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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

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GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

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» PNY's 30-Y Financials

Financials (Next Earnings Date: 2017-06-08 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

PNY Guru Trades in Q1 2016

Jim Simons 957,300 sh (+181.64%)
Mario Gabelli 57,748 sh (+130.53%)
» More
Q2 2016

PNY Guru Trades in Q2 2016

Mario Gabelli 108,050 sh (+87.11%)
Jim Simons 1,032,600 sh (+7.87%)
» More
Q3 2016

PNY Guru Trades in Q3 2016

Mario Gabelli 164,502 sh (+52.25%)
Jim Simons 799,900 sh (-22.54%)
» More
Q4 2016

PNY Guru Trades in Q4 2016

Jim Simons Sold Out
Mario Gabelli Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with PNY

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Utilities - Regulated » Utilities - Regulated Gas  
Compare:NYSE:VVC, OTCPK:RBSFY, NYSE:WGL, OTCPK:XNGSY, NYSE:APU, NYSE:SWX, NYSE:OGS, NYSE:NJR, OTCPK:LGPRU, OTCPK:DUETF, OTCPK:ENGGY, NYSE:SJI, OTCPK:CGHOF, OTCPK:APAJF, NYSE:NWN, NYSE:NI, NYSE:SPH, NYSE:ATO, NYSE:UGI, NYSE:CPK » details
Traded in other countries:PDM.Germany,
Headquarter Location:USA
Piedmont Natural Gas Co is an energy services company. It is engaged in distribution of natural gas to residential, commercial, industrial & power generation customers in portions of North Carolina, South Carolina and Tennessee.

Piedmont Natural Gas Co Inc was incorporated in New York in 1950 and began operations in 1951. In 1994, it merged into a newly formed North Carolina corporation with the same name for the purpose of changing its state of incorporation to North Carolina. The Company is an energy services company whose business is distribution of natural gas to residential, commercial, industrial and power generation clients in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities who are its wholesale customers. The Company is invested in joint venture, energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas transportation and storage and regulated intrastate natural gas transportation. It provides service from resource centers in Anderson, Greenville and Spartanburg in South Carolina and Charlotte, Salisbury, Greensboro, Winston-Salem, High Point, Burlington, Hickory, Indian Trail, Spruce Pine, Reidsville, Fayetteville, New Bern, Wilmington, Tarboro, Elizabeth City, Rockingham and Goldsboro in North Carolina. In North Carolina, it also provides natural gas service to Greenville, Rocky Mount and Wilson. In Tennessee, its service area is the metropolitan area of Nashville, including wholesale natural gas service to Gallatin and Smyrna. The Company has three reportable business segments, regulated utility, regulated non-utility activities and unregulated non-utility activities. The regulated utility segment includes operating a safe and reliable natural gas distribution system and the ability to recover the costs and expenses of the business in the rates charged to customers. The regulated non-utility activities segment consists of equity method investments in regulated energy-related joint ventures that are held by the Company's wholly-owned subsidiaries. The unregulated non-utility activities segment consists of its equity method investment in an unregulated energy-related joint venture that is held by a wholly-owned subsidiary. The regulated utility competes with other energy products, such as electricity and propane, in the residential and commercial customer markets. Natural gas for power generation competes with other fuel sources for the generation of electricity, including coal, nuclear and renewable resources. Additionally, as with industrial customers, the Company competes with other pipeline providers to serve the power generation plants.

Ratios

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Dividend & Buy Back

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Dividend Yield % 2.25
PNY's Dividend Yield % is ranked lower than
73% of the 1045 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 3.32 vs. PNY: 2.25 )
Ranked among companies with meaningful Dividend Yield % only.
PNY' s Dividend Yield % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 2.25
Current: 2.25
0
2.25
Dividend Payout Ratio 0.78
PNY's Dividend Payout Ratio is ranked lower than
55% of the 590 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 0.55 vs. PNY: 0.78 )
Ranked among companies with meaningful Dividend Payout Ratio only.
PNY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0  Med: 0 Max: 0.78
Current: 0.78
0
0.78
Forward Dividend Yield % 2.27
PNY's Forward Dividend Yield % is ranked lower than
76% of the 1038 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 3.47 vs. PNY: 2.27 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 2.25
PNY's 5-Year Yield-on-Cost % is ranked lower than
78% of the 1045 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 4.25 vs. PNY: 2.25 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
PNY' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0  Med: 0 Max: 2.25
Current: 2.25
0
2.25

Valuation & Return

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More Statistics

Revenue (TTM) (Mil) $1,151
EPS (TTM) $ 1.72
Short Percentage of Float1.55%
52-Week Range $40.30 - 60.35
Shares Outstanding (Mil)83.09

Analyst Estimate

Oct16 Oct17
Revenue (Mil $) 1,436 1,529
EPS ($) 1.92 2.12
EPS without NRI ($) 1.92 2.12
EPS Growth Rate
(Future 3Y To 5Y Estimate)
9.91%
Dividends per Share ($) 1.32 1.36
» More Articles for PNY

Headlines

Articles On GuruFocus.com
This Natural Gas Could Be in Your Value or Growth Portfolio Mar 28 2014 
Northwest Natural Gas Co. (NWN) Dividend Stock Analysis Jun 21 2013 
Five Dividend Paying Companies that Boosting Shareholders' Distributions Mar 11 2013 
Northwest Natural Gas Co. (NWN) Dividend Stock Analysis Dec 14 2012 
Piedmont Natural Gas Company (PNY) Dividend Stock Analysis Dec 07 2012 
11 Stocks Building a Comfortable Retirement with Higher Dividends Mar 12 2012 
Guru Stocks Raising Dividends: PNY, MLR, MAIN, GD, SPLS Mar 11 2012 
Northwest Natural Gas Co. (NWN) Dividend Stock Analysis Mar 09 2012 
Two Income Stocks Raising Dividends, two more expected to raise them in March Mar 14 2011 
Piedmont Natural Gas Company Inc. Reports Operating Results (10-Q) Mar 11 2011 

More From Other Websites
North Carolina Capital Facilities Fin. Agy. -- Moody's revises outlook for Duke Energy to stable;... May 12 2017
Former Piedmont Natural Gas exec heads to Parker Poe Feb 23 2017
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Piedmont Natural Gas inks agreement to connect Duke to swine-gas project Jan 24 2017
Charlotte's Newsmakers in 2016: Big deals this year for Duke Energy's Lynn Good Dec 30 2016
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Duke to close Piedmont Natural Gas Foundation next month Dec 16 2016
Construction to start on $100M N.C. swine waste plant Dec 15 2016
Rates for Piedmont Natural Gas' N.C. customers go up again Dec. 1 Dec 01 2016
N.C. regulators to act on Piedmont Natural Gas rate increase Monday Oct 28 2016
Shedding Brazilian Assets Puts Duke Energy in a Stronger Position Oct 14 2016
Duke Energy (DUK) Completes $6.7 Billion Piedmont Buyout Oct 04 2016
Short-Sellers Are Busy Covering Their Bets Against These Stocks Oct 03 2016
Done deal: Duke Energy, Piedmont Natural Gas complete $4.9 billion merger Oct 03 2016
Total Potential Return For Duke Energy Not Exciting Enough For These Analysts Oct 03 2016
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