Last $20.60 USD
Change Today +0.60 / 3.00%
Volume 100.0
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

corning natural gas holding (CNIG) Snapshot

Open
$20.60
Previous Close
$20.00
Day High
$20.60
Day Low
$20.60
52 Week High
12/6/13 - $22.00
52 Week Low
09/13/13 - $16.06
Market Cap
46.2M
Average Volume 10 Days
303.7
EPS TTM
$0.87
Shares Outstanding
2.2M
EX-Date
06/26/14
P/E TM
23.7x
Dividend
$0.54
Dividend Yield
2.51%
Current Stock Chart for CORNING NATURAL GAS HOLDING (CNIG)

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corning natural gas holding (CNIG) Details

Corning Natural Gas Holding Corporation, through its subsidiary, Corning Natural Gas Corporation, distributes natural gas to residential, commercial, industrial, and municipal customers. It also transports and compresses gas for a gas producer from its gathering network into an interstate pipeline. The company distributes natural gas through its distribution and transmission network in the Corning, Hammondsport, and Virgil, New York areas, as well as distributes to two other gas utilities that service the Elmira and Bath, New York areas. It serves approximately 15,000 customers through 400 miles of pipeline and 86 regulating stations. The company was founded in 1904 and is headquartered in Corning, New York.

corning natural gas holding (CNIG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $174.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $138.9K
Vice President of Operations
Total Annual Compensation: $133.6K
Vice President of Administration and Secretar...
Total Annual Compensation: $126.5K
Vice President of Gas Supply and Marketing
Total Annual Compensation: $122.5K
Compensation as of Fiscal Year 2013.

corning natural gas holding (CNIG) Key Developments

Corning Natural Gas Holding Corporation Appoints Robert B. Johnston as Independent Director

On July 15, 2014, at its regular meeting, the board of directors of Corning Natural Gas Holding Corporation expanded the size of the Board from seven to eight directors as provided in its By-Laws and elected Robert B. Johnston to fill the newly created vacancy to serve until the next annual meeting of shareholders and until his replacement has been elected and qualified. The Board of Directors also determined that Mr. Johnston was an independent director. Mr. Johnston is currently Executive Vice President and Chief Strategy Officer of The Intertech Group Inc. Mr. Johnston is currently a director of the Board of Directors of Span American Medical Systems, Circa Enterprises Inc. and Fyffes PLC.

Corning Natural Gas Holding Corporation Announces Amendments to the Bylaws

Corning Natural Gas Holding Corporation On June 2, 2014, the Board of Directors of Corning Natural Gas Holding Corporation approved amendments to the company's bylaws to clarify the ability of the Board to increase the size of the Board from time to time within the three to nine person range set by the Bylaws and to clarify that all directors, whether elected by shareholders at an annual meeting or by the board of directors to fill a vacancy, serve until the next annual meeting of shareholders and until such director's successor has been elected and has qualified. The amendments were approved as part of the amended and restated bylaws effective on June 2, 2014.

Corning Natural Gas Holding Corporation, Annual General Meeting, Apr 15, 2014

Corning Natural Gas Holding Corporation, Annual General Meeting, Apr 15, 2014., at 10:00 US Eastern Standard Time. Location: 330 West William Street,. Agenda: To consider the election of directors; to consider non binding advisory vote to approve its executive compensation; and to consider the ratification of the appointment of Freed Maxick CPAs, P.C. as its independent registered public accounting firm for the fiscal year ending September 30, 2014; and to consider transact such other business as may properly come before the meeting or any adjournment thereof.

 

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