Friday, November 11, 2011

AGL Resources powers up Q1 profit - Atlanta Business Chronicle:

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Atlanta-based AGL Resources (NYSE: AGL) postefd net income of $135 million on $995 million in revenue, comparex with net income of $105 million on $1.021 billion in revenue in the first quarteerof 2008. Earnings were $1.55 a share, up from earningw of $1.16 a share in the first quarterof 2008. The companyt said its results for the first quarter of 2009 show improvef earnings contributions from its three largest operatingsegments -- distributiobn operations, retail energy operations and wholesal e services. "We are off to a good start and are on trac to meet our goals for saidJohn W.
Somerhalderr II, AGL Resources chairman, president and CEO, in an earnings "We also continue to make very good progressa on two key areas of focus for us thisyear -- remaininy on track to complete our major capitaol projects and executing on our regulatoryt strategy to recover prudently incurred investments made in our utilith business." AGL, the parent of , has more than 2.3 millionb customers in six It also owns Houston-based and markets natural gas to consumers in Georgia under the

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