Key Developments: AGL Resources Inc (GAS.N)

GAS.N on New York Stock Exchange

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10 Feb 2016
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Latest Key Developments (Source: Significant Developments)

AGL Resources Inc declares quarterly dividend
Wednesday, 29 Oct 2014 09:00am EDT 

AGL Resources Inc:Declared a quarterly dividend rate of $0.49 per share on the company's common stock.The dividend will be paid on Dec. 1, to shareholders of record at the close of business on Nov. 14.  Full Article

AGL Resources closes sale of Tropical Shipping to Saltchuk
Tuesday, 2 Sep 2014 04:00pm EDT 

AGL Resources:Closes sale of Tropical Shipping and Seven Seas Insurance businesses to subsidiary of Seattle-based Saltchuk Resources, Inc.As a result of sale, AGL Resources received about $220 mln in after-tax net proceeds and repatriated cash, subject to certain post-closing adjustments.  Full Article

Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources form joint venture to own proposed Atlantic Coast Pipeline
Tuesday, 2 Sep 2014 08:00am EDT 

Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources:Says formation of joint venture (JV) to build and own proposed Atlantic Coast Pipeline.Says $4.5 bln to $5 bln, 550-mile natural gas pipeline would run from Harrison County, W. Va., southeast through Virginia with an extension to Chesapeake, Va., and then south through central North Carolina to Robeson County.Says partnership, called Atlantic Coast Pipeline LLC, will own pipeline initially proposed by Dominion as the Southeast Reliability Project.It is designed in part to meet the identified in requests for proposals last April by Duke Energy and Piedmont, and in June by Virginia Power Services Energy.Says it would deliver natural gas supplies to growing markets for additional customers in Virginia and North Carolina.Says pipeline would provide new route for direct access to burgeoning production in Marcellus and Utica shale basins of West Virginia, Pennsylvania and Ohio.  Full Article

AGL Resources Inc reaffirms FY 2014 EPS guidance - Conference call
Wednesday, 30 Jul 2014 09:00am EDT 

AGL Resources Inc:Reaffirms FY 2014 EPS guidance range excluding wholesale services, which the company increased in April to range of $2.80 to $2.90.  Full Article

AGL Resources Inc declared quarterly dividend
Wednesday, 30 Apr 2014 08:00am EDT 

AGL Resources Inc:Declared quarterly dividend of $0.49 per share.Payable on June 1.Record date May 16.  Full Article

AGL Resources Inc raises FY 2014 EPS guidance - Conference Call
Tuesday, 29 Apr 2014 04:00pm EDT 

AGL Resources Inc:Expects FY 2014 EPS to be between $2.80 and $2.90 per share, up from prior guidance range of $2.70 to $2.80.  Full Article

AGL Resources Inc announces sale of Tropical Shipping business-Form 8-K
Monday, 7 Apr 2014 08:39am EDT 

Agl Resources Inc:Says on April 6., signed a definitive agreement to sell its Tropical Shipping business to a subsidiary of Saltchuk Resources, Inc. of Seattle, WA.After-tax cash proceeds and repatriated cash from the transaction are expected to be about $220 million.  Full Article

Southern Co becomes No. 2 U.S. utility with $8 billion AGL deal

U.S. power producer Southern Co said it would buy AGL Resources Inc for about $8 billion in cash to build out its natural gas infrastructure and lower its dependence on power generation.

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