Piedmont Natural Gas today said it had higher net income in the second quarter compared with the same quarter last year. The Charlotte-based company reported net income of $47.4 million, or 66 cents per diluted share, compared with net income of $46.8 million, or 65 cents per share, for the same period in 2010. For the [...]
Instead of black gold, fortune seekers might be hunting clear gold as water becomes key to energy needs in the new century. The idea of water being as valuable as oil was floated today at the Energy Inc. conference in Charlotte, where CEOs and execs involved in the energy industry met to talk about how [...]
Charlotte-based Piedmont Natural Gas today said Jerry Amos is retiring from its board of directors. Amos has been a member of the board since 1978. Starting in 1964, Amos began representing Piedmont as outside counsel. He became the company’s general counsel in 1973, a position he held until 2003. The announcement was made at the company’s annual [...]
Piedmont Natural Gas said today that its board of directors has declared a quarterly dividend on common stock of 29 cents per share, a 3.6 percent increase over the previous quarterly dividend of 28 cents per share. The dividend is payable April 15 to shareholders of record as of March 25, the Charlotte company said.
Charlotte-based Piedmont Natural Gas said today that it has filed requests to reduce its residential natural gas rates by 3 percent in North Carolina and 2.5 to 3.5 percent in South Carolina. If state regulatory commissions approve the requests, the reductions would take effect March 1. The company said the rates it is proposing reflect reductions of about [...]
The CEO of Piedmont Natural Gas will undergo elective surgery Jan. 4 for a genetic abnormality in a cerebral blood vessel, the Charlotte-based company announced Thursday. Thomas Skains, who is also chairman and president of the company, is expected to take three to four weeks to recover. In his absence, David Dzuricky, senior vice president [...]
Charlotte-based Piedmont Natural Gas said Thursday that its board of directors has declared a quarterly dividend of 28 cents per share of common stock payable Jan. 18 to shareholders of record at the close of business Dec. 27. Piedmont distributes natural gas to more than 1 million residential, commercial and industrial utility customers in North Carolina, South Carolina and Tennessee.