Key Developments: WGL Holdings Inc (WGL)
43.86USD
18 Jun 2013
$0.59 (+1.36%)
$43.27
$43.38
$44.05
$43.30
169,333
188,129
$46.22
$35.96
Latest Key Developments (Source: Significant Developments)
WGL Holdings Inc's Subsidiary Secures Contract To Build And Operate Solar Projects In Rio Rancho
WGL Holdings Inc's subsidiary Washington Gas Energy Systems, Inc., announced that it signed a contract with Rio Rancho Public Schools, AMSOLAR and Conergy to build, own and operate two 1,215-kilowatt solar arrays at Cleveland and Rio Rancho High Schools. The arrays, when completed, will be the power purchase agreement arrangement completed by Washington Gas Energy Systems with a public school system in the state of New Mexico. The project is currently under construction and will be completed this summer. Full Article
WGL Holdings Inc's Capitol Energy Ventures Corp Announces Investment In Constitution Pipeline
WGL Holdings Inc, through its subsidiary, Capitol Energy Ventures Corp. (CEV), announced its equity investment in Constitution Pipeline Company, LLC. The fully subscribed natural gas pipeline project will transport natural gas from the Marcellus region in northern Pennsylvania to major northeastern markets. CEV joins Williams Partners L.P., Cabot Oil and Gas Corporation and Piedmont Natural Gas in the project, and will invest an estimated $68 million. Construction of the pipeline is expected to begin in the third quarter 2014. The project is scheduled to be in service by March 2015, and transport at least 650,000 dekatherms of natural gas per day or the equivalent of providing 3 million homes daily with natural gas. An affiliate of Williams Partners will construct, operate and maintain the new 30-inch, 121-mile long transmission pipeline. Full Article
WGL Holdings Inc Raises FY 2013 EPS Guidance
WGL Holdings Inc announced for fiscal 2013, it is updating GAAP earnings estimate to a range of $2.30 per share to $2.42 per share and non-GAAP consolidated earnings estimate in a range of $2.42 per share to $2.54 per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.45 for fiscal 2013. Full Article
WGL Holdings Inc Raises Annual Dividends
WGL Holdings Inc announced an 8 cent increase in annual dividend to an annual rate of $1.68 per share. This 5% increase is greater than recent average of 3%. Full Article
WGL Holdings Inc Reaffirms FY 2013 EPS Guidance
WGL Holdings Inc announced for fiscal 2013, it is updating GAAP earnings estimate to a range of $2.35 per share to $2.47 per share and the Company is affirming its non-GAAP consolidated earnings estimate in a range of $2.37 per share to $2.49 per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.46 for fiscal 2013. Full Article
WGL Holdings Inc Declare Dividends
WGL Holdings Inc announced that it has declared a regular quarterly dividend of $0.4000 per share of common stock. The quarterly dividend is payable February 1, 2013, to shareholders of record as of January 10, 2013. Full Article
WGL Holdings Inc Issues FY 2013 EPS Guidance Below Analysts' Estimates
WGL Holdings Inc announced that its GAAP earnings estimate for fiscal 2013 is in a range of $2.46 per share to $2.58 per share. This estimate includes projected fiscal 2013 earnings from its regulated utility segment in a range of $1.68 per share to $1.74 per share and projected fiscal 2013 earnings from its non-utility business segments in a range of $0.78 per share to $0.84 per share. The Company also provided a consolidated earnings estimate for fiscal 2013 based on non-GAAP operating earnings in a range of $2.37 per share to $2.49 per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.61 for fiscal 2013. Full Article
WGL Holdings Inc Declares Regular Quarterly Dividend
WGL Holdings Inc announced that it has declared a regular quarterly dividend of $0.4000 per share of common stock. The quarterly dividend is payable Nov. 1, 2012, to shareholders of record as of Oct. 10, 2012. Full Article
WGL Holdings Inc Reaffirms FY 2012 EPS Guidance
WGL Holdings Inc reaffirmed its GAAP earnings estimate for fiscal 2012 in a range of $2.34 per share to $2.46 per share. This estimate includes projected fiscal year 2012 earnings from regulated utility segment in a range of $1.74 per share to $1.80 per share and projected fiscal year 2012 earnings from unregulated business segments in a range of $0.60 per share to $0.66 per share. The Company also reaffirmed its consolidated earnings estimate for fiscal 2012 based on non-GAAP operating earnings in a range of $2.43 per share to $2.55 per share. This estimate includes projected fiscal 2012 non-GAAP operating earnings from regulated utility segment in a range of $1.82 per share to $1.88 per share, and projected fiscal 2012 non-GAAP operating earnings from unregulated business segments in a range of $0.61 per share to $0.67 per share. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.47 for fiscal 2012. Full Article
WGL Holdings Inc Declares Dividends
WGL Holdings Inc announced that it declared a regular quarterly dividend of $0.4000 per share of common stock. The quarterly dividend is payable Aug. 1, 2012, to shareholders of record as of July 10, 2012 Full Article
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