BNET Industries

Indiana Natural Gas Corp. (INNG) is in the Energy Industry

Revenue: Aug 31 2004; $9.9M

Profit: Aug 31 2004; $384.1K

Market Cap: Aug 27 2008; $11.0M

Latest News and Analysis

Energy Savings Income Fund: Second Quarter Results for 3 and 6 Months Ending September 30, 2006

Energy Savings Income Fund (TSX: SIF.UN) - Highlights for the three months ended September 30, 2006 included: - Gross customer additions of 93,000 with net additions of 59,000. Energy Savings' customer base reached 1,647,000, up 24% year over year. - Gross margin seasonally adjusted of $44.2 million, up 12% quarter...

Articles 2006-11-06
Heating bills to rise, natural gas providers warn Indiana customers.

By Michele McNeil Solida, The Indianapolis Star Knight Ridder/Tribune Business News Jun. 23--As summer heats up in Indiana, natural gas providers delivered a chilly forecast for winter: the cost of heating your home will go up. Just how...

Articles 2004-06-23
Union Workers Protest Benefit Cuts at Northern Indiana Natural Gas Utility.

By Doug LeDuc, The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News May 17--FORT WAYNE, Ind. -- The union locals representing workers at Northern Indiana Public Service Co. are protesting proposed contract changes that would reduce the value of their health...

Articles 2004-05-17
Northern Indiana Natural Gas Customers Will See Heating Bills Drop.

The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News Apr. 3--FORT WAYNE, Ind.--Customers of Northern Indiana Public Service Co. should see a decrease in their April heating bills, thanks to a drop in natural gas costs. NIPSCO said Wednesday that costs...

Articles 2003-04-03
Northern Indiana Natural Gas Costs Are 25 Percent Lower in July than June.

The News-Sentinel, Fort Wayne, Ind. Knight Ridder/Tribune Business News Jul. 8--FORT WAYNE, Ind.--Natural gas costs for July are more than 25 percent lower than June, according to the Northern Indiana Public Service Co. That means that NIPSCO customers will...

Articles 2002-07-08

Indiana Gas Utilities Get Settlement Refunds.

By Chris O'Malley, The Indianapolis Star Knight Ridder/Tribune Business News Feb. 1--Indiana natural gas customers will share in an $11.7 million refund from out-of-state gas producers that improperly charged Indiana utilities in the 1980s. The settlement announced...

Articles 2002-02-01
Indiana Governor Asks Natural Gas Utilities to Cap Costs This Winter.(Knight Ridder/Tribune Business News)

Aug. 31--With Indiana's natural gas customers facing a 50 percent price increase over the next year, Gov. Frank O'Bannon on Wednesday urged the utilities to cap costs this winter and recoup the money later. The anticipated rate increase is based on a normal...

Articles 2000-09-01
Merrillville, Ind.-Based Energy Firm Readies Assets for Major Acquisition.(Knight Ridder/Tribune Business News)

May 9--FORT WAYNE, Ind.--NiSource plans to reduce the amount of debt required for its acquisition of Columbia Energy Group by selling $1 billion in non-core business. In a presentation to a group of securities analysts in New York last month, Gary Neale, chief...

Articles 2000-05-14
Cutoff Nears on Indiana Energy Supplier's Bid for Herndon, Va.-Based Firm.

Knight Ridder/Tribune Business News Oct. 14 -- The deadline for NiSource's possible hostile takeover of Herndon-based Columbia Energy Group is tomorrow, and analysts say anything could happen. The companies have been battling since June, when NiSource made its offer...

Articles 1999-10-13
Indiana Utility Takes Spiteful Grab at Virginia-Based Columbia Energy.

Knight Ridder/Tribune Business News Jun. 8 -- Herndon-based Columbia Energy Group became the target of a hostile takeover bid yesterday when NiSource Inc., an Indiana natural gas and electric power supplier, offered $5.7 billion for the company. NiSource's move is...

Articles 1999-06-07
Indiana Supreme Court to Decide Fate of Natural Gas Supplier.

Knight Ridder/Tribune Business News Apr. 23 -- The Indiana Supreme Court said Thursday it would rule on the controversial creation of a company that buys most of the natural gas used by central Indiana customers. By taking the case, the...

Articles 1999-04-22
Indiana Natural Gas Rates Will Rise Less in 1998.

Knight Ridder/Tribune Business News Oct. 30--FORT WAYNE, Ind.--Natural gas bills will take a slightly smaller bite out of consumers' pockets this year. Northern Indiana Public Service Co. said today that natural gas bills will rise for the heating season, but...

Articles 1998-10-30
Fill 'er up with natural gas. (Indiana Gas Co. to convert fleet-operation vehicles to natural gas)

The National Energy Policy that former President Bush signed last October among other things calls for use of alternative fuels in large vehicle fleets. But Indiana Gas Co. already had planned to make a switch from gasoline. "We began doing this before there were...

Articles 1993-02-01

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Incorporated: 1958

Indiana Natural Gas is engaged in the distribution of gas to residents and businesses in south central and western Indiana. Co. provides gas service in an approximate seven county territory with its customers representing local residents and businesses. Certain customers are required to pay a deposit for service. Co. supplies natural gas in towns of Paoli, French Lick, Orleans, English, Marengo, Milltown, Schnellville, Birdseye, Haysville, W. Baden, Dubois, Brown, Bartholomew, Nashville and adjacent rural areas. Natural gas is purchased from Texas Gas Transmission Corp., Texas Eastern Transmission Corp., and ANR Pipeline Co.

Key Competitors

Indiana Natural Gas Corp. Company Info

Board of Directors

David K. Ross

Henry R. Gwaltney

David A. Osmon

James C. Pearson

Jeffrey E. Hayes

Michael V. Crouch

Contact Information

1080 W. Hospital Road

Paoli, IN

http://www.blueriver.net

812 723-2152

NAICS Code

Natural Gas Distribution: 221210