Corning Natural Gas Holding Corporation

Corning Natural Gas Holding Corporation

CNIG
Corning Natural Gas Holding CorporationUS flagOther OTC
24.70
USD
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- -
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Michael I. German
Full Time Employees
73
Sector
Utilities
Industry
Regulated Gas
Address
330 West William Street Corning NY United States of America 14830
IPO Date
Apr 15, 1994
Business
Corning Natural Gas Holding Corporation operates primarily in the natural gas and electric utility sectors through its subsidiaries: Corning Natural Gas Corporation, Pike County Light & Power Company, Leatherstocking Gas Development Corporation, and Leatherstocking Pipeline Company. The company provides natural gas commodity and transportation services, as well as electric power distribution mainly in the Southern Tier of New York State and parts of Pennsylvania. Its core products and services include natural gas distribution to approximately 15,000 residential, commercial, industrial, and municipal customers in areas such as Corning, Hammondsport, and Virgil, New York; electric and natural gas service in Pike County, Pennsylvania; and natural gas service through its Leatherstocking subsidiaries in northeast Pennsylvania. The company also handles pipeline operations and unbundled energy services. Founded in 1904 and headquartered in Corning, New York, Corning Natural Gas Holding Corporation is a holding company that focuses on utility infrastructure investment and customer service within its regional markets. It serves diverse customer segments including residential, commercial, industrial, and municipal clients. Significant recent changes include Corning Natural Gas Holding Corporation's acquisition in July 2022 by Argo Infrastructure Partners LP, an infrastructure investment firm. This acquisition was completed after regulatory approval, with the company retaining its leadership team and operational structure. The acquisition is aimed at enabling Corning’s subsidiaries to access long-term capital for substantial investments in utility infrastructure, including pipeline replacements and electric grid resilience enhancements. The partnership with Argo reflects a strategic shift focusing on infrastructure modernization and expansion, aimed to benefit customers and the communities served by improving service safety, reliability, and efficiency. Corning Natural Gas Holding Corporation’s recent operational focus includes infrastructure investments supporting pipeline safety and expansion of electric utilities, ensuring competitive energy services in its operational geography spanning New York and Pennsylvania. This combination of traditional natural gas utility services with strategic infrastructure investments under new ownership positions Corning Natural Gas Holding Corporation as a key regional utility provider committed to modernizing energy delivery while maintaining strong customer service standards.

Company News

APIChat
  • Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Above 50-Day Moving Average – Time to Sell?

  • Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Below 200-Day Moving Average – Here’s What Happened

  • Corning Natural Gas (OTCMKTS:CNIG) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

  • Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Below 50 Day Moving Average – Time to Sell?

  • Corning Natural Gas (OTCMKTS:CNIG) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

  • Corning Natural Gas (OTCMKTS:CNIG) versus Spire (NYSE:SR) Critical Analysis

  • Corning Natural Gas Holding Corporation Quarterly Earnings Statement

  • Corning Natural Gas Holding Corporation Quarterly Earnings Statement

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds CNIG, CHNG, CATM, and GNBF Shareholders About Its Ongoing Investigations

  • Corning Natural Gas Holding Corporation Announces End of “Go Shop” Period Under Merger Agreement

  • SHAREHOLDER ALERT: WeissLaw LLP Reminds HEC, CNIG, CHNG and CATM Shareholders About Its Ongoing Investigations

  • Lifshitz Law Firm, P.C. Announces Investigation of CNIG, GWPH, JAZZ, HOL, JWS, KTYB, SYBT, PRSP, PROS, and VIE

  • SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Corning Natural Gas Holding Corporation Buyout

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Corning Natural Gas Holding Corporation

  • Corning Natural Gas (OTCMKTS:CNIG) Stock Passes Below 200-Day Moving Average of $16.66