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.

Corning Natural Gas Holding Past Earnings Performance

Past criteria checks 1/6

Key information

-2.8%

Earnings growth rate

-3.5%

EPS growth rate

Gas Utilities Industry Growth10.0%
Revenue growth rate4.4%
Return on equity4.6%
Net Margin4.1%
Last Earnings Update31 Mar 2022

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Corning Natural Gas Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OTCPK:CNIG.P Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2241200
31 Dec 2137200
30 Sep 2135100
30 Jun 2134200
31 Mar 2134200
31 Dec 2033300
30 Sep 2032300
30 Jun 2033300
31 Mar 2032300
31 Dec 1934300
30 Sep 1936300
30 Jun 1936300
31 Mar 1937300
31 Dec 1836200
30 Sep 1834200
30 Jun 1834200
31 Mar 1833200
31 Dec 1731200
30 Sep 1730200
30 Jun 1728300
31 Mar 1725300
31 Dec 1622300
30 Sep 1620300
30 Jun 1619200
31 Mar 1620200
31 Dec 1521200
30 Sep 1523200

Quality Earnings: CNIG.P has high quality earnings.

Growing Profit Margin: CNIG.P's current net profit margins (4.1%) are lower than last year (6.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CNIG.P's earnings have declined by 2.8% per year over the past 5 years.

Accelerating Growth: CNIG.P's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CNIG.P had negative earnings growth (-26.4%) over the past year, making it difficult to compare to the Gas Utilities industry average (4%).


Return on Equity

High ROE: CNIG.P's Return on Equity (4.6%) is considered low.


Return on Assets


Return on Capital Employed


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