piedmont natural gas co (PNY) Key Developments
Piedmont Opens New CNG Fueling Station in Nashville, Tennessee
Jul 21 14
Piedmont Natural Gas Company Inc. has opened a new CNG fueling station in Nashville, Tennessee. The new CNG station is the Company's tenth overall and their second fueling station in Nashville. The new facility is located at 541 Spence Lane in South Nashville.
Piedmont Natural Gas Opens New Compressed Natural Gas Fueling Station in Nashville
Jul 15 14
Piedmont Natural Gas officially opened its latest CNG fueling station in Nashville, Tennessee. The new CNG station is the company's tenth overall and their second fueling station in Nashville. The new facility is located at 541 Spence Lane in South Nashville. The new Piedmont CNG facility is open to the public(credit card purchases only). The present CNG fuel price is $2.19 per gallon.
Jo Anne Sanford Joins Piedmont Natural Gas Co. Inc. Board
Jun 6 14
Jo Anne Sanford, a regulatory policy consultant and former chairwoman of the N.C. Utilities Commission, will join the board of directors of Piedmont Natural Gas on July 1, 2014. Sanford has her own law practice, Sanford Law Office in Raleigh, and is a partner in the Blount Street Advisors consulting firm. She focuses on regulatory and governmental policies that support sustainability in a low-carbon environment, infrastructure investment, water-related law, and broadband deployment.
Piedmont Natural Gas Announces Quarterly Dividend Payable on July 15, 2014
Jun 6 14
At its regular quarterly meeting of the Piedmont Natural Gas Co. Inc.'s Board of Directors, the company announced the declaration of a quarterly dividend on Common Stock of 32 cents per share, payable July 15, 2014, to holders of record at the close of business on June 24, 2014.
Piedmont Natural Gas Co. Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended April 30, 2014; Reaffirms Earnings Guidance for the Year 2014
Jun 6 14
Piedmont Natural Gas Co. Inc. reported unaudited earnings results for the second quarter and six months ended April 30, 2014. For the quarter, the company reported operating revenues of $462,247,000 against $399,411,000 a year ago. Operating income was $67,299,000 against $51,504,000 a year ago. Net income was $62,540,000 against $55,790,000 a year ago. Basic and diluted earnings per share were $0.80 against $0.74 a year ago.
For the six months, the company reported operating revenues of $1,119,980,000 against $915,286,000 a year ago. Operating income was $169,618,000 against $137,717,000 a year ago. Net income was $160,112,000 against $141,713,000 a year ago. Diluted earnings per share were $2.06 against $1.91 a year ago.
The company reaffirmed its revised fiscal year 2014 earnings guidance of $1.80 to $1.90 per diluted share, with emphasis at the upper end of the range.