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Piedmont Natural Gas Company, Inc. is a wholly owned subsidiary of Duke Energy. Piedmont 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 ...
El Paso Natural Gas. Patara Oil & Gas. SourceGas Distribution, LLC. Transwestern Pipeline. Xcel Energy. Murex Petroleum. Black Hills Energy. Connecticut –. City of Norwich Department of Public Utilities.
Piedmont Natural Gas (NYS: PNY) carries $49 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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In 2016, Duke Energy purchased Piedmont Natural Gas for $4.9 billion to become its wholly owned subsidiary. Duke Energy completed selling its remaining power operations in Central and South America for $1.2 billion months afterwards. At one point Duke Energy had more than 4,300 megawatts of electric generation in Latin America.
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Cheniere Energy. Chesapeake Energy. Chesapeake Utilities. Chief Oil & Gas. CMS Energy. Cobalt International Energy. Colorado Interstate Gas. Columbia Gas of Massachusetts. Connecticut Natural Gas.
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