# EDGAR Filing Document

**Accession Number:** 0002074423
**File Stem:** 0001562180-25-005319
**Filing Date:** 2025-7
**Character Count:** 11906
**Document Hash:** 7d45079dcb371ddfbb594185f2e63e77
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001562180-25-005319.hdr.sgml**: 20250703

**ACCESSION NUMBER**: 0001562180-25-005319

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250701

**FILED AS OF DATE**: 20250703

**DATE AS OF CHANGE**: 20250703

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Colpoys Michael D
- **CENTRAL INDEX KEY:** 0002074423

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-03880
- **FILM NUMBER:** 251105345

**MAIL ADDRESS:**
- **STREET 1:** 6363 MAIN STREET
- **CITY:** WILLIAMSVILLE
- **STATE:** NY
- **ZIP:** 14221
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONAL FUEL GAS CO
- **CENTRAL INDEX KEY:** 0000070145
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATURAL GAS DISTRIBUTION [4924]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 131086010
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 0930

**BUSINESS ADDRESS:**
- **STREET 1:** 6363 MAIN STREET
- **CITY:** WILLIAMSVILLE
- **STATE:** NY
- **ZIP:** 14221-5887
- **BUSINESS PHONE:** 716-857-7000

**MAIL ADDRESS:**
- **STREET 1:** 6363 MAIN STREET
- **STREET 2:** 6363 MAIN STREET
- **CITY:** WILLIAMSVILLE
- **STATE:** NY
- **ZIP:** 14221-5887

## Ex-24

```

Exhibit 24

POWER OF ATTORNEY

The undersigned hereby makes, constitutes and appoints each of
Lee E. Hartz, Kenneth E. Webster, Meghan A. Corcoran, James P.
Baetzhold, Kathryn M. Nikisch-Hoffman, and Robin L. Maczka, or
any of them acting singly, and with full power of substitution,
re-substitution and delegation, the undersigned's true and
lawful attorney-in-fact (each of such persons and their
substitutes and delegees being referred to herein as the
"Attorney-in-Fact"), with full power to act for the undersigned
and in the undersigned's name, place and stead, in the
undersigned's capacity as an officer, director or stockholder of
National Fuel Gas Company (the "Company"), to:

1.  Take such actions as may be necessary or appropriate to enable
the undersigned to submit and file forms, schedules and other
documents with the U.S. Securities and Exchange Commission
("SEC') utilizing the SEC's Electronic Data Gathering and
Retrieval ("EDGAR") system, which actions may include (a)
enrolling the undersigned in EDGAR Next and (b) preparing,
executing and submitting to the SEC a Form ID, amendments
thereto, and such other documents and information as may be
necessary or appropriate to obtain codes and passwords
enabling the undersigned to make filings and submissions
utilizing the EDGAR system;
2.  Prepare and execute any and all forms, schedules and other
documents (including any amendments thereto) the undersigned
is required to file with the SEC, or which the Attorney-in-
Fact considers it advisable for the undersigned to file with
the SEC, under Section 13 or Section 16 of the Securities
Exchange Act of 1934 or any rule or regulation thereunder, or
under Rule 144 under the Securities Act of 1933 ("Rule 144"),
including Forms 3, 4 and 5, Schedules 13D and 13G, and Forms
144 (all such forms, schedules and other documents being
referred to herein as "SEC Filings");
3. Submit and file SEC Filings with the SEC utilizing the EDGAR
system or cause them to be submitted and filed by a person
appointed under Section 5 below;
4.  File, submit or otherwise deliver SEC Filings to any
securities exchange on which the Company's securities may be
listed or traded;
5.  Act as an account administrator for the undersigned's EDGAR
account, including: (i) appoint, remove and replace account
administrators, account users, technical administrators and
delegated entities; (ii) maintain the security of the
undersigned's EDGAR account, including modification of access
codes; (iii) maintain, modify and certify the accuracy of
information on the undersigned's EDGAR account dashboard; (iv)
act as the EDGAR point of contact with respect to the
undersigned's EDGAR account; and (v) any other actions
contemplated by Rule 10 of Regulation S-T with respect to
account administrators; and if so authorized on the
undersigned's EDGAR account dashboard, to act as a delegated
administrator for the undersigned's EDGAR account, including:
(i) appoint, remove and replace delegated account
administrators and users; (ii) maintain the security of the
undersigned's EDGAR account; and (iii) any other actions
contemplated by Rule 10 of Regulation S-T with respect to
delegated entities;
6.  Cause the Company to accept a delegation of authority from any
of the undersigned's EDGAR account administrators and,
pursuant to that delegation, authorize the Company's EDGAR
account administrators to appoint, remove or replace users for
the undersigned's EDGAR account; and
7.  Obtain, as the undersigned's representative and on the
undersigned's behalf, information regarding transactions in
the Company's equity securities from any third party,
including the Company and any brokers, dealers, employee
benefit plan administrators and trustees, and the undersigned
hereby authorizes any such third party to release any such
information to the Attorney-in-Fact.

The undersigned acknowledges that:

a)  This Power of Attorney authorizes, but does not require, the
Attorney-in-Fact to act in his or her discretion on
information provided to such Attorney-in-Fact without
independent verification of such information;
b)  Any documents prepared or executed by the Attorney-in-Fact on
behalf of the undersigned pursuant to this Power of Attorney
will be in such form and will contain such information as the
Attorney-in-Fact, in his or her discretion, deems necessary or
desirable;
c)  Neither the Company nor the Attorney-in-Fact assumes any
liability for the undersigned's responsibility to comply with
the requirements of Section 13 or Section 16 of the Exchange
Act or Rule 144, any liability of the undersigned for any
failure to comply with such requirements, or any liability of
the undersigned for disgorgement of profits under Section
16(b) of the Exchange Act; and
d)  This Power of Attorney does not relieve the undersigned from
responsibility for compliance with the undersigned's
obligations under Section 13 or Section 16 of the Exchange
Act, including, without limitation, the reporting requirements
under Section 13 or Section 16 of the Exchange Act.

The undersigned hereby grants to the Attorney-in-Fact full power
and authority to do and perform each and every act and thing
requisite, necessary or advisable to be done in connection with
the foregoing, as fully, to all intents and purposes, as the
undersigned might or could do in person, hereby ratifying and
confirming all that the Attorney-in-Fact, or his or her
substitute or substitutes, shall lawfully do or cause to be done
by authority of this Power of Attorney.

This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 4 or 5
or Schedules 13D or 13G or Forms 144 with respect to the
undersigned's holdings of and transactions in securities of the
Company, unless earlier revoked by the undersigned in a signed
writing delivered to the Attorney-in-Fact. This Power of
Attorney revokes all previous powers of attorney with respect to
the subject matter of this Power of Attorney.

IN WITNESS WHEREOF, the undersigned has executed this Power of
Attorney as of June 11, 2025.

/s/ Michael D. Colpoys
Signature
Michael D. Colpoys
Printed Name

State of New York

County of Erie

This Power of Attorney was acknowledged before me on June 11, 2025
by Michael D. Colpoys.

/s/ Courtney Agius
Notary Signature

[Notary Seal]
Courtney Agius
Notary Public - State of New York
No. 01AG6382086'
Qualified in Erie County
My Commission Expires October 15, 2026

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Colpoys Michael D<br><sub>(Last) (First) (Middle)</sub><br>6363 MAIN STREET<br><sub>(Street)</sub><br>WILLIAMSVILLE, NY 14221<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>NATIONAL FUEL GAS CO [ NFG ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-07-01 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_President - NFG Dist. Corp._ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 11095.00 | D |  |
| Common Stock | 14149.00 | I | 401K Trust<sup>(1)</sup> |
| Common Stock | 49.00 | I | As UTMA custodian for son |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | 2025-12-01 | 2025-12-01 | Common Stock | 533.00 | <sup>(2)</sup> | D |  |
| Restricted Stock Units | <sup>(3)</sup> | <sup>(3)</sup> | Common Stock | 1444.00 | <sup>(2)</sup> | D |  |
| Restricted Stock Units | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 1801.00 | <sup>(2)</sup> | D |  |

---

### Footnotes:

(1) The NFG Stock fund under the NFG 401(k) plan is denominated in units, representing ownership interests in a fund that include both NFG common stock and a reserve of cash. The information reported represents the dollar value of the reporting person's balance in the NFG stock fund as of July 1, 2025 as reported by the plan administrator, divided by the closing pricie of NFG common stock on that date.

(2) Each restricted stock unit represents a contingent right to receive one share of NFG common stock.

(3) The restricted stock units vest as follows: 722 on December 6, 2025; and 722 on December 6, 2026.

(4) The restricted stock units vest as follows: 600 on December 5, 2025; 600 on December 5, 2026; and 601 on December 5, 2027.

**Remarks:**
Exhibit List - Exhibit 24 - Power of Attorney

**Signature:** J. P. Baetzhold, Attorney in Fact  
**Date:** 2025-07-03

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**