Delta Natural Gas Co, Inc.
DGAS
NASDAQ30.69
USD
- -
- -
CIK
0000277375
Return %
Stock
S&P500
1Y
- -
19.43
3Y
- -
76.01
5Y
- -
74.94
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Utilities
- Industry
- General Utilities
- Address
- IPO Date
- Mar 26, 1990
- CIK
- 0000277375
- Similar Companies
- Business
- Delta Natural Gas Company, Inc. (NASDAQ: DGAS) operates as a regulated public utility engaged in the retail distribution of natural gas to approximately 36,000 customers across central and southeastern Kentucky, including service areas in Nicholasville, Corbin, and Berea; it also provides natural gas transportation services to industrial customers and interconnected pipelines in the region. The company owns and maintains roughly 2,600 miles of natural gas gathering, transmission, distribution, and storage lines, ranging over 12 inches in diameter, and holds leases for natural gas storage on approximately 8,000 acres in Bell County, Kentucky. Through its non-regulated segment, Delta operates subsidiaries including Delta Resources, Inc., Delgasco, Inc., which purchases natural gas in the open market from Kentucky producers for resale, and Enpro, Inc., which produces natural gas sold to Delgasco. Founded in 1949 and headquartered at 3617 Lexington Road, Winchester, Kentucky, Delta targets residential, commercial, and industrial customers within its 23 rural counties of operation, focusing on utility-grade gas distribution and transportation amid the natural gas distribution industry. The company continues efforts to expand its transmission and distribution systems, customer base, and infrastructure through pipe replacement programs and potential acquisitions of contiguous natural gas systems. In recent developments, Delta has pursued rate adjustments via Kentucky Public Service Commission proceedings, including Case No. 2024-00346, seeking increases to collection charges from $5 to $20 monthly, reconnection fees from $9 to $60, and approval for ongoing infrastructure replacement riders, reflecting operational enhancements after four years without major hikes. It reported quarterly earnings of $0.34 per share on revenue of $18.94 million as of early 2025, amid stable financials with annual sales around $68.8 million and a focus on regulated utility growth. No major acquisitions, funding rounds, or strategic partnerships have been announced for Delta Natural Gas Co., Inc. in the last 1-2 years, distinguishing it from unrelated entities like Delta Utilities.