AGL profits slip Feb 7, 2008
AGL Resources Inc. reported Thursday a $1 million dip in profits for 2007 compared to the year before ... "Each of our business units performed well throughout the year from an operations standpoint," said John W. Somerhalder II, AGL Resources' chairman, president and chief executive officer. (Atlanta Journal-Constitution -- Business)
Atlanta's United Way surpasses $81 million goal Feb 7, 2008
AGL Resources also crossed over the million-dollar mark for the first time. Enterprise Rent-A-Car had its third year of double-digit growth going from $101,265 three years ago to $600,405 this year. (Atlanta Journal-Constitution -- Business)
Daily Briefing Feb 6, 2008
Reynolds is the former CEO of AGL Resources. Earnings stout at CME Group. (Atlanta Journal-Constitution -- Business)
Shrimp not the cause of bubbles Feb 5, 2008
The bubbling began as an Atlanta-based company, AGL Resources, pursued plans to build two natural gas storage caverns in the salt dome beneath the lake. The company already operates two such caverns at the lake, and residents have pointed to those as a possible cause of the bubbling. (KSLA.com, LA)
Beefed-up state chamber aims to influence policy Jan 17, 2008
Interestingly, Sitherwood's former boss, Paula Rosput Reynolds, would have been the first female chair, but she left AGL Resources to become CEO of Seattle-based Safeco and had to withdraw her name from the lineup. The 2012 chairman will be Doug Carter, president of Don Carter Realty in Gainesville. (Atlanta Journal-Constitution -- Business)
Controversy bubbles up again after USGS testing Dec 27, 2007
Recent test results at Lake Peigneur have sparked renewed controversy between AGL Resources and the Save Lake Peigneur group. According to the U.S. Geological Survey information from AGL Resources, gas bubbling up from the lake contains 70 percent methane and 6 percent oxygen ... Every test conducted by the state and federal agencies, as well as our own company, continue to show that there is absolutely no connection between our operations and the reported bubbling, said Jack Holt, the AGL... (New Iberia, LA)
AGL Resources: No chance of explosion from Lake Peigneur bubbles Dec 23, 2007
The statement is a response to comments by Nara Crowley, vice president of the group trying to stop AGL Resources LLC of Atlanta from doubling its caverns. Crowley said Friday that tests by the U.S. Geological Survey indicate that the bubbles are explosive but apparently natural. (KSLA.com, LA)
Program could revitalize some city neighborhoods Dec 19, 2007
The GICH is partially funded by the Georgia Power Co., the U.S. Department of Agriculture-Rural Development, and the AGL Resources Foundation and is supported by the Georgia Electric Membership Corporation through in-kind services. Classifieds. (Calhoun Times, GA)
Group differs on site Dec 15, 2007
The site was created by Jefferson Island Storage and Hub, a subsidiary of Atlanta-based AGL Resources. It is supposed to educate people about AGL Resources plans to expand its natural gas storage facility in the salt dome beneath Lake Peigneur ... They (AGL Resources) are very clever, said Nara Crowley, president of Save Lake Peigneur. (New Iberia, LA)
AT&T helps Tour de Georgia get off to fast start Dec 13, 2007
Other leaders include: AirTran Chairman Joe Leonard, who'll head the Transportation Policy Committee; SunTrust's Gary Peacock, leading the Economic Development Committee; AGL Resources' John Somerhalder, heading the Environmental Policy and Sustainability Committee; Ernst 's Tom Hough, leading the Atlanta Education Committee; and PricewaterhouseCooper's Gary Price, heading the Regional Education Committee along with Helene Lollis of Pathbuilders as co-chairwoman. Muhtar Kent, Coca-Cola's next... (Atlanta Journal-Constitution -- Business)
Shutdown sober reminder Dec 11, 2007
It is a commercial facility that yields lucrative profits for Georgia-based utility company AGL Resources, Inc.. If the billions of cubic feet of gas isn t enough to leave us laying wide-eyed at night, AGL is actively trying to influence our state government to approve the creation of more salt caverns to DOUBLE the amount of gas they can store. (New Iberia, LA)
Atlanta Habitat for Humanity ready to branch out Dec 6, 2007
"It's important to us that they have land to bring to the partnership," said Melanie Platt, an AGL Resources executive who is chairing the Atlanta Habitat board. "And we can help them by accelerating their process," Martin said. (Atlanta Journal-Constitution -- Business)
Somerhalder becomes AGL Resources chair Nov 6, 2007
Somerhalder Atlanta-based AGL Resources (NYSE: ATG) in March 2006 to replace Paula Rosput Reynolds ... AGL Resources operates Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. (Atlanta Business Chronicle, GA)
Atlanta Urinals, Fountains Run Dry as UPS, Coca-Cola Fight Record Drought Oct 31, 2007
We are very galvanized around this issue,'' said John Somerhalder II, chief executive officer of AGL Resources Inc., which provides natural gas in Atlanta, and vice chairman of the Metro Atlanta Chamber of Commerce's environmental committee. It is the No. 1 topic that businesses are concerned about. (Bloomberg -- US)
Virginia Natural Gas Urges Customers to Prepare Their Homes and Wallets for Winter Oct 10, 2007
For more information: Virginia Natural Gas: American Gas Association: National Association of Home Builders: U.S. Department of Energy: About AGL Resources AGL Resources (NYSE: ), an Atlanta-based energy services company, serves more than 2 ... As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand ... About Virginia Natural Gas Virginia Natural Gas, a wholly owned subsidiary of AGL Resources (NYSE: ATG),... (PR Newswire)
After surviving storms, Portman's on top of game Oct 5, 2007
Much to the surprise of the Hills, AGL Resources presented them a $10,000 check to go to that program's scholarship fund. A call for renewal. (Atlanta Journal-Constitution -- Business)
AGL revises Atlanta-to-Elba Island gas pipeline plan Sep 21, 2007
A new subsidiary of AGL Resources, Atlanta Gas Light's parent, would own the AGL pipeline and space on the Cypress line. That new subsidiary, Magnolia Enterprises Holding Inc., would put AGL Resources in the interstate pipeline business for the first time although Southern Natural Gas will actually operate the Magnolia lines under a 15-year lease agreement. (Atlanta Journal-Constitution -- Business)
School, road reopen after gas main break Sep 19, 2007
AGL Resources, owners of the gas pipeline, will be filing a complaint with the Georgia Public Service Commission, as the law requires, against the party or parties responsible for the break, spokesman Jack Holt said. The PSC will investigate and determine what, if any action, will be taken against those parties, Holt said. (Atlanta Journal-Constitution -- Metro)
Campaign goal for United Way set at $81 million Sep 6, 2007
Harriette Watkins, who worked in external affairs for both Georgia Power and AGL Resources before retiring last year, has a new job. Watkins is now senior adviser for community affairs for Spelman College President Beverly Tatum. (Atlanta Journal-Constitution -- Business)
'My Delta' war cry resonates Sep 2, 2007
(Several local leaders do feel that Paula Rosput Reynolds, former CEO of AGL Resources who now is in Seattle as Safeco's CEO, is still loyal to Atlanta. . (Atlanta Journal-Constitution -- Business)
Delta charts new course with choice of 'outsider' CEO Aug 26, 2007
Paula Rosput Reynolds, 50, former AGL Resources chief, now CEO of Safeco Corp. Kenneth Woodrow, 62, retired vice chairman and president of Target Corp. Gerald Grinstein, 75, who retires as Delta's CEO, and from the board, on Sept. 1. DELTA'S TOP EXECSRichard Anderson is the eighth top executive in the airline's history. (Atlanta Journal-Constitution -- Business)
AGL's earnings jump nearly 60% Aug 3, 2007
A cooler than normal April and subsiding natural gas prices helped push up natural gas usage and increase AGL Resources' second quarter earnings nearly 60 percent over last year's. The parent company of Atlanta Gas Light and Georgia Natural Gas reported reported profits of $30 million, or 40 cents per share. (Atlanta Journal-Constitution)
AGL Resources' profit rises Aug 2, 2007
"Our second-quarter results reflect improved operating margins in each of our business segments," said John W. Somerhalder II, president and CEO of AGL Resources. AGL Resources operates Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. (Atlanta Business Chronicle, GA)
SCLC realizes dream: New debt-free headquarters Aug 2, 2007
The other contributors are, for the most part, companies that usually invest in Atlanta: AGL Resources, ATlSouth, Coca-Cola, Cousins Properties, Delta Air Lines, Georgia-Pacific, Home Depot, IBM, Siemens, SunTrust Bank and Wachovia Bank. Among the individuals donating was David Allen, chairman of the Georgia Chamber of Commerce, and Kenneth and Judy Walters, community supporters in Tuscaloosa, Ala. (Atlanta Journal-Constitution -- Business)
AGL Resources Reports Second Quarter Earnings Results and Reaffirms 2007 Earnings Guidance Aug 2, 2007
ATLANTA, Aug. 2 /CNW/ -- AGL Resources Inc. (NYSE: ATG) today reported second quarter net income of $30 million, or $0 ... AGL Resources reaffirmed its 2007 full-year guidance of $2 ... "Our second quarter results reflect improved operating margins in each of our business segments," said John W. Somerhalder II, president and chief executive officer of AGL Resources. (Canada Newswire)
Business leaders ready to invest in region's future Jul 26, 2007
Plus, there's a cabinet of 25 other top-ranking executives, such as Delta's Gerald Grinstein, Genuine Parts' Tom Gallagher, Equifax's Rick Smith, Turner Broadcasting's Phil Kent, Wachovia's Bill Linginfelter, General Electric's John Rice, Coca-Cola Enterprises' John Brock, AGL Resources' John Somerhalder and SunTrust's Gary Peacock. But no cabinet member has more symbolism than Louise Allen, CEO of Ivan Allen Workspace. (Atlanta Journal-Constitution -- Business)
Newmont Mining's new chief strives to rebuild credibility Jul 25, 2007
Global gold production is declining," Merath added. O'Brien, born in Portand, Oregon, joined Newmont after working for AGL Resources, the owner of natural-gas utilities in the eastern United States, as well as for Mirant and Pacificorp. He studied economics at the University of Chicago. "Going through 2006 when we had to revise our production estimates downward three times, and our costs up three times, that was no way to impress people with the fact that you know how to run your business," he... (International Herald Tribune -- Business Asia)
Newmont's O'Brien, Taking Helm, May Make Takeovers, Aims to Revive Company Jul 24, 2007
O'Brien, born in Portand, Oregon, joined Newmont after working for AGL Resources Inc., the owner of natural-gas utilities in the eastern U.S., Mirant Corp. and Pacificorp. He studied economics at the University of Chicago. (Bloomberg -- Canada)
Whatever happened to the Dafuskie Five? Jul 23, 2007
They ranged from AGL Resources, American Express, Comcast, the Georgia Hospital Association, UPS and Georgia Pest Control to the city of Atlanta and DeKalb County. By contrast, Kidd listed about one-tenth the number of clients that Edge had last session. (Atlanta Journal-Constitution)
Iberia Parish wants more tests at Lake Peigneur Jun 30, 2007
AGL Resources Inc., which owns two storage caverns in the lake, announced plans last summer to build two more. Residents worry about possible environmental and safety hazards. (Leesville Daily Leader, LA)
Effort to bring back Lake Peigneur bill fails Jun 21, 2007
The cause for the bubbling has been undetermined, but residents believe underground natural gas caverns operated by AGL Resources are to blame. Officials with AGL maintain that the facility is not the cause of the bubbling, citing that tests conducted by the company and the Department of Natural Resources have not led to the discovery of pollutants in the lake. (New Iberia, LA)
GEORGIA BLUE CHIPS Jun 19, 2007
AGL EXEC MIGRATES: A top executive of AGL Resources, the parent company of Atlanta Gas Light, has left to join a Seattle-based company now headed by AGL's former CEO. ... AGL Resources announced the changes Monday along with a series of organizational moves in its leadership team: "These are mature business leaders who undoubtedly will ensure the continuity and advancement of our businesses," company CEO John Somerhalder said in a release. (Atlanta Journal-Constitution -- Business)
AGL Resources names new utility operations head Jun 19, 2007
Linginfelter has more than 24 years of experience in utility operations with Atlanta-based AGL Resources (NYSE: ATG). Since 2000, he has served as president of Virginia Natural Gas in Norfolk. (Atlanta Business Chronicle, GA)
Not giving up on Lake Peigneur Jun 17, 2007
Residents believe that the underground natural gas caverns, operated by AGL Resources, are the reason for that. People in the group Save Lake Peigneur believe that whatever is causing the bubbling could lead to a bigger disaster. (New Iberia, LA)
Newmont Announces Retirement of Wayne Murdy as CEO; Richard O'Brien Appointed CEO Effective July 1, 2007; Joseph Carrabba Elected to Board of Directors Jun 6, 2007
Prior to joining Newmont, he served as a senior executive of AGL Resources and Pacificorp. Mr. Murdy commented, "Dick has more than 20 years of operating and financial experience in the energy, mining and natural resources businesses. We have benefited significantly from Dick's talents and perspectives, and he is the natural leader of Newmont's executive team as we move forward." Mr. O'Brien commented, "I am honored to be asked to lead a company with a storied history and the industry's most... (PR Newswire)
Lake drilling bill fails Jun 1, 2007
The legislation targeted AGL Resources, which has two underground storage caverns filled with natural gas under the 1,300-acre lake and wants to build two more. But that s a dangerous proposition, lake-area residents said, for the 5,000 people who live within a three-mile radius of the lake at the Iberia-Vermilion border. (New Iberia, LA)
Peigneur group headed to Baton Rouge May 31, 2007
Passage would directly affect AGL Resources, which wants to build two new underground natural-gas storage caverns, Crowley said Friday. She and others are unhappy that the word "prohibit" in the wording of the bill has raised concerns among oil and gas lobbyists. (New Iberia, LA)
Lake Peigneur bubbles again May 29, 2007
The bubbling, which has sporadically been reported in the past year, has been part of the argument used by Crowley and the Save Lake Peigneur group against the plan by AGL Resources of Atlanta to expand its natural gas storage cavern operation in the salt dome beneath the lake. Two studies funded by the state on the cause of the bubbling turned up nothing. (KSLA.com, LA)
AT&T gave $200K for inauguration May 18, 2007
Other big contributors included Georgia Power and Georgia Pacific Financial Management, which gave $50,000 each, AGL Resources, which gave $25,000, and the Georgia Association of Realtors, which contributed $25,000. Comments. (Atlanta Journal-Constitution)
DOZENS SUPPORT LAKE BILL May 6, 2007
Martinville, targets AGL Resources, a natural-gas company that signed a contract with the state to build two new underground gas-storage caverns. Save Lake Peigneur members oppose constructing the new caverns and say it would compromise the safety around the lake. (New Iberia, LA)
Civil rights leaders help Hyatt celebrate anniversary May 4, 2007
After 15 months as CEO of AGL Resources, John Somerhalder seemed at ease while running the company's annual meeting Wednesday. "I knew this was a very good business before I ever came here," said Somerhalder, who had done business with former CEO Paula Rosput Reynolds and her team. (Atlanta Journal-Constitution -- Business)
‘Solution’ to bill to block expansion May 3, 2007
In response to a Louisiana Legislative bill that would prohibit drilling and prevent any expansion of current operations at Lake Peigneur, an AGL Resources spokesman said Tuesday the company is committed to putting in two new underground storage caverns. We re going to work with the sponsor to come to a solution, Jack Holt said. (New Iberia, LA)
Bill reduces drilling May 2, 2007
AGL Resources has a plant at the lake and two underground gas-storage caverns. The company wants to drill two more, but the state stopped the move. (New Iberia, LA)
AGL Resources' Q1 profit falls to $102M May 2, 2007
AGL Resources said its first-quarter 2007 results reflect improved contributions from its Retail Energy Operations segment, which partially offset lower results in the Wholesale Services segment ... "Our first -quarter results are right in line with our expectations, and put us on track to meet the earnings guidance we have given for 2007," said John W. Somerhalder II, president and CEO of AGL Resources ... AGL Resources operates Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia... (Atlanta Business Chronicle, GA)
What Georgia No. 2 execs get paid Apr 30, 2007
AGL Resources; rank: 19. Percent of CEO pay: 70. (Atlanta Journal-Constitution)
Ga. 100 Stocks Apr 27, 2007
AMERICAN SOFTWARE INC A. CARAUSTAR INDUSTRIES INC. (Atlanta Journal-Constitution)
Disaster guide to be given Apr 18, 2007
The guide is the result of a partnership between emergency response agencies from the two parishes and AGL Resources. Anderson said the guide will be available after Wednesday s event at parish libraries and government offices. (New Iberia, LA)
Dryer is focus Apr 12, 2007
"Florida City Gas, owned by AGL Resources in Atlanta, has about 45,000 customers in Brevard."We're making all of our resources available to the fire department," said Robin Keegan, spokeswoman Florida City Gas. "This is a terrible tragedy. And our sympathy goes out to the victims and the families impacted. (Florida Today)
Delta Announces New Board of Directors Mar 31, 2007
Prior to joining Safeco, she was chairman, president and chief executive officer of AGL Resources. Ms. Rosput Reynolds has been a director of Delta since August 2004. (Primezone Releases)
Atlanta chamber head changes mind, will leave AT&T Mar 30, 2007
John Somerhalder, CEO of AGL Resources who co-chairs the chamber's environmental committee, said Green has done a "remarkable job" working for the business organization. But his leaving will not change the chamber's priorities. (Atlanta Journal-Constitution -- Business)
No cause found Mar 28, 2007
Crowley said the group has monitored AGL Resources operations at the lake and still think the Atlanta-based company s two underground gas-storage caverns there might be a source of the problem. AGL s Jack Holt refutes those claims. (New Iberia, LA)
AGL Resources Inc. Mar 20, 2007
AGL Resources' executive pay reported - Atlanta Business Chronicle ... AGL Resources' executive pay reported. (Atlanta Business Chronicle, GA)
AGL Resources' executive pay reported Mar 20, 2007
Members: Not Registered. for free extra services. (Atlanta Business Chronicle, GA)
Lake Peigneur bubbling persists Mar 18, 2007
Residents have discussed the issue with Louisiana State University geologists, the Department of Natural Resources, the Department of Environmental Quality and AGL Resources, which has a facility that stores natural gas in caverns beneath the lake, to discern what could be causing the bubbling. Thus far, no one knows. (New Iberia, LA)
READERS WRITE Mar 16, 2007
Madden is executive vice president, external affairs, of AGL Resources. Sponsored Links. (Atlanta Journal-Constitution -- Opinion)
Bruce Gordon Resigns From NAACP Mar 12, 2007
He is flanked by Atlanta Branch NAACP President R.L. White (from left), his wife Tawana Tibbs, Merrill Lynch Managing Director Westina Matthews Shatteen, The Coca-Cola Company Senior Vice President Ingrid Saunders Jones, AGL Resources Foundation Retired President Harriette Watkins and Atlanta Life Financial Group President and CEO Ronald D. Brown. The event at the downtown World Trade Club was held to introduce him to Atlanta business and civic leaders. (Atlanta Daily World, GA)
State agency to send divers into Peigneur Feb 28, 2007
AGL Resources and the Department of Environmental Quality have conducted several tests, and some diesel elements were found, but no cause or dangerous chemicals have been located. Crowley and others say the bubbling could be occurring because of two underground storage caverns owned by AGL Resources, which denies the charge. (New Iberia, LA)
Bubbling remains mystery Feb 23, 2007
Some lake residents suspect the problem comes from AGL Resources salt-dome caverns, which are storing natural gas ... Whatever the case, DEQ s and AGL Resources tests results only further gnaw at lake-area resident Nara Crowley, one of several bothered by the state s efforts so far to find the source of the problem. (New Iberia, LA)
Gates Knocks Foundation Out Of Housing Feb 17, 2007
There's something to be said about investing in the housing market when the world's richest man unloads most of his stake in it. A Securities and Exchange Commission filing released Thursday showed that charitable organization, The Bill da Gates Foundation Trust, dumped shares of seven home builders from its portfolio last quarter. (Forbes)
Councilman adds ‘bubbles’ to agenda Feb 15, 2007
Some lake residents are concerned the two salt-dome caverns filled with natural gas and owned by AGL Resources are causing the bubbling. But the company took samples Jan. 11 and though there were traces of a weathered diesel component from the foamy area, AGL Resources Keith Poston said nothing found in preliminary tests lead us to believe our facility is the source of the bubbling. (New Iberia, LA)
Hunting, Hospitality to Attract Jobs to Georgia Feb 7, 2007
Lindsay Thomas, senior vice president, governmental relations, AGL Resources, is the Chair for the 2007 Georgia Quail Hunt. The Georgia Quail Hunt is a collaborative partnership between the Georgia Chamber of Commerce, the Georgia Allies, the Albany Area Chamber of Commerce, and the Southwest Georgia Chamber Council. (PR Newswire)
AGL Resources Reports 2006 Earnings, Initiates 2007 Guidance and Increases Dividend 11 Percent Feb 1, 2007
ATLANTA, Feb. 1 /CNW/ -- AGL Resources Inc. (NYSE: ATG) today reported fiscal 2006 net income of $212 million, or $2 ... AGL Resources expects its 2007 earnings to be in the range of $2 ... To gain more insight to the statements contained herein, the AGL Resources 2006 earnings conference call and webcast, scheduled for Thursday, Feb. 1, at 9 a.m. (ET), can be accessed via the Investor Relations section of the AGL Resources Web site at , or by dialing (877) 433-3881 (in the United States) or... (Canada Newswire)
AGL annual profit increases to $212 million Feb 1, 2007
"The unprecedented warm weather and margin pressure on our utilities during the year was more than offset by the exceptional performance from our wholesale business and our continued strong operating performance of our distribution businesses," said John W. Somerhalder II, president and CEO of AGL Resources. "We continue to focus on the things we do well -- improving our operating efficiency, reducing operating costs and capturing value from market volatility. As a result, we are well positioned... (Atlanta Business Chronicle, GA)
Diesel traces in tests of ‘foamy area’ Jan 20, 2007
There are traces of a weathered diesel component in a water sample taken Jan. 11 from the foamy area that occasionally and mysteriously forms in Lake Peigneur, but AGL Resources Keith Poston said nothing found in preliminary tests lead us to believe our facility is the source of the bubbling. The diesel, or petroleum hydrocarbon, is possibly from some of the trucks and barges still on the bottom of the lake stemming from the 1980 salt-mine collapse and subsequent whirlpool that sucked down... (New Iberia, LA)
Cagle: Voter ID measure is dead Jan 13, 2007
A spokesman for AGL Resources, the parent company of Atlanta Gas Light, has said the utility never tried to inappropriately influence legislation. Whatever is being alleged about the speaker s conduct does not involve our company, Keith Poston, a spokesman for AGL Resources, said in an interview Sunday. (Atlanta Journal-Constitution)
