Piedmont 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: Natural Gas Utilities - NEC
- Sub-Industry: Gas Utilities
- Symbol: NYSE:PNY
- CUSIP: 72018610
- Web: www.piedmontng.com
- 50 Day Moving Avg: $60.04
- 200 Day Moving Avg: $59.91
- 52 Week Range: $40.30 - $60.35
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 28.31
- P/E Growth: 0.00
- Annual Dividend: $1.36
- Dividend Yield: 2.3%
- Net Margins: 19.00%
- Return on Equity: 22.34%
- Return on Assets: 6.57%
- Debt-to-Equity Ratio: 1.20%
- Current Ratio: 0.56%
- Quick Ratio: 0.47%
- Average Volume: 417,867 shs.
- Beta: 0.87
Frequently Asked Questions for Piedmont Natural Gas Company (NYSE:PNY)
What is Piedmont Natural Gas Company's stock symbol?
Piedmont Natural Gas Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "PNY."
How often does Piedmont Natural Gas Company pay dividends? What is the dividend yield for Piedmont Natural Gas Company?
Piedmont Natural Gas Company declared a special dividend on Thursday, September 8th. Investors of record on Friday, December 23rd will be paid a dividend of $0.34 per share on Friday, January 13th. This represents a yield of 2.26%. The ex-dividend date of this dividend is Wednesday, December 21st. View Piedmont Natural Gas Company's Dividend History.
How were Piedmont Natural Gas Company's earnings last quarter?
Piedmont Natural Gas Company, Inc. (NYSE:PNY) posted its quarterly earnings data on Wednesday, September, 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.02. The business had revenue of $157.80 million for the quarter. Piedmont Natural Gas Company had a return on equity of 22.34% and a net margin of 19.00%. The company's quarterly revenue was down .3% on a year-over-year basis. View Piedmont Natural Gas Company's Earnings History.
Who are some of Piedmont Natural Gas Company's key competitors?
Some companies that are related to Piedmont Natural Gas Company include Deutsche Telekom AG (DTEGY), NextEra Energy (NEE), Duke Energy Corporation (DUK), Enel SpA (ENLAY), Telefonica SA (TEF), Iberdrola S.A. (IBDRY), Southern Company (The) (SO), Dominion Resources (D), National Grid Transco, PLC (NGG), BCE (BCE), China Telecom Corp Ltd (CHA), Telstra Corp. (TLSYY), GDF Suez SA (ENGIY), BT Group PLC (BT), American Electric Power Company (AEP), Pacific Gas & Electric Co. (PCG), National Grid plc (NG) and Exelon Corporation (EXC).
Who are Piedmont Natural Gas Company's key executives?
Piedmont Natural Gas Company's management team includes the folowing people:
- Thomas E. Skains, Chairman of the Board, President, Chief Executive Officer
- Karl W. Newlin, Chief Financial Officer, Senior Vice President
- Kevin M. O'Hara, Senior Vice President and Chief Administrative Officer
- Jane R. Lewis-Raymond, Senior Vice President, Chief Legal, Compliance and External Relations Officer
- Victor M. Gaglio, Senior Vice President and Chief Utility Operations Officer
- Franklin H. Yoho, Senior Vice President, Chief Commercial Officer
- Rodney W. Myers, Vice President - Engineering and Operation Services
- Robert O. Pritchard, Chief Risk Officer, Vice President - Treasurer
- William C. Williams, Vice President - Sales and Delivery Services
- Judy Z. Mayo, Vice President, Corporate Secretary and Deputy General Counsel
Who owns Piedmont Natural Gas Company stock?
Piedmont Natural Gas Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Manhattan Co. (0.00%). Company insiders that own Piedmont Natural Gas Company stock include Frank B Holding Jr, Jose M Simon, Kenneth T Valentine, Kevin M Ohara, Malcolm E Everett III, R O Pritchard and Thomas E Skains. View Institutional Ownership Trends for Piedmont Natural Gas Company.
Who bought Piedmont Natural Gas Company stock? Who is buying Piedmont Natural Gas Company stock?
How do I buy Piedmont Natural Gas Company stock?
Shares of Piedmont Natural Gas Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Piedmont Natural Gas Company's stock price today?
MarketBeat Community Rating for Piedmont Natural Gas Company (NYSE PNY)MarketBeat's community ratings are surveys of what our community members think about Piedmont Natural Gas Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Piedmont Natural Gas Company stock can currently be purchased for approximately $60.02.
Consensus Ratings for Piedmont Natural Gas Company (NYSE:PNY) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Piedmont Natural Gas Company (NYSE:PNY)
(Data available from 6/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|2/9/2016||Hilliard Lyons||Upgrade||Underperform -> Neutral||N/A|
|1/4/2016||J P Morgan Chase & Co||Reiterated Rating||Neutral||$37.00 -> $39.00||N/A|
Earnings History for Piedmont Natural Gas Company (NYSE:PNY)Earnings History by Quarter for Piedmont Natural Gas Company (NYSE PNY)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/8/2016||Q2 16||$0.85||$0.79||$419.80 million||$350.20 million||View||N/A|
|6/5/2015||Q2 15||$0.79||$0.84||$424.92 million||View||N/A|
|3/9/2015||Q1 15||$1.22||$1.18||$606.70 million||$607.30 million||View||N/A|
|12/23/2014||Q414||($0.07)||($0.12)||$211.00 million||$185.82 million||View||N/A|
|9/8/2014||Q314||($0.07)||($0.09)||$176.55 million||$164.18 million||View||N/A|
|6/6/2014||Q214||$0.75||$0.80||$427.95 million||$462.25 million||View||N/A|
|3/6/2014||Q114||$1.19||$1.26||$560.43 million||$657.70 million||View||N/A|
|9/5/2013||Q3 2013||($0.08)||($0.03)||$181.49 million||$162.94 million||View||Listen|
|6/11/2013||Q2 2013||$0.73||$0.74||$324.18 million||$399.41 million||View||Listen|
|3/6/2013||Q1 2013||$1.16||$1.18||$491.42 million||$515.88 million||View||N/A|
|9/7/2012||Q312||($0.09)||($0.06)||$188.79 million||$161.12 million||View||N/A|
Earnings Estimates for Piedmont Natural Gas Company (NYSE:PNY)
Current Year EPS Consensus Estimate: $1.93 EPS
Next Year EPS Consensus Estimate: $2.12 EPS
Current Dividend Information for Piedmont Natural Gas Company (NYSE:PNY)
|Most Recent Dividend:||1/13/2017|
|Dividend Growth:||14.30% (3 Year Average)|
|Payout Ratio:||79.07% (Trailing 12 Months of Earnings) |
70.47% (Based on This Year's Estimates)
64.15% (Based on Next Year's Estimates)
|Track Record:||38 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Piedmont Natural Gas Company (NYSE PNY)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Piedmont Natural Gas Company (NYSE:PNY)
Insider Ownership Percentage: 1.40%Insider Trades by Quarter for Piedmont Natural Gas Company (NYSE:PNY)
Institutional Ownership Percentage: 61.51%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/29/2016||Kevin M Ohara||Insider||Sell||5,000||$59.78||$298,900.00|| |
|7/19/2016||Kenneth T Valentine||VP||Sell||886||$59.77||$52,956.22|| |
|6/10/2016||Malcolm E Everett III||Director||Sell||15,000||$60.15||$902,250.00|| |
|4/25/2016||R O Pritchard||VP||Sell||3,300||$59.60||$196,680.00|| |
|4/4/2016||Frank B Holding Jr||Director||Sell||14,000||$59.79||$837,060.00|| |
|3/28/2016||Jose M Simon||VP||Sell||838||$59.66||$49,995.08|| |
|3/17/2016||Kevin M Ohara||VP||Sell||2,500||$59.85||$149,625.00|| |
|3/1/2016||Thomas E Skains||CEO||Sell||2,500||$59.42||$148,550.00|| |
|2/1/2016||Thomas E Skains||CEO||Sell||2,500||$59.00||$147,500.00|| |
|1/29/2016||Kenneth T Valentine||VP||Sell||1,482||$59.24||$87,793.68|| |
|1/4/2016||Thomas E Skains||CEO||Sell||2,500||$57.00||$142,500.00|| |
|12/1/2015||Thomas E Skains||CEO||Sell||2,500||$58.16||$145,400.00|| |
|11/2/2015||Thomas E Skains||CEO||Sell||2,500||$57.35||$143,375.00|| |
|10/1/2015||Thomas E Skains||CEO||Sell||2,500||$40.14||$100,350.00|| |
|9/1/2015||Thomas E Skains||CEO||Sell||2,500||$37.84||$94,600.00|| |
|6/16/2015||Jose M Simon||VP||Sell||1,927||$36.60||$70,528.20|| |
|5/1/2015||Thomas E Skains||CEO||Sell||2,500||$37.39||$93,475.00|| |
|4/28/2015||Frankie Taylor Sr Jones Sr||Director||Sell||5,200||$38.14||$198,328.00|| |
|4/1/2015||Thomas E Skains||CEO||Sell||2,500||$36.58||$91,450.00|| |
|3/10/2015||Thomas E Skains||CEO||Sell||2,500||$35.12||$87,800.00|| |
|1/7/2015||Kevin M Ohara||VP||Sell||2,500||$39.03||$97,575.00|| |
|7/2/2014||Frankie Taylor Sr Jones Sr||Director||Sell||5,671||$37.05||$210,110.55|| |
|6/25/2014||David R Carpenter||VP||Sell||1,450||$36.95||$53,577.50|| |
|12/27/2013||Ranelle Warfield||VP||Sell||1,699||$33.00||$56,067.00|| |
|7/23/2013||Muriel W Sheubrooks||Director||Sell||2,000||$35.11||$70,220.00|| |
|6/25/2013||R O Pritchard||VP||Sell||1,700||$32.89||$55,913.00|| |
|12/27/2012||Phillip D Wright||Director||Buy||13,000||$30.69||$398,970.00|| |
Headline Trends for Piedmont Natural Gas Company (NYSE:PNY)
Latest Headlines for Piedmont Natural Gas Company (NYSE:PNY)
Piedmont Natural Gas Company (PNY) Chart for Friday, June, 23, 2017