Consolidated Statements Of Comprehensive Income (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Statement of Comprehensive Income [Abstract] | ||
| Net Income Available for Common Stock | $ 181,645 | $ 44,986 |
| Other Comprehensive Income (Loss), Before Tax: | ||
| Unrealized Gain (Loss) on Derivative Financial Instruments Arising During the Period | 49,098 | (53,516) |
| Reclassification Adjustment for Realized (Gains) Losses on Derivative Financial Instruments in Net Income | (13,274) | (29,504) |
| Other Comprehensive Income (Loss), Before Tax | 35,824 | (83,020) |
| Income Tax Expense (Benefit) Related to Unrealized Gain (Loss) on Derivative Financial Instruments Arising During the Period | 13,146 | (14,403) |
| Reclassification Adjustment for Income Tax Benefit (Expense) on Realized Losses (Gains) from Derivative Financial Instruments in Net Income | (3,554) | (7,940) |
| Income Taxes (Benefits) – Net | 9,592 | (22,343) |
| Other Comprehensive Income (Loss) | 26,232 | (60,677) |
| Comprehensive Income (Loss) | $ 207,877 | $ (15,691) |
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
|---|---|---|
| ASSETS | ||
| Property, Plant and Equipment | $ 15,616,382 | $ 15,406,329 |
| Less - Accumulated Depreciation, Depletion and Amortization | 7,800,307 | 7,693,687 |
| Property, Plant and Equipment, Net, Total | 7,816,075 | 7,712,642 |
| Current Assets | ||
| Cash and Temporary Cash Investments | 271,398 | 43,166 |
| Receivables – Net of Allowance for Uncollectible Accounts of $17,504 and $17,099, Respectively | 265,897 | 180,801 |
| Unbilled Revenue | 69,645 | 16,219 |
| Gas Stored Underground | 18,978 | 33,468 |
| Materials and Supplies - at average cost | 49,862 | 50,545 |
| Unrecovered Purchased Gas Costs | 20,723 | 5,769 |
| Other Current Assets | 62,097 | 80,759 |
| Total Current Assets | 758,600 | 410,727 |
| Other Assets | ||
| Recoverable Future Taxes | 92,405 | 89,247 |
| Unamortized Debt Expense | 5,772 | 6,236 |
| Other Regulatory Assets | 133,604 | 135,486 |
| Deferred Charges | 75,570 | 73,941 |
| Other Investments | 68,962 | 68,346 |
| Goodwill | 5,476 | 5,476 |
| Prepaid Pension and Post-Retirement Benefit Costs | 171,569 | 169,228 |
| Fair Value of Derivative Financial Instruments | 69,364 | 39,388 |
| Other | 8,475 | 8,387 |
| Total Other Assets | 631,197 | 595,735 |
| Total Assets | 9,205,872 | 8,719,104 |
| Capitalization: | ||
| Common Stock, $1 Par Value; Authorized - 200,000,000 Shares; Issued and Outstanding - 95,017,438 Shares and 90,379,095 Shares, Respectively | 95,017 | 90,379 |
| Paid in Capital | 1,382,593 | 1,050,918 |
| Earnings Reinvested in the Business | 2,143,340 | 2,012,529 |
| Accumulated Other Comprehensive Loss | (32,990) | (59,222) |
| Total Comprehensive Shareholders’ Equity | 3,587,960 | 3,094,604 |
| Long-Term Debt, Net of Current Portion and Unamortized Discount and Debt Issuance Costs | 2,083,892 | 2,382,861 |
| Total Capitalization | 5,671,852 | 5,477,465 |
| Current and Accrued Liabilities | ||
| Notes Payable to Banks and Commercial Paper | 90,000 | 150,200 |
| Current Portion of Long-Term Debt | 600,000 | 300,000 |
| Accounts Payable | 141,674 | 184,046 |
| Amounts Payable to Customers | 476 | 968 |
| Dividends Payable | 50,834 | 48,353 |
| Interest Payable on Long-Term Debt | 34,644 | 14,393 |
| Customer Advances | 17,108 | 17,188 |
| Customer Security Deposits | 29,875 | 29,853 |
| Other Accruals and Current Liabilities | 209,202 | 174,689 |
| Fair Value of Derivative Financial Instruments | 155 | 6,074 |
| Total Current and Accrued Liabilities | 1,173,968 | 925,764 |
| Other Liabilities | ||
| Deferred Income Taxes | 1,274,254 | 1,225,262 |
| Taxes Refundable to Customers | 304,370 | 306,335 |
| Cost of Removal Regulatory Liability | 311,971 | 307,659 |
| Other Regulatory Liabilities | 120,230 | 121,944 |
| Other Post-Retirement Liabilities | 3,731 | 5,252 |
| Asset Retirement Obligations | 234,405 | 236,787 |
| Other Liabilities | 111,091 | 112,636 |
| Total Other Liabilities | 2,360,052 | 2,315,875 |
| Commitments and Contingencies (Note 8) | 0 | 0 |
| Total Capitalization and Liabilities | $ 9,205,872 | $ 8,719,104 |
Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Receivables, allowance for uncollectible accounts | $ 17,504 | $ 17,099 |
| Common stock, par value (in dollars per share) | $ 1 | $ 1 |
| Common stock, shares authorized (in shares) | 200,000,000 | 200,000,000 |
| Common stock, shares issued (in shares) | 95,017,438 | 90,379,095 |
| Common stock, shares outstanding (in shares) | 95,017,438 | 90,379,095 |
Consolidated Statements Of Cash Flows (Unaudited) - USD ($) $ in Thousands |
3 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|||
| OPERATING ACTIVITIES | ||||
| Net Income Available for Common Stock | $ 181,645 | $ 44,986 | ||
| Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: | ||||
| Impairment of Assets | [1] | 0 | 141,802 | |
| Depreciation, Depletion and Amortization | [1] | 122,025 | 109,370 | |
| Deferred Income Taxes | 34,277 | (5,385) | ||
| Stock-Based Compensation | 4,094 | 4,705 | ||
| Other | 7,701 | 7,146 | ||
| Change in: | ||||
| Receivables and Unbilled Revenue | (138,565) | (115,165) | ||
| Gas Stored Underground and Materials and Supplies | 15,173 | 10,180 | ||
| Unrecovered Purchased Gas Costs | (14,954) | 0 | ||
| Other Current Assets | 18,581 | 8,814 | ||
| Accounts Payable | 21,412 | 9,703 | ||
| Amounts Payable to Customers | (492) | (133) | ||
| Customer Advances | (80) | (4,078) | ||
| Customer Security Deposits | 22 | (174) | ||
| Other Accruals and Current Liabilities | 37,561 | 21,266 | ||
| Other Assets | (5,085) | (3,892) | ||
| Other Liabilities | (8,394) | (9,057) | ||
| Net Cash Provided by Operating Activities | 274,921 | 220,088 | ||
| INVESTING ACTIVITIES | ||||
| Capital Expenditures | (277,631) | (240,427) | ||
| Other | (1,255) | 5,878 | ||
| Net Cash Used in Investing Activities | (278,886) | (234,549) | ||
| FINANCING ACTIVITIES | ||||
| Changes in Notes Payable to Banks and Commercial Paper | (60,200) | 109,300 | ||
| Shares Repurchased Under Repurchase Plan | 0 | (33,524) | ||
| Dividends Paid on Common Stock | (48,353) | (46,872) | ||
| Net Proceeds from Common Stock Sale | 347,106 | 0 | ||
| Net Repurchases of Common Stock Under Stock and Benefit Plans | (6,356) | (3,971) | ||
| Net Cash Provided by Financing Activities | 232,197 | 24,933 | ||
| Net Increase in Cash and Cash Equivalents | 228,232 | 10,472 | ||
| Cash and Cash Equivalents at October 1 | 43,166 | 38,222 | ||
| Cash and Cash Equivalents at December 31 | 271,398 | 48,694 | ||
| Supplemental Disclosure of Cash Flow Information | ||||
| Non-Cash Capital Expenditures | 70,359 | 71,616 | ||
| Non-Cash Accrued Placement Fees from Common Stock Sale | $ 8,531 | $ 0 | ||
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Summary of Significant Accounting Policies |
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| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Significant Accounting Policies | Summary of Significant Accounting Policies Principles of Consolidation. The Company consolidates all entities in which it has a controlling financial interest. All significant intercompany balances and transactions are eliminated. The Company uses proportionate consolidation when accounting for drilling arrangements related to exploration and production properties accounted for under the full cost method of accounting. The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Reclassifications. As reported in the Company's 2025 Form 10-K, during the quarter ended September 30, 2025, the segment reporting structure was modified to merge the Exploration and Production segment and Gathering segment into one reportable segment called Integrated Upstream and Gathering. As a result, revenue and operation and maintenance expense line items on the consolidated statements of income in prior periods have been reclassified to conform to the current year presentation. Additional discussion is provided at Note 9 — Business Segment Information. Earnings for Interim Periods. The Company, in its opinion, has included all adjustments (which consist of only normally recurring adjustments, unless otherwise disclosed in this Quarterly Report on Form 10-Q) that are necessary for a fair statement of the results of operations for the reported periods. The consolidated financial statements and notes thereto, included herein, should be read in conjunction with the financial statements and notes for the years ended September 30, 2025, 2024 and 2023 that are included in the Company's 2025 Form 10-K. The consolidated financial statements for the year ended September 30, 2026 will be audited by the Company's independent registered public accounting firm after the end of the fiscal year. The earnings for the three months ended December 31, 2025 should not be taken as a prediction of earnings for the entire fiscal year ending September 30, 2026. Most of the business of the Utility segment is seasonal in nature and is influenced by weather conditions. Due to the seasonal nature of the heating business in the Utility segment, earnings during the winter months normally represent a substantial part of the earnings that this business is expected to achieve for the entire fiscal year. The Company’s business segments are discussed more fully in Note 9 – Business Segment Information. Consolidated Statements of Cash Flows. The Statement of Cash Flows for the three months ended December 31, 2025 and the three months ended December 31, 2024 reconciles the net increase in cash and cash equivalents, which consists solely of cash and temporary cash investments for the periods presented. The Company did not have any restricted cash at December 31, 2025, October 1, 2025, December 31, 2024 or October 1, 2024. The Company considers all highly liquid debt instruments purchased with a maturity date of generally three months or less to be equivalents. Allowance for Uncollectible Accounts. The allowance for uncollectible accounts is the Company’s best estimate of the amount of probable credit losses in the existing accounts receivable. The allowance, the majority of which is in the Utility segment, is determined based on historical experience, the age of customer accounts, other specific information about customer accounts, and the economic and regulatory environment. Account balances have historically been written-off against the allowance approximately twelve months after the account is final billed or when it is anticipated that the receivable will not be recovered. Starting in the quarter ended March 31, 2025, account balances are being written-off against the allowance approximately three months after the account is final billed or when it is anticipated that the receivable will not be recovered. This change in policy was initiated to better match the timing of write-offs with the recovery of uncollectible expense in rates and resulted in a one-time cumulative adjustment to the allowance during the quarter ended March 31, 2025. Activity in the allowance for uncollectible accounts for the three months ended December 31, 2025 and 2024 are as follows (in thousands):
Gas Stored Underground. In the Utility segment, gas stored underground is carried at lower of cost or net realizable value, on a LIFO method. Gas stored underground normally declines during the first and second quarters of the year as storage quantities are withdrawn and increases in the third and fourth quarters as storage quantities are replenished. In the Utility segment, the current cost of replacing gas withdrawn from storage is recorded in the Consolidated Statements of Income and a reserve for gas replacement is recorded in the Consolidated Balance Sheets under the caption “Other Accruals and Current Liabilities.” Such reserve, which amounted to $2.8 million at December 31, 2025, is reduced to zero by September 30 of each year as the inventory is replenished. Property, Plant and Equipment. In the Company’s Integrated Upstream and Gathering segment, upstream property acquisition, exploration and development costs are accounted for under the full cost method of accounting. Under this methodology, all costs associated with property acquisition, exploration and development activities are capitalized, including internal costs directly identified with acquisition, exploration and development activities. The internal costs that are capitalized do not include any costs related to production, general corporate overhead, or similar activities. The Company does not recognize any gain or loss on the sale or other disposition of properties unless the gain or loss would significantly alter the relationship between capitalized costs and proved reserves attributable to a cost center. The Company's capitalized costs relating to exploration and production activities, net of accumulated depreciation, depletion and amortization, were $2.51 billion and $2.46 billion at December 31, 2025 and September 30, 2025, respectively. Capitalized costs include costs related to unproved properties, which are excluded from amortization until proved reserves are found or it is determined that the unproved properties are impaired. Such costs amounted to $105.7 million and $112.4 million at December 31, 2025 and September 30, 2025, respectively. All costs related to unproved properties are reviewed quarterly to determine if impairment has occurred. The amount of any impairment is transferred to the pool of capitalized costs being amortized. Capitalized costs are subject to the SEC full cost ceiling test. The ceiling test, which is performed each quarter, determines a limit, or ceiling, on the amount of property acquisition, exploration and development costs that can be capitalized. The ceiling under this test represents (a) the present value of estimated future net cash flows, excluding future cash outflows associated with settling asset retirement obligations that have been accrued on the balance sheet, using a discount factor of 10%, which is computed by applying commodity pricing (as adjusted for hedging) to estimated future production of proved reserves as of the date of the latest balance sheet, less estimated future expenditures, plus (b) the cost of unproved properties not being depleted, less (c) income tax effects related to the differences between the book and tax basis of the properties. The commodity prices used to calculate the full cost ceiling are based on an unweighted arithmetic average of first day of the month commodity price for each month within the twelve-month period prior to the end of the reporting period. If capitalized costs, net of accumulated depreciation, depletion and amortization and related deferred income taxes, exceed the ceiling at the end of any quarter, a permanent non-cash impairment is required to be charged to earnings in that quarter. At December 31, 2025, the ceiling exceeded the book value of the exploration and production properties by approximately $1.3 billion. The book value of the exploration and production properties exceeded the ceiling at December 31, 2024. As such, the Company recognized a non-cash, pre-tax ceiling test impairment charge in the Integrated Upstream and Gathering segment of $108.3 million for the quarter ended December 31, 2024. A deferred income tax benefit of $29.2 million related to the non-cash impairment charge was also recognized for the quarter ended December 31, 2024. In adjusting estimated future net cash flows for hedging under the ceiling test at December 31, 2025, estimated future net cash flows were increased by $170.7 million. The Integrated Upstream and Gathering segment also has items of property, plant and equipment that are accounted for outside of the provisions of the full cost method of accounting, including water disposal assets used in its upstream operations as well as gathering lines and compressor stations associated with its gathering operations, all of which are recorded at historical cost. As discussed in Note 4 – Fair Value Measurements, an impairment charge related to certain water disposal assets was recorded in the Integrated Upstream and Gathering segment at December 31, 2024. The principal assets of the Utility and Pipeline and Storage segments, consisting primarily of gas distribution pipelines, transmission pipelines, storage facilities and compressor stations, are recorded at historical cost. There were no indications of any impairments to property, plant and equipment in the Utility and Pipeline and Storage segments at December 31, 2025. Accumulated Other Comprehensive Income (Loss). The components of Accumulated Other Comprehensive Income (Loss) and changes for the three months ended December 31, 2025 and 2024, net of related tax effect, are as follows (amounts in parentheses indicate debits) (in thousands):
Reclassifications Out of Accumulated Other Comprehensive Income (Loss). The details about the reclassification adjustments out of accumulated other comprehensive income (loss) for the three months ended December 31, 2025 and 2024 are as follows (amounts in parentheses indicate debits to the income statement) (in thousands):
Other Current Assets. The components of the Company’s Other Current Assets are as follows (in thousands):
Other Accruals and Current Liabilities. The components of the Company’s Other Accruals and Current Liabilities are as follows (in thousands):
Earnings Per Common Share. Basic earnings per common share is computed by dividing income or loss by the weighted average number of common shares outstanding for the period. Diluted earnings per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For purposes of determining earnings per common share, the potentially dilutive securities the Company had outstanding were restricted stock units and performance shares. For the quarter ended December 31, 2025, the diluted weighted average shares outstanding shown on the Consolidated Statements of Income reflects the potential dilution as a result of these securities as determined using the Treasury Stock Method. Restricted stock units and performance shares that are antidilutive are excluded from the calculation of diluted earnings per common share. There were 30 securities and four securities excluded as being antidilutive for the quarters ended December 31, 2025 and December 31, 2024, respectively. Share Repurchases. The Company considers all shares repurchased as cancelled shares restored to the status of authorized but unissued shares, in accordance with New Jersey law. The repurchases are accounted for on the date the share repurchase is traded as an adjustment to common stock (at par value) with the excess repurchase price allocated between paid in capital and retained earnings. Stock-Based Compensation. The Company granted 137,995 performance shares during the quarter ended December 31, 2025. The weighted average fair value of such performance shares was $62.07 per share for the quarter ended December 31, 2025. Performance shares are an award constituting units denominated in common stock of the Company, the number of which may be adjusted over a performance cycle based upon the extent to which performance goals have been satisfied. Earned performance shares may be distributed in the form of shares of common stock of the Company, an equivalent value in cash or a combination of cash and shares of common stock of the Company, as determined by the Company. The performance shares do not entitle the participant to receive dividends during the vesting period. The performance shares granted during the quarter ended December 31, 2025 include awards that must meet a performance goal related to relative total shareholder return over a three-year performance cycle ("TSR Performance Shares"). The performance goal related to the TSR Performance Shares over the three-year performance cycle is the Company’s three-year total shareholder return relative to the three-year total shareholder return of other companies in a group selected by the Compensation Committee ("Report Group"). Three-year total shareholder return for a given company will be based on the data reported for that company (with the starting and ending stock prices over the performance cycle calculated as the average closing stock price for the prior calendar month and with dividends reinvested in that company’s securities at each ex-dividend date) in the Bloomberg database. The number of these TSR Performance Shares that will vest and be paid will depend upon the Company’s performance relative to the Report Group and not upon the absolute level of return achieved by the Company. The fair value price at the date of grant for the TSR Performance Shares is determined using a Monte Carlo simulation technique, which includes a reduction in value for the present value of forgone dividends over the vesting term of the award. This price is multiplied by the number of TSR Performance Shares awarded, the result of which is recorded as compensation expense over the vesting term of the award. The Company granted 128,755 restricted stock units during the quarter ended December 31, 2025. The weighted average fair value of such restricted stock units was $77.75 per share for the quarter ended December 31, 2025. Restricted stock units represent the right to receive shares of common stock of the Company (or the equivalent value in cash or a combination of cash and shares of common stock of the Company, as determined by the Company) at the end of a specified time period. These restricted stock units do not entitle the participant to receive dividends during the vesting period. The fair value at the date of grant of the restricted stock units (represented by the market value of Company common stock on the date of the award) must be reduced by the present value of forgone dividends over the vesting term of the award. The fair value of restricted stock units on the date of award is recorded as compensation expense over the vesting period.
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Pending Acquisition |
3 Months Ended |
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Dec. 31, 2025 | |
| Acquisitions [Abstract] | |
| Pending Acquisition | Note 2 – Pending Acquisition On October 20, 2025, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with CenterPoint Energy Resources Corp. (the “Seller”), pursuant to which, among other things, the Company agreed to acquire from the Seller all of the issued and outstanding equity interests of Vectren Energy Delivery of Ohio, LLC (“CenterPoint Ohio”) for an aggregate purchase price of $2.62 billion, subject to customary adjustments, as provided in the Purchase Agreement. This acquisition will add significant regulated scale for the Company, doubling the size of the Company’s gas utility rate base, while expanding its operations beyond New York and Pennsylvania into the neighboring state of Ohio, a state with a constructive regulatory and political environment that is supportive of natural gas. Closing is expected to occur in the fourth quarter of calendar 2026, pending completion of a notice filing and review with the PUCO, Hart-Scott-Rodino review, and other customary closing conditions. The purchase price will include a combination of $1.42 billion in cash and a $1.2 billion promissory note to be issued by the Company to the Seller at closing. The promissory note, which was part of the Seller’s desired transaction structure and was incorporated into the Company’s business valuation, will have a maturity date of 364 days post-closing and will carry an interest rate of 6.5%. Permanent financing, inclusive of the amount to repay the promissory note, will consist of long-term debt and common equity, along with expected future free cash flow. In that regard, on December 17, 2025, the Company completed the issuance and sale, in a private placement, of 4,402,513 shares of the Company's common stock, par value $1.00 per share, at a price of $79.50 per share. After deducting placement fees, the net proceeds to the Company amounted to $338.6 million. In connection with its entry into the Purchase Agreement, the Company entered into a senior unsecured bridge loan facility commitment letter supported by The Toronto-Dominion Bank (“TD Bank”), New York Branch and Wells Fargo Bank, National Association (together with TD Bank, the “Commitment Parties”), as well as a 364-day term loan facility commitment letter supported by the Commitment Parties and additional banks, all of which are lenders under the Company’s primary credit facility. The combination of both facilities fully supports any portion of the purchase price that has not been permanently financed.
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Revenue from Contracts with Customers |
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| Revenue from Contracts with Customers | Revenue from Contracts with Customers The following tables provide a disaggregation of the Company's revenues for the three months ended December 31, 2025 and 2024, presented by type of service from each reportable segment. As reported in the Company's 2025 Form 10-K, the segment reporting structure was modified to merge the Exploration and Production segment and Gathering segment into one reportable segment called Integrated Upstream and Gathering. Prior year disaggregation of revenue information shown below has been restated to reflect this change in presentation.
The Company records revenue related to its derivative financial instruments in the Integrated Upstream and Gathering segment. The Company also records revenue related to alternative revenue programs in its Utility segment. Revenue related to derivative financial instruments and alternative revenue programs are excluded from the scope of the authoritative guidance regarding revenue recognition since they are accounted for under other existing accounting guidance. The Company’s Pipeline and Storage segment expects to recognize the following revenue amounts in future periods related to “fixed” charges associated with remaining performance obligations for transportation and storage contracts: $174.8 million for the remainder of fiscal 2026; $218.7 million for fiscal 2027; $164.2 million for fiscal 2028; $130.8 million for fiscal 2029; $123.8 million for fiscal 2030; and $540.0 million thereafter.
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Fair Value Measurements |
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| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Measurements | Fair Value Measurements The FASB authoritative guidance regarding fair value measurements establishes a fair-value hierarchy and prioritizes the inputs used in valuation techniques that measure fair value. Those inputs are prioritized into three levels. Level 1 inputs are unadjusted quoted prices in active markets for assets or liabilities that the Company can access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly at the measurement date. Level 3 inputs are unobservable inputs for the asset or liability at the measurement date. The Company’s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of fair value assets and liabilities and their placement within the fair value hierarchy levels. The following table sets forth, by level within the fair value hierarchy, the Company's financial assets and liabilities (as applicable) that were accounted for at fair value on a recurring basis as of December 31, 2025 and September 30, 2025. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
(1)Netting Adjustments represent the impact of legally-enforceable master netting arrangements that allow the Company to net gain and loss positions held with the same counterparties. The net asset or net liability for each counterparty is recorded as an asset or liability on the Company’s balance sheet. The following table presents impairments of assets associated with certain nonrecurring fair value measurements within Level 3 of the fair value hierarchy as of December 31, 2025 and 2024 (in thousands):
In exploring the potential sale of certain water disposal assets during the quarter ended December 31, 2024, the Company determined that the fair market value of such assets was less than the recorded net book value resulting in an impairment charge that reduced the net book value to fair market value. These assets are used to dispose of water from operations in the Integrated Upstream and Gathering segment. Derivative Financial Instruments The derivative financial instruments reported in Level 2 at December 31, 2025 and September 30, 2025 include natural gas price swap agreements, natural gas no cost collars, and foreign currency contracts, all of which are used in the Company’s Integrated Upstream and Gathering segment. The fair value of the Level 2 price swap agreements and no cost collars is based on an internal cash flow model that uses observable inputs (i.e. SOFR based discount rates for the price swap agreements and basis differential information, if applicable, at active natural gas trading markets). The fair value of the Level 2 foreign currency contracts is determined using the market approach based on observable market transactions of forward Canadian currency rates. The authoritative guidance for fair value measurements and disclosures require consideration of the impact of nonperformance risk (including credit risk) from a market participant perspective in the measurement of the fair value of assets and liabilities. At December 31, 2025, the Company determined that nonperformance risk associated with the price swap agreements, no cost collars and foreign currency contracts would have no material impact on its financial position or results of operation. To assess nonperformance risk, the Company considered information such as any applicable collateral posted, master netting arrangements, and applied a market-based method by using the counterparty's (assuming the derivative is in a gain position) or the Company’s (assuming the derivative is in a loss position) credit default swaps rates.
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Financial Instruments |
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| Financial Instruments, Owned, at Fair Value, by Type, Alternative [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Instruments | Financial Instruments Long-Term Debt. The fair market value of the Company’s debt, as presented in the table below, was determined using a discounted cash flow model, which incorporates the Company’s credit ratings and current market conditions in determining the yield, and subsequently, the fair market value of the debt. Based on these criteria, the fair market value of long-term debt, including current portion, was as follows (in thousands):
The fair value amounts are not intended to reflect principal amounts that the Company will ultimately be required to pay. Carrying amounts for other financial instruments recorded on the Company’s Consolidated Balance Sheets approximate fair value. The fair value of long-term debt was calculated using observable inputs (U.S. Treasuries or SOFR for the risk-free component and company specific credit spread information – generally obtained from recent trade activity in the debt). As such, the Company considers the debt to be Level 2. Other Financial Instruments. Any temporary cash investments, notes payable to banks and commercial paper are stated at cost. Temporary cash investments are considered Level 1, while notes payable to banks and commercial paper are considered to be Level 2. Given the short-term nature of the notes payable to banks and commercial paper, the Company believes cost is a reasonable approximation of fair value. Other Investments. The components of the Company's Other Investments are as follows (in thousands):
Investments in life insurance contracts are stated at their cash surrender values or net present value. Investments in an equity mutual fund and a fixed income mutual fund are stated at fair value based on quoted market prices with changes in fair value recognized in net income. The insurance contracts and equity mutual fund are primarily informal funding mechanisms for various benefit obligations the Company has to certain employees. The fixed income mutual fund is primarily an informal funding mechanism for certain regulatory obligations that the Company has to Utility segment customers in its Pennsylvania jurisdiction and for various benefit obligations the Company has to certain employees. Derivative Financial Instruments. The Company uses derivative financial instruments to manage commodity price risk in the Integrated Upstream and Gathering segment. The Company enters into over-the-counter no cost collar and swap agreements for natural gas to manage the price risk associated with forecasted sales of natural gas. In addition, the Company also enters into foreign exchange forward contracts to manage the risk of currency fluctuations associated with transportation costs denominated in Canadian currency in the Integrated Upstream and Gathering segment. These instruments are accounted for as cash flow hedges. The duration of the Company’s cash flow hedges and foreign currency forward contracts do not typically exceed 5 years. The Company has presented its net derivative assets and liabilities as “Fair Value of Derivative Financial Instruments” on its Consolidated Balance Sheets at December 31, 2025 and September 30, 2025. Cash Flow Hedges For derivative financial instruments that are designated and qualify as a cash flow hedge, the gain or loss on the derivative is reported as a component of other comprehensive income (loss) and reclassified into earnings in the period or periods during which the hedged transaction affects earnings. As of December 31, 2025, the Company had 403.1 Bcf of natural gas commodity derivative contracts (swaps and no cost collars) outstanding. As of December 31, 2025, the Company was hedging a total of $41.0 million of forecasted transportation costs denominated in Canadian dollars with foreign currency forward contracts. As of December 31, 2025, the Company had $46.2 million of net hedging gains after taxes included in the accumulated other comprehensive income (loss) balance. Of this amount, it is expected that $45.9 million of unrealized gains after taxes will be reclassified into the Consolidated Statement of Income within the next 12 months as the underlying hedged transactions are recorded in earnings.
Credit Risk The Company may be exposed to credit risk on any of the derivative financial instruments that are in a gain position. Credit risk relates to the risk of loss that the Company would incur as a result of nonperformance by counterparties pursuant to the terms of their contractual obligations. To mitigate such credit risk, management performs a credit check, and then on a quarterly basis monitors counterparty credit exposure. The majority of the Company’s counterparties are financial institutions and energy traders. The Company has over-the-counter swap positions, no cost collars and applicable foreign currency forward contracts with seventeen counterparties of which sixteen are in a net gain position. On average, the Company had $4.3 million of credit exposure per counterparty in a gain position at December 31, 2025. The maximum credit exposure per counterparty in a gain position at December 31, 2025 was $10.8 million. As of December 31, 2025, no collateral was received from the counterparties by the Company. The Company's gain position on such derivative financial instruments had not exceeded the established thresholds at which the counterparties would be required to post collateral, nor had the counterparties' credit ratings declined to levels at which the counterparties were required to post collateral. Certain counterparties to the Company’s outstanding derivative instrument contracts (specifically the over-the-counter swaps, over-the-counter no cost collars and applicable foreign currency forward contracts) had a common credit-risk related contingency feature. In the event the Company’s credit rating increases or falls below a certain threshold (applicable debt ratings), the available credit that could be extended to the Company when it is in a derivative financial liability position would either increase or decrease. A decline in the Company’s credit rating, in and of itself, would not cause the Company to be required to post or increase the level of its hedging collateral deposits (in the form of cash deposits, letters of credit or treasury debt instruments). If the Company’s outstanding derivative instrument contracts with a credit-risk contingency feature were in a liability position (or if the liability were larger) and/or the Company’s credit rating declined, then hedging collateral deposits or an increase to such deposits could be required. At December 31, 2025, the fair market value of the derivative financial instrument liabilities with a credit-risk related contingency feature was $0.2 million according to the Company's internal model (discussed in Note 4 – Fair Value Measurements), and no hedging collateral deposits were required to be posted by the Company at December 31, 2025. Depending on the movement of commodity prices in the future, it is possible that these liability positions could swing into asset positions, at which point the Company would be exposed to credit risk on its derivative financial instruments. In that case, the Company's counterparties could be required to post hedging collateral deposits. |
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Income Taxes |
3 Months Ended |
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Dec. 31, 2025 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The effective tax rates for the quarters ended December 31, 2025 and December 31, 2024 were 24.6% and 19.9%, respectively. The increase in the quarterly effective income tax rate was primarily driven by the impact of the impairments of exploration and production properties under the ceiling test and other operational assets recorded during the quarter ended December 31, 2024, which resulted in a smaller income tax expense on income before income taxes during the quarter ended December 31, 2024.
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Capitalization |
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| Capitalization | Capitalization Summary of Changes in Common Stock Equity
(1)Paid in Capital includes compensation costs associated with performance shares and/or restricted stock awards. The expense is included within Net Income Available For Common Stock, net of tax benefits. Common Stock. Common stock share activity during the three months ended December 31, 2025 consisted of the following items:
(1) The Company considers all shares tendered as cancelled shares restored to the status of authorized but unissued shares, in accordance with New Jersey law. On December 17, 2025, the Company completed the issuance and sale, in a private placement, of 4,402,513 shares of the Company's common stock, par value $1.00 per share, at a price of $79.50 per share. After deducting placement fees, the net proceeds to the Company amounted to $338.6 million. The proceeds of this issuance were used for general corporate purposes, including to fund a portion of the purchase price of the Company's previously announced acquisition of CenterPoint Energy Resources Corp.'s Ohio regulated gas utility business. Refer to Note 2 – Pending Acquisition for further discussion. Current Portion of Long-Term Debt. The Current Portion of Long-Term Debt at December 31, 2025 consisted of a $300.0 million long-term delayed draw term loan scheduled to mature in February 2026 that was repaid in January 2026 and $300.0 million of 5.50% notes with a maturity date in October 2026. The Current Portion of Long-Term Debt at September 30, 2025 consisted of the aforementioned $300.0 million long-term delayed draw term loan with a maturity date in February 2026. Delayed Draw Term Loan. On February 14, 2024, the Company entered into a Term Loan Agreement (the “Term Loan Agreement”) with six lenders, all of which are lenders under the Credit Agreement. As of January 22, 2026, the Company repaid the $300.0 million drawn under the Term Loan Agreement and the agreement was therefore terminated. The Term Loan Agreement provided a $300.0 million unsecured committed delayed draw term loan facility with a maturity date of February 14, 2026, and the Company had the ability to select interest periods of one, three or six months for borrowings. In April 2024, pursuant to the delayed draw mechanism, the Company elected to draw a total of $300.0 million under the facility. After deducting debt issuance costs, the net proceeds to the Company amounted to $299.4 million. Borrowings under the Term Loan Agreement bear interest at a rate equal to SOFR for the applicable interest period, plus an adjustment of 0.10%, plus a spread of 1.375%.
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Commitments and Contingencies |
3 Months Ended |
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Dec. 31, 2025 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies Environmental Matters. The Company is subject to various federal, state and local laws and regulations relating to the protection of the environment. The Company has established procedures for the ongoing evaluation of its operations to identify potential environmental exposures and to comply with regulatory requirements. It is the Company’s policy to accrue estimated environmental clean-up costs (investigation and remediation) when such amounts can reasonably be estimated and it is probable that the Company will be required to incur such costs. At December 31, 2025, the Company has estimated its remaining clean-up costs related to former manufactured gas plant sites will be approximately $2.9 million. The Company's liability for such clean-up costs has been recorded in Other Liabilities on the Consolidated Balance Sheet at December 31, 2025. The Company has a regulatory liability of $1.5 million related to environmental clean-up costs at December 31, 2025 and is currently not aware of any material additional exposure to environmental liabilities. However, changes in environmental laws and regulations, new information or other factors could have an adverse financial impact on the Company. Other. The Company is involved in other litigation and regulatory matters arising in the normal course of business. These other matters may include, for example, negligence claims and tax, regulatory or other governmental audits, inspections, investigations and other proceedings. These matters may involve state and federal taxes, safety, compliance with regulations, rate base, cost of service and purchased gas cost issues, among other things. While these other matters arising in the normal course of business could have a material effect on earnings and cash flows in the period in which they are resolved, an estimate of the possible loss or range of loss, if any, cannot be made at this time.
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Business Segment Information |
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Segment Information | Business Segment Information The Company reports financial results for three segments: Integrated Upstream and Gathering, Pipeline and Storage, and Utility. The division of the Company’s operations into reportable segments is based on a combination of factors including differences in products and services as well as regulatory environments. As reported in the Company's 2025 Form 10-K, the segment reporting structure was modified to merge the Exploration and Production segment and Gathering segment into one reportable segment called Integrated Upstream and Gathering. Prior year segment information shown below has been recast to reflect this change in presentation. The Company's Chief Executive Officer, its Chief Operating Decision Maker (CODM), evaluates segment performance primarily using earnings attributable to the Company. External reporting is consistent with the internal financial reports used by the CODM to regularly assess performance of the business, make operating decisions and allocate resources. The Integrated Upstream and Gathering segment is composed of the operations of Seneca and Midstream Company. Seneca is engaged in the exploration for and development of natural gas reserves in the Appalachian region of the United States. Midstream Company builds, owns and operates natural gas processing and pipeline gathering facilities in the Appalachian region, primarily providing gathering services to Seneca. The Pipeline and Storage segment operations are regulated by the FERC for both Supply Corporation and Empire. Supply Corporation transports and stores natural gas for utilities (including Distribution Corporation), natural gas marketers, exploration and production companies (including Seneca) and pipeline companies serving northeastern United States markets. Empire transports and stores natural gas for major industrial companies, utilities (including Distribution Corporation) and power producers in New York State. Empire also transports natural gas for utilities (including Distribution Corporation), natural gas marketers and exploration and production companies (including Seneca) from producing areas in Pennsylvania to markets in New York and to interstate pipeline delivery points with access to additional markets in the northeastern United States and Canada. The Utility segment operations are regulated by the NYPSC and the PaPUC and are carried out by Distribution Corporation. Distribution Corporation sells natural gas to retail customers and provides natural gas transportation services in western New York and northwestern Pennsylvania. The data presented in the tables below reflects financial information for the segments and reconciles to consolidated amounts. As stated in the 2025 Form 10-K, the Company evaluates segment performance based on income before discontinued operations, when applicable. If discontinued operations are not applicable, the Company evaluates performance based on net income. There have been no changes in the basis of segmentation or in the basis of measuring segment profit or loss from those used in the Company’s 2025 Form 10-K. A listing of segment assets at December 31, 2025 and December 31, 2024 is shown in the tables below.
(1)All Revenue from External Customers originated in the United States. (2)The Company considers this line to be a significant expense. (3)Consists of Property, Franchise and Other Taxes, Non-Service Pension and Post-Retirement Benefits Costs (Credits), Other (Income) Deductions, and Purchased Gas Expense for the Pipeline and Storage Segment. (4)Corporate and All Other categories primarily represent other non-segment business activities and eliminating entries.
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Retirement Plan and Other Post-Retirement Benefits |
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| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Plan and Other Post-Retirement Benefits | Retirement Plan and Other Post-Retirement Benefits Components of Net Periodic Benefit Cost (in thousands):
(1)The Company’s policy is to record retirement plan and other post-retirement benefit costs in the Utility segment on a volumetric basis to reflect the fact that the Utility segment experiences higher throughput of natural gas in the winter months and lower throughput of natural gas in the summer months. The components of net periodic benefit cost other than service cost are presented in Other Income (Deductions) on the Consolidated Statements of Income. Employer Contributions. The Company did not make any contributions to its tax-qualified, noncontributory defined benefit retirement plan (Retirement Plan) during the three months ended December 31, 2025, and does not anticipate making any such contributions during the remainder of fiscal 2026. The Company also did not make any contributions to its VEBA trusts for its other post-retirement benefits during the three months ended December 31, 2025, and does not anticipate making any such contributions during the remainder of fiscal 2026.
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Regulatory Matters |
3 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Regulatory Assets and Liabilities, Other Disclosure [Abstract] | |
| Regulatory Matters | Regulatory Matters New York Jurisdiction Distribution Corporation's current delivery rates in its New York jurisdiction were approved by the NYPSC in an order issued on December 19, 2024 with rates effective January 1, 2025 (“2024 Rate Order”). The 2024 Rate Order authorizes a three-year rate plan effective October 1, 2024, with a make-whole provision allowing full recovery of revenues that would have been billed at the new rates between October 1, 2024 and December 31, 2024. It also reflects a return on equity of 9.7% and authorized a revenue requirement increase of $57.3 million in fiscal 2025, an additional revenue requirement increase of $15.8 million in fiscal 2026, and an additional revenue requirement increase of $12.7 million in fiscal 2027. These revenue requirement increases are being reflected in customer bills on a levelized basis over the three-year rate plan. The revenue requirement for each year of the three-year plan has been reduced by $14 million for actuarial projections of income that is expected to be recognized for qualified pension and other post-retirement benefits. Qualified pension and other post-retirement benefit income or costs are matched with amounts included in revenue resulting in zero impact to earnings. The 2024 Rate Order approves the continuation of several ratemaking mechanisms, including revenue decoupling and WNA, and establishes a number of new cost trackers and regulatory deferrals. It also includes an earnings sharing mechanism, gas safety and customer service performance metrics (including maintaining the Company’s leak prone pipe replacement program), and provisions that will facilitate achievement of the emissions reduction goals of the CLCPA. Pennsylvania Jurisdiction Distribution Corporation’s current delivery rates in its Pennsylvania jurisdiction were approved by the PaPUC in an order issued on June 15, 2023 with rates effective August 1, 2023 (“2023 Rate Order”). The 2023 Rate Order provided for, among other things, an increase in Distribution Corporation’s annual base rate operating revenues of $23 million and authorized a new weather normalization adjustment mechanism. On January 28, 2026, Distribution Corporation made a filing with the PaPUC seeking an increase in its annual base rate operating revenues of $19.7 million with a proposed effective date of March 29, 2026. The Company is proposing, among other things, a new residential energy efficiency pilot program and to make permanent its weather normalization adjustment mechanism. The Company is also proposing reactivation of the OPEB surcredit (Rider I) to refund $7.2 million for customer bill relief. The filing will be suspended for seven months by operation of law unless directed otherwise by the PaPUC. On April 10, 2024, Distribution Corporation filed with the PaPUC a petition for approval of a distribution system improvement charge (“DSIC”) to recover, between base rate cases, capital expenses related to eligible property constructed or installed to rehabilitate, improve and replace portions of the Company’s natural gas distribution system. The DSIC petition was approved by the PaPUC on December 5, 2024, and on January 1, 2025, the Company initiated recovery of eligible costs on incremental rate base added after September 30, 2024. During the quarter ended December 31, 2025, Distribution Corporation recovered $1.1 million from customers. The DSIC will be reset to zero when new base rates become effective as a result of the Company's recent rate filing. FERC Jurisdiction Supply Corporation’s rate settlement was approved June 11, 2024, with rates effective February 1, 2024, and provides that Supply Corporation may make a rate filing for new rates to be effective at any time. As well, any party can make a filing under NGA Section 5. Supply Corporation has no rate case currently on file. On March 17, 2025, FERC approved an amendment to Empire's 2019 rate case settlement, which provides for a modest reduction in Empire’s transportation unit rates, effective November 1, 2025. This settlement amendment is estimated to decrease Empire's revenues on a yearly basis by approximately $0.5 million. Empire will not be able to file a new Section 4 rate case before April 30, 2027 and is required to file a Section 4 rate case by May 31, 2031.
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Insider Trading Arrangements |
3 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Trading Arrangements, by Individual | |
| Rule 10b5-1 Arrangement Adopted | false |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
Summary of Significant Accounting Policies (Policy) |
3 Months Ended |
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Dec. 31, 2025 | |
| Accounting Policies [Abstract] | |
| Principles of Consolidation | Principles of Consolidation. The Company consolidates all entities in which it has a controlling financial interest. All significant intercompany balances and transactions are eliminated. The Company uses proportionate consolidation when accounting for drilling arrangements related to exploration and production properties accounted for under the full cost method of accounting. The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
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| Reclassifications | Reclassifications. As reported in the Company's 2025 Form 10-K, during the quarter ended September 30, 2025, the segment reporting structure was modified to merge the Exploration and Production segment and Gathering segment into one reportable segment called Integrated Upstream and Gathering. As a result, revenue and operation and maintenance expense line items on the consolidated statements of income in prior periods have been reclassified to conform to the current year presentation. Additional discussion is provided at Note 9 — Business Segment Information.
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| Earnings For Interim Periods | Earnings for Interim Periods. The Company, in its opinion, has included all adjustments (which consist of only normally recurring adjustments, unless otherwise disclosed in this Quarterly Report on Form 10-Q) that are necessary for a fair statement of the results of operations for the reported periods. The consolidated financial statements and notes thereto, included herein, should be read in conjunction with the financial statements and notes for the years ended September 30, 2025, 2024 and 2023 that are included in the Company's 2025 Form 10-K. The consolidated financial statements for the year ended September 30, 2026 will be audited by the Company's independent registered public accounting firm after the end of the fiscal year. |
| Consolidated Statements of Cash Flows | Consolidated Statements of Cash Flows. The Statement of Cash Flows for the three months ended December 31, 2025 and the three months ended December 31, 2024 reconciles the net increase in cash and cash equivalents, which consists solely of cash and temporary cash investments for the periods presented. The Company did not have any restricted cash at December 31, 2025, October 1, 2025, December 31, 2024 or October 1, 2024. The Company considers all highly liquid debt instruments purchased with a maturity date of generally three months or less to be equivalents. |
| Allowance for Uncollectible Accounts | Allowance for Uncollectible Accounts. The allowance for uncollectible accounts is the Company’s best estimate of the amount of probable credit losses in the existing accounts receivable. The allowance, the majority of which is in the Utility segment, is determined based on historical experience, the age of customer accounts, other specific information about customer accounts, and the economic and regulatory environment. Account balances have historically been written-off against the allowance approximately twelve months after the account is final billed or when it is anticipated that the receivable will not be recovered. Starting in the quarter ended March 31, 2025, account balances are being written-off against the allowance approximately three months after the account is final billed or when it is anticipated that the receivable will not be recovered. This change in policy was initiated to better match the timing of write-offs with the recovery of uncollectible expense in rates and resulted in a one-time cumulative adjustment to the allowance during the quarter ended March 31, 2025.
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| Gas Stored Underground | Gas Stored Underground. In the Utility segment, gas stored underground is carried at lower of cost or net realizable value, on a LIFO method. Gas stored underground normally declines during the first and second quarters of the year as storage quantities are withdrawn and increases in the third and fourth quarters as storage quantities are replenished. In the Utility segment, the current cost of replacing gas withdrawn from storage is recorded in the Consolidated Statements of Income and a reserve for gas replacement is recorded in the Consolidated Balance Sheets under the caption “Other Accruals and Current Liabilities.” Such reserve, which amounted to $2.8 million at December 31, 2025, is reduced to zero by September 30 of each year as the inventory is replenished.
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| Property, Plant and Equipment | Property, Plant and Equipment. In the Company’s Integrated Upstream and Gathering segment, upstream property acquisition, exploration and development costs are accounted for under the full cost method of accounting. Under this methodology, all costs associated with property acquisition, exploration and development activities are capitalized, including internal costs directly identified with acquisition, exploration and development activities. The internal costs that are capitalized do not include any costs related to production, general corporate overhead, or similar activities. The Company does not recognize any gain or loss on the sale or other disposition of properties unless the gain or loss would significantly alter the relationship between capitalized costs and proved reserves attributable to a cost center. The Company's capitalized costs relating to exploration and production activities, net of accumulated depreciation, depletion and amortization, were $2.51 billion and $2.46 billion at December 31, 2025 and September 30, 2025, respectively. Capitalized costs include costs related to unproved properties, which are excluded from amortization until proved reserves are found or it is determined that the unproved properties are impaired. Such costs amounted to $105.7 million and $112.4 million at December 31, 2025 and September 30, 2025, respectively. All costs related to unproved properties are reviewed quarterly to determine if impairment has occurred. The amount of any impairment is transferred to the pool of capitalized costs being amortized. Capitalized costs are subject to the SEC full cost ceiling test. The ceiling test, which is performed each quarter, determines a limit, or ceiling, on the amount of property acquisition, exploration and development costs that can be capitalized. The ceiling under this test represents (a) the present value of estimated future net cash flows, excluding future cash outflows associated with settling asset retirement obligations that have been accrued on the balance sheet, using a discount factor of 10%, which is computed by applying commodity pricing (as adjusted for hedging) to estimated future production of proved reserves as of the date of the latest balance sheet, less estimated future expenditures, plus (b) the cost of unproved properties not being depleted, less (c) income tax effects related to the differences between the book and tax basis of the properties. The commodity prices used to calculate the full cost ceiling are based on an unweighted arithmetic average of first day of the month commodity price for each month within the twelve-month period prior to the end of the reporting period. If capitalized costs, net of accumulated depreciation, depletion and amortization and related deferred income taxes, exceed the ceiling at the end of any quarter, a permanent non-cash impairment is required to be charged to earnings in that quarter. At December 31, 2025, the ceiling exceeded the book value of the exploration and production properties by approximately $1.3 billion. The book value of the exploration and production properties exceeded the ceiling at December 31, 2024. As such, the Company recognized a non-cash, pre-tax ceiling test impairment charge in the Integrated Upstream and Gathering segment of $108.3 million for the quarter ended December 31, 2024. A deferred income tax benefit of $29.2 million related to the non-cash impairment charge was also recognized for the quarter ended December 31, 2024. In adjusting estimated future net cash flows for hedging under the ceiling test at December 31, 2025, estimated future net cash flows were increased by $170.7 million. The Integrated Upstream and Gathering segment also has items of property, plant and equipment that are accounted for outside of the provisions of the full cost method of accounting, including water disposal assets used in its upstream operations as well as gathering lines and compressor stations associated with its gathering operations, all of which are recorded at historical cost. As discussed in Note 4 – Fair Value Measurements, an impairment charge related to certain water disposal assets was recorded in the Integrated Upstream and Gathering segment at December 31, 2024. |
| Earnings Per Common Share | Earnings Per Common Share. Basic earnings per common share is computed by dividing income or loss by the weighted average number of common shares outstanding for the period. Diluted earnings per common share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. For purposes of determining earnings per common share, the potentially dilutive securities the Company had outstanding were restricted stock units and performance shares. For the quarter ended December 31, 2025, the diluted weighted average shares outstanding shown on the Consolidated Statements of Income reflects the potential dilution as a result of these securities as determined using the Treasury Stock Method. Restricted stock units and performance shares that are antidilutive are excluded from the calculation of diluted earnings per common share. There were 30 securities and four securities excluded as being antidilutive for the quarters ended December 31, 2025 and December 31, 2024, respectively.
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| Share Repurchases | Share Repurchases. The Company considers all shares repurchased as cancelled shares restored to the status of authorized but unissued shares, in accordance with New Jersey law. The repurchases are accounted for on the date the share repurchase is traded as an adjustment to common stock (at par value) with the excess repurchase price allocated between paid in capital and retained earnings.
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| Stock-Based Compensation | Stock-Based Compensation. The Company granted 137,995 performance shares during the quarter ended December 31, 2025. The weighted average fair value of such performance shares was $62.07 per share for the quarter ended December 31, 2025. Performance shares are an award constituting units denominated in common stock of the Company, the number of which may be adjusted over a performance cycle based upon the extent to which performance goals have been satisfied. Earned performance shares may be distributed in the form of shares of common stock of the Company, an equivalent value in cash or a combination of cash and shares of common stock of the Company, as determined by the Company. The performance shares do not entitle the participant to receive dividends during the vesting period. The performance shares granted during the quarter ended December 31, 2025 include awards that must meet a performance goal related to relative total shareholder return over a three-year performance cycle ("TSR Performance Shares"). The performance goal related to the TSR Performance Shares over the three-year performance cycle is the Company’s three-year total shareholder return relative to the three-year total shareholder return of other companies in a group selected by the Compensation Committee ("Report Group"). Three-year total shareholder return for a given company will be based on the data reported for that company (with the starting and ending stock prices over the performance cycle calculated as the average closing stock price for the prior calendar month and with dividends reinvested in that company’s securities at each ex-dividend date) in the Bloomberg database. The number of these TSR Performance Shares that will vest and be paid will depend upon the Company’s performance relative to the Report Group and not upon the absolute level of return achieved by the Company. The fair value price at the date of grant for the TSR Performance Shares is determined using a Monte Carlo simulation technique, which includes a reduction in value for the present value of forgone dividends over the vesting term of the award. This price is multiplied by the number of TSR Performance Shares awarded, the result of which is recorded as compensation expense over the vesting term of the award. The Company granted 128,755 restricted stock units during the quarter ended December 31, 2025. The weighted average fair value of such restricted stock units was $77.75 per share for the quarter ended December 31, 2025. Restricted stock units represent the right to receive shares of common stock of the Company (or the equivalent value in cash or a combination of cash and shares of common stock of the Company, as determined by the Company) at the end of a specified time period. These restricted stock units do not entitle the participant to receive dividends during the vesting period. The fair value at the date of grant of the restricted stock units (represented by the market value of Company common stock on the date of the award) must be reduced by the present value of forgone dividends over the vesting term of the award. The fair value of restricted stock units on the date of award is recorded as compensation expense over the vesting period.
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Summary of Significant Accounting Policies (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Allowance for Uncollectible Accounts | Activity in the allowance for uncollectible accounts for the three months ended December 31, 2025 and 2024 are as follows (in thousands):
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| Schedule of Components of Accumulated Other Comprehensive Income (Loss) | The components of Accumulated Other Comprehensive Income (Loss) and changes for the three months ended December 31, 2025 and 2024, net of related tax effect, are as follows (amounts in parentheses indicate debits) (in thousands):
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| Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) | The details about the reclassification adjustments out of accumulated other comprehensive income (loss) for the three months ended December 31, 2025 and 2024 are as follows (amounts in parentheses indicate debits to the income statement) (in thousands):
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| Schedule of Other Current Assets | The components of the Company’s Other Current Assets are as follows (in thousands):
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| Schedule of Other Accruals and Current Liabilities | The components of the Company’s Other Accruals and Current Liabilities are as follows (in thousands):
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Revenue from Contracts with Customers (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue from Contract with Customer [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Disaggregation of Revenue | The following tables provide a disaggregation of the Company's revenues for the three months ended December 31, 2025 and 2024, presented by type of service from each reportable segment. As reported in the Company's 2025 Form 10-K, the segment reporting structure was modified to merge the Exploration and Production segment and Gathering segment into one reportable segment called Integrated Upstream and Gathering. Prior year disaggregation of revenue information shown below has been restated to reflect this change in presentation.
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Fair Value Measurements (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | The following table sets forth, by level within the fair value hierarchy, the Company's financial assets and liabilities (as applicable) that were accounted for at fair value on a recurring basis as of December 31, 2025 and September 30, 2025. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
(1)Netting Adjustments represent the impact of legally-enforceable master netting arrangements that allow the Company to net gain and loss positions held with the same counterparties. The net asset or net liability for each counterparty is recorded as an asset or liability on the Company’s balance sheet.
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| Schedule of Fair Value Measurements, Nonrecurring | The following table presents impairments of assets associated with certain nonrecurring fair value measurements within Level 3 of the fair value hierarchy as of December 31, 2025 and 2024 (in thousands):
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Financial Instruments (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Instruments, Owned, at Fair Value, by Type, Alternative [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Long-Term Debt | Based on these criteria, the fair market value of long-term debt, including current portion, was as follows (in thousands):
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| Schedule of Other Investments | The components of the Company's Other Investments are as follows (in thousands):
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| Schedule of Cash Flow Hedges |
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Capitalization (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capitalization, Long-Term Debt and Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Changes in Common Stock Equity | Summary of Changes in Common Stock Equity
(1)Paid in Capital includes compensation costs associated with performance shares and/or restricted stock awards. The expense is included within Net Income Available For Common Stock, net of tax benefits.
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| Schedule of Common Stock Share Activity | Common stock share activity during the three months ended December 31, 2025 consisted of the following items:
(1) The Company considers all shares tendered as cancelled shares restored to the status of authorized but unissued shares, in accordance with New Jersey law.
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Business Segment Information (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Financial Segment Information by Segment | A listing of segment assets at December 31, 2025 and December 31, 2024 is shown in the tables below.
(1)All Revenue from External Customers originated in the United States. (2)The Company considers this line to be a significant expense. (3)Consists of Property, Franchise and Other Taxes, Non-Service Pension and Post-Retirement Benefits Costs (Credits), Other (Income) Deductions, and Purchased Gas Expense for the Pipeline and Storage Segment. (4)Corporate and All Other categories primarily represent other non-segment business activities and eliminating entries.
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Retirement Plan and Other Post-Retirement Benefits (Tables) |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retirement Benefits [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Components of Net Periodic Benefit Cost (Income) | Components of Net Periodic Benefit Cost (in thousands):
(1)The Company’s policy is to record retirement plan and other post-retirement benefit costs in the Utility segment on a volumetric basis to reflect the fact that the Utility segment experiences higher throughput of natural gas in the winter months and lower throughput of natural gas in the summer months.
|
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Summary Of Significant Accounting Policies (Narrative) (Details) $ / shares in Units, $ in Thousands |
3 Months Ended | 12 Months Ended | |||
|---|---|---|---|---|---|
|
Dec. 31, 2025
USD ($)
$ / shares
shares
|
Sep. 30, 2025
USD ($)
segment
|
Dec. 31, 2024
USD ($)
shares
|
Sep. 30, 2025
USD ($)
|
Sep. 30, 2026
USD ($)
|
|
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Gas Stored Underground | $ 18,978 | $ 33,468 | $ 33,468 | ||
| Capitalized costs relating to exploration and production activities, net | 2,510,000 | $ 2,460,000 | 2,460,000 | ||
| Capitalized costs of unproved properties excluded from amortization | $ 105,700 | $ 112,400 | |||
| Full cost ceiling test discount factor (as a percent) | 10.00% | ||||
| Amount full cost ceiling exceeds book value of exploration and production properties | $ 1,300,000 | ||||
| Impairment of exploration and production properties | $ 108,300 | ||||
| Increase estimated future net cash flows | $ 170,700 | ||||
| Antidilutive securities (in shares) | shares | 30 | 4 | |||
| Impairment of Exploration and Production Properties | |||||
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Deferred income tax benefit | $ 29,200 | ||||
| Reserve For Gas Replacement | |||||
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Gas Stored Underground | $ 2,800 | ||||
| Reserve For Gas Replacement | Forecast | |||||
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Gas Stored Underground | $ 0 | ||||
| Exploration and Production & Gathering Segments | |||||
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Number of operating segments | segment | 1 | ||||
| Restricted Stock Units | |||||
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Share based compensation other than options grants in period (in shares) | shares | 128,755 | ||||
| Granted in fiscal year, weighted average grant date fair value (in USD per share) | $ / shares | $ 77.75 | ||||
| Vesting of Performance Shares | |||||
| Summary Of Significant Accounting Policies [Line Items] | |||||
| Share based compensation other than options grants in period (in shares) | shares | 137,995 | ||||
| Granted in fiscal year, weighted average grant date fair value (in USD per share) | $ / shares | $ 62.07 | ||||
| Relative shareholder return, performance cycle (in years) | 3 years | ||||
Summary of Significant Accounting Policies (Schedule of Allowance for Uncollectible Accounts) (Details) - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Allowance for Uncollectible Accounts [Roll Forward] | ||
| Balance at Beginning of Period | $ 17,099 | $ 26,194 |
| Additions Charged to Costs and Expenses | 5,214 | 4,605 |
| Discounts on Purchased Receivables | 121 | 107 |
| Net Accounts Receivable Written-Off | (4,930) | (2,522) |
| Balance at End of Period | $ 17,504 | $ 28,384 |
Summary of Significant Accounting Policies (Schedule of Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Accumulated Other Comprehensive Income (Loss) [Roll Forward] | ||
| Other Comprehensive Gains and Losses Before Reclassifications | $ 35,952 | $ (39,113) |
| Amounts Reclassified From Other Comprehensive Income (Loss) | (9,720) | (21,564) |
| Gains and Losses on Derivative Financial Instruments | ||
| Accumulated Other Comprehensive Income (Loss) [Roll Forward] | ||
| Beginning balance | 19,950 | 55,799 |
| Other Comprehensive Gains and Losses Before Reclassifications | 35,952 | (39,113) |
| Amounts Reclassified From Other Comprehensive Income (Loss) | (9,720) | (21,564) |
| Ending balance | 46,182 | (4,878) |
| Funded Status of the Pension and Other Post-Retirement Benefit Plans | ||
| Accumulated Other Comprehensive Income (Loss) [Roll Forward] | ||
| Beginning balance | (79,172) | (71,275) |
| Other Comprehensive Gains and Losses Before Reclassifications | 0 | 0 |
| Amounts Reclassified From Other Comprehensive Income (Loss) | 0 | 0 |
| Ending balance | (79,172) | (71,275) |
| Accumulated Other Comprehensive Income (Loss) | ||
| Accumulated Other Comprehensive Income (Loss) [Roll Forward] | ||
| Beginning balance | (59,222) | (15,476) |
| Ending balance | $ (32,990) | $ (76,153) |
Summary of Significant Accounting Policies (Schedule of Reclassification Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands |
3 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|||
| Reclassification Adjustments out of Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
| Operating Revenues | $ 651,507 | $ 549,482 | ||
| Total Before Income Tax | 240,982 | 56,168 | ||
| Income Tax Expense | [1] | (59,337) | (11,182) | |
| Net Income Available for Common Stock | 181,645 | 44,986 | ||
| Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) | ||||
| Reclassification Adjustments out of Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
| Total Before Income Tax | 13,274 | 29,504 | ||
| Income Tax Expense | (3,554) | (7,940) | ||
| Net Income Available for Common Stock | 9,720 | 21,564 | ||
| Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) | Commodity Contracts | Gains and Losses on Derivative Financial Instruments | ||||
| Reclassification Adjustments out of Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
| Operating Revenues | 13,395 | 29,729 | ||
| Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) | Foreign Currency Contracts | Gains and Losses on Derivative Financial Instruments | ||||
| Reclassification Adjustments out of Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||
| Operating Revenues | $ (121) | $ (225) | ||
| ||||
Summary of Significant Accounting Policies (Schedule of Components of Other Current Assets) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
|---|---|---|
| Summary Of Significant Accounting Policies [Line Items] | ||
| Prepayments | $ 13,854 | $ 16,477 |
| Prepaid Property and Other Taxes | 13,855 | 13,920 |
| Regulatory Assets | 34,388 | 35,362 |
| Other Current Assets | 62,097 | 80,759 |
| Federal Income Taxes Receivable | ||
| Summary Of Significant Accounting Policies [Line Items] | ||
| Income Taxes Receivable | 0 | 14,511 |
| State Income Taxes Receivable | ||
| Summary Of Significant Accounting Policies [Line Items] | ||
| Income Taxes Receivable | $ 0 | $ 489 |
Summary of Significant Accounting Policies (Schedule of Other Accruals and Current Liabilities) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
|---|---|---|
| Summary Of Significant Accounting Policies [Line Items] | ||
| Accrued Capital Expenditures | $ 47,178 | $ 45,932 |
| Regulatory Liabilities | 26,367 | 20,624 |
| Reserve for Gas Replacement | 2,799 | 0 |
| Liability for Royalty and Working Interests | 36,608 | 28,076 |
| Pennsylvania Impact Fee | 19,955 | 14,923 |
| Non-Qualified Benefit Plan Liability | 11,567 | 11,567 |
| Other | 54,668 | 53,567 |
| Other Accruals and Current Liabilities | 209,202 | 174,689 |
| Federal Income Taxes Payable | ||
| Summary Of Significant Accounting Policies [Line Items] | ||
| Federal Income Taxes Payable | 5,384 | 0 |
| State Income Taxes Payable | ||
| Summary Of Significant Accounting Policies [Line Items] | ||
| Federal Income Taxes Payable | $ 4,676 | $ 0 |
Pending Acquisition (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | |||||
|---|---|---|---|---|---|---|
Dec. 17, 2025 |
Nov. 06, 2025 |
Dec. 31, 2026 |
Dec. 31, 2025 |
Dec. 31, 2024 |
Sep. 30, 2025 |
|
| Business Combination [Line Items] | ||||||
| Common stock, par value (in dollars per share) | $ 1 | $ 1 | ||||
| Net Proceeds from Common Stock Sale | $ 347,106 | $ 0 | ||||
| Sale of Common Stock | ||||||
| Business Combination [Line Items] | ||||||
| Common stock issued from sale of common stock (in shares) | 4,402,513 | 4,402,513 | ||||
| Common stock, par value (in dollars per share) | $ 1.00 | |||||
| Per share or per unit amount of equity securities issued (in dollars per share) | $ 79.50 | |||||
| Net Proceeds from Common Stock Sale | $ 338,600 | |||||
| Vectren Energy Delivery of Ohio, LLC | Term Loan Facility, Commitment Letter | ||||||
| Business Combination [Line Items] | ||||||
| Debt instrument, term | 364 days | |||||
| Forecast | Vectren Energy Delivery of Ohio, LLC | ||||||
| Business Combination [Line Items] | ||||||
| Total consideration | $ 2,620,000 | |||||
| Payments to acquire businesses, gross | 1,420,000 | |||||
| Forecast | Vectren Energy Delivery of Ohio, LLC | Promissory Note | ||||||
| Business Combination [Line Items] | ||||||
| Long-term debt, face amount | $ 1,200,000 | |||||
| Debt instrument, term | 364 days | |||||
| Interest rate (in percent) | 6.50% | |||||
Revenue from Contracts with Customers (Schedule of Disaggregation of Revenue) (Details) - USD ($) $ in Thousands |
3 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | $ 637,863 | $ 513,836 | ||
| Alternative Revenue Programs | 249 | 5,917 | ||
| Derivative Financial Instruments | 13,395 | 29,729 | ||
| Total Revenues | 651,507 | 549,482 | ||
| Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 675,617 | 551,783 | ||
| Alternative Revenue Programs | 249 | 5,917 | ||
| Derivative Financial Instruments | 13,395 | 29,729 | ||
| Total Revenues | 689,261 | 587,429 | ||
| All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Alternative Revenue Programs | 0 | 0 | ||
| Derivative Financial Instruments | 0 | 0 | ||
| Total Revenues | 0 | 0 | ||
| Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | (37,754) | (37,947) | ||
| Alternative Revenue Programs | 0 | 0 | ||
| Derivative Financial Instruments | 0 | 0 | ||
| Total Revenues | [1] | (37,754) | (37,947) | |
| Integrated Upstream and Gathering | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues | 323,223 | 252,308 | ||
| Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 309,828 | 222,579 | ||
| Alternative Revenue Programs | 0 | 0 | ||
| Derivative Financial Instruments | 13,395 | 29,729 | ||
| Total Revenues | 323,223 | 252,308 | ||
| Pipeline and Storage | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues | 69,237 | 68,750 | ||
| Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 106,901 | 106,612 | ||
| Alternative Revenue Programs | 0 | 0 | ||
| Derivative Financial Instruments | 0 | 0 | ||
| Total Revenues | 106,901 | 106,612 | ||
| Utility | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues | 259,047 | 228,424 | ||
| Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 258,888 | 222,592 | ||
| Alternative Revenue Programs | 249 | 5,917 | ||
| Derivative Financial Instruments | 0 | 0 | ||
| Total Revenues | 259,137 | 228,509 | ||
| Production of Natural Gas | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 302,460 | 217,458 | ||
| Production of Natural Gas | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 302,460 | 217,458 | ||
| Production of Natural Gas | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Natural Gas | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Natural Gas | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 302,460 | 217,458 | ||
| Production of Natural Gas | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Natural Gas | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Crude Oil | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 292 | 515 | ||
| Production of Crude Oil | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 292 | 515 | ||
| Production of Crude Oil | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Crude Oil | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Crude Oil | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 292 | 515 | ||
| Production of Crude Oil | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Production of Crude Oil | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Processing | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 164 | 275 | ||
| Natural Gas Processing | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 164 | 275 | ||
| Natural Gas Processing | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Processing | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Processing | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 164 | 275 | ||
| Natural Gas Processing | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Processing | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Gathering Service | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 2,767 | 3,448 | ||
| Natural Gas Gathering Service | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 2,767 | 3,448 | ||
| Natural Gas Gathering Service | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Gathering Service | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Gathering Service | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 2,767 | 3,448 | ||
| Natural Gas Gathering Service | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Gathering Service | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Transportation Service | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 86,869 | 80,944 | ||
| Natural Gas Transportation Service | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 113,626 | 108,125 | ||
| Natural Gas Transportation Service | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Transportation Service | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | (26,757) | (27,181) | ||
| Natural Gas Transportation Service | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Transportation Service | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 81,008 | 81,204 | ||
| Natural Gas Transportation Service | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 32,618 | 26,921 | ||
| Natural Gas Storage Service | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 14,422 | 14,489 | ||
| Natural Gas Storage Service | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 25,137 | 24,993 | ||
| Natural Gas Storage Service | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Storage Service | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | (10,715) | (10,504) | ||
| Natural Gas Storage Service | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Storage Service | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 25,137 | 24,993 | ||
| Natural Gas Storage Service | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Residential Sales | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 198,008 | 156,350 | ||
| Natural Gas Residential Sales | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 198,008 | 156,350 | ||
| Natural Gas Residential Sales | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Residential Sales | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Residential Sales | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Residential Sales | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Residential Sales | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 198,008 | 156,350 | ||
| Natural Gas Commercial Sales | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 27,877 | 22,243 | ||
| Natural Gas Commercial Sales | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 27,877 | 22,243 | ||
| Natural Gas Commercial Sales | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Commercial Sales | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Commercial Sales | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Commercial Sales | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Commercial Sales | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 27,877 | 22,243 | ||
| Natural Gas Industrial Sales | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 1,408 | 1,337 | ||
| Natural Gas Industrial Sales | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 1,409 | 1,338 | ||
| Natural Gas Industrial Sales | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Industrial Sales | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | (1) | (1) | ||
| Natural Gas Industrial Sales | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Industrial Sales | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Natural Gas Industrial Sales | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 1,409 | 1,338 | ||
| Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 3,596 | 16,777 | ||
| Other | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 3,877 | 17,038 | ||
| Other | All Other | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 0 | 0 | ||
| Other | Corporate and Intersegment Eliminations | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | (281) | (261) | ||
| Other | Integrated Upstream and Gathering | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 4,145 | 883 | ||
| Other | Pipeline and Storage | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | 756 | 415 | ||
| Other | Utility | Operating Segments | ||||
| Disaggregation of Revenue [Line Items] | ||||
| Total Revenues from Contracts with Customers | $ (1,024) | $ 15,740 | ||
| ||||
Revenue from Contracts with Customers (Narrative) (Details) $ in Millions |
3 Months Ended | |
|---|---|---|
|
Sep. 30, 2025
segment
|
Dec. 31, 2025
USD ($)
|
|
| Exploration and Production & Gathering Segments | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Number of operating segments | segment | 1 | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Remaining performance obligations | $ 174.8 | |
| Remaining performance obligation, period | 9 months | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-10-01 | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Remaining performance obligations | $ 218.7 | |
| Remaining performance obligation, period | 1 year | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-10-01 | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Remaining performance obligations | $ 164.2 | |
| Remaining performance obligation, period | 1 year | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-10-01 | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Remaining performance obligations | $ 130.8 | |
| Remaining performance obligation, period | 1 year | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-10-01 | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Remaining performance obligations | $ 123.8 | |
| Remaining performance obligation, period | 1 year | |
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2030-10-01 | ||
| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] | ||
| Remaining performance obligations | $ 540.0 | |
| Remaining performance obligation, period |
Fair Value Measurements (Schedule of Recurring Fair Value Measures of Assets and Liabilities) (Details) - Fair Value, Recurring - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
||
|---|---|---|---|---|
| Derivative Financial Instruments: | ||||
| Derivative Asset Netting Adjustment | [1] | $ (41,461) | $ (47,095) | |
| Derivative Asset, Statement of Financial Position [Extensible Enumeration] | Fair Value of Derivative Financial Instruments | Fair Value of Derivative Financial Instruments | ||
| Total Assets | [1] | $ 354,651 | $ 93,807 | |
| Derivative Financial Instruments: | ||||
| Derivative Liability Netting Adjustments | [1] | $ (41,461) | $ (47,095) | |
| Derivative Liability, Statement of Financial Position [Extensible Enumeration] | Fair Value of Derivative Financial Instruments | Fair Value of Derivative Financial Instruments | ||
| Total Liabilities | [1] | $ 155 | $ 6,003 | |
| Total Net Assets/(Liabilities) Netting Adjustments | [1] | 0 | 0 | |
| Total Net Assets/(Liabilities) | [1] | 354,496 | 87,804 | |
| Money Market Funds | ||||
| Assets: | ||||
| Cash Equivalents – Money Market Mutual Funds | [1] | 260,901 | 30,551 | |
| Over the Counter Swaps — Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset Netting Adjustment | [1] | (32,868) | (33,615) | |
| Derivative asset | [1] | 51,360 | 28,575 | |
| Derivative Financial Instruments: | ||||
| Derivative Liability Netting Adjustments | [1] | (32,868) | (33,615) | |
| Derivative liability | [1] | 0 | 554 | |
| Over the Counter No Cost Collars – Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset Netting Adjustment | [1] | (8,154) | (12,805) | |
| Derivative asset | [1] | 18,259 | 11,344 | |
| Derivative Financial Instruments: | ||||
| Derivative Liability Netting Adjustments | [1] | (8,154) | (12,805) | |
| Derivative liability | [1] | 0 | 5,231 | |
| Foreign Currency Contracts | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset Netting Adjustment | [1] | (439) | (675) | |
| Derivative asset | [1] | (255) | (531) | |
| Derivative Financial Instruments: | ||||
| Derivative Liability Netting Adjustments | [1] | (439) | (675) | |
| Derivative liability | [1] | 155 | 218 | |
| Balanced Equity Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | [1] | 14,183 | 13,786 | |
| Fixed Income Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | [1] | 10,203 | 10,082 | |
| Level 1 | ||||
| Derivative Financial Instruments: | ||||
| Total Assets | 285,287 | 54,419 | ||
| Derivative Financial Instruments: | ||||
| Total Liabilities | 0 | 0 | ||
| Total Net Assets/(Liabilities) | 285,287 | 54,419 | ||
| Level 1 | Money Market Funds | ||||
| Assets: | ||||
| Cash Equivalents – Money Market Mutual Funds | 260,901 | 30,551 | ||
| Level 1 | Over the Counter Swaps — Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 0 | 0 | ||
| Level 1 | Over the Counter No Cost Collars – Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 0 | 0 | ||
| Level 1 | Foreign Currency Contracts | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 0 | 0 | ||
| Level 1 | Balanced Equity Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | 14,183 | 13,786 | ||
| Level 1 | Fixed Income Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | 10,203 | 10,082 | ||
| Level 2 | ||||
| Derivative Financial Instruments: | ||||
| Total Assets | 110,825 | 86,483 | ||
| Derivative Financial Instruments: | ||||
| Total Liabilities | 41,616 | 53,098 | ||
| Total Net Assets/(Liabilities) | 69,209 | 33,385 | ||
| Level 2 | Money Market Funds | ||||
| Assets: | ||||
| Cash Equivalents – Money Market Mutual Funds | 0 | 0 | ||
| Level 2 | Over the Counter Swaps — Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 84,228 | 62,190 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 32,868 | 34,169 | ||
| Level 2 | Over the Counter No Cost Collars – Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 26,413 | 24,149 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 8,154 | 18,036 | ||
| Level 2 | Foreign Currency Contracts | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 184 | 144 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 594 | 893 | ||
| Level 2 | Balanced Equity Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | 0 | 0 | ||
| Level 2 | Fixed Income Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | 0 | 0 | ||
| Level 3 | ||||
| Derivative Financial Instruments: | ||||
| Total Assets | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Total Liabilities | 0 | 0 | ||
| Total Net Assets/(Liabilities) | 0 | 0 | ||
| Level 3 | Money Market Funds | ||||
| Assets: | ||||
| Cash Equivalents – Money Market Mutual Funds | 0 | 0 | ||
| Level 3 | Over the Counter Swaps — Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 0 | 0 | ||
| Level 3 | Over the Counter No Cost Collars – Gas | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 0 | 0 | ||
| Level 3 | Foreign Currency Contracts | ||||
| Derivative Financial Instruments: | ||||
| Derivative Asset | 0 | 0 | ||
| Derivative Financial Instruments: | ||||
| Derivative Liability | 0 | 0 | ||
| Level 3 | Balanced Equity Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | 0 | 0 | ||
| Level 3 | Fixed Income Mutual Fund | ||||
| Derivative Financial Instruments: | ||||
| Other Investments | $ 0 | $ 0 | ||
| ||||
Fair Value Measures and Disclosures (Schedule of Nonrecurring Fair Value Measures Within Level 3) (Details) - USD ($) $ in Thousands |
3 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|||
| Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||||
| Impairment of Assets | [1] | $ 0 | $ 141,802 | |
| Level 3 | Fair Value, Nonrecurring | Integrated Upstream and Gathering | ||||
| Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||||
| Impairment of Assets | $ 0 | 33,453 | ||
| Property, plant, and equipment, fair value | $ 12,880 | |||
| ||||
Financial Instruments (Schedule of Long-Term Debt) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
|---|---|---|
| Financial Instruments, Owned, at Fair Value, by Type, Alternative [Abstract] | ||
| Carrying Amount | $ 2,683,892 | $ 2,682,861 |
| Fair Value | $ 2,695,409 | $ 2,696,145 |
Financial Instruments (Schedule of Other Investments) (Details) - USD ($) $ in Thousands |
Dec. 31, 2025 |
Sep. 30, 2025 |
|---|---|---|
| Investment Holdings [Line Items] | ||
| Life Insurance Contracts | $ 44,576 | $ 44,478 |
| Other Investments | 68,962 | 68,346 |
| Equity Mutual Fund | ||
| Investment Holdings [Line Items] | ||
| Mutual Funds | 14,183 | 13,786 |
| Fixed Income Mutual Fund | ||
| Investment Holdings [Line Items] | ||
| Mutual Funds | $ 10,203 | $ 10,082 |
Financial Instruments (Narrative) (Details) $ in Millions, Bcf in Billions |
3 Months Ended |
|---|---|
|
Dec. 31, 2025
USD ($)
counterparty
Bcf
| |
| Derivative Instruments, Gain (Loss) [Line Items] | |
| After tax net hedging gains in accumulated other comprehensive income (loss) | $ 46.2 |
| After tax net hedging gains reclassified within twelve months | 45.9 |
| Fair market value of derivative liability with a credit-risk related contingency | 0.2 |
| Hedging Collateral Deposits | 0.0 |
| Foreign Currency Contracts | |
| Derivative Instruments, Gain (Loss) [Line Items] | |
| Hedging notional amount of forecasted transportation costs | $ 41.0 |
| Over the Counter Swaps, No Cost Collars and Foreign Currency Forward Contracts | |
| Derivative Instruments, Gain (Loss) [Line Items] | |
| Number of counterparties in which the company holds over-the-counter swap positions | counterparty | 17 |
| Number of counterparties in net gain position | counterparty | 16 |
| Credit risk exposure per counterparty | $ 4.3 |
| Maximum credit risk exposure per counterparty | 10.8 |
| Collateral received by the company | $ 0.0 |
| Cash Flow Hedges | |
| Derivative Instruments, Gain (Loss) [Line Items] | |
| Hedge duration | 5 years |
| Cash Flow Hedges | Natural Gas Bcf | |
| Derivative Instruments, Gain (Loss) [Line Items] | |
| Nonmonetary notional amount of price risk cash flow hedge derivatives, natural gas | Bcf | 403.1 |
Financial Instruments (Schedule of Cash Flow Hedges) (Details) - USD ($) $ in Thousands |
3 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Derivative Instruments, Gain (Loss) [Line Items] | ||
| Amount of Derivative Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on the Consolidated Statement of Comprehensive Income (Loss) | $ 49,098 | $ (53,516) |
| Amount of Derivative Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) on the Consolidated Balance Sheet into the Consolidated Statement of Income | 13,274 | 29,504 |
| Commodity Contracts | Operating Revenues | ||
| Derivative Instruments, Gain (Loss) [Line Items] | ||
| Amount of Derivative Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on the Consolidated Statement of Comprehensive Income (Loss) | 48,880 | (51,909) |
| Amount of Derivative Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) on the Consolidated Balance Sheet into the Consolidated Statement of Income | 13,395 | 29,729 |
| Foreign Currency Contracts | Operating Revenues | ||
| Derivative Instruments, Gain (Loss) [Line Items] | ||
| Amount of Derivative Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on the Consolidated Statement of Comprehensive Income (Loss) | 218 | (1,607) |
| Amount of Derivative Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) on the Consolidated Balance Sheet into the Consolidated Statement of Income | $ (121) | $ (225) |
Income Taxes (Details) |
3 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|
| Income Tax Disclosure [Abstract] | ||
| Effective tax rate | 24.60% | 19.90% |
Capitalization (Schedule of Changes in Common Stock Equity) (Details) - USD ($) $ / shares in Units, $ in Thousands |
3 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 17, 2025 |
Dec. 31, 2025 |
Dec. 31, 2024 |
|||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Beginning balance (in shares) | 90,379,095 | ||||
| Beginning balance | $ 3,094,604 | ||||
| Net Income Available for Common Stock | 181,645 | $ 44,986 | |||
| Dividends Declared on Common Stock | (50,834) | (46,671) | |||
| Other Comprehensive Income (Loss), Net of Tax | $ 26,232 | $ (60,677) | |||
| Ending balance (in shares) | 95,017,438 | ||||
| Ending balance | $ 3,587,960 | ||||
| Dividends per share (in dollars per share) | $ 0.535 | $ 0.515 | |||
| Sale of Common Stock | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Common Stock Issued from Sale of Common Stock (in shares) | 4,402,513 | 4,402,513 | |||
| Stock and Benefit Plans | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Common Stock Issued Under Stock and Benefit Plans (in shares) | 235,830 | ||||
| Common Stock | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Beginning balance (in shares) | 90,379,000 | 91,006,000 | |||
| Beginning balance | $ 90,379 | $ 91,006 | |||
| Common Stock Issued Under Stock and Benefit Plans (in shares) | 235,000 | 156,000 | |||
| Common Stock Issued Under Stock and Benefit Plans | $ 235 | $ 156 | |||
| Ending balance (in shares) | 95,017,000 | 90,613,000 | |||
| Ending balance | $ 95,017 | $ 90,613 | |||
| Common Stock | Sale of Common Stock | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Common Stock Issued from Sale of Common Stock (in shares) | 4,403,000 | ||||
| Common Stock Issued from Sale of Common Stock | $ 4,403 | ||||
| Common Stock | Share Repurchase Plan | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Share Repurchases (in shares) | (549,000) | ||||
| Share Repurchases | $ (549) | ||||
| Paid In Capital | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Beginning balance | 1,050,918 | 1,045,487 | |||
| Share-Based Payment Expense | [1] | 3,427 | 4,090 | ||
| Ending balance | 1,382,593 | 1,039,705 | |||
| Paid In Capital | Sale of Common Stock | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Common Stock Issued from Sale of Common Stock | 334,173 | ||||
| Paid In Capital | Stock and Benefit Plans | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Share Repurchases | (5,925) | (3,511) | |||
| Paid In Capital | Share Repurchase Plan | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Share Repurchases | (6,361) | ||||
| Earnings Reinvested in the Business | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Beginning balance | 2,012,529 | 1,727,326 | |||
| Net Income Available for Common Stock | 181,645 | 44,986 | |||
| Dividends Declared on Common Stock | (50,834) | (46,671) | |||
| Share Repurchases | 0 | (26,993) | |||
| Ending balance | 2,143,340 | 1,698,648 | |||
| Earnings Reinvested in the Business | Share Repurchase Plan | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Share Repurchases | (26,993) | ||||
| Accumulated Other Comprehensive Income (Loss) | |||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||
| Beginning balance | (59,222) | (15,476) | |||
| Other Comprehensive Income (Loss), Net of Tax | 26,232 | (60,677) | |||
| Ending balance | $ (32,990) | $ (76,153) | |||
| |||||
Capitalization (Schedule of Common Stock Share Activity) (Details) - shares |
3 Months Ended | |||
|---|---|---|---|---|
Dec. 17, 2025 |
Dec. 31, 2025 |
|||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Total Common Stock Issued (in shares) | 4,638,343 | |||
| Sale of Common Stock | ||||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Common Stock Issued from Sale of Common Stock (in shares) | 4,402,513 | 4,402,513 | ||
| Director Equity Compensation Plan And Director And Officer DCP Plan | ||||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Common stock issued (in shares) | 7,368 | |||
| Shares Tendered to Pay Withholding Taxes on Stock-Based Compensation Awards | ||||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Share Repurchases (in shares) | [1] | (77,422) | ||
| Stock and Benefit Plans | ||||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Common stock issued (in shares) | 235,830 | |||
| Vesting of Restricted Stock Units | ||||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Common stock issued (in shares) | 138,643 | |||
| Vesting of Performance Shares | ||||
| Schedule of Capitalization, Equity [Line Items] | ||||
| Common stock issued (in shares) | 167,241 | |||
| ||||
Capitalization (Narrative) (Details) $ / shares in Units, $ in Thousands |
3 Months Ended | 12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
|
Jan. 22, 2026
USD ($)
|
Dec. 17, 2025
USD ($)
$ / shares
shares
|
Dec. 31, 2025
USD ($)
$ / shares
shares
|
Dec. 31, 2024
USD ($)
|
Sep. 30, 2024
USD ($)
|
Sep. 30, 2025
USD ($)
$ / shares
|
Apr. 30, 2024
USD ($)
|
Feb. 14, 2024
USD ($)
lender
|
|
| Debt Instrument [Line Items] | ||||||||
| Common stock, par value (in dollars per share) | $ / shares | $ 1 | $ 1 | ||||||
| Net Proceeds from Common Stock Sale | $ 347,106 | $ 0 | ||||||
| Current Portion of Long-Term Debt | 600,000 | $ 300,000 | ||||||
| 5.50% Through October 2026 | ||||||||
| Debt Instrument [Line Items] | ||||||||
| Current Portion of Long-Term Debt | $ 300,000 | |||||||
| Long-term debt, interest rate | 5.50% | |||||||
| Term Loan Agreement | ||||||||
| Debt Instrument [Line Items] | ||||||||
| Current Portion of Long-Term Debt | $ 300,000 | $ 300,000 | ||||||
| Number of lenders | lender | 6 | |||||||
| Maximum borrowing capacity | $ 300,000 | |||||||
| Long-term debt, face amount | $ 300,000 | |||||||
| Net Proceeds from Issuance of Long-Term Debt | $ 299,400 | |||||||
| Rate adjustment to SOFR | 0.0010 | |||||||
| Spread on variable rate | 1.375% | |||||||
| Term Loan Agreement | Subsequent Event | ||||||||
| Debt Instrument [Line Items] | ||||||||
| Repayment of delayed draw term loan | $ 300,000 | |||||||
| Sale of Common Stock | ||||||||
| Debt Instrument [Line Items] | ||||||||
| Common Stock Issued from Sale of Common Stock (in shares) | shares | 4,402,513 | 4,402,513 | ||||||
| Common stock, par value (in dollars per share) | $ / shares | $ 1.00 | |||||||
| Per share or per unit amount of equity securities issued (in dollars per share) | $ / shares | $ 79.50 | |||||||
| Net Proceeds from Common Stock Sale | $ 338,600 | |||||||
Commitments and Contingencies (Details) $ in Millions |
Dec. 31, 2025
USD ($)
|
|---|---|
| Other Commitments [Line Items] | |
| Estimated minimum liability for environmental remediation | $ 2.9 |
| Environmental Site Remediation Costs | |
| Other Commitments [Line Items] | |
| Other Regulatory Liabilities | $ 1.5 |
Business Segment Information (Narrative) (Details) - segment |
3 Months Ended | |
|---|---|---|
Dec. 31, 2025 |
Sep. 30, 2025 |
|
| Segment Reporting Information [Line Items] | ||
| Number of reportable segments | 3 | |
| Exploration and Production & Gathering Segments | ||
| Segment Reporting Information [Line Items] | ||
| Number of operating segments | 1 | |
Business Segment Information - (Schedule of Information By Segment) (Details) - USD ($) $ in Thousands |
3 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Sep. 30, 2025 |
|||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1] | $ 651,507 | $ 549,482 | ||||||||
| Intersegment Revenues | 0 | 0 | |||||||||
| Total Revenues | 651,507 | 549,482 | |||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2] | 19,343 | 19,267 | ||||||||
| Lease Operating Expense | [2] | 16,037 | 9,064 | ||||||||
| Gathering Operation and Maintenance Expense | [2] | 10,319 | 6,670 | ||||||||
| All Other Operation and Maintenance Expense | [2] | 97,290 | 89,725 | ||||||||
| Purchased Gas | [2] | 85,606 | 65,337 | ||||||||
| Depreciation, Depletion and Amortization | [2] | 122,025 | 109,370 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2] | 0 | 141,802 | ||||||||
| Interest Expense | [2] | 43,374 | 37,743 | ||||||||
| Interest Income | (2,777) | (1,683) | |||||||||
| Income Tax Expense (Benefit) | [2] | 59,337 | 11,182 | ||||||||
| Other Expense (Income) Items | [3] | 19,308 | 16,019 | ||||||||
| Segment Profit: Net Income (Loss) | 181,645 | 44,986 | |||||||||
| Expenditures for Additions to Long-Lived Assets | 222,721 | 192,055 | |||||||||
| Segment Assets: | 9,205,872 | $ 8,719,104 | |||||||||
| Operating Segments | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Total Revenues | 689,261 | 587,429 | |||||||||
| All Other | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Total Revenues | 0 | 0 | |||||||||
| Corporate | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1],[4] | 0 | 0 | ||||||||
| Corporate and Intersegment Eliminations | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Intersegment Revenues | [4] | (37,754) | (37,947) | ||||||||
| Total Revenues | [4] | (37,754) | (37,947) | ||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2],[4] | (63) | (59) | ||||||||
| Lease Operating Expense | [2],[4] | (789) | (1,587) | ||||||||
| Gathering Operation and Maintenance Expense | [2],[4] | (69) | (65) | ||||||||
| All Other Operation and Maintenance Expense | [2],[4] | 5,652 | 2,564 | ||||||||
| Purchased Gas | [2],[4] | (36,679) | (36,136) | ||||||||
| Depreciation, Depletion and Amortization | [2],[4] | 181 | 139 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2],[4] | 0 | 0 | ||||||||
| Interest Expense | [2],[4] | 3,698 | (4,228) | ||||||||
| Interest Income | [4] | (571) | 1,650 | ||||||||
| Income Tax Expense (Benefit) | [2],[4] | (2,438) | (507) | ||||||||
| Other Expense (Income) Items | [3],[4] | 913 | 424 | ||||||||
| Segment Profit: Net Income (Loss) | [4] | (7,589) | (142) | ||||||||
| Expenditures for Additions to Long-Lived Assets | [4] | 176 | 204 | ||||||||
| Segment Assets: | [4] | 121,618 | 61,718 | ||||||||
| Total Reportable Segments | Operating Segments | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1] | 651,507 | 549,482 | ||||||||
| Intersegment Revenues | 37,754 | 37,947 | |||||||||
| Total Revenues | 689,261 | 587,429 | |||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2] | 19,406 | 19,326 | ||||||||
| Lease Operating Expense | [2] | 16,826 | 10,651 | ||||||||
| Gathering Operation and Maintenance Expense | [2] | 10,388 | 6,735 | ||||||||
| All Other Operation and Maintenance Expense | [2] | 91,638 | 87,161 | ||||||||
| Purchased Gas | [2] | 122,285 | 101,473 | ||||||||
| Depreciation, Depletion and Amortization | [2] | 121,844 | 109,231 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2] | 0 | 141,802 | ||||||||
| Interest Expense | [2] | 39,540 | 41,855 | ||||||||
| Interest Income | (2,196) | (3,333) | |||||||||
| Income Tax Expense (Benefit) | [2] | 61,812 | 11,748 | ||||||||
| Other Expense (Income) Items | [3] | 18,362 | 15,459 | ||||||||
| Segment Profit: Net Income (Loss) | 189,356 | 45,321 | |||||||||
| Expenditures for Additions to Long-Lived Assets | 222,545 | 191,851 | |||||||||
| Segment Assets: | 9,075,689 | 8,648,682 | |||||||||
| Integrated Upstream and Gathering | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Total Revenues | 323,223 | 252,308 | |||||||||
| Integrated Upstream and Gathering | Operating Segments | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1] | 323,223 | 252,308 | ||||||||
| Intersegment Revenues | 0 | 0 | |||||||||
| Total Revenues | 323,223 | 252,308 | |||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2] | 19,406 | 19,326 | ||||||||
| Lease Operating Expense | [2] | 16,826 | 10,651 | ||||||||
| Gathering Operation and Maintenance Expense | [2] | 10,388 | 6,735 | ||||||||
| All Other Operation and Maintenance Expense | [2] | 3,378 | 3,867 | ||||||||
| Purchased Gas | [2] | 0 | 0 | ||||||||
| Depreciation, Depletion and Amortization | [2] | 84,263 | 73,819 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2] | 0 | 141,802 | ||||||||
| Interest Expense | [2] | 16,133 | 19,410 | ||||||||
| Interest Income | (193) | (679) | |||||||||
| Income Tax Expense (Benefit) | [2] | 44,111 | (6,451) | ||||||||
| Other Expense (Income) Items | [3] | 4,864 | 3,460 | ||||||||
| Segment Profit: Net Income (Loss) | 124,047 | (19,632) | |||||||||
| Expenditures for Additions to Long-Lived Assets | 141,849 | 135,629 | |||||||||
| Segment Assets: | 3,925,191 | 3,701,646 | |||||||||
| Pipeline and Storage | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Total Revenues | 69,237 | 68,750 | |||||||||
| Pipeline and Storage | Operating Segments | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1] | 69,237 | 68,750 | ||||||||
| Intersegment Revenues | 37,664 | 37,862 | |||||||||
| Total Revenues | 106,901 | 106,612 | |||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2] | 0 | 0 | ||||||||
| Lease Operating Expense | [2] | 0 | 0 | ||||||||
| Gathering Operation and Maintenance Expense | [2] | 0 | 0 | ||||||||
| All Other Operation and Maintenance Expense | [2] | 27,263 | 27,034 | ||||||||
| Purchased Gas | [2] | 0 | 0 | ||||||||
| Depreciation, Depletion and Amortization | [2] | 19,102 | 18,585 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2] | 0 | 0 | ||||||||
| Interest Expense | [2] | 11,801 | 11,729 | ||||||||
| Interest Income | (964) | (2,006) | |||||||||
| Income Tax Expense (Benefit) | [2] | 10,366 | 11,177 | ||||||||
| Other Expense (Income) Items | [3] | 8,114 | 7,639 | ||||||||
| Segment Profit: Net Income (Loss) | 31,219 | 32,454 | |||||||||
| Expenditures for Additions to Long-Lived Assets | 37,602 | 19,792 | |||||||||
| Segment Assets: | 2,504,541 | 2,412,747 | |||||||||
| Utility | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Total Revenues | 259,047 | 228,424 | |||||||||
| Utility | Operating Segments | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1] | 259,047 | 228,424 | ||||||||
| Intersegment Revenues | 90 | 85 | |||||||||
| Total Revenues | 259,137 | 228,509 | |||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2] | 0 | 0 | ||||||||
| Lease Operating Expense | [2] | 0 | 0 | ||||||||
| Gathering Operation and Maintenance Expense | [2] | 0 | 0 | ||||||||
| All Other Operation and Maintenance Expense | [2] | 60,997 | 56,260 | ||||||||
| Purchased Gas | [2] | 122,285 | 101,473 | ||||||||
| Depreciation, Depletion and Amortization | [2] | 18,479 | 16,827 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2] | 0 | 0 | ||||||||
| Interest Expense | [2] | 11,606 | 10,716 | ||||||||
| Interest Income | (1,039) | (648) | |||||||||
| Income Tax Expense (Benefit) | [2] | 7,335 | 7,022 | ||||||||
| Other Expense (Income) Items | [3] | 5,384 | 4,360 | ||||||||
| Segment Profit: Net Income (Loss) | 34,090 | 32,499 | |||||||||
| Expenditures for Additions to Long-Lived Assets | 43,094 | 36,430 | |||||||||
| Segment Assets: | 2,645,957 | 2,534,289 | |||||||||
| All Other | All Other | |||||||||||
| Segment Reporting Information [Line Items] | |||||||||||
| Revenues From External Customers | [1],[4] | 0 | 0 | ||||||||
| Intersegment Revenues | [4] | 0 | 0 | ||||||||
| Total Revenues | [4] | 0 | 0 | ||||||||
| Operation and Maintenance Expense | |||||||||||
| Upstream General and Administrative Expense | [2],[4] | 0 | 0 | ||||||||
| Lease Operating Expense | [2],[4] | 0 | 0 | ||||||||
| Gathering Operation and Maintenance Expense | [2],[4] | 0 | 0 | ||||||||
| All Other Operation and Maintenance Expense | [2],[4] | 0 | 0 | ||||||||
| Purchased Gas | [2],[4] | 0 | 0 | ||||||||
| Depreciation, Depletion and Amortization | [2],[4] | 0 | 0 | ||||||||
| Impairment of Assets (Significant Non-Cash Item) | [2],[4] | 0 | 0 | ||||||||
| Interest Expense | [2],[4] | 136 | 116 | ||||||||
| Interest Income | [4] | (10) | 0 | ||||||||
| Income Tax Expense (Benefit) | [2],[4] | (37) | (59) | ||||||||
| Other Expense (Income) Items | [3],[4] | 33 | 136 | ||||||||
| Segment Profit: Net Income (Loss) | [4] | (122) | (193) | ||||||||
| Expenditures for Additions to Long-Lived Assets | [4] | 0 | $ 0 | ||||||||
| Segment Assets: | [4] | $ 8,565 | $ 8,704 | ||||||||
| |||||||||||
Retirement Plan and Other Post-Retirement Benefits (Schedule of Components of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands |
3 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
|||
| Retirement Plan | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Service Cost | $ 861 | $ 1,023 | ||
| Interest Cost | 8,944 | 9,223 | ||
| Expected Return on Plan Assets | (14,710) | (14,647) | ||
| Amortization of Prior Service Cost (Credit) | 63 | 76 | ||
| Amortization of (Gains) Losses | 2,421 | 1,620 | ||
| Net Amortization and Deferral for Regulatory Purposes (Including Volumetric Adjustments) | [1] | (98) | (165) | |
| Net Periodic Benefit Cost (Income) | (2,519) | (2,870) | ||
| Other Post-Retirement Benefits | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Service Cost | 105 | 130 | ||
| Interest Cost | 3,836 | 3,625 | ||
| Expected Return on Plan Assets | (7,374) | (6,536) | ||
| Amortization of Prior Service Cost (Credit) | (65) | (107) | ||
| Amortization of (Gains) Losses | 152 | 9 | ||
| Net Amortization and Deferral for Regulatory Purposes (Including Volumetric Adjustments) | [1] | (148) | (727) | |
| Net Periodic Benefit Cost (Income) | $ (3,494) | $ (3,606) | ||
| ||||
Retirement Plan and Other Post-Retirement Benefits (Narrative) (Details) |
3 Months Ended |
|---|---|
|
Dec. 31, 2025
USD ($)
| |
| Retirement Plan | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Company's contributions | $ 0 |
| Estimated future contributions in remainder of fiscal year | 0 |
| VEBA Trusts | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Company's contributions | 0 |
| Estimated future contributions in remainder of fiscal year | $ 0 |
Regulatory Matters (Details) - USD ($) $ in Millions |
3 Months Ended | 12 Months Ended | 36 Months Ended | |||||
|---|---|---|---|---|---|---|---|---|
Jan. 28, 2026 |
Aug. 01, 2023 |
Dec. 31, 2025 |
Sep. 30, 2027 |
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2027 |
Nov. 01, 2025 |
|
| NEW YORK | ||||||||
| Regulatory Matters [Line Items] | ||||||||
| Increase in annual revenue requirement in first year | $ 57.3 | |||||||
| Reduction to annual revenue requirement for actuarial projections of pension and other-post retirement benefit income expected to be recognized | $ 14.0 | |||||||
| NEW YORK | Forecast | ||||||||
| Regulatory Matters [Line Items] | ||||||||
| Rate plan period | 3 years | |||||||
| Approved return on equity (as a percent) | 9.70% | |||||||
| Additional increase in annual revenue requirement in second year | $ 15.8 | |||||||
| Additional increase in annual revenue requirement in third year | $ 12.7 | |||||||
| Reduction to annual revenue requirement for actuarial projections of pension and other-post retirement benefit income expected to be recognized | $ 14.0 | $ 14.0 | ||||||
| PENNSYLVANIA | ||||||||
| Regulatory Matters [Line Items] | ||||||||
| Public utilities authorized rate increase, amount | $ 23.0 | |||||||
| Public utilities distribution system improvement charge recovered from customers | $ 1.1 | |||||||
| PENNSYLVANIA | Subsequent Event | ||||||||
| Regulatory Matters [Line Items] | ||||||||
| Requested base rate increase | $ 19.7 | |||||||
| Public utilities, requested OPEB surcredit for customer refund | $ 7.2 | |||||||
| Empire | ||||||||
| Regulatory Matters [Line Items] | ||||||||
| FERC estimated annual reduction of revenue amount | $ 0.5 | |||||||