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- Southern Union and Sandell Asset Management Reach Agreement
- HOUSTON -- Southern Union Company (NYSE:SUG) and Sandell Asset Management Corp. (?Sandell?), affiliates of which own 8.6% of the Company?s outstanding shares, today announced...
- Research articles 2009-03-05
- Southern Union Announces 4Q and Fiscal 2008 Results; Issues 2009 Guidance
- Fiscal 2008 EPS of $2.26; Adjusted EPS of $1.81 ...
- Research articles 2009-02-26
- Southern Union Announces 2007 Guidance and Strategic Plan
- Intends to Form Master Limited Partnership with Southwest Gas Storage Assets Sandell Asset Management Withdraws Nominees for Election to Board HOUSTON -- Southern Union Company (NYSE:SUG) today issued its Strategic Plan & Outlook for 2007 and beyond. In response to suggestions by the company's largest shareholder, Sandell Asset...
- Research articles 2007-03-01
- Southern Union Announces Settlement of Litigation
- HOUSTON -- Southern Union Company (NYSE:SUG) today announced the settlement of litigation brought by Citrus Trading Corp. against Spectra Energy LNG Sales, Inc. (formerly known as Duke Energy LNG Sales, Inc.) for a cash payment to Citrus Trading of $100 million. Southern Union owns a 50 percent equity interest...
- Research articles 2007-02-01
- Southern Union Completes $1.15 Billion Sales of PG Energy and Rhode Island Assets of New England Gas Company
- HOUSTON -- Southern Union Company (NYSE:SUG) today announced it has completed the previously announced sales of the assets of its PG Energy natural gas distribution division in Pennsylvania and the Rhode Island assets of New England Gas Company. Southern Union sold the PG Energy assets to UGI Corporation (NYSE:UGI)...
- Research articles 2006-08-25
- Southern Union Reports Strong Second Quarter Results; Investor Call & Webcast Scheduled for Today at 2 P.M. ET
- HOUSTON -- Southern Union Company (NYSE:SUG): --EBIT of $87.2 million up 68 percent --Increases driven by interstate pipeline and midstream segments --Midstream segment completes hedging for 2006 and 2007 Southern Union Company (NYSE:SUG) today reported earnings before interest and taxes from continuing operations ("EBIT") of $87.2...
- Research articles 2006-08-07
- Southern Union Reports Improved First Quarter Earnings; Investor Call & Webcast Scheduled for Today at 2 P.M. ET
- HOUSTON -- Southern Union Company (NYSE: SUG): --Earnings from continuing operations of $73.4 million up 30 percent --Earnings per share from continuing operations of 60 cents up 25 percent --Increase driven by interstate pipeline segment and midstream business Southern Union Company (NYSE: SUG) today reported earnings...
- Research articles 2006-05-10
- Southern Union Reports Record Earnings from Its Operations; Investor Call & Webcast Scheduled for Today at 2 P.M. ET
- HOUSTON -- Southern Union Company (NYSE:SUG) today reported record net earnings available for common shareholders of $178.3 million ($1.58 per diluted share) on operating revenues of $2.02 billion, excluding a $175 million non-cash charge taken in December 2005 for the impairment of goodwill related to its distribution assets being sold.Year...
- Research articles 2006-03-14
- Southern Union Company Agrees to Sell PG Energy
- HOUSTON -- Southern Union Company: --$580 million cash transaction --Proceeds will help fund Sid Richardson Energy Services acquisition --Southern Union headquarters will move to Houston Southern Union Company (NYSE: SUG) today announced that it has entered into a definitive agreement to sell the assets of its...
- Research articles 2006-01-27
- Editor's notebook
- "Deal track record is solid, but strategy articulation needs work. SUG remains our favorite value name, but can be a 'tough love.' That's a quote from leading analyst Sam Brothwell who heads Wachovia's Securities Power and Gas Team in his review of Southern Union's latest billion-dollar acquisition. After listening...
- Research articles 2006-01-01
- Southern Union Company CFO to Present at Calyon Utilities Conference
- SCRANTON, Pa. -- Southern Union Company (NYSE:SUG) Senior Vice President and Chief Financial Officer Julie H. Edwards will present at the Calyon Securities' Utilities Conference in New York City at 1:30 p.m. EST Dec. 1, 2005.
- Research articles 2005-11-22
- Southern Union Company Announces Appointment of Senior Executive Vice President
- SCRANTON, Pa. -- The board of directors of Southern Union Company (NYSE:SUG) today announced the appointment of Eric D. Herschmann, 41, to senior executive vice president, effective Nov. 16, 2005.
- Research articles 2005-11-18
- Southern Union Company Announces Resignation of Thomas F. Karam, President and Chief Operating Officer
- SCRANTON, Pa. -- Southern Union Company (NYSE:SUG) today announced that Thomas F. Karam, president and chief operating officer, has resigned from the company, effective immediately. George L. Lindemann, chairman of the board and chief executive officer of the company, has been appointed president by the board of directors and will...
- Research articles 2005-11-08
- Southern Union to Report 3Q Earnings and Host Investor Call/Webcast on November 9
- SCRANTON, Pa. -- Southern Union Company (NYSE:SUG) will report earnings for the third quarter ended September 30, 2005, before the market opens on Wednesday, November 9, 2005. At 2:00 p.m. Eastern Time that day, Southern Union will also host an investor call and webcast to discuss results and outlook. ...
- Research articles 2005-10-18
- Florida Gas Transmission Company Files with FERC for Florida Expansion Project
- HOUSTON -- Florida Gas Transmission Company FGT has filed an application with the Federal Energy Regulatory Commission for the company's proposed Phase VII expansion project. The proposed project will expand FGT's existing pipeline infrastructure in Florida and provide the growing Florida energy market access to additional natural gas supply...
- Research articles 2005-10-05
- Southern Union Company Assets Substantially Intact
- SCRANTON, Pa. -- Southern Union Company (NYSE:SUG) announced a preliminary assessment of its interstate natural gas transmission systems located in the Gulf Coast area, including Florida Gas Transmission, Trunkline Gas Company, and Sea Robin Pipeline, indicating its assets are substantially intact after the passing of Hurricane Rita.Preliminary visual assessment of...
- Research articles 2005-09-26
- Southern Union Company Announces Minimal Damage to Facilities
- SCRANTON, Pa. -- Southern Union Company (NYSE:SUG) announced that a preliminary assessment of its interstate natural gas transmission systems located in the Gulf Coast area identified minimal damage from Hurricane Rita.
- Research articles 2005-09-27
- Southern Union Company Announces Operational Status of Its Interstate Natural Gas Transmission Systems
- SCRANTON, Pa. -- Southern Union Company (NYSE:SUG) announced that its interstate natural gas transmission systems located in the Gulf Coast area, including Florida Gas Transmission, Trunkline LNG in Lake Charles, La. and Sea Robin Pipeline, suffered only minor damage as a result of Hurricane Katrina. Florida Gas Transmission, Trunkline LNG...
- Research articles 2005-09-02
- Southern Union Company Appoints George E. Aldrich VP - Controller and Chief Accounting Officer
- SCRANTON, Pa. -- The Board of Directors of Southern Union Company (NYSE:SUG) announced the appointment of George E. Aldrich, 58, to vice president - controller and chief accounting officer effective Thursday, September 1. Aldrich will report to Julie H. Edwards, senior vice president and chief financial officer and will...
- Research articles 2005-09-02
- Southern Union Company Appoints Michael German Sr. VP of Utility Operations
- SCRANTON, Pa. -- The Board of Directors of Southern Union Company (NYSE:SUG) announced the appointment of Michael German, 55, to senior vice president, utility operations, effective Monday, August 15.
- Research articles 2005-08-15
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