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National Fuel Gas Company Plans Tax-Free Upstream Business Spin-Off

The plan would create two independent, publicly traded companies through the separation of its Integrated Upstream and Gathering business.

Two gas pipeline routes diverge across a rural landscape / TokenPost.ai
Two gas pipeline routes diverge across a rural landscape / TokenPost.ai

National Fuel Gas Company plans to separate its Integrated Upstream and Gathering business in a tax-free spin-off, a move that would create two independent, publicly traded companies.

The company announced the plan Wednesday, Oct. 14. National Fuel Gas would be one of the two companies following the separation; the other would consist of the upstream and gathering business.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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