,000,000
2,752,813
2,848,343
2,189,421
2,188,243
200,000
27,247
20,893
296,660
292,477
203,006
2,159,901
2,187,292
2,083
2,079
21,266
28,612
2,403
220,088
270,944
240,427
246,938
234,549
247,858
24,933
26,194
2,522
28,384
2.2
2.3
201.0
29.2
21,564
21,564
29,729
225
29,504
21,564
24,235
29,352
23,673
239,042
217,458
217,458
275
275
26,921
27,181
24,993
22,243
22,243
261
219,131
222,592
29,729
29,729
248,860
228,509
232,661
232,661
267
267
29,285
20,362
21,292
20,281
20,281
2
251
234,264
254,019
202,007
20,893
29,238
29,238
28,810
281
21,698
22,206
273
26,433
21,698
2,689,421
2,618,660
2,688,243
2,656,888
29,729
225
29,504
2.5
24.5
26,993
297
297
200
299.4
248,860
228,424
27,145
2,533,521
2,475,767
2,454,198
209,118
2,644,820
2,446,243
2,398,709
254,019
201,920
29,587
24,055
28,825
26,551
2,238
2,870
23
We found 57 numbers that start with the digit 3. Here they are:
33,541
34,826
35,941
34,962
318,251
3,732
33,362
38,222
35,055
355,919
36,091
36,265
303,344
305,645
3,476
3,511
38,362
3,355
3,892
33,524
3,971
3,897
36,848
38,222
36,295
3,455
37,116
39,113
39,113
38,264
3,448
31,220
380
380
31,220
32,584
3,774
3,501
3,774
33,453
3
388.2
3,511
3,670
393,038
33.9
300.0
300.0
3.3
3,448
37,862
32,454
32,499
3,625
3,890
335
3,606
4's 5's 6's
We found 66 numbers that start with the digit 4. Here they are:
463,291
4,381
43,087
44,986
46,671
45,597
49
495
44,986
47,018
48,694
47,820
47,670
464,612
4,942,234
42,587
42,720
46,671
46,872
44,376
4,744
44,986
4,705
4,660
4,078
46,872
45,451
48,694
41,685
4,605
4,157
495.3
4,878
4,623
47
48,333
47,344
415
4,596
41,745
41,745
43,937
448
42,100
41,848
42,100
445
4,735
42,971
44,808
4
4.9
47
44,986
46,671
4,090
495
45,597
4,135
450.0
4.0
46,777
45,321
44,986
4,596
4,057
We found 76 numbers that start with the digit 5. Here they are:
549,482
525,361
56,552
55,244
53,705
56,168
50
515
53,516
52,486
5,468
57,117
5,206
5,604
5,476
5,476
5,958
555,032
5,036,586
500,000
500,000
5,385
58,459
5,878
55,447
55,799
59,683
55,060
59,683
5,468
52,852
5,249
50,949
57,065
55.43
58.48
515
515
57,683
513,836
5,917
5,917
549,482
57,992
567
500,050
5,556
5,556
525,361
52
500
500
58,811
5,008
51.2
51,909
53,516
5.9
515
549
549
55,060
548,596
548,596
50.0
5.20
5.78
549,482
549,482
57,683
525,361
525,361
57,992
52,483
567
57.3
We found 35 numbers that start with the digit 6. Here they are:
69,422
65,337
6,273
60,677
68,952
69,662
624,646
6,915
6,306
67,381
6,911
61,131
61,131
61,131
687
687
62,588
649
62,588
62,588
648.5
62,795
62,993
66,135
66,135
60,677
6,361
67,381
63,631
61.27
68,750
6,227
64,826
6,536
6,660
7's 8's 9's
We found 33 numbers that start with the digit 7. Here they are:
72,198
7,720
7,940
7,393,477
7,185,593
7,281,804
7,339,205
71,493
7,860
76,153
7,146
71,616
71,275
71,275
76,153
7,940
71,618
70,267
70,267
70,069
76,009
729
729
726
726
726
71,493
7
76,153
7.38
7,931
76
727
We found 35 numbers that start with the digit 8. Here they are:
86,191
83,020
83,435
83,740
80,084
81,705
87,905
8,301,448
8,319,770
8,301,448
8,319,770
8,041
8,814
892
8,154
83,435
81,204
80,944
883
80,541
87,666
87,666
8,046
8,886
83,170
81,705
89,843
85
8,502,635
8,301,448
8,476,875
8,319,770
87
87,666
87,666
We found 44 numbers that start with the digit 9. Here they are:
90,612,955
90,777,446
91,910,244
91,434,741
92,442,145
92,229
90,612,955
91,005,993
90,613
91,006
90,700
9,703
9,057
920
97,922
92,229
95,630
95,630
9,059
906
904
94,413
94,413
90,962
95
95
95
95
9.3
91,006
91,006
90,613
90,613
91,819
91,819
92,116
92,116
95,630
95,630
987,103
9,223
91
9
9.7
While the above NFG 10Q Filed 1/30/2025 is interesting in isolation, we have found that it is also useful to take a look at older NATIONAL FUEL GAS CO filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 1/30/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NFG 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 1/30/2025
29.6
19.6
8.4
9.7
11.2
5.1
4.9
5.1
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 61
XBRL? ✓  [ original filing ]
Total numbers found: 680

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 5/2/2024
29.6
16.4
10.1
8.7
10.4
6.1
6.7
4.3
7.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL? ✓  [ original filing ]
Total numbers found: 986

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 8/3/2023
29.3
14.6
7.2
10.7
11.4
7.0
6.6
5.4
7.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL? ✓  [ original filing ]
Total numbers found: 1,031

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10K Filed 11/18/2022
27.5
19.2
12.0
9.1
9.6
7.7
4.9
5.4
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 2,125

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 2/4/2022
28.8
19.5
9.2
10.4
8.5
6.0
7.3
5.8
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ✓  [ original filing ]
Total numbers found: 671

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 5/7/2021
30.8
15.1
12.2
8.7
7.5
5.3
7.3
6.3
6.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 1,033

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 8/7/2020
28.3
16.7
11.6
9.6
8.4
7.8
5.0
7.9
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ✓  [ original filing ]
Total numbers found: 1,111

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10K Filed 11/22/2024
26.1
17.3
13.2
9.1
11.0
6.1
5.8
6.2
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 2,066

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 2/8/2024
31.4
18.8
10.0
8.9
9.7
6.1
3.3
5.2
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ✓  [ original filing ]
Total numbers found: 660

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 5/4/2023
28.8
15.6
9.4
9.3
10.7
6.9
6.9
4.3
8.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 1,017

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 8/5/2022
31.7
17.4
7.7
8.7
10.2
6.6
5.8
4.8
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL? ✓  [ original filing ]
Total numbers found: 1,043

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10K Filed 11/19/2021
28.6
18.2
13.0
9.0
8.0
7.8
6.0
4.9
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 2,122

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 2/5/2021
30.7
14.7
13.1
10.1
7.9
4.3
7.9
6.7
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL? ✓  [ original filing ]
Total numbers found: 700

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 5/1/2020
31.2
15.5
10.8
8.8
9.5
5.7
6.5
7.5
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL? ✓  [ original filing ]
Total numbers found: 1,097

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 8/1/2024
30.8
16.0
8.4
8.8
11.6
5.8
6.1
6.2
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 56
XBRL? ✓  [ original filing ]
Total numbers found: 1,011

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10K Filed 11/17/2023
26.7
18.2
13.3
9.0
10.8
6.2
5.7
5.4
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 2,055

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 2/3/2023
29.7
19.3
9.2
9.9
8.7
6.9
5.0
5.7
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ✓  [ original filing ]
Total numbers found: 698

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 5/6/2022
30.0
15.9
9.6
9.5
8.2
7.2
5.7
5.2
8.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 1,021

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10Q Filed 8/6/2021
31.1
16.8
10.3
9.4
8.4
5.7
5.9
5.8
6.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 1,034

■ = Typical NFG range from 5/1/2020 to 1/30/2025
10K Filed 11/20/2020
28.6
17.4
12.1
9.8
9.2
7.0
6.4
5.3
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL? ✓  [ original filing ]
Total numbers found: 2,240

■ = Typical NFG range from 5/1/2020 to 1/30/2025
BBW 10K Filed 4/17/2025:
78
KOPN 10K Filed 4/16/2025:
83
LAKE 10K Filed 4/16/2025:
93
NUGN 10K Filed 4/17/2025:
88
TFIN 10Q Filed 4/16/2025:
80
DEVS 10Q Filed 4/16/2025:
69
UAL 10Q Filed 4/16/2025:
65
CSX 10Q Filed 4/16/2025:
90
IVCAU 10K Filed 4/16/2025:
51
CTRN 10K Filed 4/16/2025:
79
FAST 10Q Filed 4/16/2025:
82
WINA 10Q Filed 4/16/2025:
48
ALV 10Q Filed 4/16/2025:
85
MOV 10K Filed 4/16/2025:
86
TRV 10Q Filed 4/16/2025:
69
OMC 10Q Filed 4/15/2025:
83
MLRT 10K Filed 4/16/2025:
82
STI 10K Filed 4/15/2025:
54
SOPA 10K Filed 4/15/2025:
87
ASFT 10K Filed 4/15/2025:
21
ONFO 10K Filed 4/15/2025:
69
AQUNU 10K Filed 4/15/2025:
57
HNRA 10K Filed 4/15/2025:
85
IRAAU 10K Filed 4/15/2025:
94
NMHI 10K Filed 4/15/2025:
83
LIFW 10K Filed 4/15/2025:
78
AREN 10K Filed 4/15/2025:
98
KAPA 10K Filed 4/15/2025:
76
ECDA 10K Filed 4/15/2025:
74
BOWNU 10K Filed 4/15/2025:
56
KUBR 10K Filed 4/15/2025:
0
VEEA 10K Filed 4/15/2025:
97
XTIA 10K Filed 4/15/2025:
89
LRHC 10K Filed 4/15/2025:
79
WSTRF 10K Filed 4/15/2025:
54
WINT 10K Filed 4/15/2025:
95
MTNB 10K Filed 4/15/2025:
64
XWEL 10K Filed 4/15/2025:
81
TRUG 10K Filed 4/15/2025:
82
BRACU 10K Filed 4/15/2025:
83
 

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