Natural Gas Utilities

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China Suntien Green Energy Corp Ltd gives H1 2014 earnings guidance

7:41am EDT

China Suntien Green Energy Corp Ltd:Expects to record net profit attributable for the H1 2014 to decrease by about 40 to 50 pct as compared to the corresponding period last year.

New Jersey Resources Corp reaffirms FY 2014 EPS guidance; broadens Q4 2014 EPS guidance

7:00am EDT

New Jersey Resources Corp:Reaffirms previously announced increased FY 2014 net financial earnings guidance in range of $4.00 to $4.20 per basic share (EPS).Forecasts net financial loss of between $0.47 and $0.67 per share in Q4 2014.FY 2014 EPS of $4.14 - Thomson Reuters I/B/E/S.

TOHO GAS CO LTD amends consolidated mid-year and full-year outlook for FY 2015

Wednesday, 30 Jul 2014 11:00pm EDT

TOHO GAS CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 269,000 million yen from 272,000 million yen for FY ending March 2015.Sees an increased operating profit forecast to 14,000 million yen from 7,000 million yen.Sees an increased ordinary profit forecast to 14,000 million yen from 7,000 million yen.Sees an increased net profit forecast to 9,500 million yen from 5,000 million yen.Sees a decrease of earnings per share to 17.42 yen from 9.17 yen per share.Comments the cost reduction is the main reason for the forecast.Says the company lowered the consolidated full-year outlook for revenue to 602,000 million yen from 610,000 million yen for FY ending March 2015.Confirms the operating profit forecast at 23,000 million yen.Confirms the ordinary profit forecast at 23,000 million yen.Confirms the net profit forecast at 15,000 million yen.Confirms the earnings per share at 27.51 yen.FY 2015 revenues of 595.24 billion yen, reported net profit of 18.03 billion yen – Thomson Reuters I/B/E/S.Comments the sales decrease is the main reason for the forecast.

NIPPON GAS CO LTD lowers consolidated mid-year outlook for FY 2015

Wednesday, 30 Jul 2014 03:30am EDT

NIPPON GAS CO LTD:Says the company lowered the consolidated mid-year outlook for revenue to 57,100 million yen from 60,000 million yen for the fiscal year ending March 2015.Sees a decrease of operating profit forecast to 1,800 million yen from 2,700 million yen.Sees a decrease of ordinary profit forecast to 1,400 million yen from 2,600 million yen.Sees a decrease of net profit forecast to 600 million yen from 1,400 million yen.Sees a decrease of earnings per share to 15.02 yen from 31.79 yen.Comments the decreased revenue in construction equipment and the increased development costs are the main reasons for the forecast.

UGI Corp increases annual dividend over 10 pct.

Tuesday, 29 Jul 2014 07:30pm EDT

UGI Corp:Says that it has approved an increase of over 10 pct. in the annual dividend rate on its common stock from $1.18 to about $1.30 on a pre-split basis, or from about $0.79 to $0.87 per share, respectively, after the split.Says the new quarterly dividend of about $0.3263 per share on a pre-split basis, or $0.2175 per share after the split, is payable Oct. 1, 2014 to shareholders of record on Sept. 15, 2014.

UGI Corp reaffirms FY 2014 EPS guidance

Tuesday, 29 Jul 2014 07:15pm EDT

UGI Corp:Says that it continue to anticipate FY 2014 adjusted earnings in the range of $2.95 to $3.05 per diluted share.

Tianjin Jinran Public Utilities Co Ltd gives H1 2014 earnings guidance

Tuesday, 29 Jul 2014 09:58am EDT

Tianjin Jinran Public Utilities Co Ltd:Expects to record substantial decrease in profit and total comprehensive income for H1 2014 as compared to that for H1 2013.

National Fuel Gas Co raises FY 2014 production guidance

Monday, 28 Jul 2014 04:30pm EDT

National Fuel Gas Co:Updates its previous FY 2014 production guidance range of 155 to 165 Bcfe to a new range of 160 to 168 Bcfe.

China Oil and Gas Group Ltd announces acquisition of 100 pct. equity interest in n oil and gas producing company in Canada

Wednesday, 23 Jul 2014 06:33pm EDT

China Oil and Gas Group Ltd:Referred to the announcement of the company dated June 20, in relation to acquisition of 100 pct. equity interest in Baccalieu Energy Inc., the target company.Unless otherwise defined, capitalised term used in this announcement shall have same meanings as those defined in announcement.Says that all conditions precedent under arrangement agreement have been fulfilled and all related procedural registration matters have also been completed, and the target company has become an indirect wholly owned subsidiary of the company.

Atco Ltd forms strategic alliance with Wipro

Thursday, 17 Jul 2014 04:15pm EDT

Atco Ltd:Enters into strategic alliance with global information technology (IT) leader, Wipro Ltd.This alliance builds on ATCO's existing 5 year relationship with Wipro and will provide ATCO with IT solutions and support services globally for all of its companies.Wipro is global information technology, consulting and business process services company.ATCO and Wipro have agreed to enter into series of Master Services Agreements for a period of 10 years that will see Wipro provide the complete suite of IT services to ATCO.Transaction provides for continuity of employment for existing ATCO I-Tek personnel who will continue to support the IT needs of ATCO as employees of Wipro.Wipro has experience in delivering IT solutions across a variety of industries around the world and is well suited to meeting ATCO's global technology needs.Wipro will also acquire all shares of ATCO I-Tek, including current contracts and employees, as well as assets of ATCO I-Tek Australia as valuable resources to provide IT services ATCO requires and to serve as launching point for Wipro's expansion in Canada and Australia.ATCO I-Tek will continue to operate as subsidiary under Wipro.Sale is expected to close in third quarter of 2014.Aggregate proceeds from sale are expected to be about C$210 mln.

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