OverviewSuggest Edit

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. It also transports and compresses gas for a gas producer from the producer’s gathering network into an interstate pipeline. In addition, the Gas Company has contracts with Corning Incorporated and Woodhull Municipal Gas Company, a small local utility, to provide maintenance service on their gas lines.

TypePublic
Founded2013
HQCorning, US
Websitecorninggas.com

Latest Updates

Employees (est.) (Sep 2018)63(-3%)
Revenue (FY, 2018)$34.3 M
Share Price (Oct 2017)$18.2

Corning Natural Gas Holding Office Locations

Corning Natural Gas Holding has an office in Corning
Corning, US (HQ)
330 W William St
Show all (1)

Corning Natural Gas Holding Financials and Metrics

Corning Natural Gas Holding Revenue

Corning Natural Gas Holding's revenue was reported to be $34.28 m in FY, 2018
USD

Revenue (Q3, 2019)

6.9m

Gross profit (Q3, 2019)

5.2m

Gross profit margin (Q3, 2019), %

75.6%

Net income (Q3, 2019)

38.4k

EBIT (Q3, 2019)

844.7k

Market capitalization (18-Sep-2018)

40.0m

Cash (30-Jun-2019)

226.4k

EV

43.6m
Corning Natural Gas Holding's current market capitalization is $40 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

34.3m

Revenue growth, %

Cost of goods sold

8.6m9.7m7.1m4.2m7.9m9.7m

Gross profit

24.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q2, 2019Q3, 2019

Revenue

13.1m7.6m13.7m6.9m

Cost of goods sold

2.2m5.2m1.9m1.9m3.7m958.2k892.0k2.1m583.5k1.8m3.4m1.9m4.5m1.8m4.8m1.7m

Gross profit

8.6m5.8m8.9m5.2m

Gross profit Margin, %

66%76%65%76%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

14.2k108.1k75.3k3.8m442.9k220.0k

Accounts Receivable

1.7m2.0m1.6m2.7m3.4m

Prepaid Expenses

848.7k982.2k1.2m1.4m1.5m

Inventories

4.8m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.8m2.1m1.8m3.1m2.1m2.1m

Depreciation and Amortization

2.2m1.5m1.6m1.8m2.1m2.4m

Accounts Payable

586.7k(184.3k)(181.9k)837.0k(1.2m)1.1m

Cash From Operating Activities

4.5m5.6m5.5m3.1m3.0m5.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q2, 2019Q3, 2019

Net Income

544.2k2.2m2.7m568.4k2.3m2.4m460.4k2.4m2.5m468.5k2.1m2.3m2.3m2.7m3.4m3.4m

Depreciation and Amortization

459.8k836.2k1.2m387.2k820.2k1.2m408.7k847.1k1.3m519.8k1.1m1.6m1.2m1.8m1.2m1.9m

Accounts Payable

(85.0k)12.4k394.5k25.6k257.5k(229.9k)575.2k(8.8k)(412.5k)72.6k(379.3k)(233.2k)1.3m289.1k(893.4k)(1.1m)

Cash From Operating Activities

1.2m3.3m6.4m1.1m4.3m6.0m1.4m2.9m3.6m(31.9k)1.6m2.2m4.4m5.2m4.0m6.9m
USDY, 2019

EV/EBIT

51.6 x

EV/CFO

6.3 x

Debt/Equity

0.1 x

Financial Leverage

3.2 x
Show all financial metrics

Corning Natural Gas Holding Online and Social Media Presence

Embed Graph

Corning Natural Gas Holding News and Updates

Corning Natural Gas Holding Corporation Voting Results from Annual Meeting of Stockholders

CORNING, N.Y. , April 04, 2019 (GLOBE NEWSWIRE) -- At the Annual Meeting of Stockholders of Corning Natural Gas Holding Corporation (OTC: CNIG) held April 2, 2019, the Company announced results of the stockholder vote on three proposals. All were approved, including the election of Henry B. Cook, …

Corning Natural Gas Holding Corporation Quarterly Earnings Statement

CORNING, N.Y., Feb. 14, 2019 (GLOBE NEWSWIRE) -- Corning Natural Gas Holding Corporation (OTC:  CNIG) announced consolidated earnings of $749,794 or $0.23 per share for the quarter ended December 31, 2018.  This compares to consolidated earnings of $420,637, or $0.12 per share for the quarter ende…

Corning Natural Gas Holding Corporation Increases Dividend for Tenth Consecutive Year

CORNING, N.Y., Feb. 12, 2019 (GLOBE NEWSWIRE) -- Corning Natural Gas Holding Corporation’s (Other OTC: CNIG) Board of Directors declared a dividend for the March 31, 2019 ending quarter.  On January 29, 2019, the Company’s Board of Directors approved an increase in the common stock dividend to $0.…

Corning Natural Gas Holding Frequently Asked Questions

  • When was Corning Natural Gas Holding founded?

    Corning Natural Gas Holding was founded in 2013.

  • How many employees does Corning Natural Gas Holding have?

    Corning Natural Gas Holding has 63 employees.

  • What is Corning Natural Gas Holding revenue?

    Latest Corning Natural Gas Holding annual revenue is $34.3 m.

  • What is Corning Natural Gas Holding revenue per employee?

    Latest Corning Natural Gas Holding revenue per employee is $544.1 k.

  • Who are Corning Natural Gas Holding competitors?

    Competitors of Corning Natural Gas Holding include OGE Energy Corporation, Ameren and CenterPoint Energy.

  • Where is Corning Natural Gas Holding headquarters?

    Corning Natural Gas Holding headquarters is located at 330 W William St, Corning.

  • Where are Corning Natural Gas Holding offices?

    Corning Natural Gas Holding has an office in Corning.

  • How many offices does Corning Natural Gas Holding have?

    Corning Natural Gas Holding has 1 office.