Piedmont Natural Gas Co Inc (PNY) Files Form 4 Insider Selling : Kenneth T Valentine Sells 1,482 Shares

Piedmont Natural Gas Co Inc (PNY): Kenneth T Valentine , Vice President of Piedmont Natural Gas Co Inc sold 1,482 shares on Jan 29, 2016. The Insider selling transaction was reported by the company on Jun 3, 2016 to the Securities and Exchange Commission. The shares were sold at $59.24 per share for a total value of $87,769.98 , 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 26, 2016, R O Pritchard (Vice President) sold 3,300 shares at $59.60 per share price.On Apr 5, 2016, Frank B Jr Holding (director) sold 14,000 shares at $59.79 per share price.Also, On Mar 30, 2016, Jose M Simon (Vice President) sold 838 shares at $59.66 per share price.On Mar 21, 2016, Kevin M Ohara (Sr. Vice President) sold 2,500 shares at $59.85 per share price.

Shares of Piedmont Natural Gas Company (PNY) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.16 points or -0.27% at $60.09 with 3,43,877 shares getting traded. Post opening the session at $60.22, the shares hit an intraday low of $60.09 and an intraday high of $60.29 and the price vacillated in this range throughout the day. The company has a market cap of $4,872 M and the number of outstanding shares has been calculated to be 8,10,76,199 shares. The 52-week high of Piedmont Natural Gas Company is $60.29 and the 52-week low is $35.09.

Piedmont Natural Gas Company Money Flow Index Chart

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.

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