Piedmont Natural Gas Reports Steady Gains in Growth, Services for Fiscal Year 2011, an Industrial Info News Alert

(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 01/05/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading natural gas services provider (NYSE:PNY) (Charlotte, North Carolina), which primarily serves North Carolina, South Carolina and Tennessee, saw strong growth in fiscal year 2011 as it expanded services in North Carolina and added a substantial number of customers. Reported income was lower than that of 2010, mostly due to a single large gain in the previous year from the company's January 2010 sale of half of its ownership interest in SouthStar Energy Services to (NYSE:GAS) (Atlanta, Georgia). Net income for the year was reported to be $113.57 million, a 20% decrease from full-year 2010.
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Datum: 05.01.2012 - 11:40 Uhr
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News-ID 101311
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SUGAR LAND, TX
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Oil & Gas
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