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Home > Company Index > Utilities > Gas Utilities > Southern Union Company

Southern Union Company
NYSE: SUG
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 NEWS FROM THE WIRES
Southern Union restructuring, reducing work force
Aug 17 2001 07:08 AM PDT

Southern Union sets 5 pct stock dividend
Aug 06 2001 08:18 AM PDT

Southern Union bill sent to Mass. governor
Jul 12 2001 02:30 PM PDT

More WIRE STORIES about this company

 PROFILE
Bring enough natural gas-related businesses together and you have a Southern Union. The company's utility units, which include Southern Union Gas and Missouri Gas Energy, distribute natural gas to 1.4 million customers in Florida, Massachusetts, Missouri, Pennsylvania, Rhode Island, Texas, and Mexico. In addition, Southern Union operates gas transmission pipelines in Texas and Mexico and sells propane. Its Mercado Gas Services unit markets natural gas to industrial and commercial customers. CEO George Lindemann and his family own about 28% of Southern Union.

 COMPETITION
Ameren Corporation (AEE)
Reliant Energy, Incorporated (REI)
TXU Corp. (TXU)

 DEALS
Deal: Southern Union Company Acquires Stake in Advent Networks
Date Announced: 03.16.00
Value of transaction (US $Mil): 2
Description: Digital broadband provider acquires 11 percent of energy distribution company.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 831.70
1-Yr. Sales Growth: 37.4%
Employees: 2,296
Revenue per employee: $362,238.68

 KEY PEOPLE
• George L. Lindemann
    CEO
• Ronald J. Endres
    CFO

 CONTACT INFO
504 Lavaca St., Ste. 800
Austin, TX 78701
US
Phone: 512-477-5852
Fax: 512-370-8380
Online: Web Site

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Copyright © 2001, Hoover's Inc. Austin, Texas.
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