Piedmont Natural Gas (PNY) Tops Q3 EPS by 1c

Piedmont Natural Gas Reports Third Quarter 2016 Results

CHARLOTTE, N.C., Sept. 7, 2016 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its third fiscal quarter ended July 31, 2016. For the quarter, the Company reported a seasonal loss of $6.7 million, or $(0.08) per diluted share, compared to a seasonal loss of $8.3 million, or $(0.10) per diluted share, for the same period in 2015. Adjusted for merger-related expenses incurred during the Company's third quarter, the net loss was $5.7 million, or $(0.07) per diluted share.

For the nine months ended July 31, 2016, net income was $154.5 million and diluted earnings per share were $1.90, compared with net... More

Piedmont Natural Gas Announces Special Contingent Dividend

CHARLOTTE, N.C., Sept. 7, 2016 /PRNewswire/ -- At its regular quarterly meeting of the Company's Board of Directors, Piedmont Natural Gas (NYSE: PNY) today announced the declaration of a special contingent dividend on the outstanding shares of its Common Stock of $0.34 per share, subject to proration as described below.  This dividend is payable on the earlier of the effective date of the acquisition of Piedmont Natural Gas by Duke Energy Corporation (Effective Time) and January 13, 2017 and... More

Piedmont Natural Gas Announces Regular Quarterly Dividend

CHARLOTTE, N.C., Sept. 7, 2016 /PRNewswire/ -- At its regular quarterly meeting of the Company's Board of Directors, Piedmont Natural Gas (NYSE: PNY) today announced the declaration of a dividend on the outstanding shares of its Common Stock of $0.34 per share,... More