Gas Natural Inc (NYSEMKT:EGAS) had declared a cash dividend of $0.0750 on Jun 30, 2016. The shares will quote ex-dividend on Jul 12, 2016 and the record date has been fixed for Jul 14, 2016. On Jun 30, 2016 share price, the yield comes out to be 4.2918%. The dividend payable date has been fixed on Jul 29, 2016.
Gas Natural Inc (EGAS) made into the market gainers list on Tuesdays trading session with the shares advancing 1.41% or 0.1 points. Due to strong positive momentum, the stock ended at $7.18, which is also near the day’s high of $7.2. The stock began the session at $7.08 and the volume stood at 66,480 shares. The 52-week high of the shares is $10.25 and the 52 week low is $6.5. The company has a current market capitalization of $75 M and it has 1,05,11,520 shares in outstanding.
Gas Natural Inc(EGAS) last announced its earnings results on May 9, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $38.31M. Analysts had an estimated revenue of $42.24M. Earnings per share were $0.30. Analysts had estimated an EPS of $0.37.
Several Insider Transactions has been reported to the SEC. On May 23, 2016, Robert B Johnston (director) purchased 2,549 shares at $6.87 per share price.Also, On May 18, 2016, James E Sprague (CFO) purchased 2,500 shares at $7.10 per share price.On May 13, 2016, Michael R Winter (director) purchased 2,000 shares at $7.13 per share price, according to the Form-4 filing with the securities and exchange commission.
Gas Natural Inc. is a natural gas company. The Company operates local distribution companies in six states and serves approximately 68000 customers in total. The Company operates through the following segments: Natural Gas Operations Marketing and Production and Corporate and Other. The Company’s Natural Gas Operations segment annually distributes approximately 26 billion cubic feet (Bcf) of natural gas to its customers through regulated utilities operating in Kentucky Maine Montana North Carolina Ohio and Pennsylvania. The Company’s Marketing and Production segment annually markets approximately 1.3 Bcf of natural gas to commercial and industrial customers in Montana Wyoming Ohio and Pennsylvania through the Company’s subsidiaries Energy West Resources Inc. and Gas Natural Resources LLC.