What is Piedmont Natural Gas Co Cash Flow from Financing?
Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Jul. 2016,
Piedmont Natural Gas Co received$5 Mil more from issuing new shares than it paid to buy back shares.
It received$110 Mil from issuing more debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$28 Mil paying cash dividends to shareholders.
It spent$3 Mil on other financial activities.
In all, Piedmont Natural Gas Coearned$84 Mil on financial activities for the
three
months ended in Jul. 2016.
Piedmont Natural Gas Co Cash Flow from Financing Historical Data
The historical data trend for Piedmont Natural Gas Co's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Piedmont Natural Gas Co Cash Flow from Financing Chart
Piedmont Natural Gas Co Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Piedmont Natural Gas Co's Cash from Financing for the fiscal year that ended in Oct. 2015 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Jul. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $244 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Piedmont Natural Gas Co (NYSE:PNY) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Piedmont Natural Gas Co's issuance of stock for the
three
months ended in Jul. 2016 was $5 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Piedmont Natural Gas Co's repurchase of stock for the
three
months ended in Jul. 2016 was $0 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Piedmont Natural Gas Co's net issuance of debt for the
three
months ended in Jul. 2016 was $110 Mil.
Piedmont Natural Gas Co received$110 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Piedmont Natural Gas Co's net issuance of preferred for the
three
months ended in Jul. 2016 was $0 Mil.
Piedmont Natural Gas Co paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Piedmont Natural Gas Co's cash flow for dividends for the
three
months ended in Jul. 2016 was $-28 Mil.
Piedmont Natural Gas Co spent$28 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Piedmont Natural Gas Co's other financing for the
three
months ended in Jul. 2016 was $-3 Mil.
Piedmont Natural Gas Co spent$3 Mil on other financial activities.
Piedmont Natural Gas Co Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of Piedmont Natural Gas Co's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Piedmont Natural Gas Co (Piedmont Natural Gas Co) Business Description
Piedmont Natural Gas Co Inc was incorporated in New York in 1950 and began operations in 1951. In 1994, it merged into a newly formed North Carolina corporation with the same name for the purpose of changing its state of incorporation to North Carolina. The Company is an energy services company whose business is distribution of natural gas to residential, commercial, industrial and power generation clients in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities who are its wholesale customers. The Company is invested in joint venture, energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas transportation and storage and regulated intrastate natural gas transportation. It provides service from resource centers in Anderson, Greenville and Spartanburg in South Carolina and Charlotte, Salisbury, Greensboro, Winston-Salem, High Point, Burlington, Hickory, Indian Trail, Spruce Pine, Reidsville, Fayetteville, New Bern, Wilmington, Tarboro, Elizabeth City, Rockingham and Goldsboro in North Carolina. In North Carolina, it also provides natural gas service to Greenville, Rocky Mount and Wilson. In Tennessee, its service area is the metropolitan area of Nashville, including wholesale natural gas service to Gallatin and Smyrna. The Company has three reportable business segments, regulated utility, regulated non-utility activities and unregulated non-utility activities. The regulated utility segment includes operating a safe and reliable natural gas distribution system and the ability to recover the costs and expenses of the business in the rates charged to customers. The regulated non-utility activities segment consists of equity method investments in regulated energy-related joint ventures that are held by the Company's wholly-owned subsidiaries. The unregulated non-utility activities segment consists of its equity method investment in an unregulated energy-related joint venture that is held by a wholly-owned subsidiary. The regulated utility competes with other energy products, such as electricity and propane, in the residential and commercial customer markets. Natural gas for power generation competes with other fuel sources for the generation of electricity, including coal, nuclear and renewable resources. Additionally, as with industrial customers, the Company competes with other pipeline providers to serve the power generation plants.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PNY has been successfully added to your 