Corning Natural Gas Holding Corporation

Corning Natural Gas Holding Corporation

CNIG

CNIGCorning Natural Gas Holding Corporation US flag

Other OTC

24.70

USD

- -

- -

Corning Natural Gas Holding Corporation

CNIG

(Other OTC)

Recent

price

24.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.

No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.

No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.

No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

No data availableFinancial data will appear here once available

Similar Companies: Connecticut Natural Gas Corporation PFD 8% (CTGSP)
The Great Taipei Gas Corporation (9908.TW)
JiaXing Gas Group Co., Ltd. (9908.HK)
Spire Inc. 6.375% Junior Subord (SRJN)
PETRONAS Gas Berhad (6033.KL)
Korea Gas Corporation (036460.KS)
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