LG 50.90 Laclede Group $LG Hit a 52 week high of 5
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LG Recent Posts: http://investorshangout.com/Laclede-Group-LG-51676/
LG Laclede Group Recent Headline News
Rising Natural Gas Wholesale Prices to Impact MGE Customers
PR Newswire - Thu Oct 30, 3:01PM CDT
Wholesale natural gas prices are increasing and this will mean higher natural gas prices for Missouri Gas Energy (MGE) customers. The Missouri Public Service Commission has approved a request from MGE to increase the cost of gas rate for customers to $0.685 per hundred cubic feet of natural gas effective November 1. There is no markup on the cost of natural gas for our customers. The change reflects an increase in the prices charged by MGE's wholesale natural gas and pipeline transportation suppliers during the past year. Compared to current rates, this would mean an increase of about $4.25 per month or six percent of the overall bill for a typical residential customer. Weather and other factors that affect customer usage, however, may also impact the customer's bill.
LG: 50.90 (+0.13)
The Laclede Group to Present at Bank of America Merrill Lynch 2014 Power & Gas Leaders Conference
PR Newswire - Mon Sep 15, 7:24AM CDT
Steven P. Rasche, executive vice president and chief financial officer of The Laclede Group, Inc. (NYSE: LG) will present and participate on a panel on Tuesday, September 16, 2014, at the Bank of America Merrill Lynch 2014 Power & Gas Leaders Conference being held at the Four Seasons Hotel Boston. The presentation is scheduled to begin at 9:30 a.m. ET.
LG: 50.90 (+0.13)
Energen Sells Alabama Gas to Laclede Group to Target E&P - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 03, 2:50PM CDT
Energen Corporation (EGN) has divested 100% stake of Alabama Gas Corporation to The Laclede Group, Inc. (LG).
WPX: 19.01 (-0.11), EGN: 65.67 (-2.03), LG: 50.90 (+0.13), SXL: 47.19 (-0.54)
The Laclede Group buys Alabama Gas, expanding its footprint of regulated gas utilities into Alabama
M2 - Wed Sep 03, 4:27AM CDT
Natural gas company The Laclede Group (NYSE:LG) revealed on Tuesday the completion of the acquisition of 100% of the equity of Alabama Gas (Alagasco) from Energen (NYSE:EGN).
EGN: 65.67 (-2.03), LG: 50.90 (+0.13)
Enable Midstream Announces Extension of Natural Gas Transportation and Storage Agreements
Business Wire - Tue Sep 02, 3:24PM CDT
Enable Midstream Partners, LP (NYSE:ENBL) today announced that its Enable Mississippi River Transmission, LLC (MRT) subsidiary has extended natural gas transportation and storage service agreements with its largest customer, St. Louis-based Laclede Gas Company, at existing contract demand levels through 2017 and 2018.
ENBL: 23.84 (-0.32), LG: 50.90 (+0.13)
The Laclede Group Acquires Alabama Gas Corporation
PR Newswire - Tue Sep 02, 8:07AM CDT
The Laclede Group, Inc. (NYSE: LG) ("Laclede" has completed its purchase of 100 percent of the equity of Alabama Gas Corporation (Alagasco) from Energen Corporation (NYSE: EGN) effective August 31, 2014. The purchase price included the assumption of $250 million of Alagasco long-term debt and cash consideration of approximately $1.35 billion, subject to typical adjustments for working capital and short-term borrowing at closing. The cash consideration was raised in separate debt and equity offerings completed in the last three months.
EGN: 65.67 (-2.03), LG: 50.90 (+0.13)
Laclede Group Boosted Dividend Even In Tough Times
at Investor's Business Daily - Wed Aug 20, 4:58PM CDT
Many companies cut or suspended dividends during the 2008-09 recession to survive the worst slump since the Great Depression. But Missouri-based gas utility Laclede Group (LG) refused to cave in. It's paid a dividend every year since 1946. The latest...
LG: 50.90 (+0.13)
The Laclede Group prices public offering of USD625m debt securities
M2 - Wed Aug 13, 7:32AM CDT
Natural gas company The Laclede Group (NYSE:LG) said on Tuesday that it has priced its public offering of an aggregate principal amount of USD625m of debt securities.
LG: 50.90 (+0.13)
The Laclede Group Prices $625 Million Debt Offering
PR Newswire - Tue Aug 12, 3:14PM CDT
The Laclede Group, Inc. ("Laclede" (NYSE: LG) today announced that it has priced a registered underwritten public offering of an aggregate principal amount of $625 million of debt securities. The offering includes three series of senior unsecured notes: $250 million of Floating Rate Senior Notes due 2017, $125 million of 2.55% Senior Notes due 2019, and $250 million of 4.70% Senior Notes due 2044.
LG: 50.90 (+0.13)
Fitch Affirms The Laclede Group, Inc. & Laclede Gas Co. at 'BBB+'; Assigns Stable Outlook
Business Wire - Fri Aug 08, 10:53AM CDT
Fitch Ratings has affirmed the Issuer Default Ratings (IDR) of the Laclede Group, Inc. (LG) at 'BBB+'. With this rating action Fitch has removed LG from Rating Watch Negative where it was placed on April 7, 2014 and assigned a Stable Outlook. Fitch has also affirmed the 'BBB+' IDR of Laclede Gas Company (LGC) with a Stable Outlook.
EGN: 65.67 (-2.03), LG: 50.90 (+0.13)
The Laclede Group Reports Third Quarter Results
PR Newswire - Thu Aug 07, 7:00AM CDT
The Laclede Group, Inc. (NYSE: LG) ("Company" or "Laclede" today reported operating results for the quarter ended June 30, 2014, the third quarter of its fiscal year 2014. Highlights include:
LG: 50.90 (+0.13)
Can The Laclede Group (LG) Surprise This Earnings Season? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Aug 06, 4:10PM CDT
Gas utility The Laclede Group Inc. (LG) is set to release its third quarter fiscal 2014 results before the opening bell on Thursday, Aug 7.
EGN: 65.67 (-2.03), CPG: 32.13 (-0.90), ED: 63.60 (+0.24), LG: 50.90 (+0.13)
The Laclede Group Elects Maria Fogarty to Its Board of Directors
PR Newswire - Fri Aug 01, 8:41AM CDT
Today The Laclede Group, Inc.'s (NYSE: LG) board of directors voted to increase the size of the board from nine to 10, and elected energy industry veteran Maria Fogarty as its newest member effective August 1, 2014.
NEE: 100.81 (+0.59), LG: 50.90 (+0.13)
The Laclede Group Declares Dividend
PR Newswire - Thu Jul 31, 12:55PM CDT
The board of directors of The Laclede Group, Inc. (NYSE: LG) today declared a quarterly common stock dividend of $0.44 per share, payable October 2, 2014, to shareholders of record on September 11, 2014.
LG: 50.90 (+0.13)
AGL Resources Q2 Earnings Miss as Expenses Rise, Guides Same - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 30, 1:05PM CDT
AGL Resources Inc. (GAS) reported lower-than-expected second-quarter 2014 earnings, primarily due to higher operating expenses.
WGL: 47.23 (+0.23), PNY: 37.80 (-0.21), GAS: 54.00 (+0.09), LG: 50.90 (+0.13)
The Laclede Group passes APSC's regulatory approval to acquire Alabama Gas
M2 - Wed Jul 23, 3:39AM CDT
Natural gas company The Laclede Group (NYSE:LG) reported on Tuesday the receipt of approval for the acquisition of Alabama Gas (Alagasco) from Energen (EGN).
EGN: 65.67 (-2.03), LG: 50.90 (+0.13)
The Laclede Group Receives Regulatory Approval to Acquire Alabama Gas Corporation
PR Newswire - Tue Jul 22, 11:10AM CDT
The Alabama Public Service Commission (APSC) today unanimously voted to approve the acquisition of Alabama Gas Corporation (Alagasco) by The Laclede Group, Inc. (NYSE: LG), from Energen Corporation (NYSE: EGN). Laclede and Energen jointly filed a request for approval with the APSC on April 14. The APSC held a public hearing on the matter which concluded on July 1.
EGN: 65.67 (-2.03), LG: 50.90 (+0.13)
Gas Natural (EGAS) Jumps: Stock Rises 6.7% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Jul 21, 8:04AM CDT
Gas Natural Inc. (EGAS) was a big mover last session, as the company saw its shares rise nearly 7% on the day.
WGL: 47.23 (+0.23), EGAS: 11.35 (unch), GAS: 54.00 (+0.09), LG: 50.90 (+0.13)
The Laclede Group to Host Earnings Conference Call on August 7
PR Newswire - Tue Jul 08, 1:20PM CDT
The Laclede Group, Inc. (NYSE: LG) will host a conference call and webcast on Thursday, August 7 to discuss its fiscal 2014 third quarter financial results. The Company will issue its earnings news release before the market opens that day. At that time, a copy of the release will be available on www.TheLacledeGroup.com under the News Releases tab.
LG: 50.90 (+0.13)
Upgrade Alert for Laclede (LG)
Comtex SmarTrend(R) - Tue Jun 17, 7:00AM CDT
Laclede (NYSE:LG) was upgraded from Neutral to Long-Term Buy at Hilliard Lyons today. The stock closed yesterday at $47.59 on volume of 477,000 shares, below average daily volume of 545,000. Over the past year, Laclede has traded in a range of $42.84 to $48.00 and closed yesterday at $47.57, 11% above that low. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.
LG: 50.90 (+0.13)