National Fuel GAS layoffs, on the record
Every job cut, severance charge and restructuring National Fuel GAS reported in its annual reports, 2023 to 2025, quoted from the filings. Headcount went from 2,240 to 2,322.
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 2,240 | September 30, 2023 |
| 10-K for 2024 | 2,311 | September 30, 2024 |
| 10-K for 2025 | 2,322 | September 30, 2025 |
Job cuts, severance and restructuring
Our summaryThe company reported a transaction and severance cost tied to the sale of Seneca's California assets in its Exploration and Production segment.
Word for word“Transaction and severance costs of $9.7 million ($7.2 million after-tax) incurred during 2022 in the Exploration and Production segment related to the sale of Seneca's California assets.” 10-K for 2023
Our summaryThe company noted the non-recurrence of 2022 transaction and severance costs associated with the California asset sale in its 2023 earnings discussion.
Word for word“However, these factors were partially offset by the non-recurrence of a 2022 loss related to the discontinuance of its crude oil cash flow hedges ($33.3 million) and 2022 transaction and severance costs associated with the sale ($7.2 million).” 10-K for 2023
National Fuel GAS has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from National Fuel GAS’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.