Piedmont Turns to Marcellus to Supply U.S. East Coast After Slow Third-Quarter 2014

SUGAR LAND--September 9, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Natural gas services provider Piedmont Natural Gas Company (NYSE:PNY) (Charlotte, North Carolina), which primarily serves North Carolina, South Carolina and Tennessee, reported mixed results in third-quarter 2014, as seasonal slowness and expenses offset gains from customer growth, new rates and stronger transportation services. Piedmont reported a $7.34 million net loss for the quarter, compared with a $2.29 million net loss for the third quarter of 2013. Industrial Info is tracking $38 million in Piedmont projects.

Within this article: Details on Piedmont's quarter and current projects, including a major pipeline in Anderson County, South Carolina.

Other companies featured: Dominion Resources Incorporated (NYSE:D), Duke Energy (NYSE:DUK), AGL Resources (NYSE:GAS)