| Business Summary | | Delta
Natural
Gas
Company,
Inc.
is
a
regulated
public
utility.
As
a
result
of
acquisitions
and
expansions
of
its
customer
base
within
its
existing
service
areas,
Delta
provides
retail
gas
distribution
service
to
40,000
customers
in
central
and
southeastern
Kentucky
and,
additionally,
provides
transportation
service
to
industrial
customers
and
interconnected
pipelines
located
in
the
area.
The
Company
purchases,
produces
and
stores
natural
gas
for
distribution
to
its
retail
customers
and
also
provides
transportation
service
to
industrial
customers
and
inter-connected
pipelines
through
facilities
located
in
23
predominantly
rural
counties
in
central
and
southeastern
Kentucky. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Delta
Natural
Gas
Company
Inc.
purchases,
produces
and
stores
gas
for
distribution
to
its
retail
customers
and
also
provides
transportation
services
to
industrial
customers
and
inter-connected
pipelines
in
KY.
For
the
nine
months
ended
3/31/01,
revenues
rose
58%
to
$56
million.
Net
income
rose
14%
to
$3.7
million.
Revenues
reflect
higher
gas
rates
and
non-regulated
sales
volumes.
Net
loss
reflects
increased
operation
and
maintenance
expenses
as
a
percentage
of
revenues. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
14,772;
after
tax
earnings
were
-56. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Harrison Peet, 79 Chairman | -- | Glenn Jennings, 50 Pres,
CEO | $178K | John Hall, 56 VP
- Fin., Sec. and Treasurer | -- | Alan Heath, 52 VP
- Operations and Engineering | 101K | Robert Hazelrigg, 52 VP-
Public and Consumer Affairs | -- | Dollar amounts are as of 30-June-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|