NYSE MKT: EGAS AGA Financial Forum May 19, 2014 Gregory J. Osborne James E. Sprague President and CEO Vice President and CFO
Gas Natural Inc. We are a well positioned and growing i natural t l gas holding h ldi company led by a new and experienced management team. We p provide responsive, p reliable customer service at fair and reasonable rates,…
Natural Gas Utility Revenue Operating Income Q1 2014 TTM: 140.9 million Q1 2014 TTM: 13.3 million 90% 100% 10% Natural Gas All Other Operating Segments, Net 9 Utility operations in Montana, Wyoming, Ohio, Pennsylvania,…
Transforming Gas Natural Executive management changes May 2014: Gregory J. Osborne appointed CEO (currently serves as President and CEO) James E. Sprague, C.P.A. to become CFO (replacing retiring Thomas J. Smith) Announced A d…
Strategy for Growth Quality Service Safety Focus on cost Build rate base controls, compliance around core controls and operations ti efficiency Bolt-on acquisition New market Transformational strategy acquisition strategy…
Driving Organic Growth [1] 9 Approximately 73,000 local customers in seven states Adding approximately 300 customers per month Averaging 4% to 5% customer growth per year over past 5 years 9 Rapidly ap d y expanding pa d g market…
Customer and Weather Diversity 9 7 7,000 000 customers 9 324 miles of transmission and Maine distribution pipeline in ME 9 411 miles of transmission and distribution pipeline in NC 9 Market M k t penetration t ti rates t…
Acquisitions Experience A i d LDC iin eastern Acquired t KY Acquired Spelman pipeline 1,600 customers and rights-of- 1.6 million way in OH & KY 3.3 million June Septt S 2013 Apr 2012 Acquired OH & PA LDCs 2012 Apr 23,000…
Financial Highlights 11 2014 Gas Natural Inc.
Operating Income ( in millions) 13.3 13.4 11.1 10.7 10 1 10.1 9 Improved operational efficiencies 9 Disciplined cost management 9 Investing in infrastructure for future growth 2010 2011 2012 2013 Q1 2014 TTM 2011,…
Net Income ( in millions) 9 Acquisitions and rate 6.7 6.9 base investments lead to: 5.8 Increased volume 5.4 5 4 Increased customer count 3.7 9 Focused on cost control 9 Positioned to earn allowed returns 9 2012…
Flexible Balance Sheet ( in millions, except per share) Cash & Cash Equivalents q 13.0 13.1 10.2 11.1 Book Value per Share 3.4 9.33 9.17 9.12 9.04 12/31/2010 12/31/2011 12/31/2012 12/31/2013 3/31/2014 Capital…
Funded Debt and Equity 28% Debt: ( in millions) Total Cap 97.5 101.4 3 73.7 74 8 74.8 76 3 76.3 43.7 40.2 0 40.1 31.3 22.0 12/31/2010 12/31/2011 12/31/2012 12/31/2013 3/31/2014 Long-Term Debt Equity 95.7…
Regular Cash Dividends 0.56 0.54 0.54 0.54 9 Monthly cash dividend, currently tl 0.045 0 045 per share; h 0.54 per share annually 0.23 9 Current dividend yield is 5 1% which is 140 bps 5.1%, higher than the peer group…
Peer Comparisons Price to Earnings g Price to Book Dividend Yield (TTM) CRBO: 43.5x CRBO: 6.97x CRBO: N/A 2.14x 5.1% 20 1x 20.1x 4 8% 4.8% 19.7x 19.9x 19.9x 1.88x 18.3x 1.83x 17.1x 1.72x 4.1% 4.2% 3.8% 3.8% 15.7x 1.53x…
Company Highlights Transforming Gas Natural to Drive Earnings Growth Experienced and New Leadership Team Focused Acquisition Strategy Geographically Diverse Customer Base 18 2014 Gas Natural Inc.
NYSE MKT: EGAS AGA Financial Forum Gregory J. Osborne James E. Sprague President and CEO Vice President and CFO
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