SUGAR LAND, TX -- (Marketwire) -- 01/05/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading natural gas services provider Piedmont Natural Gas Company (NYSE:PNY) (Charlotte, North Carolina), which primarily serves North Carolina, South Carolina and Tennessee, saw strong growth in fiscal year 2011 as it expanded services in North Carolina and added a substantial number of customers. Reported income was lower than that of 2010, mostly due to a single large gain in the previous year from the company's January 2010 sale of half of its ownership interest in SouthStar Energy Services to AGL Resources Incorporated (NYSE:GAS) (Atlanta, Georgia). Net income for the year was reported to be $113.57 million, a 20% decrease from full-year 2010.
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