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July 07, 2015 7:07 PM ET

Gas Utilities

Company Overview of Alabama Gas Corporation

Company Overview

Alabama Gas Corporation, a natural gas distribution utility, is engaged in the purchase, distribution, and sale of natural gas in central and north Alabama, the United States. The company purchases natural gas through interstate and intrastate suppliers, and distributes the purchased gas through its distribution facilities to residential, commercial, and industrial customers, as well as other end-users of natural gas. It also provides transportation services to industrial and commercial customers. The company serves approximately 391,093 residential customers; and 31,174 commercial, industrial, and transportation customers. Its distribution system includes approximately 11,229 miles of main ...

605 Richard Arrington Jr. Boulevard North

Birmingham, AL 35203

United States

949 Employees

Phone:

205-326-2700

Key Executives for Alabama Gas Corporation

President
Chief Executive Officer of the Laclede Group and President of the Laclede Group
Age: 55
Vice President, General Counsel, Secretary, Vice President of Energen Corporation, General Counsel of Energen Corporation and Secretary of Energen Corporation
Age: 58
Vice President and Controller
Compensation as of Fiscal Year 2015.

Alabama Gas Corporation Key Developments

Alagasco Announces Executive Changes

Alagasco announced that Dudley Reynolds, President and COO will retire at the end of March 2014, and Ken Smith will become president of Alagasco beginning April 1, 2015. Smith is currently vice president of system integrity for Alagasco. In his new position, Smith will report to Steve Lindsey, COO of distribution operations for The Laclede Group.

Alagasco Announces Retirement of Dudley Reynolds as President and Chief Operating Officer, Effective End of March

Alagasco announced that Dudley Reynolds will retire from his position as president and chief operating officer at the end of March. He will remain with the company until the end of March to provide leadership to Alagasco during the integration with Laclede. Succession planning has been in place at Laclede and an announcement is expected prior to his retirement.

Alabama Gas Corporation Announces Redemption of 5.70% Notes Due January 15, 2035

On January 15, 2015, Alabama Gas Corporation redeemed for cash $34.8 million aggregate principal amount outstanding of its previously issued 5.70% notes due January 15, 2035. The Notes were issued pursuant to an Indenture dated as of November 1, 1993, as amended, supplemented or otherwise modified, between Alagasco and The Bank of New York Mellon Trust Company, N.A., as Trustee.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
June 5, 2015
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