Piedmont Natural Gas (PNY) Posts Mixed Q4 Results

Piedmont Natural Gas Reports First Quarter 2015 Results

CHARLOTTE, N.C., March 6, 2015 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its first fiscal quarter ended January 31, 2015. For the quarter, the Company reported net income of $93 million, or $1.18 per diluted share, compared to a net income of $97.6 million, or $1.26 per diluted share for the same period in 2014.

Margin for the quarter was $270.1 million, an increase of $8.6 million from the prior year's quarter. The increase in margin is primarily attributable to the full quarter impact of new rates in North Carolina that were effective January 1, 2014, rate... More

Aubrey B. Harwell, Jr. Retires from Piedmont Natural Gas Board

CHARLOTTE, N.C., March 5, 2015 /PRNewswire/ -- Thomas E. Skains, Chairman, President and CEO of Piedmont Natural Gas (NYSE: PNY) announced the retirement of Aubrey B. Harwell, Jr. from the Board at today's Annual Meeting of Shareholders. Mr. Harwell has been a member of Piedmont's Board since 2002 and served as Chair of the Board's Directors... More

Piedmont Natural Gas Increases Dividend for 37th Consecutive Year

CHARLOTTE, N.C., March 5, 2015 /PRNewswire/ -- The Board of Directors of Piedmont Natural Gas (NYSE: PNY) today approved an increase in the Company's dividend for the 37th consecutive year. At its regularly scheduled meeting, the Board declared a quarterly dividend on Common Stock of 33 cents per share, up 3.1% from the previous quarterly dividend of 32 cents per share. The increased dividend is payable April 15, 2015, to shareholders of record at the close of... More