Articles related to Piedmont
 
24hGold - Associated Press
NATURAL GAS Duke Energy CEO: buyout foresees greater natural gas demand
RALEIGH, N.C. (AP) -- Duke Energy Corp.'s purchase of Piedmont Natural Gas Co. will create a company with the financial resources to expand the distribution of natural gas across the country as utilities shift further away from coal to the cleaner-burning fuel, the chief executive of the country's largest electric company said Monday. Duke Energy is spending $5 billion for Piedmont Natural Gas to secure natural gas and control costs for its own power plants and to position for
Monday, July 18, 2016
George F. Smith - Barbarous Relic
Loose Cannon, Part III
Summary of Part II: Brandon continues posting videos under his alias, Loose Cannon, but is suspicious of the low view totals he's seeing.  He talks to an analyst at the hosting service and discovers his suspicions are well founded and offers the analyst a hefty bonus to come clean.   A group of young veterans, meanwhile, rips him for what they see as an anti-American campaign.  In a middle-of-the-night moment of doubt, Brandon calls his good friend Rob and asks him what he thinks of his videos.
Monday, July 11, 2016
George F. Smith - Barbarous Relic
Loose Cannon, Part II
Summary of Part I: Iraq military vet Brandon Douglas wins the lottery and decides to campaign against voting, which he thinks plays into the hands of corrupt governments.   He uses his fame as the lottery winner to help draw attention to videos he makes in which he argues his position.  In his movies he refers to himself as Loose Cannon.  His gorgeous girlfriend Jeesee gives him grief but otherwise helps him out.  National commentator Lyman Lovett ridicules him, but Douglas regards it as free pu
Saturday, July 9, 2016
24hGold - Publicnow
NATURAL GAS Duke Energy's proposed acquisition of Piedmont Natural Gas takes another step forward June 10, 2016
The Public Staff is the independent state agency charged with protecting the interests of utility customers. The stipulations will ensure that the proposed acquisition 'will have no adverse impact' on either Duke Energy or Piedmontcustomer bills or service, the Public Staff states in a filing to the North Carolina Utilities Commission (NCUC). With the stipulations, the acquisition 'is justified…and meets the standard for approval' by the NCUC, the filing says. Duke Energy Chairman, Preside
Wednesday, June 15, 2016
24hGold - Publicnow
NATURAL GAS Piedmont Natural Gas Reports Second Quarter 2016 Results
CHARLOTTE, N.C., June 8, 2016 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its second fiscal quarter ended April 30, 2016. For the quarter, the Company reported net income of $63.4 million, or $0.78 per diluted share, compared to net income of $66.4 million, or $0.84 per diluted share, for the same period in 2015. Adjusted for merger-related expenses incurred during the Company's second quarter, net income was $64.1 million, or $0.79 per diluted share. For the s
Wednesday, June 8, 2016
24hGold - Associated Press
NATURAL GAS Piedmont Natural Gas misses 2Q profit forecasts
CHARLOTTE, N.C. (AP) _ Piedmont Natural Gas Co. (PNY) on Wednesday reported fiscal second-quarter earnings of $63.4 million. The Charlotte, North Carolina-based company said it had profit of 78 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 79 cents per share. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 85 cents per s
Wednesday, June 8, 2016
24hGold - Associated Press
Dominion Resources buying Questar for about $4.4 billion
NEW YORK (AP) -- Dominion Resources will spend approximately $4.4 billion to acquire Questar in a big reach to the West for the East Coast energy company. Dominion is a power producer in the mid-Atlantic region. Questar is in the Rockies and a principal source of gas supply to Western states. There was a rush of deals last year among energy companies who are bulking up with demand weak and energy prices plunging. That includes utilities, whic
Monday, February 1, 2016
24hGold - Publicnow
Constitution Pipeline Receives FERC Authorization to Proceed with Limited Tree Felling Activities in Pennsylvania
ALBANY, N.Y.--(BUSINESS WIRE)--Constitution Pipeline Company, LLC received authorization from the Federal Energy Regulatory Commission (FERC) today to proceed with limited tree felling activities along its federally-certificated pipeline right-of-way in Pennsylvania. The authorization is a significant milestone and major step forward for the pipeline designed to transport enough natural gas to serve approximately 3 million U.S. homes. 'We appreciate the FERC's prompt issuance of a limited 'Not
Friday, January 29, 2016
24hGold - Noodls
NATURAL GAS Piedmont Natural Gas Shareholders Approve Acquisition by Duke Energy
, /PRNewswire/ -- Shareholders of (NYSE: PNY) today voted to approve the company's acquisition by (NYSE: DUK) during a specially called meeting of shareholders at corporate offices in Charlotte. The proposal to approve the acquisition was supported by 66.8% percent of the company's outstanding shares entitled to vote. The companies filed for approval of the proposed acquisition with the and filed with the to transfer operating license on , 2016. has granted early termination of the 30-day
Friday, January 22, 2016
24hGold - Noodls
NATURAL GAS Piedmont Natural Gas Shareholders Approve Acquisition by Duke Energy
, /PRNewswire/ -- Shareholders of (NYSE: PNY) today voted to approve the company's acquisition by (NYSE: DUK) during a specially called meeting of shareholders at corporate offices in Charlotte. The proposal to approve the acquisition was supported by 66.8% percent of the company's outstanding shares entitled to vote. The companies filed for approval of the proposed acquisition with the and filed with the to transfer operating license on , 2016. has granted early termination of the 30-day
Friday, January 22, 2016
24hGold - Noodls
NATURAL GAS Duke Energy, Piedmont Natural Gas file with North Carolina Utilities Commission for acquisition approval January 15, 2016
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Thursday, January 21, 2016
24hGold - Noodls
NATURAL GAS As Temperatures Dip, Piedmont Natural Gas Asks Community to 'Share the Warmth'
, /PRNewswire/ -- (NYSE: PNY) today called on its customers and the general public to help the community's neediest residents stay warm this winter by contributing to Share the Warmth program. Donations to Share the Warmth are distributed by partner agencies and are used to pay energy bills regardless of the energy source used in the home, including natural gas, propane, oil and electricity. Funds stay in the communities where they are collected. Customers can participate by signing up for S
Tuesday, January 19, 2016
24hGold - Yahoo
TIN 5:18 am Rio Tinto reports Q4 production results; iron ore shipments rise 11 YoY
4:43 pm Atmel agrees to be acquired by Microchip (MCHP) for $8.15/share in cash & stock, or ~$3.56 bln (ATML) : The co's announced that Microchip has signed a definitive agreement to acquire Atmel for $8.15 per share in a combination of cash and Microchip common stock. The acquisition price represents a total equity value of about $3.56 bln, and a total enterprise value of about $3.40 bln, after excluding Atmel's cash and investments net of debt on its balance sheet of ~$155 mln at December 31
Tuesday, January 19, 2016
24hGold - PR Newswire
NATURAL GAS Duke Energy, Piedmont Natural Gas file with North Carolina Utilities Commission for acquisition approval
CHARLOTTE, N.C., Jan. 15, 2016 /PRNewswire/ -- Duke Energy (DUK) and Piedmont Natural Gas (PNY) today filed their application with the North Carolina Utilities Commission seeking regulatory approval of Duke Energy's proposed acquisition of Piedmont announced Oct. 26, 2015.  "This transaction will bring an array of benefits to North Carolina's energy consumers and the state's economy, and will not adversely impact Duke Energy's or Piedmont's customer rates or service," said Lynn Good, chairman,
Friday, January 15, 2016
24hGold - PR Newswire
NATURAL GAS Duke Energy, Piedmont Natural Gas file with North Carolina Utilities Commission for acquisition approval
CHARLOTTE, N.C., Jan. 15, 2016 /PRNewswire/ -- Duke Energy (DUK) and Piedmont Natural Gas (PNY) today filed their application with the North Carolina Utilities Commission seeking regulatory approval of Duke Energy's proposed acquisition of Piedmont announced Oct. 26, 2015.  "This transaction will bring an array of benefits to North Carolina's energy consumers and the state's economy, and will not adversely impact Duke Energy's or Piedmont's customer rates or service," said Lynn Good, chairman,
Friday, January 15, 2016
24hGold - Noodls
NATURAL GAS Duke Energy designates Yoho to lead Natural Gas Operations upon completion of the Piedmont acquisition December 18, 2015
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Thursday, December 31, 2015
24hGold - Yahoo
NATURAL GAS How Does Piedmont Natural Gas Compare to Its Peers
Piedmont Natural Gas’s Stock Falls on Fiscal 4Q15 Earnings Report(Continued from Prior Part) Piedmont Natural Gas and its peers We’ve looked at Piedmont Natural Gas (PNY) fiscal 4Q15 results. Now let’s compare Piedmont with its peers as of December 23, 2015: First, let’s compare PE (price-to-earnings) ratios: Piedmont Natural Gas (PNY)— 31.6x Duke Energy (DUK) — 20.8x Dominion Resources (D) — 22.5x SCANA (SCG) — 11.6x NiSource (NI) — 22.7x Now, let’s look at PBV (price-to-book value) ratios: P
Thursday, December 24, 2015
24hGold - Yahoo
NATURAL GAS How Does Piedmont Natural Gas Compare to Its Peers
Piedmont Natural Gas’s Stock Falls on Fiscal 4Q15 Earnings Report(Continued from Prior Part) Piedmont Natural Gas and its peers We’ve looked at Piedmont Natural Gas (PNY) fiscal 4Q15 results. Now let’s compare Piedmont with its peers as of December 23, 2015: First, let’s compare PE (price-to-earnings) ratios: Piedmont Natural Gas (PNY)— 31.6x Duke Energy (DUK) — 20.8x Dominion Resources (D) — 22.5x SCANA (SCG) — 11.6x NiSource (NI) — 22.7x Now, let’s look at PBV (price-to-book value) ratios: P
Thursday, December 24, 2015
24hGold - Yahoo
NATURAL GAS Piedmont Natural Gas’s Income Fell in Fiscal 4Q15 and Fiscal 2015
Piedmont Natural Gas’s Stock Falls on Fiscal 4Q15 Earnings Report Piedmont Natural Gas’s price movement Piedmont Natural Gas (PNY) has a market cap of $4.5 billion. Its price movement was stable in fiscal 2015. After the company’s fiscal 4Q15 earnings report, PNY fell by 0.52% to close at $56.92 per share in yesterday’s trade. PNY’s price movements on weekly, monthly, and YTD bases are 0.32%, -1.0%, and 49.2%, respectively. At times, the stock has broken the support of all moving day averages
Thursday, December 24, 2015
24hGold - Yahoo
NATURAL GAS Piedmont Natural Gas’s Income Fell in Fiscal 4Q15 and Fiscal 2015
Piedmont Natural Gas’s Stock Falls on Fiscal 4Q15 Earnings Report Piedmont Natural Gas’s price movement Piedmont Natural Gas (PNY) has a market cap of $4.5 billion. Its price movement was stable in fiscal 2015. After the company’s fiscal 4Q15 earnings report, PNY fell by 0.52% to close at $56.92 per share in yesterday’s trade. PNY’s price movements on weekly, monthly, and YTD bases are 0.32%, -1.0%, and 49.2%, respectively. At times, the stock has broken the support of all moving day averages
Thursday, December 24, 2015
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