Latest Piedmont Natural Gas Stories
CHARLOTTE, N.C., April 25, 2013 /PRNewswire/ -- Thomas E. Skains, Chairman, President and CEO of Piedmont Natural Gas (NYSE: PNY) will be presenting at the American Gas Association's Financial Forum in Naples, Florida on May 6, 2013 at 9:45 a.m. Eastern Daylight Time. Karl Newlin, Piedmont's CFO, will join Mr. Skains in making the Company presentation. A live webcast of the Company's presentation at the AGA Financial Forum will be broadcast at http://wsw.com/webcast/aga12/pny/ and...
Gas costs, rates would remain significantly less than those in effect five years ago CHARLOTTE, N.C., April 17, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced it has filed to adjust upward the wholesale natural gas cost component of its rates for customers in North Carolina and South Carolina. Wholesale natural gas costs are passed through to customers on a dollar for dollar basis, without markup, and reflect what Piedmont actually pays for the natural gas...
CHARLOTTE, N.C., March 6, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its first fiscal quarter ended January 31, 2013. For the quarter, the Company reported net income of $85.9 million, or $1.18 per diluted share, compared to net income of $76.2 million, or $1.05 per diluted share for the same period in 2012. Margin for the quarter was $231.6 million, an increase of $11.4 million from the prior year's quarter. The increase in margin is primarily...
CHARLOTTE, N.C., March 6, 2013 /PRNewswire/ -- The Board of Directors of Piedmont Natural Gas (NYSE: PNY) today approved an increase in the Company's dividend for the 35th consecutive year. At its regularly scheduled meeting, the Board declared a quarterly dividend on Common Stock of 31 cents per share, up from the previous quarterly dividend of 30 cents per share. The increased dividend is payable April 15, 2013, to shareholders of record at the close of business on March 25,...
CHARLOTTE, N.C., Feb. 25, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) invites you to join its Annual Meeting of Shareholders that will be broadcast live over the Internet on March 6, 2013 at 8:30 a.m. Eastern Standard Time. What: Piedmont Natural Gas Annual Meeting of Shareholders When: March 6, 2013, at 8:30 a.m. EST Where: http://www.videonewswire.com/event.asp?id=92419 Or, for more information about Piedmont Natural Gas, visit the...
CHARLOTTE, N.C., Feb. 25, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) announces the following Webcast: What: Piedmont Natural Gas 1st Quarter 2013 Earnings Conference Call Webcast When: March 7, 2013 @ 10:00 AM Eastern Time Where: http://www.videonewswire.com/event.asp?id=92542 ----------------------------------------------- How: Live over the internet - - Simply log on to the web at the address above If you are unable to participate...
CHARLOTTE, N.C., Jan. 29, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) announced today that it has priced a public offering of 4,000,000 shares of its common stock at $32.00 per share. Of the 4,000,000 shares of Piedmont common stock being offered, Piedmont is selling 3,000,000 shares to the underwriters in the offering, and the forward counterparty (as defined below) is borrowing and selling to such underwriters 1,000,000 shares in connection with the forward sale agreement...
CHARLOTTE, N.C., Jan. 28, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) announced today that it intends to offer approximately 4,000,000 shares of its common stock in a registered underwritten public offering. Of the approximately 4,000,000 shares of Piedmont common stock being offered, Piedmont expects to sell approximately 3,000,000 shares to the underwriters in the offering, and the forward counterparty (as defined below) expects to borrow and sell to such underwriters...
CHARLOTTE, N.C., Jan. 17, 2013 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) has filed to reduce its natural gas rates in North Carolina and South Carolina. The new rates, if approved by the respective state commissions, would go into effect on February 1, 2013 and would reduce current residential natural gas rates by a range of approximately 7.5 percent to 9.5 percent. The proposed rate reduction would also save the average Piedmont Natural Gas residential customer...
CHARLOTTE, N.C., Dec. 21, 2012 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its fiscal year ended October 31, 2012. For the year, the Company reported net income of $119.8 million and diluted earnings per share of $1.66 compared with net income of $113.6 million and diluted earnings per share of $1.57 for 2011. Commenting on the Company's fiscal year 2012 results, Piedmont Chairman, President and Chief Executive Officer, Thomas E. Skains said, "It was...
