AGL Resources Reports First Quarter 2006 Earnings May 3, 2006
The decrease was driven by the August 2005 sale of certain Virginia Gas and Saltville Gas Storage assets that were originally acquired with the November 2004 acquisition of the NUI Corporation. Pivotal Jefferson Island Storage EBIT contribution decreased slightly due to lower operating margins resulting from decreased interruptible margin opportunities and slightly higher compressor related operating expenses. (Canada Newswire)
AGL Resources Completes Sale of Saltville Interest, Virginia Gas Pipeline and Virginia Gas Storage to Duke Energy Gas Transmission Aug 11, 2005
AGL Resources acquired these assets, located in Virginia, in November 2004 when it purchased NUI Corporation (NUI). AGL Resources retains the local distribution company that it acquired in the NUI transaction, Virginia Gas Distribution Company, and also retains the name Virginia Gas Company under which this company currently operates. (Yahoo Finance -- Natural Gas Utilities)
AGL Resources Reports First Quarter Earnings and Announces Executed Agreement to Sell Certain NUI Assets Apr 28, 2005
The company's results reflect earnings contributions from the performance of the NUI Corporation (NUI) assets (principally Elizabethtown Gas and Florida City Gas) and Jefferson Island Storage & Hub, all of which were acquired in the fourth quarter 2004 ... AGL Resources acquired these assets, located in Virginia, in November 2004 when it purchased NUI Corporation ... the risk that the businesses of NUI Corporation and/or Pivotal Jefferson Island Storage & Hub, LLC will not be integrated... (Yahoo Finance -- Natural Gas Utilities)
Elizabethtown Gas Seeks to Implement Program to Replace Large-Diameter Elevated Pressure Cast Iron Main Apr 27, 2005
Pursuant to the NJBPU order approving AGL Resources' acquisition of NUI Corporation and its subsidiary Elizabethtown Gas in November 2004, new base rates for Elizabethtown Gas are expected to begin in January 2010. About Elizabethtown Gas. (Yahoo Finance -- Natural Gas Utilities)
NUI Corporation Moves into Planning Phase to Complete Florida ... Dec 17, 2003
NUI Corporation Moves into Planning Phase to Complete Florida Natural Gas Pipeline and Associated Projects, an Advisory from Industrialinfo. NUI Corporation (NYSE:NUI) (Bedminster, New Jersey) is planning to complete its Florida East-West Pipeline project (Business Wire (press release)
NUI Sells Telecom Unit Dec 16, 2003
BEDMINSTER, N.J. -- NUI Corporation (NYSE:NUI) today announced it has reached an agreement to sell its telecom subsidiary, NUI Telecom, Inc., to a management buyout group led by Richard M. Boudria, NUI Telecom's President and Chief Executive Officer, supported by third-party financing. With the sale, NUI exits the telecommunications business (Light Reading)
NUI Corporation Issues Clarification on Sale of Telecom ... Dec 15, 2003
NUI Corporation Issues Clarification on Sale of Telecom Subsidiary. 15, 2003--NUI Corporation (NYSE:NUI) today closed on its agreement to sell its telecom subsidiary, NUI Telecom (Business Wire (press release)
NUI Corporation Exits Telecom Sector with the Sale of Telecom ... Dec 15, 2003
NUI Corporation Exits Telecom Sector with the Sale of Telecom Subsidiary. 15, 2003--NUI Corporation (NYSE:NUI) today announced it has reached an agreement to sell its telecom subsidiary, NUI Telecom, Inc., to a management buyout group led by Richard M. Boudria, NUI Telecom's President and Chief Executive Officer, supported by third-party financing (Business Wire (press release)
NUI Corporation Declares Regular Dividend; Reduces March 2004 ... Nov 25, 2003
NUI Corporation Declares Regular Dividend; Reduces March 2004 Dividend by 47 Percent. 25, 2003--The Board of Directors of NUI Corporation (NYSE:NUI) today declared a quarterly dividend of $0 (Business Wire (press release)
NUI Corporation Announces Closing of $405 Million in Credit ... Nov 24, 2003
NUI Corporation Announces Closing of $405 Million in Credit Facilities; Funds Will Be Used to Refinance Debt and Finance NUI's Operations Through Its Sale Process. 24, 2003--NUI Corporation (NYSE: NUI) today announced that the company and its wholly owned subsidiary, NUI Utilities, Inc., have entered into credit facilities aggregating $405 million (Business Wire (press release)
NUI Corporation Announces Investigation of Certain Transactions ... Nov 19, 2003
NUI Corporation Announces Investigation of Certain Transactions at Subsidiary; Company Pledges Full Cooperation. 19, 2003--NUI Corporation (NYSE: NUI) announced today that in connection with the focused audit of NUI Corporation and NUI Utilities, Inc., initiated by the New Jersey Board of Public Utilities (NJBPU) in March of 2003, certain questionable transactions within NUI Energy Brokers, the company's wholesale energy trading subsidiary, were identified (Business Wire (press release)
NUI Corporation Reports Fiscal Year 2003 Results Nov 12, 2003
12, 2003--NUI Corporation (NYSE:NUI) today reported fiscal 2003 earnings per share from continuing operations of $0. Income from continuing operations was $12 (Business Wire (press release)
NUI Corporation Announces Plans to Complete East-West Pipeline ... Oct 14, 2003
NUI Corporation Announces Plans to Complete East-West Pipeline and Connect to South-Florida Storage Field. 14, 2003--NUI Corporation (NYSE: NUI) today announced it has taken two important steps in its plan to complete a natural gas pipeline intended to cross the state of Florida (Business Wire (press release)
TEXT-Moody's cuts NUI Corporation's snr unsec rtg to B3 Oct 6, 2003
MOODY'S LOWERS THE DEBT RATINGS OF NUI UTILITIES, INC. TO Ba3 FROM Ba1 (SR. UNS.) AND THAT OF NUI CORP. TO B3 FROM B1 (SR. UNS.). OUTLOOK IS DEVELOPING APPROXIMATELY $250MM OF NUI UTILITIES DEBT AND $60 mm OF NUI CORP. DEBT ARE AFFECTED (Forbes)
