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Corning Natural Gas Holding OTCPK:CNIG.P Stock Report

Last Price

US$29.50

Market Cap

US$75.9m

7D

0%

1Y

n/a

Updated

06 Jul, 2022

Data

Company Financials

Corning Natural Gas Holding Corporation

OTCPK:CNIG.P Stock Report

Market Cap: US$75.9m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

CNIG.P Stock Overview

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity.

CNIG.P fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends3/6

Corning Natural Gas Holding Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Corning Natural Gas Holding
Historical stock prices
Current Share PriceUS$29.50
52 Week HighUS$29.71
52 Week LowUS$28.05
Beta0.31
1 Month Change0.68%
3 Month Change3.69%
1 Year Changen/a
3 Year Changen/a
5 Year Change18.00%
Change since IPO40.41%

Recent News & Updates

Recent updates

Shareholder Returns

CNIG.PUS Gas UtilitiesUS Market
7D0%-2.0%1.9%
1Yn/a-14.8%19.7%

Return vs Industry: Insufficient data to determine how CNIG.P performed against the US Gas Utilities industry.

Return vs Market: Insufficient data to determine how CNIG.P performed against the US Market.

Price Volatility

Is CNIG.P's price volatile compared to industry and market?
CNIG.P volatility
CNIG.P Average Weekly Movementn/a
Gas Utilities Industry Average Movement3.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: CNIG.P has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine CNIG.P's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
190473Mike Germanhttps://www.corninggas.com

Corning Natural Gas Holding Corporation, through its subsidiaries, distributes natural gas and electricity. The company offers natural gas to approximately 15,000 customers through approximately 434 miles of distribution main and 86 regulating stations; and electricity to approximately 4,900 customers through approximately 160 miles of electric distribution wire and poles, and 20 miles of gas distribution pipe. It also owns 4 gate stations and approximately 18 miles of pipe in Susquehanna and Bradford Counties, Pennsylvania.

Corning Natural Gas Holding Corporation Fundamentals Summary

How do Corning Natural Gas Holding's earnings and revenue compare to its market cap?
CNIG.P fundamental statistics
Market capUS$75.95m
Earnings (TTM)US$1.70m
Revenue (TTM)US$41.14m

44.7x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CNIG.P income statement (TTM)
RevenueUS$41.14m
Cost of RevenueUS$27.25m
Gross ProfitUS$13.89m
Other ExpensesUS$12.19m
EarningsUS$1.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin33.76%
Net Profit Margin4.13%
Debt/Equity Ratio190.0%

How did CNIG.P perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

111%

Payout Ratio
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