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Piedmont Natural Gas Co Inc
Piedmont Natural Gas Company, Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol PNY. The company is a natural gas utility that provides natural gas service to customers in North Carolina, South Carolina, and Tennessee.
Here are some general information and statistics about Piedmont Natural Gas Co Inc:
* Company Name: Piedmont Natural Gas Company, Inc.
* Ticker Symbol: PNY
* Industry: Energy
* Sector: Utilities
* Founded: 1950
* Headquarters: Charlotte, North Carolina
* Chairman and CEO: Thomas E. Skains
* Revenue (2020): $1.47 billion
* Net Income (2020): $171.3 million
* Employees: approximately 1,600
Piedmont Natural Gas Company, Inc. operates in three primary segments:
1. Utility Operations: This segment is engaged in the distribution of natural gas to residential, commercial, and industrial customers in North Carolina, South Carolina, and Tennessee.
2. Energy Services: This segment provides energy-related services, including the sale of natural gas and related services to customers.
3. Midstream Operations: This segment is engaged in the ownership and operation of midstream assets, including natural gas storage facilities, compression facilities, and pipeline systems.
Piedmont Natural Gas Company, Inc. has a long history of providing natural gas service to its customers, and it has a strong commitment to safety, reliability, and customer service. The company has consistently been recognized for its excellent performance, including being named one of the "Best Places to Work in IT" by Computerworld magazine.
In terms of stock performance, Piedmont Natural Gas Company, Inc. has had a relatively stable stock price over the past few years, with a 52-week high of $58.39 and a 52-week low of $47.24. The company has a market capitalization of around $4.8 billion and a dividend yield of around 3.3%. The company has consistently paid dividends to its shareholders and has a history of delivering strong financial performance.
Overall, Piedmont Natural Gas Company, Inc. is a well-established utility company with a strong track record of providing natural gas service to its customers. The company has a solid financial performance and a commitment to safety, reliability, and customer service.