Piedmont Natural Gas Company Profile (NYSE:PNY)

About Piedmont Natural Gas

Piedmont Natural Gas logoPiedmont Natural Gas Company, Inc. is an energy services company. The Company's principal business is the distribution of natural gas to residential, commercial, industrial and power generation customers in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities, which are its wholesale customers. The Company operates through three segments: regulated utility, regulated non-utility activities and unregulated non-utility activities. The regulated utility segment includes operating a natural gas distribution system. The regulated non-utility activities segment consists of its equity method investments in regulated energy-related joint ventures that are held by its subsidiaries. The unregulated non-utility activities segment consists primarily of its equity method investment in an unregulated energy-related joint venture that is held by its subsidiary.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Gas Utilities
  • Sub-Industry: Gas Utilities
  • Exchange: NYSE
  • Symbol: PNY
  • CUSIP: 72018610
Key Metrics:
  • Previous Close: $59.97
  • 50 Day Moving Average: $60.021
  • 200 Day Moving Average: $59.905
  • 52-Week Range: $39.10 - $60.35
  • Trailing P/E Ratio: 34.522
  • Foreward P/E Ratio: 28.70
  • P/E Growth: 7.740
  • Market Cap: $4.98B
  • Outstanding Shares: 83,090,000
  • Beta: 0.87
Profitability:
  • Net Margins: 12.20%
  • Return on Equity: 10.50%
  • Return on Assets: 2.91%
Debt:
  • Debt-to-Equity Ratio: 1.20%
  • Current Ratio: 0.56%
  • Quick Ratio: 0.47%
Additional Links:
Companies Related to Piedmont Natural Gas:

Analyst Ratings

Consensus Ratings for Piedmont Natural Gas (NYSE:PNY) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $39.00 (34.98% downside)

Analysts' Ratings History for Piedmont Natural Gas (NYSE:PNY)
Show:
DateFirmActionRatingPrice TargetDetails
2/9/2016Hilliard LyonsUpgradeUnderperform -> NeutralView Rating Details
1/4/2016JPMorgan Chase & Co.Reiterated RatingNeutral$37.00 -> $39.00View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Piedmont Natural Gas (NYSE:PNY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/21/2016        
9/7/2016Q316($0.09)($0.07)$157.80 millionViewN/AView Earnings Details
6/8/2016Q2 16$0.85$0.79$419.80 million$350.20 millionViewN/AView Earnings Details
3/9/2016Q1$1.24$1.29ViewN/AView Earnings Details
12/23/2015Q4($0.05)($0.18)ViewN/AView Earnings Details
9/3/2015Q215($0.07)($0.10)$158.30 millionViewN/AView Earnings Details
6/5/2015Q2 15$0.79$0.84ViewN/AView Earnings Details
3/9/2015Q1 15$1.22$1.18$606.70 million$607.30 millionViewN/AView Earnings Details
1/5/2015Q414($0.07)($0.12)$211.00 millionViewN/AView Earnings Details
9/8/2014Q314($0.07)($0.09)$176.55 million$164.18 millionViewN/AView Earnings Details
6/6/2014Q214$0.75$0.80$427.95 million$462.25 millionViewN/AView Earnings Details
3/6/2014Q114$1.19$1.26$560.43 million$657.70 millionViewN/AView Earnings Details
9/5/2013Q3 2013($0.08)($0.03)$181.49 million$162.94 millionViewListenView Earnings Details
6/11/2013Q2 2013$0.73$0.74$324.18 million$399.41 millionViewListenView Earnings Details
3/6/2013Q1 2013$1.16$1.18$491.42 million$515.88 millionViewN/AView Earnings Details
12/21/2012($0.07)($0.03)$197.87 millionViewN/AView Earnings Details
9/7/2012Q312($0.09)($0.06)$188.79 million$161.12 millionViewN/AView Earnings Details
6/7/2012$0.71$0.70ViewN/AView Earnings Details
3/9/2012$1.20$1.05ViewN/AView Earnings Details
9/9/2011($0.13)($0.12)ViewN/AView Earnings Details
6/8/2011$0.67$0.66ViewN/AView Earnings Details
3/11/2011$1.17$1.16ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Piedmont Natural Gas (NYSE:PNY)
Current Year EPS Consensus Estimate: $1.94 EPS
Next Year EPS Consensus Estimate: $2.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$1.27$1.27$1.27
Q2 20161$0.85$0.85$0.85
Q3 20162($0.06)$0.08$0.01
Q4 20162($0.10)$0.04($0.03)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Piedmont Natural Gas (NYSE:PNY)
Annual Dividend:$1.36
Dividend Yield:2.27%
Dividend Growth:-4.20% (3 Year Average)
Payout Ratio:79.07% (Based on Trailing 12 Months of Earnings)
70.10% (Based on Current Year Consensus EPS Estimate)
65.07% (Based on Next Year Consensus EPS Estimate)
Track Record:37 Years of Consecutive Dividend Growth

Dividend History for Piedmont Natural Gas (NYSE:PNY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/8/2016special$0.342.26%12/21/201612/23/20161/13/2017
9/7/2016quarterly$0.342.26%9/21/20169/23/201610/14/2016
6/7/2016quarterly$0.342.26%6/22/20166/24/20167/15/2016
3/9/2016quarterly$0.342.28%3/22/20163/25/20164/15/2016
12/11/2015quarterly$0.332.32%12/22/201512/24/20151/15/2016
9/2/2015quarterly$0.333.54%9/22/20159/24/201510/15/2015
6/5/2015quarterly$0.333.65%6/22/20156/24/20157/15/2015
3/5/2015quarterly$0.333.75%3/23/20153/25/20154/15/2015
12/12/2014quarterly$0.323.4%12/22/201412/24/20141/15/2015
9/5/2014quarterly$0.323.5%9/22/20149/24/201410/15/2014
6/6/2014quarterly$0.323.5%6/20/20146/24/20147/15/2014
3/6/2014quarterly$0.323.74%3/21/20143/25/20144/15/2014
12/12/2013quarterly$0.313.84%12/20/201312/24/20131/15/2014
9/5/2013quarterly$0.313.88%9/20/20139/24/201310/15/2013
6/7/2013quarterly$0.313.62%6/20/20136/24/20137/15/2013
3/6/2013quarterly$0.313.75%3/21/20133/25/20134/15/2013
12/13/2012quarterly$0.303.82%12/20/201212/24/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Piedmont Natural Gas (NYSE:PNY)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 61.51%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/29/2016Kevin M OharaInsiderSell5,000$59.78$298,900.00View SEC Filing  
7/19/2016Kenneth T ValentineVPSell886$59.77$52,956.22View SEC Filing  
6/10/2016Malcolm E Everett IIIDirectorSell15,000$60.15$902,250.00View SEC Filing  
4/25/2016R O PritchardVPSell3,300$59.60$196,680.00View SEC Filing  
4/4/2016Frank B Holding JrDirectorSell14,000$59.79$837,060.00View SEC Filing  
3/28/2016Jose M SimonVPSell838$59.66$49,995.08View SEC Filing  
3/17/2016Kevin M OharaVPSell2,500$59.85$149,625.00View SEC Filing  
3/1/2016Thomas E SkainsCEOSell2,500$59.42$148,550.00View SEC Filing  
2/1/2016Thomas E SkainsCEOSell2,500$59.00$147,500.00View SEC Filing  
1/29/2016Kenneth T ValentineVPSell1,482$59.24$87,793.68View SEC Filing  
1/4/2016Thomas E SkainsCEOSell2,500$57.00$142,500.00View SEC Filing  
12/1/2015Thomas E SkainsCEOSell2,500$58.16$145,400.00View SEC Filing  
11/2/2015Thomas E SkainsCEOSell2,500$57.35$143,375.00View SEC Filing  
10/1/2015Thomas E SkainsCEOSell2,500$40.14$100,350.00View SEC Filing  
9/1/2015Thomas E SkainsCEOSell2,500$37.84$94,600.00View SEC Filing  
6/16/2015Jose M SimonVPSell1,927$36.60$70,528.20View SEC Filing  
5/1/2015Thomas E SkainsCEOSell2,500$37.39$93,475.00View SEC Filing  
4/28/2015Frankie Taylor Sr Jones SrDirectorSell5,200$38.14$198,328.00View SEC Filing  
4/1/2015Thomas E SkainsCEOSell2,500$36.58$91,450.00View SEC Filing  
3/10/2015Thomas E SkainsCEOSell2,500$35.12$87,800.00View SEC Filing  
1/7/2015Kevin M OharaVPSell2,500$39.03$97,575.00View SEC Filing  
7/2/2014Frankie Taylor Sr Jones SrDirectorSell5,671$37.05$210,110.55View SEC Filing  
6/25/2014David R CarpenterVPSell1,450$36.95$53,577.50View SEC Filing  
12/27/2013Ranelle WarfieldVPSell1,699$33.00$56,067.00View SEC Filing  
7/23/2013Muriel W SheubrooksDirectorSell2,000$35.11$70,220.00View SEC Filing  
6/25/2013R O PritchardVPSell1,700$32.89$55,913.00View SEC Filing  
12/27/2012Phillip D WrightDirectorBuy13,000$30.69$398,970.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Piedmont Natural Gas (NYSE:PNY)
DateHeadline
mysmartrend.com logoPiedmont Natural Gas Shares Up 55.8% Since SmarTrend's Buy Recommendation (PNY) (NYSE:PNY)
www.mysmartrend.com - September 23 at 11:34 AM
News IconWhat should you know before buying Piedmont Natural Gas Co Inc (PNY) for its dividend - Simply Wall St (NYSE:PNY)
simplywall.st - September 22 at 11:39 AM
capitalcube.com logoETF’s with exposure to Piedmont Natural Gas Co., Inc. : September 22, 2016 (NYSE:PNY)
www.capitalcube.com - September 22 at 11:39 AM
realistinvestor.com logoPiedmont Natural Gas Company, Inc. (NYSE:PNY)'s Accounts Payable Is $93.835 - RealistInvestor.com (NYSE:PNY)
www.realistinvestor.com - September 19 at 6:47 PM
forbes.com logoEx-Dividend Reminder: Piedmont Natural Gas, Zimmer Biomet Holdings and Pembina Pipeline - Forbes (NYSE:PNY)
www.forbes.com - September 19 at 11:19 AM
mysmartrend.com logoUptrend Call Working As Piedmont Natural Gas Stock Rises 56.1% (PNY) (NYSE:PNY)
www.mysmartrend.com - September 14 at 6:57 PM
finance.yahoo.com logoPIEDMONT NATURAL GAS CO INC Financials (NYSE:PNY)
finance.yahoo.com - September 14 at 11:12 AM
News IconStock Valuation Recap for Piedmont Natural Gas Co. Inc. (NYSE:PNY) - Post News (NYSE:PNY)
www.kentuckypostnews.com - September 10 at 6:03 PM
News IconThe Sell-side Consensus is in on Piedmont Natural Gas Company, Inc. (NYSE:PNY); Earnings & Target Updates (NYSE:PNY)
www.nationaldailypress.com - September 10 at 11:02 AM
News IconThe Sell-side Consensus is in on Piedmont Natural Gas Company, Inc. (NYSE:PNY); Earnings & Target Updates - National Daily Press (NYSE:PNY)
www.nationaldailypress.com - September 9 at 11:36 AM
capitalcube.com logoPiedmont Natural Gas Co., Inc. :PNY-US: Earnings Analysis: Q3, 2016 By the Numbers : September 9, 2016 (NYSE:PNY)
www.capitalcube.com - September 9 at 11:36 AM
bizjournals.com logoPiedmont Natural Gas spending on Duke Energy deal nearing $25M (NYSE:PNY)
www.bizjournals.com - September 8 at 10:41 AM
streetinsider.com logoPiedmont Natural Gas (PNY) Announces 34c Special Contingent Dividend (NYSE:PNY)
www.streetinsider.com - September 7 at 6:59 PM
sg.finance.yahoo.com logoPiedmont Natural Gas reports 3Q loss (NYSE:PNY)
sg.finance.yahoo.com - September 7 at 6:59 PM
publicnow.com logoPiedmont Natural Gas Reports Third Quarter 2016 Results (NYSE:PNY)
www.publicnow.com - September 7 at 6:59 PM
finance.yahoo.com logoPiedmont Natural Gas Announces Special Contingent Dividend (NYSE:PNY)
finance.yahoo.com - September 7 at 10:22 AM
finance.yahoo.com logoPiedmont Natural Gas Announces Regular Quarterly Dividend (NYSE:PNY)
finance.yahoo.com - September 7 at 10:22 AM
News IconPlacing Piedmont Natural Gas Company, Inc. (NYSE:PNY) Shares Under the Microscope - Post News (NYSE:PNY)
www.kentuckypostnews.com - September 5 at 6:00 PM
stocksdaily.net logoDividend Alert Of Piedmont Natural Gas Company, Inc. (NYSE:PNY ... - Stocks Daily (NYSE:PNY)
www.stocksdaily.net - September 5 at 6:00 PM
stocksdaily.net logoDividend Alert Of Piedmont Natural Gas Company, Inc. (NYSE:PNY) (NYSE:PNY)
www.stocksdaily.net - September 4 at 6:05 PM
mysmartrend.com logoPiedmont Natural Gas Shares Up 55.7% Since SmarTrend's Buy Recommendation (PNY) (NYSE:PNY)
www.mysmartrend.com - August 30 at 6:47 PM
bizjournals.com logoN.C. regulators likely to rule soon on Duke’s $4.9B Piedmont purchase (NYSE:PNY)
www.bizjournals.com - August 26 at 6:37 PM
mysmartrend.com logoPiedmont Natural Gas Up 55.4% Since SmarTrend Uptrend Call (PNY) (NYSE:PNY)
www.mysmartrend.com - August 23 at 11:24 AM
News IconStock Trading Above Moving Averages: Piedmont Natural Gas Co. Inc. (NYSE:PNY) - Post News (NYSE:PNY)
www.kentuckypostnews.com - August 22 at 6:49 PM
stocksdaily.net logoDividend Alert For Piedmont Natural Gas Company, Inc. (NYSE:PNY) (NYSE:PNY)
www.stocksdaily.net - August 22 at 11:29 AM
stocksdaily.net logoDividend Alert For Piedmont Natural Gas Company, Inc. (NYSE:PNY) - Stocks Daily (NYSE:PNY)
www.stocksdaily.net - August 21 at 6:04 PM
News IconShare Valuation Review for Piedmont Natural Gas Co. Inc. (NYSE:PNY) - Post News (NYSE:PNY)
www.kentuckypostnews.com - August 20 at 10:54 AM
bizjournals.com logoPiedmont Natural Gas CEO Tom Skains off the hot seat as board ... - Charlotte Business Journal (NYSE:PNY)
www.bizjournals.com - August 19 at 9:53 AM
bizjournals.com logoPiedmont CEO Skains off the hot seat (NYSE:PNY)
www.bizjournals.com - August 18 at 7:02 PM
bizjournals.com logoDuke Energy raises entire $4.9 billion cash purchase price for Piedmont (NYSE:PNY)
www.bizjournals.com - August 17 at 7:10 PM
mysmartrend.com logoPiedmont Natural Gas Shares Up 55.4% Since SmarTrend's Buy Recommendation (PNY) (NYSE:PNY)
www.mysmartrend.com - August 15 at 7:14 PM
bizjournals.com logoDuke Energy issuing $3.7B in debt, largely to finance Piedmont Natural Gas purchase (NYSE:PNY)
www.bizjournals.com - August 11 at 10:07 AM
capitalcube.com logoPiedmont Natural Gas Co., Inc. breached its 50 day moving average in a Bullish Manner : PNY-US : August 11, 2016 (NYSE:PNY)
www.capitalcube.com - August 11 at 10:07 AM
marketnewsvideo.com logoPiedmont Natural Gas Larger Than S&P 500 Component Robert Half International (NYSE:PNY)
www.marketnewsvideo.com - August 10 at 7:21 PM
tradecalls.org logoPiedmont Natural Gas Company (PNY) Shares are Down -0.08% (NYSE:PNY)
www.tradecalls.org - August 9 at 7:09 PM
tradecalls.org logoPiedmont Natural Gas Company (PNY) Shares are Down -0.08 ... - Trade Calls (NYSE:PNY)
www.tradecalls.org - August 9 at 10:05 AM
bloomberg.com logoWilliams Has the Edge in Constitution Gas Pipeline Permit Case (NYSE:PNY)
www.bloomberg.com - August 8 at 7:08 PM
News IconIn Carolinas, Duke Now Getting Upwards of 25% of Power From Gas (NYSE:PNY)
www.power-eng.com - August 8 at 11:37 AM
bizjournals.com logoDuke Energy CEO sees quick close on Piedmont deal once regulators act (NYSE:PNY)
www.bizjournals.com - August 4 at 7:24 PM
wsj.com logoDuke Energy Profit Falls 6.3% Amid Write-Downs, Unfavorable Weather (NYSE:PNY)
www.wsj.com - August 4 at 10:03 AM
wsj.com logo[$$] Duke Energy Profit Falls 6.3% Amid Write-Downs, Unfavorable Weather (NYSE:PNY)
www.wsj.com - August 4 at 10:03 AM
News IconArea homeowners get reduction in their gas bills (NYSE:PNY)
www.mydaytondailynews.com - August 2 at 7:13 PM
live-pr.com logoNewly released market study: Piedmont Natural Gas Company, Inc. (PNY) - Financial and Strategic SWOT Analysis Review (NYSE:PNY)
www.live-pr.com - August 2 at 7:13 PM
reuters.com logoBRIEF-Piedmont Natural Gas Company says issued $300 million 3.64% senior notes due 2046 (NYSE:PNY)
www.reuters.com - July 28 at 7:10 PM
4-traders.com logoPIEDMONT NATURAL GAS CO INC : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K) (NYSE:PNY)
www.4-traders.com - July 28 at 7:10 PM
biz.yahoo.com logoPIEDMONT NATURAL GAS CO INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and (NYSE:PNY)
biz.yahoo.com - July 28 at 2:23 PM
News IconNatural gas rate hike proposed for WNC, Raleigh (NYSE:PNY)
www.citizen-times.com - July 27 at 7:15 PM
News IconPiedmont Natural Gas Company, Inc. (NYSE:PNY): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:PNY)
www.engelwooddaily.com - July 23 at 10:46 AM
News IconFriday Session Wrap-up for Piedmont Natural Gas Co. Inc. (NYSE:PNY) - Engelwood Daily (NYSE:PNY)
www.engelwooddaily.com - July 22 at 6:44 PM
biz.yahoo.com logoPIEDMONT NATURAL GAS CO INC Files SEC form 8-K, Other Events (NYSE:PNY)
biz.yahoo.com - July 22 at 1:01 PM

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Piedmont Natural Gas (NYSE:PNY) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff