Northwest Natural Gas Co (NWN): Gregg S Kantor , CEO of Northwest Natural Gas Co sold 1,000 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $56.86 per share for a total value of $56,857.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Gregg S Kantor (CEO) sold 7,000 shares at $50.47 per share price.On Mar 15, 2016, David R Williams (Vice President) sold 2,000 shares at $51.34 per share price.Also, On Jan 19, 2016, Mark S Dodson (director) sold 943 shares at $50.47 per share price.On Dec 10, 2015, Lea Anne Doolittle (Chief Adm. Officer & SVP) sold 350 shares at $49.10 per share price.
Shares of Northwest Natural Gas Co (NWN) ended Tuesday, May 10, 2016 session in red amid volatile trading. The shares closed down -0.17 points or -0.30% at $56.6 with 1,62,580 shares getting traded. Post opening the session at $56.98, the shares hit an intraday low of $56.34 and an intraday high of $57.12 and the price vacillated in this range throughout the day. The company has a market cap of $1,556 M and the number of outstanding shares has been calculated to be 2,74,93,381 shares. The 52-week high of Northwest Natural Gas Co is $57.12 and the 52-week low is $42.
Company has been under the radar of several Street Analysts.Northwest Natural Gas Co is Initiated by Sidoti to Buy. The Rating was issued on Apr 25, 2016.
Northwest Natural Gas Company is engaged in the distribution of natural gas. The Company operates in two business segments: Local Gas Distribution and Gas Storage. The Company maintains operations in Oregon Washington and California and conducts businesses through NW Natural and its subsidiaries. The local gas distribution business referred to as the utility segment serves residential commercial and industrial customers in Oregon and southwest Washington; and the gas storage business referred to as the gas storage segment provides storage services for utilities gas marketers electric generators and industrial users from storage facilities located in Oregon and California. As of December 31 2014 the Company had 700000 customers with around 89% located in Oregon and 11% located in Washington. It provides natural gas service to over 100 cities in around 18 counties.