Piedmont Natural Gas Company

Piedmont delivers natural gas to more than 1 million residential, commercial and industrial natural gas customers in North Carolina, South Carolina and Tennessee. While natural gas distribution is our core business, we also sell, service and install natural gas equipment and appliances through our Service Plus program. Our success is based on the relationships we've built with our customers, our communities and our employees.

Employee Rating

3.7More
TypeSubsidiary
Parent CompanyDuke Energy
HQCharlotte, US
Founded1951
Websitepiedmontng.com
Piedmont Natural Gas Company was founded in 1951 and is headquartered in Charlotte, US

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Piedmont Natural Gas Company Office Locations

Piedmont Natural Gas Company has offices in Charlotte, Burlington, Greenville, Monroe and in 3 other locations
Charlotte, US (HQ)
4720 Piedmont Row Dr
Burlington, US
Burlington, VT, USA
Greenville, US
Greenville, SC, USA
Monroe, US
Monroe, MI, USA
Nashville, US
Nashville, TN, USA
Salem, US
Salem, MA, USA
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Piedmont Natural Gas Company Financials and Metrics

Summary Metrics

Founding Date

1951
Piedmont Natural Gas Company is a subsidiary of Duke Energy

Piedmont Natural Gas Company Revenue

Piedmont Natural Gas Company's revenue was reported to be $23.76 b in FY, 2018
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.6b1.4b1.1b1.3b1.5b1.4b1.1b23.6b23.8b

Revenue growth, %

15%(7%)(16%)

Cost of goods sold

6.8b

Gross profit

16.9b
Quarterly
USDQ3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

211.6m652.1m392.6m197.3m471.8m308.4m161.1m515.9m399.4m162.9m657.7m462.2m164.2m607.3m424.9m158.3m461.3m350.2m157.8m321.7m5.7b5.6b6.5b5.9b5.6b6.6b6.0b

General and administrative expense

52.0m1.4b1.4b1.4b1.5b1.4b

Operating expense total

81.4m139.1m120.0m81.6m140.4m123.2m89.0m145.4m132.4m96.4m159.2m144.2m101.6m164.3m150.5m106.3m176.8m152.5m108.1m52.0m1.4b1.4b1.4b1.5b4.7b5.1b1.4b

Depreciation and amortization

973.0m1.0b
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

5.6m6.8m2.0m8.1m9.6m13.7m16.6m358.0m442.0m

Accounts Receivable

62.4m57.0m56.7m79.2m65.3m59.2m2.0b2.2b

Prepaid Expenses

39.8m39.1m30.6m35.0m39.0m28.9m634.0m1.0b

Inventories

55.6m3.3b3.1b
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Piedmont Natural Gas Company Online and Social Media Presence

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Piedmont Natural Gas Company Frequently Asked Questions

  • When was Piedmont Natural Gas Company founded?

    Piedmont Natural Gas Company was founded in 1951.

  • What is Piedmont Natural Gas Company revenue?

    Latest Piedmont Natural Gas Company annual revenue is $23.8 b.

  • Who are Piedmont Natural Gas Company competitors?

    Competitors of Piedmont Natural Gas Company include RGC Resources, Southern Company Gas and CenterPoint Energy.

  • Where is Piedmont Natural Gas Company headquarters?

    Piedmont Natural Gas Company headquarters is located at 4720 Piedmont Row Dr, Charlotte.

  • Where are Piedmont Natural Gas Company offices?

    Piedmont Natural Gas Company has offices in Charlotte, Burlington, Greenville, Monroe and in 3 other locations.

  • How many offices does Piedmont Natural Gas Company have?

    Piedmont Natural Gas Company has 7 offices.