Exhibit 99

NATIONAL FUEL GAS

CONSOLIDATED STATEMENTS OF INCOME

(UNAUDITED)

	Twelve Months Ended December 31
	2011			2010
	(Thousands of Dollars)
INCOME
Operating Revenues	$	1,760,317		$	1,757,316
Operating Expenses
Purchased Gas		597,887			650,180
Operation and Maintenance		403,128			398,249
Property, Franchise and Other Taxes		81,396			76,938
Depreciation, Depletion and Amortization		235,761			199,724
		1,318,172			1,325,091
Operating Income		442,145			432,225
Other Income (Expense):
Gain on Sale of Unconsolidated Subsidiaries		50,879			—
Interest Income		3,137			3,459
Other Income		7,390			5,262
Interest Expense on Long-Term Debt		(72,017	)		(85,319	)
Other Interest Expense		(3,923	)		(6,780	)
Income from Continuing Operations Before Income Taxes		427,611			348,847
Income Tax Expense		167,054			135,395
Income from Continuing Operations		260,557			213,452
Income from Discontinued Operations		—			6,506
Net Income Available for Common Stock	$	260,557		$	219,958
Earnings Per Common Share:
Basic:
Income from Continuing Operations	$	3.15		$	2.61
Income from Discontinued Operations		—			0.08
Net Income Available for Common Stock	$	3.15		$	2.69
Diluted:
Income from Continuing Operations	$	3.11		$	2.57
Income from Discontinued Operations		—			0.08
Net Income Available for Common Stock	$	3.11		$	2.65
Weighted Average Common Shares Outstanding:
Used in Basic Calculation		82,677,232			81,786,524
Used in Diluted Calculation		83,726,544			82,989,108