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VECTREN CORP, (VVC) Stock Rating Learn More

Our Overall Rating on VECTREN CORP,  VVC is Not Available
Vectren Corporation operates as an energy and applied technology holding company in the United States. The company has two groups, Utility and Nonregulated. The Utility group consists of the operations of the gas utility services, electric utility services, and other operations that provide information technology and other support services. Gas utility services include natural gas distribution and transportation services to residential, commercial, industrial, and other customers in Indiana and west central Ohio. As of December 31, 2004, the Utility group supplied natural gas service to 980,000 customers. Its electricity utility services comprise electric generation, transmission, and distribution services primarily to southwestern Indiana. The Utility group supplied electric service to 135,098 customers, as of the above date. Its other operations include natural gas distribution and transportation services to 17 counties in west central Ohio. The principal industries served in this group include automotive assembly, parts and accessories, feed, flour and grain processing, metal castings, aluminum products, appliance manufacturing, polycarbonate resin and plastic products, gypsum products, and electrical equipment. The company’s Nonregulated group comprises four business areas: energy marketing and services, coal mining, utility infrastructure services, and broadband. The energy marketing and services area provides natural gas and fuel supply management services to municipalities, utilities, industrial operations, schools, and healthcare institutions. Coal mining area engages in the mining and sale of coal to the company's utility operations and to other third parties. Utility infrastructure services area provide underground construction and repair of utility infrastructure services to the company and to other gas, water, and telecommunications companies, as well as facilities locating and meter reading services. Broadband area provides broadband services, such as cable television, high-speed Internet, and local and long distance phone services primarily to the greater Evansville, Indiana area. Vectren Corporation was organized in 1999 and is headquartered in Evansville, Indiana.
Our Not Available Rating on VVC was issued on 11/19/2008

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