<- Go Home

Corning Energy Corporation

Corning Energy 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. The company serves residential, commercial, industrial, and municipal customers in the Corning, Hammondsport, and Virgil areas, as well as in Pike county; and distributes to 2 other gas utilities that serve the Elmira and Bath areas of New York. Corning Energy Corporation was formerly known as Corning Natural Gas Holding Corporation and changed its name to Corning Energy Corporation. The company was incorporated in 1904 and is headquartered in Corning, New York. As of July 6, 2022, Corning Energy Corporation was taken private.

Market Cap

$76.2M

Volume

2.4K

Cash and Equivalents

$333.5K

EBITDA

$9.6M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$13.9M

Profit Margin

33.76%

52 Week High

$24.77

52 Week Low

$22.70

Dividend

N/A

Price / Book Value

2.04

Price / Earnings

44.80

Price / Tangible Book Value

2.09

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$6.2M

Return on Equity

4.59%

Return on Assets

2.61

Cash and Short Term Investments

$333.5K

Debt

$80.4M

Equity

$42.3M

Revenue

$41.1M

Unlevered FCF

-$6.7M

Sector

Gas Utilities

Category

N/A

Hedge Funds that own this stock

PREMIUM

Upgrade to Yellowbrick Premium to unlock the Professional Funds that own this company (and many other perks).

Upgrade to Yellowbrick Premium

Yellowbrick Portfolios that own this stock

PREMIUM

Upgrade to Yellowbrick Premium to unlock the Yellowbrick portfolios that own this company (and many other perks).

Upgrade to Yellowbrick Premium

Company Stock Pitches