StockSaints Logo 

PAA Natural Gas Storage, L.P. Earnings Preview For Nov, 2013

PAA Natural Gas Storage, L.P. Company Logo Image

PAA Natural Gas Storage, L.P. (PNG)

Background: PAA Natural Gas Storage, L.P. engages in the development, acquisition, operation, and commercial management of natural gas storage facilities. As of December 31, 2011, it owned and operated three natural gas storage facilities located in Louisiana, Mississippi and Michigan.

Wall Street isn't expecting much this quarter. Earnings per share is expected to come in below last year for the same quarter. The earnings release is scheduled after the market closes on November 4, 2013.

The mean estimate is currently 20 cents a share, a decline of 5 cents (20%) from 25 cents during the corresponding period last year. Analysts' estimates this quarter range from 15 cents, to a high of 24 cents per share.

The company currently pays $1.43 per share in dividends for a yield of 6.3%.

The last reported short interest is paltry and without reason to consider it a meaningful influence at only 1.1% of the average trading float.
 

 

(PNG)

(GAS)

(EPD)

(SRE)

Moderate Buy

1

1

8

8

Hold

8

5

3

4

Strong Sell Ratings

1

1

0

0

Avg Analyst Price Target

$21.50

(N)/A

$69.05

$91.33

Revenue

$441.81 million

$441.81 million

$47.70 billion

$10.49 billion

Est Low EPS

0.15

N/A

0.53

1.12

Est High EPS

0.24

N/A

0.73

1.36

1 Year Stock Price Change

16.49%

18.84%

20.10%

33.09%

Rate this article: 
Average: 5 (1 vote)
Stock Tickers: PNG GAS EPD SRE Author Disclosure: n/a
Tickers: