Duke Energy's Purchase of Piedmont Natural Gas May Mean More Capex Opportunities

SUGAR LAND--October 27, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Corporation's (NYSE:DUK) (Charlotte, North Carolina) planned $4.9 billion acquisition of Piedmont Natural Gas Company Incorporated (NYSE:PNY) (Charlotte) likely will result in more capital expenditures as Duke its continues its power generation conversion to natural gas and builds out infrastructure to take advantage of new growth opportunities, company executives said Monday. Industrial Info is tracking 124 active Duke projects worth $7.01 billion.

Within this article: Details on Duke Energy Corporation's (NYSE:DUK) (Charlotte, North Carolina) planned $4.9 billion acquisition of Piedmont Natural Gas Company Incorporated (NYSE:PNY) (Charlotte).

Additional companies: Dominion Resources Incorporated (NYSE:D), AGL Resources Incorporated (NYSE:GAS), Williams Partners LP (NYSE:WPZ), Cabot Oil & Gas Corporation (NYSE:COG), WGL Holdings Incorporated (NYSE:WGL)