Natural gas (distribution)
Article Abstract:
Natural gas utilities' bottom lines will continue to be determined by state regulatory commissions even as these local distribution companies (LDC) seek to expand their presence as nonregulated gas marketers. These LDCs found that being a broker/dealer of natural gas offered a way to boost profits without having to distribute all their earnings to shareholders. The LDCs are able to garner profit because they are establishing subsidiaries that are shielded from state regulatory oversight.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Natural gas (distribution)
Article Abstract:
The structure of the natural gas distribution industry has changed from the mid-1980s to the late-1990s. Pipelines have become common carriers from whom all customers may buy directly, instead of traditional gas-supply dealers, under new rules from the Federal Energy Regulatory Commission. Prices and profits are no longer regulated, and marketing ventures may now cross state lines. High-quality, defensive stocks are the industry's best investments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic: