On December 4, 2025, National Fuel Gas Co's Compensation Committee awarded long-term performance shares and restricted stock units to top executives, including 35,977 shares to CEO D.P. Bauer, based on future performance related to total shareholder return from 2025 to 2028. The committee also revised the incentive plan maximum awards and compensation goals for fiscal year 2026, affecting overall cash compensation significantly based on performance metrics.