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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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Interest Coverage 2.65
NYSE:PNY's Interest Coverage is ranked lower than
99.99% of the 604 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 5.00 vs. NYSE:PNY: 2.65 )
Ranked among companies with meaningful Interest Coverage only.
NYSE:PNY' s Interest Coverage Range Over the Past 10 Years
Min: 0  Med: 0 Max: 2.65
Current: 2.65
0
2.65
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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» NYSE:PNY's 30-Y Financials

Financials


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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2016-12-31 Sold Out 0.06%$60.02 - $60.02 $ 60.020%0
Premium More recent guru trades are included for Premium Members only!!
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Business Description

Industry: Utilities - Regulated » Utilities - Regulated Gas  
Compare:MIL:IG, NYSE:VVC, NYSE:WGL, XPAR:RUI, NYSE:APU, NYSE:OGS, NYSE:SWX, NYSE:NJR, NYSE:SR, TSE:9533, XMCE:ENG, XKRX:036460, BUE:TGSU2, BSE:SNG, BOM:532514, ISX:PGAS, NYSE:SJI, ASX:APA, HKSE:02688, HKSE:01193 » 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
74% of the 1061 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 3.29 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 608 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 0.75 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
75% of the 1052 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 3.14 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
92% of the 1059 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 4.06 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) $1,150.59
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

Piotroski F-Score Details

Piotroski F-Score: ----
Positive ROAN
Positive CFROAN
Higher ROA yoyN
CFROA > ROAN
Lower Leverage yoyN
Higher Current Ratio yoyN
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyN

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