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Last $48.27 USD
Change Today +0.19 / 0.40%
Volume 588.8K
GAS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

agl resources inc (GAS) Snapshot

Open
$48.21
Previous Close
$48.08
Day High
$48.50
Day Low
$47.96
52 Week High
01/28/15 - $57.75
52 Week Low
07/1/15 - $46.36
Market Cap
5.8B
Average Volume 10 Days
616.3K
EPS TTM
$3.39
Shares Outstanding
120.1M
EX-Date
08/12/15
P/E TM
14.2x
Dividend
$2.04
Dividend Yield
4.14%
Current Stock Chart for AGL RESOURCES INC (GAS)

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agl resources inc (GAS) Details

AGL Resources Inc., an energy services holding company, distributes natural gas to residential, commercial, industrial, and government clients in Illinois, Georgia, Virginia, New Jersey, Florida, Tennessee, and Maryland. It operates through four segments, Distribution Operations, Retail Operations, Wholesale Services, and Midstream Operations segments. The Distribution Operations segment constructs, manages, and maintains intrastate natural gas pipelines and distribution facilities. As of December 31, 2014, this segment owned approximately 80,700 miles of underground distribution and transmission mains. The Retail Operations segment markets natural gas, and various energy-related products that provide natural gas price stability and utility bill management, as well as offers home protection products and services, and warranty protection solutions. The Wholesale Services segment is involved in the provision of asset management and optimization, storage, transportation, production, and peaking services; and wholesale marketing of natural gas in the United States and Canada. The Midstream Operations segment engages in the natural gas storage business that develops, acquires, and operates underground natural gas storage assets in the Gulf Coast region of the United States and in northern California. The company serves approximately 4.5 million end-use customers in 7 states, as well as 628,000 energy customers, and 1.2 million services contracts in 15 states. AGL Resources Inc. was founded in 1856 and is headquartered in Atlanta, Georgia.

5,165 Employees
Last Reported Date: 02/12/15
Founded in 1856

agl resources inc (GAS) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $969.5K
President and Chief Operating Officer
Total Annual Compensation: $553.3K
Executive Vice President of Nonregulated Busi...
Total Annual Compensation: $364.0K
Executive Vice President of Distribution Oper...
Total Annual Compensation: $541.3K
Chief Ethics & Compliance Officer, Executive ...
Total Annual Compensation: $446.6K
Compensation as of Fiscal Year 2014.

agl resources inc (GAS) Key Developments

AGL Resources Inc. Declares Quarterly Dividend, Payable on September 1, 2015

On July 28, 2015, the board of directors of AGL Resources Inc. declared a quarterly dividend rate of $0.51 per share on the company's common stock. The dividend will be paid on September 1, 2015 to shareholders of record at the close of business on August 14, 2015.

AGL Resources Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

AGL Resources Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported income from continuing operations excluding wholesale services of $47 million, or $0.39 per diluted share, compared to $42 million, or $0.36 per diluted share in the second quarter of 2014. On a consolidated basis, income from continuing operations attributable to AGL Resources Inc. was $42 million, or $0.35 per share, compared to $57 million, or $0.48 per share, in the second quarter of 2014. For the second quarter, the primary drivers of the year-over-year decline in EPS from continuing operations include the following: commercial activity at wholesale services of $1 million in the second quarter of 2015, compared to $30 million in the second quarter of 2014. The change in commercial activity was driven by lower volatility in natural gas commodity and transportation prices compared to prior year; lower mark-to-market accounting hedge gains, net of inventory adjustments at wholesale services of $3 million in the current year quarter, compared to gains of $10 million in the second quarter of 2014; and warmer-than-normal weather for the second quarter of 2015 resulting in lower LBIT of $3 million across the distribution operations and retail operations segments; this compares to additional EBIT of $2 million for the second quarter of 2014 related to colder-than-normal weather. Operating revenue was $674 million compared to $889 million a year ago. Operating income was $107 million compared to $139 million a year ago. Income before income taxes was $69 million compared to $96 million a year ago. Income from continuing operations was $44 million or $0.35 per diluted share compared to $59 million or $0.48 per diluted share a year ago. Economic earnings were $2 million compared to $9 million a year ago. EBIT improved by $5 million in the second quarter compared to last year. The primary driver is the absence of the retained fuel true-up expense that incurred in 2014. For the six months, operating revenue was $2,395 million compared to $3,351 million a year ago. Operating income was $471 million compared to $731 million a year ago. Income before income taxes was $392 million compared to $645 million a year ago. Income from continuing operations was $249 million or $1.96 per diluted share compared to $356 million or $3.29 per diluted share a year ago. Net income attributable to the company was $235 million or $1.96 per diluted share compared to $342 million or $2.87 per diluted share a year ago. For the first six months, the primary drivers of the year-over-year decline in EPS from continuing operations include the following: commercial activity at wholesale services of $108 million in the first half of 2015, compared to $401 million in the first half of 2014. The change in commercial activity was driven by lower volatility in natural gas commodity and transportation prices compared to prior year commercial activity resulting from extremely cold temperatures in 2014; and colder-than-normal weather for the first half of 2015 resulting in additional EBIT of $16 million across the distribution operations and retail operations segments; this compares to additional EBIT of $32 million for the first half of 2014 related to significantly colder-than-normal weather. Income from continuing operations excluding wholesale services of $206 million, or $1.72 per diluted share, compared to $199 million, or $1.67 per diluted share in the second quarter of 2014. Economic earnings were $91 million compared to $281 million a year ago. The company continues to expect its consolidated diluted EPS in 2015 to be in the range of $2.85 to $3.10, excluding mark-to-market hedge movements for 2016 and forward positions. Adjusted 2015 earnings per share excluding wholesale services are expected to be in the range of $2.70 to $2.80. The company remain on track to achieve economic earnings of between $80 million and $110 million this year, with GAAP EBIT of $40 million to $50 million expected.

AGL Resources Inc. to Report Q2, 2015 Results on Jul 28, 2015

AGL Resources Inc. announced that they will report Q2, 2015 results After-Market on Jul 28, 2015

 

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Industry Analysis

GAS

Industry Average

Valuation GAS Industry Range
Price/Earnings 14.2x
Price/Sales 1.3x
Price/Book 1.5x
Price/Cash Flow 7.6x
TEV/Sales 0.4x
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