The Conversation (0)
Piedmont Natural Gas (NYSE:PNY) announced its first quarter results for 2015, which shows a net income of $93 million and a diluted earnings per share of $1.18, compared to $97.57 million or $1.26 per share for the same period in 2014.
Piedmont Natural Gas (NYSE:PNY) announced its first quarter results for 2015, which shows a net income of $93 million and a diluted earnings per share of $1.18, compared to $97.57 million or $1.26 per share for the same period in 2014.
As quoted in the press release:
- Achieved net income of $93.0 million and diluted EPS of $1.18
- Added 4,892 new customers (+15 percent)
- Received approval from the North Carolina Utility Commission (NCUC) and the Tennessee Regulatory Authority (TRA ) for annual IMR rate adjustments of $26.6 million and $6.5 million, respectively
- Forecast $585 million utility capital expenditure and joint venture contribution program for fiscal year 2015
- Raised dividend for 37th consecutive year
- Reaffirmed 2015 EPS guidance range of $1.82 – $1.92
Click here to read the full Piedmont Natural Gas (NYSE:PNY)Â press release.