|Day's range||12.85 - 13.05|
|52-week range||7.04 - 13.05|
|PE ratio (TTM)||117.57|
|Earnings date||7 Aug 2017 - 11 Aug 2017|
|Dividend & yield||0.30 (2.30%)|
|1y target est||9.50|
Gas Natural Inc. , a holding company operating local natural gas utilities serving approximately 70,000 customers in four states, announced a special cash dividend equal to $0.0008152 per share of common stock for each day elapsed from and including July 1, 2017 and ending on the first business day prior to the closing date of the previously announced merger with FR Bison Merger Sub, Inc.
Spanish power and gas company Gas Natural (GAS.MC) has approached Portuguese rival EDP (EDP.LS) about merging to form Europe's fourth biggest utility by market value, people familiar with the matter said on Monday. Talks over a potential 35 billion euro ($40 billion) deal and its potential structure are still at an early stage and there is no certainty over their outcome, four sources said, although Gas Natural chairman Isidre Faine has already sounded out his Portuguese counterpart Antonio Mexia about a tie-up. A Gas Natural-EDP merger is seen as a good strategic fit as EDP has made big headway in renewable power while Gas Natural remains strong in gas-fired or coal generated electricity.
Rating Action: Moody's affirms Calidda's Baa3 senior unsecured rating; Outlook positive. Global Credit Research- 27 Jun 2017. Approximately USD320 million rated debt impacted.