wgl holdings inc (WGL) Key Developments
WGL Holdings Inc., Board Meeting, Mar 03, 2015
Mar 6 15
WGL Holdings Inc., Board Meeting, Mar 03, 2015. Agenda: To elect Stephen C. Beasley to serve on their respective boards as a director.
WGL Holdings, Inc. Appoints Stephen C. Beasley to the Boards of Directors of WGL Holdings and Washington Gas
Mar 6 15
WGL Holdings Inc. announced the election of Mr. Stephen C. Beasley to the boards of directors of WGL Holdings and Washington Gas, effective March 5, 2015. In this role, he was Chairman and President of Tennessee Gas Pipeline Company and ANR Pipeline Company. Mr. Beasley is currently serving on several corporate boards and previously served as an outside director on the Board of Directors for Williams Pipeline Partners L.P, Southern Union Company and C Sixty Inc.
WGL Holdings Inc. Declares Quarterly Dividend on Common Stock, Payable on May 1, 2015
Feb 5 15
The Board of Directors of WGL Holdings Inc. declared to increase the quarterly dividend on its common stock to $0.4625 per share from $0.4400 per share. This change increases the annualized dividend level to $1.85 per share from $1.76 per share. The new quarterly dividend is payable May 1, 2015, to shareholders of record on April 10, 2015.
WGL Holdings Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014; Reaffirms Earnings Guidance for the Fiscal Year 2015
Feb 4 15
WGL Holdings Inc. announced unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the period, the company reported net income applicable to common stock determined in accordance with generally accepted accounting principles in the United States of America (GAAP) for the quarter ended December 31, 2014, of $63.9 million, or $1.28 per share, compared to net income applicable to common stock of $18.6 million, or $0.36 per share, reported for the quarter ended December 31, 2013. For the quarter ended December 31, 2014, operating earnings were $58.0 million, or $1.16 per share, an improvement of $6.6 million, or $0.17 per share, over operating earnings of $51.4 million, or $0.99 per share, for the same quarter of the prior fiscal year. Total operating Revenue was $749.237 million against $680.297 million a year ago. Operating income was $121.842 million against $32.712 million a year ago. Income before taxes was $106.321 million against $24.429 million a year ago. Return on average common equity was 12.0% against 3.6% a year ago. Book value per share was $25.0 against $24.55 a year ago.
The company affirmed the consolidated non-GAAP operating earnings estimate for fiscal year 2015 in a range of $2.70 per share to $2.90 per share.
WGL Holdings Inc. - Shareholder/Analyst Call
Jan 22 15
Annual meeting of shareholders