Piedmont Natural Gas Company, Inc. (NYSE:PNY)

CAPS Rating: 5 out of 5

An energy services company primarily engaged in the distribution of natural gas to residential, commercial and industrial utility customers in North Carolina, South Carolina and Tennessee.

Recs

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Player Avatar john603 (< 20) Submitted: 1/24/2012 2:07:03 PM : Outperform Start Price: $32.45 PNY Score: -14.25

I like it. It has an adj price of only .68 v. hist. 10.45 12/30/86 and it is at 32.75 1/3/12. It is the power of the div. Wow! Plus they will sell lots with nast gas so low. BUT PEG is hi 3.84 and PE is 20.9x. chart shows a correction since 1/1/12. this is for the long term.

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