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Gas Natural Inc (EGAS)

Gas Natural Inc (EGAS)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Gas Natural Inc was originally incorporated in Montana in 1909 and was reorganized as a holding company in 2009 as a means to facilitate future acquisitions and corporate level financings of natural gas utility and energy-related businesses. On July 9, 2010 the Company moved its state of incorporation to Ohio and changed its name from Energy, Inc. to Gas Natural Inc. It is a natural gas company, primarily operating local distribution companies in six states and serving approximately 70,000 customers. The Company reports through five primary business segments: Natural Gas Operations: Representing the majority of the Company's revenue, the Company annually distributes approximately 32 Bcf of natural gas to approximately 70,000 customers through regulated utilities operating in Maine, Montana, North Carolina, Ohio, Pennsylvania and Wyoming. Marketing and Production: Annually, the Company markets approximately 1.2 Bcf of natural gas to commercial and industrial customers in Montana and Wyoming and manage midstream supply and production assets for transportation customers and utilities through its subsidiary, EWR. Pipeline Operations: The Company owns the Shoshone interstate and the Glacier gathering natural gas pipelines located in Montana and Wyoming through the Company's subsidiary EWD. Propane Operations: The Company delivers liquid propane, heating oil and kerosene to approximately 4,300 residential, commercial and agricultural customers in North Carolina and Virginia through the Company's subsidiary, Independence. The operations were acquired in August 2011. Corporate and Other: Corporate and other encompasses the results of corporate acquisitions and other equity transactions. Included in corporate and other are costs associated with business development and acquisitions, dividend income and recognized gains from the sale of marketable securities. In the Company's natural gas operations, it generally faces competition in the distribution and sales of natural gas from suppliers of other fuels, including coal, electricity, oil and propane. The Company's interstate natural gas operations are also subject to federal regulations with respect to rates, services, construction/maintenance and safety standards.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Jun, 2017 Mar, 2017 Dec, 2016 Sep, 2016 Jun, 2016
Sales -9,999,000 39,860 30,750 13,360 17,030
Sales Growth -25,185.30% +29.63% +130.16% -21.55% -55.55%
Net Income -9,999,000 3,350 1,320 -1,820 -1,660
Net Income Growth -298,577.61% +153.79% +172.53% -9.64% -161.94%
(Values in U.S. Thousands) Jun, 2017 Mar, 2017 Dec, 2016 Sep, 2016 Jun, 2016
Total Assets -9,999,000 191,170 197,420 186,380 189,670
Total Assets Growth -5,330.42% -3.17% +5.92% -1.73% -2.25%
Total Liabilities -9,999,000 95,640 104,470 93,950 94,670
Total Liabilities Growth -10,554.83% -8.45% +11.20% -0.76% -1.20%
(Values in U.S. Thousands) Jun, 2017 Mar, 2017 Dec, 2016 Sep, 2016 Jun, 2016
Operating Cash Flow -9,999,000 10,890 11,370 10,510 14,680
Operating Cash Flow Growth -91,918.17% -4.22% +8.18% -28.41% +56.67%
Net Cash Flow -9,999,000 1,200 3,740 1,110 5,430
Change in Net Cash Flow -833,349.31% -67.91% +236.94% -79.56% +330.95%
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