| Business Summary | | Piedmont
Natural
Gas
Company,
Inc.
is
an
energy
and
services
company
primarily
engaged
in
the
distribution
of
natural
gas
to
over
690,000
residential,
commercial
and
industrial
customers
in
North
Carolina,
South
Carolina
and
Tennessee.
In
the
Carolinas,
the
Company's
service
area
is
comprised
of
numerous
cities,
towns
and
communities
including
Anderson,
Greenville
and
Spartanburg
in
South
Carolina
and
Charlotte,
Salisbury,
Greensboro,
Winston-Salem,
High
Point,
Burlington
and
Hickory
in
North
Carolina.
In
Tennessee,
its
service
area
is
the
metropolitan
area
of
Nashville.
The
Company
also
retails
residential
and
commercial
gas
appliances
in
Tennessee. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Piedmont
Natural
Gas
Company
is
primarily
engaged
in
the
sale
and
distribution
of
natural
gas
and
Propane
to
residential,
commercial
and
industrial
customers
in
NC,
SC
and
TN.
For
the
six
months
ended
4/30/01,
revenues
increased
59%
to
$875.6
million.
Net
income
rose
11%
to
$90.2
million.
Revenues
reflect
increased
customer
growth
and
regulatory
adjustments.
Earnings
were
partially
offset
by
increased
transportation
and
utility
expenses,
and
higher
provision
for
bad
debts. Recent Earnings Announcement For
the
3
months
ended
07/31/2001,
revenues
were
121,779;
after
tax
earnings
were
-11,822. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Maxheim, 66 Chairman | $762K | Ware Schiefer, 63 Pres,
CEO, Director | 648K | David Dzuricky, 49 CFO,
Sr. VP | 379K | Ray Killough, 52 Sr.
VP - Operations | 393K | Thomas Skains, 44 Sr.
VP - Marketing and Supply Services | 389K | Dollar amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|