Piedmont Natural Gas Co Inc (PNY): R O Pritchard , Vice President of Piedmont Natural Gas Co Inc sold 3,300 shares on Apr 25, 2016. The Insider selling transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were sold at $59.60 per share for a total value of $196,693.86 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Frank B Jr Holding (director) sold 14,000 shares at $59.79 per share price.On Mar 30, 2016, Jose M Simon (Vice President) sold 838 shares at $59.66 per share price.Also, On Mar 21, 2016, Kevin M Ohara (Sr. Vice President) sold 2,500 shares at $59.85 per share price.On Mar 1, 2016, Thomas E Skains (Chairman, President and CEO) sold 2,500 shares at $59.42 per share price.
Piedmont Natural Gas Company (PNY) witnessed a volatile trading activity on Friday Apr 22, 2016 and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $59.69 and reached the intraday high at $59.865. The bulls started the profit booking and pushed the shares to intraday low of $59.64. The trading session was marked by a volume range of 7,15,249 shares exchanging hands. The 52-week high of the shares is $60.04 and the 52-week low is $35.09. The market cap of the company stands at $4,840 M and there are 8,10,76,199 shares in public circulation.
Piedmont Natural Gas Company Inc. is an energy services company whose principal business is the distribution of natural gas to over one million residential commercial industrial and power generation customers in portions of North Carolina South Carolina and Tennessee including customers served by municipalities who are the Company’s wholesale customers. The Company is invested in joint venture energy-related businesses including unregulated retail natural gas marketing and regulated interstate natural gas storage and intrastate natural gas transportation. The Company operates in two segments: regulated utility and non-utility activities. The regulated utility segment is the gas distribution business where it includes the operations of merchandising and its related service work and home warranty programs with activities conducted by the utility. The non-utility activities segment consists of the Company’s equity method investments in joint venture energy-related businesses.