WGL 47.66 WGL Holdings Inc $WGL Hit a 52 week high of 47.91 Currently at 47.66 -0.23 -0.48% With a day low of 47.66 and a total volume of 2,997.
WGL WGL Holdings Inc Recent Headline News
Washington Gas Energy Systems and Waconia Public Schools Celebrate Completion of Solar Project
Business Wire - Wed Nov 05, 4:37PM CST
Washington Gas Energy Systems, Inc., a subsidiary of WGL (NYSE: WGL) today announced the completion of a 40-kilowatt (KW) solar array that will produce renewable energy for Waconia High School. A ribbon cutting ceremony was held on Monday to celebrate the completion of the project, one of 13 solar arrays being completed in partnership with New Energy Equity, Innovative Power Systems, tenKsolar, and ICS Consulting.
WGL: 47.90 (+0.01)
Bracing For Both Bull And Bear
Dividend Sleuth - at Seeking Alpha - Mon Nov 03, 6:58PM CST
WGL: 47.90 (+0.01), KMI: 38.52 (+0.02), MMM: 157.00 (-0.66), HTGC: 16.04 (-0.06), MAIN: 32.14 (-0.11), TCAP: 22.56 (-0.07), GPC: 99.39 (-0.20), SYY: 38.44 (-0.21), O: 46.91 (-0.19), WEC: 49.63 (-0.13), PEP: 96.76 (-0.21), HASI: 13.65 (-0.11), T: 35.05 (-0.07), JNJ: 108.75 (-0.07), NWN: 47.43 (-0.17), LNCO: 20.82 (-0.61), DE: 88.44 (-0.10), HCP: 43.36 (-0.11), ETN: 68.37 (-1.01), EMR: 64.47 (-0.64), NNN: 38.30 (-0.63), TUP: 64.99 (+0.47), STWD: 23.09 (+0.05), WPC: 67.07 (-0.10), MCD: 95.07 (-0.04), PG: 89.67 (+0.22), CVX: 118.29 (+0.37)
Downgrade Alert for WGL Holdings (WGL)
Comtex SmarTrend(R) - Fri Oct 31, 7:07AM CDT
WGL Holdings (NYSE:WGL) was downgraded from Buy to Hold at Brean Capital today. The stock closed yesterday at $47.30 on volume of 211,000 shares, below average daily volume of 342,000. WGL Holdings (NYSE:WGL) is currently priced 9.6% above its average consensus analyst price target of $42.75. The stock should discover initial support at its 50-day moving average (MA) of $43.75 and subsequent support at its 200-day MA of $40.78.
WGL: 47.90 (+0.01)
Questar Beats Q3 Earnings Estimates, Ups 2014 Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 30, 12:30PM CDT
Questar Corporation (STR) reported adjusted third-quarter earnings of 22 cents per share, beating the Zacks Consensus Estimate by 4 cents.
WGL: 47.90 (+0.01), STR: 24.27 (-0.15), IDA: 62.80 (-0.30), SO: 47.53 (-0.06)
Washington Gas Expects Winter Heating Bills to Decrease and Encourages Customers to Prepare for Heating Season
Business Wire - Wed Oct 29, 4:00PM CDT
Washington Gas announced today that its customers could expect their upcoming winter heating bills to be lower than those from last year's winter heating season. Last year's weather was significantly colder than normal, resulting in higher gas prices. Customer bills for the upcoming winter heating season are expected to be 10-20 percent lower than last year. Prices may vary if colder-than-expected temperatures result in an increased demand for natural gas.
WGL: 47.90 (+0.01)
Cabot Oil & Gas Focuses on Growth Amid Tough Business Conditions
at The Street - Wed Oct 29, 1:39PM CDT
The company missed analysts' earnings estimates for the third quarter but there are two good things underpinning its future.
WGL: 47.90 (+0.01), PNY: 37.74 (-0.24), COG: 33.59 (+0.39), CHK: 23.38 (+0.48), WMB: 55.09 (+0.38), CRZO: 51.48 (+0.76), APC: 92.82 (+0.48)
How Did High-Yield Dividend Champions Do During The Great Recession? Part 2
Robert Mattei - at Seeking Alpha - Wed Oct 29, 1:34PM CDT
WGL: 47.90 (+0.01), GE: 26.31 (-0.16), HSY: 96.40 (-0.18), MGEE: 46.18 (+0.25), ED: 63.34 (-0.13), MTB: 124.62 (-0.04), CB: 101.44 (-0.43), USBI: 8.65 (-0.01), BOH: 59.75 (-0.20), T: 35.05 (-0.07), CINF: 51.07 (-0.36), MYE: 15.71 (+0.05), VVC: 45.77 (+0.17), AVY: 47.92 (-0.12), TEG: 72.40 (-0.25), CBSH: 46.01 (-0.02), ORI: 14.89 (-0.17), STT: 77.75 (-0.37), PBI: 24.77 (-0.14), SVU: 8.65 (-0.05), PFE: 30.26 (+0.06), LEG: 41.25 (+0.42), FRT: 134.20 (-0.52), LLY: 68.02 (-0.33), EV: 41.93 (-1.03), MAS: 23.27 (+0.09), LZB: 23.45 (+0.02), RLI: 49.10 (-0.33), PEBO: 25.79 (+0.12), GCI: 30.84 (+0.08), TFX: 114.28 (+0.15), AFL: 58.96 (-0.10), CTL: 39.92 (+0.08), OTTR: 31.23 (-0.01), JCI: 49.57 (+0.40)
Washington Gas Energy Systems and Cogenra Solar Complete Innovative Solar Project for Tucson Electric Power
Business Wire - Wed Oct 29, 7:02AM CDT
Washington Gas Energy Systems, Inc., a subsidiary of WGL (NYSE: WGL) today announced the completion of a one megawatt (MW) Cogenra Solar array that will produce renewable energy for Tucson Electric Power (TEP). The array at the Solar Zone, located at the University of Arizona's UA Tech Park, consists of ground-mounted Cogenra T14 systems using Cogenra's Dense Cell Interconnect (DCI) technology, which recently set three world records for peak power output. A ribbon cutting ceremony will be held to celebrate the completion of the solar array, the final project in the first phase of the UA Tech Park Solar Zone.
WGL: 47.90 (+0.01), UNS: 60.59 (-0.01)
Conergy Completes Solar Installation in Sacramento, Integrating Recreation and Wattage
PR Newswire - Mon Oct 27, 12:30PM CDT
Good news for residents of Sacramento. Conergy, one of the world's largest downstream solar companies, recently completed a 1.5 megawatt solar installation on Sutter's Landing Park, a regional recreation area in Sacramento, Calif. The solar installation will produce approximately 2,300 megawatts hours of solar energy annually for the Sacramento Municipal Utility District (SMUD), which will be used for residential and commercial business consumption.
WGL: 47.90 (+0.01)
Why WGL Holdings (WGL) is Such a Great Value Stock Pick Right Now - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Oct 27, 7:41AM CDT
WGL Holdings may be an interesting play thanks to its forward PE of 17.5, its P/S ratio of 0.87, and its decent dividend yield of 3.8%
WGL: 47.90 (+0.01)
Constitution Pipeline Receives Federal Energy Regulatory Commission's Final Environmental Review
Business Wire - Fri Oct 24, 1:02PM CDT
Constitution Pipeline Company, LLC reported a key regulatory milestone toward approval to construct its proposed pipeline on a schedule that targets increasing natural gas supply to New York and New England markets in time for the winter 2015-16 heating season.
WGL: 47.90 (+0.01), PNY: 37.74 (-0.24), COG: 33.59 (+0.39), WPZ: 51.84 (-0.50)
How Top 5-Star Dividend Dogs Earned Their Stars
Fredrik Arnold - at Seeking Alpha - Fri Oct 24, 12:19PM CDT
WGL: 47.90 (+0.01), KO: 42.48 (+0.09), SAFT: 60.35 (+0.13), WR: 39.36 (+0.15), HCN: 70.89 (-0.25), MGEE: 46.18 (+0.25), UHT: 48.27 (-0.52), DLR: 68.46 (-0.15), ED: 63.34 (-0.13), GAS: 53.20 (-1.11), SYY: 38.44 (-0.21), NNN: 38.30 (-0.63), IRM: 37.75 (+0.11), LEG: 41.25 (+0.42), KMP: 94.40 (+0.05), FRT: 134.20 (-0.52), MO: 49.29 (-0.58), PEP: 96.76 (-0.21), DFT: 31.33 (+0.22), VVC: 45.77 (+0.17), PPL: 36.53 (-0.25), PLOW: 22.91 (-0.43), PG: 89.67 (+0.22), CWT: 25.48 (-0.15), VGR: 21.91 (-0.19)
WGL Holdings, Inc. to Webcast Fourth Quarter Fiscal Year 2014 Earnings Conference Call
Business Wire - Thu Oct 23, 4:00PM CDT
WGL Holdings, Inc. (NYSE: WGL) today announced that it will hold a live Internet webcast of its fourth quarter fiscal year 2014 earnings conference call at 10:30 a.m. Eastern time Thursday, November 13, 2014. Terry D. McCallister, Chairman and Chief Executive Officer; Adrian P. Chapman, President and Chief Operating Officer, and Vincent L. Ammann, Jr., Senior Vice President and Chief Financial Officer, will discuss the company's fourth quarter financial results for fiscal year 2014 and its financial outlook.
WGL: 47.90 (+0.01)
Fitch Rates WGL's $250MM Issuance of Senior Unsecured Notes 'A'; Outlook Stable
Business Wire - Wed Oct 22, 3:36PM CDT
Fitch Ratings has assigned an 'A' rating to WGL Holdings, Inc.'s (IDR: 'A'
planned issuance of $250 million of senior unsecured notes. The issuance consists of $150 million of 30-year notes due 2044 and $100 million of five-year notes due 2019. Net proceeds will be used to pay down short-term borrowings and for general corporate purposes including working capital requirements, and to fund planned share repurchases and capital expenditures. The Rating Outlook is Stable.
WGL: 47.90 (+0.01)
Washington Gas Energy Services and Sterling Planet Present More Than $11,000 to Pennsylvania Environmental Council at Abington Friends School Tree Planting
Business Wire - Sat Oct 18, 8:00AM CDT
Washington Gas Energy Services, Inc. (WGES), Sterling Planet and the Pennsylvania Environmental Council (PEC) will celebrate their partnership at the first Pennsylvania tree planting event held today at the Abington Friends School. Students, community members and WGES employees will plant more than 300 native trees and shrubs on the banks of Jenkintown Creek, and a contribution to the PA Carbon Reduction Fund will be presented, with $9,125 donated by WGES and $2,500 by Sterling Planet.
WGL: 47.90 (+0.01)
Dynamic Energy Completes 2MW Solar Project at Skidmore College
PRWeb - Fri Oct 17, 2:14AM CDT
Dynamic Energy Solutions, LLC is pleased to announce the completion of a 2 megawatt (MW) solar photovoltaic (PV) project at Skidmore College in Saratoga Springs, N.Y. The system is one of the largest ground-mounted solar arrays in New York State.
WGL: 47.90 (+0.01)
Questar (STR) Unit Opens Third CNG Fueling Station in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 15, 1:10PM CDT
Questar Fueling Company, an affiliate of Questar Corporation (STR), has announced the opening of a compressed natural gas (CNG) fueling station in Dallas, TX.
WGL: 47.90 (+0.01), STR: 24.27 (-0.15), GAS: 53.20 (-1.11), ATO: 54.23 (-0.07)
Fitch Downgrades WGL Holdings, Inc.'s IDR to 'A'; WG Affirmed at 'A+'; Outlooks Stable
Business Wire - Wed Oct 15, 12:58PM CDT
Fitch Ratings has downgraded the Issuer Default Rating (IDR) and senior unsecured debt rating of WGL Holdings, Inc. (WGL) to 'A' from 'A+' and affirmed the IDR of Washington Gas Light Co. (WG), its primary utility subsidiary at 'A+'. The Rating Outlook for both companies is Stable. The downgrade reflects a change in financial strategy at WGL, including the planned issuance of parent level debt and a planned share repurchase program, and growing investments in natural gas pipelines and alternative energy projects. Going forward, Fitch expects investments associated with WGL's non-regulated business will be at least partially financed with parent level debt which results in greater leverage than previously anticipated.
WGL: 47.90 (+0.01)
WGL and Washington Gas Chairman and Chief Executive Officer Elected Chairman of American Gas Association
Business Wire - Tue Oct 07, 3:30PM CDT
WGL Holdings, Inc. (NYSE: WGL) and Washington Gas announce that its Chairman and Chief Executive Officer Terry D. McCallister is the newly elected Chairman of the American Gas Association (AGA) Board of Directors for 2015. The AGA represents more than 200 local energy companies that deliver natural gas throughout the United States.
WGL: 47.90 (+0.01)
Washington Gas Energy Systems Announces Completion of Solar Array at Skidmore College
Business Wire - Tue Oct 07, 7:01AM CDT
Washington Gas Energy Systems, Inc. and Skidmore College today announced the completion of a solar project that will generate renewable energy in Saratoga Springs, N.Y. The college will hold a ribbon cutting ceremony today to celebrate the completion of 2,085-kilowatt solar array. Attendees at today's event include U.S. Rep. Paul Tonko; John B. Rhodes, President and CEO, New York State Energy Research and Development Authority (NYSERDA); local officials from Saratoga Springs and Greenfield, N.Y.; members of the Skidmore College community and representatives from Washington Gas Energy Systems and Dynamic Energy.
WGL: 47.90 (+0.01)
WGL WGL Holdings Inc Recent Headline News
Washington Gas Energy Systems and Waconia Public Schools Celebrate Completion of Solar Project
Business Wire - Wed Nov 05, 4:37PM CST
Washington Gas Energy Systems, Inc., a subsidiary of WGL (NYSE: WGL) today announced the completion of a 40-kilowatt (KW) solar array that will produce renewable energy for Waconia High School. A ribbon cutting ceremony was held on Monday to celebrate the completion of the project, one of 13 solar arrays being completed in partnership with New Energy Equity, Innovative Power Systems, tenKsolar, and ICS Consulting.
WGL: 47.90 (+0.01)
Bracing For Both Bull And Bear
Dividend Sleuth - at Seeking Alpha - Mon Nov 03, 6:58PM CST
WGL: 47.90 (+0.01), KMI: 38.52 (+0.02), MMM: 157.00 (-0.66), HTGC: 16.04 (-0.06), MAIN: 32.14 (-0.11), TCAP: 22.56 (-0.07), GPC: 99.39 (-0.20), SYY: 38.44 (-0.21), O: 46.91 (-0.19), WEC: 49.63 (-0.13), PEP: 96.76 (-0.21), HASI: 13.65 (-0.11), T: 35.05 (-0.07), JNJ: 108.75 (-0.07), NWN: 47.43 (-0.17), LNCO: 20.82 (-0.61), DE: 88.44 (-0.10), HCP: 43.36 (-0.11), ETN: 68.37 (-1.01), EMR: 64.47 (-0.64), NNN: 38.30 (-0.63), TUP: 64.99 (+0.47), STWD: 23.09 (+0.05), WPC: 67.07 (-0.10), MCD: 95.07 (-0.04), PG: 89.67 (+0.22), CVX: 118.29 (+0.37)
Downgrade Alert for WGL Holdings (WGL)
Comtex SmarTrend(R) - Fri Oct 31, 7:07AM CDT
WGL Holdings (NYSE:WGL) was downgraded from Buy to Hold at Brean Capital today. The stock closed yesterday at $47.30 on volume of 211,000 shares, below average daily volume of 342,000. WGL Holdings (NYSE:WGL) is currently priced 9.6% above its average consensus analyst price target of $42.75. The stock should discover initial support at its 50-day moving average (MA) of $43.75 and subsequent support at its 200-day MA of $40.78.
WGL: 47.90 (+0.01)
Questar Beats Q3 Earnings Estimates, Ups 2014 Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 30, 12:30PM CDT
Questar Corporation (STR) reported adjusted third-quarter earnings of 22 cents per share, beating the Zacks Consensus Estimate by 4 cents.
WGL: 47.90 (+0.01), STR: 24.27 (-0.15), IDA: 62.80 (-0.30), SO: 47.53 (-0.06)
Washington Gas Expects Winter Heating Bills to Decrease and Encourages Customers to Prepare for Heating Season
Business Wire - Wed Oct 29, 4:00PM CDT
Washington Gas announced today that its customers could expect their upcoming winter heating bills to be lower than those from last year's winter heating season. Last year's weather was significantly colder than normal, resulting in higher gas prices. Customer bills for the upcoming winter heating season are expected to be 10-20 percent lower than last year. Prices may vary if colder-than-expected temperatures result in an increased demand for natural gas.
WGL: 47.90 (+0.01)
Cabot Oil & Gas Focuses on Growth Amid Tough Business Conditions
at The Street - Wed Oct 29, 1:39PM CDT
The company missed analysts' earnings estimates for the third quarter but there are two good things underpinning its future.
WGL: 47.90 (+0.01), PNY: 37.74 (-0.24), COG: 33.59 (+0.39), CHK: 23.38 (+0.48), WMB: 55.09 (+0.38), CRZO: 51.48 (+0.76), APC: 92.82 (+0.48)
How Did High-Yield Dividend Champions Do During The Great Recession? Part 2
Robert Mattei - at Seeking Alpha - Wed Oct 29, 1:34PM CDT
WGL: 47.90 (+0.01), GE: 26.31 (-0.16), HSY: 96.40 (-0.18), MGEE: 46.18 (+0.25), ED: 63.34 (-0.13), MTB: 124.62 (-0.04), CB: 101.44 (-0.43), USBI: 8.65 (-0.01), BOH: 59.75 (-0.20), T: 35.05 (-0.07), CINF: 51.07 (-0.36), MYE: 15.71 (+0.05), VVC: 45.77 (+0.17), AVY: 47.92 (-0.12), TEG: 72.40 (-0.25), CBSH: 46.01 (-0.02), ORI: 14.89 (-0.17), STT: 77.75 (-0.37), PBI: 24.77 (-0.14), SVU: 8.65 (-0.05), PFE: 30.26 (+0.06), LEG: 41.25 (+0.42), FRT: 134.20 (-0.52), LLY: 68.02 (-0.33), EV: 41.93 (-1.03), MAS: 23.27 (+0.09), LZB: 23.45 (+0.02), RLI: 49.10 (-0.33), PEBO: 25.79 (+0.12), GCI: 30.84 (+0.08), TFX: 114.28 (+0.15), AFL: 58.96 (-0.10), CTL: 39.92 (+0.08), OTTR: 31.23 (-0.01), JCI: 49.57 (+0.40)
Washington Gas Energy Systems and Cogenra Solar Complete Innovative Solar Project for Tucson Electric Power
Business Wire - Wed Oct 29, 7:02AM CDT
Washington Gas Energy Systems, Inc., a subsidiary of WGL (NYSE: WGL) today announced the completion of a one megawatt (MW) Cogenra Solar array that will produce renewable energy for Tucson Electric Power (TEP). The array at the Solar Zone, located at the University of Arizona's UA Tech Park, consists of ground-mounted Cogenra T14 systems using Cogenra's Dense Cell Interconnect (DCI) technology, which recently set three world records for peak power output. A ribbon cutting ceremony will be held to celebrate the completion of the solar array, the final project in the first phase of the UA Tech Park Solar Zone.
WGL: 47.90 (+0.01), UNS: 60.59 (-0.01)
Conergy Completes Solar Installation in Sacramento, Integrating Recreation and Wattage
PR Newswire - Mon Oct 27, 12:30PM CDT
Good news for residents of Sacramento. Conergy, one of the world's largest downstream solar companies, recently completed a 1.5 megawatt solar installation on Sutter's Landing Park, a regional recreation area in Sacramento, Calif. The solar installation will produce approximately 2,300 megawatts hours of solar energy annually for the Sacramento Municipal Utility District (SMUD), which will be used for residential and commercial business consumption.
WGL: 47.90 (+0.01)
Why WGL Holdings (WGL) is Such a Great Value Stock Pick Right Now - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Oct 27, 7:41AM CDT
WGL Holdings may be an interesting play thanks to its forward PE of 17.5, its P/S ratio of 0.87, and its decent dividend yield of 3.8%
WGL: 47.90 (+0.01)
Constitution Pipeline Receives Federal Energy Regulatory Commission's Final Environmental Review
Business Wire - Fri Oct 24, 1:02PM CDT
Constitution Pipeline Company, LLC reported a key regulatory milestone toward approval to construct its proposed pipeline on a schedule that targets increasing natural gas supply to New York and New England markets in time for the winter 2015-16 heating season.
WGL: 47.90 (+0.01), PNY: 37.74 (-0.24), COG: 33.59 (+0.39), WPZ: 51.84 (-0.50)
How Top 5-Star Dividend Dogs Earned Their Stars
Fredrik Arnold - at Seeking Alpha - Fri Oct 24, 12:19PM CDT
WGL: 47.90 (+0.01), KO: 42.48 (+0.09), SAFT: 60.35 (+0.13), WR: 39.36 (+0.15), HCN: 70.89 (-0.25), MGEE: 46.18 (+0.25), UHT: 48.27 (-0.52), DLR: 68.46 (-0.15), ED: 63.34 (-0.13), GAS: 53.20 (-1.11), SYY: 38.44 (-0.21), NNN: 38.30 (-0.63), IRM: 37.75 (+0.11), LEG: 41.25 (+0.42), KMP: 94.40 (+0.05), FRT: 134.20 (-0.52), MO: 49.29 (-0.58), PEP: 96.76 (-0.21), DFT: 31.33 (+0.22), VVC: 45.77 (+0.17), PPL: 36.53 (-0.25), PLOW: 22.91 (-0.43), PG: 89.67 (+0.22), CWT: 25.48 (-0.15), VGR: 21.91 (-0.19)
WGL Holdings, Inc. to Webcast Fourth Quarter Fiscal Year 2014 Earnings Conference Call
Business Wire - Thu Oct 23, 4:00PM CDT
WGL Holdings, Inc. (NYSE: WGL) today announced that it will hold a live Internet webcast of its fourth quarter fiscal year 2014 earnings conference call at 10:30 a.m. Eastern time Thursday, November 13, 2014. Terry D. McCallister, Chairman and Chief Executive Officer; Adrian P. Chapman, President and Chief Operating Officer, and Vincent L. Ammann, Jr., Senior Vice President and Chief Financial Officer, will discuss the company's fourth quarter financial results for fiscal year 2014 and its financial outlook.
WGL: 47.90 (+0.01)
Fitch Rates WGL's $250MM Issuance of Senior Unsecured Notes 'A'; Outlook Stable
Business Wire - Wed Oct 22, 3:36PM CDT
Fitch Ratings has assigned an 'A' rating to WGL Holdings, Inc.'s (IDR: 'A'
planned issuance of $250 million of senior unsecured notes. The issuance consists of $150 million of 30-year notes due 2044 and $100 million of five-year notes due 2019. Net proceeds will be used to pay down short-term borrowings and for general corporate purposes including working capital requirements, and to fund planned share repurchases and capital expenditures. The Rating Outlook is Stable. WGL: 47.90 (+0.01)
Washington Gas Energy Services and Sterling Planet Present More Than $11,000 to Pennsylvania Environmental Council at Abington Friends School Tree Planting
Business Wire - Sat Oct 18, 8:00AM CDT
Washington Gas Energy Services, Inc. (WGES), Sterling Planet and the Pennsylvania Environmental Council (PEC) will celebrate their partnership at the first Pennsylvania tree planting event held today at the Abington Friends School. Students, community members and WGES employees will plant more than 300 native trees and shrubs on the banks of Jenkintown Creek, and a contribution to the PA Carbon Reduction Fund will be presented, with $9,125 donated by WGES and $2,500 by Sterling Planet.
WGL: 47.90 (+0.01)
Dynamic Energy Completes 2MW Solar Project at Skidmore College
PRWeb - Fri Oct 17, 2:14AM CDT
Dynamic Energy Solutions, LLC is pleased to announce the completion of a 2 megawatt (MW) solar photovoltaic (PV) project at Skidmore College in Saratoga Springs, N.Y. The system is one of the largest ground-mounted solar arrays in New York State.
WGL: 47.90 (+0.01)
Questar (STR) Unit Opens Third CNG Fueling Station in Texas - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 15, 1:10PM CDT
Questar Fueling Company, an affiliate of Questar Corporation (STR), has announced the opening of a compressed natural gas (CNG) fueling station in Dallas, TX.
WGL: 47.90 (+0.01), STR: 24.27 (-0.15), GAS: 53.20 (-1.11), ATO: 54.23 (-0.07)
Fitch Downgrades WGL Holdings, Inc.'s IDR to 'A'; WG Affirmed at 'A+'; Outlooks Stable
Business Wire - Wed Oct 15, 12:58PM CDT
Fitch Ratings has downgraded the Issuer Default Rating (IDR) and senior unsecured debt rating of WGL Holdings, Inc. (WGL) to 'A' from 'A+' and affirmed the IDR of Washington Gas Light Co. (WG), its primary utility subsidiary at 'A+'. The Rating Outlook for both companies is Stable. The downgrade reflects a change in financial strategy at WGL, including the planned issuance of parent level debt and a planned share repurchase program, and growing investments in natural gas pipelines and alternative energy projects. Going forward, Fitch expects investments associated with WGL's non-regulated business will be at least partially financed with parent level debt which results in greater leverage than previously anticipated.
WGL: 47.90 (+0.01)
WGL and Washington Gas Chairman and Chief Executive Officer Elected Chairman of American Gas Association
Business Wire - Tue Oct 07, 3:30PM CDT
WGL Holdings, Inc. (NYSE: WGL) and Washington Gas announce that its Chairman and Chief Executive Officer Terry D. McCallister is the newly elected Chairman of the American Gas Association (AGA) Board of Directors for 2015. The AGA represents more than 200 local energy companies that deliver natural gas throughout the United States.
WGL: 47.90 (+0.01)
Washington Gas Energy Systems Announces Completion of Solar Array at Skidmore College
Business Wire - Tue Oct 07, 7:01AM CDT
Washington Gas Energy Systems, Inc. and Skidmore College today announced the completion of a solar project that will generate renewable energy in Saratoga Springs, N.Y. The college will hold a ribbon cutting ceremony today to celebrate the completion of 2,085-kilowatt solar array. Attendees at today's event include U.S. Rep. Paul Tonko; John B. Rhodes, President and CEO, New York State Energy Research and Development Authority (NYSERDA); local officials from Saratoga Springs and Greenfield, N.Y.; members of the Skidmore College community and representatives from Washington Gas Energy Systems and Dynamic Energy.
WGL: 47.90 (+0.01)
