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SOUTHERN UNION CO, (SUG) Stock Research Free Stock Rating
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Southern Union Company, through its subsidiaries, engages in the transportation, storage, and distribution of natural gas in the United States. The company distributes natural gas to approximately 962,000 residential, commercial, and industrial customers through local distribution systems consisting of 14,326 miles of mains; 9,654 miles of service lines; and 78 miles of transmission lines, as of December 31, 2004. It primarily serves customers in Missouri, Pennsylvania, Rhode Island, and Massachusetts. The company also engages in the interstate transportation and storage of natural gas in the midwest and southwest regions, as well as provides liquefied natural gas terminalling and regasification services. It operates approximately 10,000 miles of interstate pipelines, as of the above date. Southern Union Company was incorporated in 1932 and is headquartered in Wilkes-Barre, Pennsylvania.
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