Event-Driven Stocks

Columbia Pipeline Group, Inc.

Utilities · Natural Gas Transmission · DE · SEC filings ↗ · Compare ⊕

Signs5 good1 severedetails ↓

Financials

SEC XBRL · annual
 FY16FY15FY14
Revenue$1.38B$1.33B$1.35B
Operating income$151.7M$162.7M$491.6M
Net income$72.2M$90.0M$268.1M
Total assets$10.54B$10.04B$8.16B
Total liabilities$5.15B$5.02B$3.98B
Equity$4.44B$4.06B$4.18B
EPS (diluted)$0.28$0.29
Shares out.399.8M399.8M0

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2016
Operating margin
11.0%
Net margin
5.2%
Return on equity
1.6%
Return on assets
0.7%
Return on capital (ROCE)
1.5%
Liabilities / assets
48.9%
Debt / equity
1.16×
Book value / share
$11.10
Revenue growth (YoY)
3.5%
Net income growth (YoY)
−19.8%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2016
Altman Z″ (distress)
0.95distress
Accruals / assets
2.7%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe5 good
  • Altman Z″ in the distress zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spun off from NiSourceNI · Jul 1, 2015

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (2)

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