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AGL Resources Inc. (AGL)

On Feb 9: 34.95 USD   0.00 (0.00%)  
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AGL Resources Inc.
Ten Peachtree Place NE
Atlanta, GA 30309
Phone: 404-584-4000
Fax: 404-584-3945
Web Site: http://www.aglresources.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Utilities
Industry: Gas Utilities
Employees (last reported count): 2,389

BUSINESS SUMMARY
AGL Resources Inc., an energy services holding company, distributes natural gas primarily in Florida, Georgia, Maryland, New Jersey, Tennessee, and Virginia. It operates in four segments: Distribution Operations, Retail Energy Operations, Wholesale Services, and Energy Investments. The Distribution Operations segment operates six natural gas distribution utilities that construct, manage, and maintain intrastate natural gas pipelines and distribution facilities. It operates approximately 46,000 miles of underground distribution and transmission mains. The Retail Energy Operations segment markets natural gas and related services under the Georgia Natural Gas name to retail customers on an unregulated basis primarily in Georgia, Ohio, and Florida, as well as to commercial and industrial customers principally in Alabama, Tennessee, North Carolina, South Carolina, and Georgia. The Wholesale Services segment involves in asset management and optimization, storage, transportation, production, and peaking services, as well as engages in wholesale marketing business. The Energy Investments segment develops, acquires, and operates salt-dome and other storage assets in the Gulf Coast region of the United States. This segment also provides telecommunications conduit and dark fiber optic cable to telecommunications companies, Internet service providers, educational institutions, and commercial entities, as well as offers telecommunications construction services. It has approximately 7.5 billion cubic feet of liquefied natural gas (LNG) storage capacity in five LNG plants located in Georgia, New Jersey, and Tennessee, as well as owns three propane storage facilities in Virginia and Georgia. The company was founded in 1856 and is based in Atlanta, Georgia.
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    OFFICERS
      Pay Exercised
    Mr. John W. Somerhalder II, 54
    Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee and Member of Fin. & Risk Management Committee
    $ 2.10M $ 0
    Mr. Andrew W. Evans , 43
    Chief Financial Officer and Exec. VP
    $ 1.03M $ 43.00K
    Mr. Douglas N. Schantz , 54
    Pres of Sequent Energy Management LP
    $ 1.14M $ 0
    Mr. Henry P. Linginfelter , 49
    Exec. VP of Utility Operations
    $ 845.00K $ 286.00K
    Mr. Ralph Cleveland , 47
    Exec. VP of Engineering & Operations
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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