Southern Union Company (SUG, Financial) filed Annual Report for the period ended 2011-12-31.
Southn Union Co has a market cap of $5.48 billion; its shares were traded at around $44.05 with a P/E ratio of 23.5 and P/S ratio of 2.2. The dividend yield of Southn Union Co stocks is 1.4%. Southn Union Co had an annual average earning growth of 22.4% over the past 10 years.
For the years ended December 31, 2011, 2010 and 2009, the Transportation and Storage segment s operating revenues were $803.7 million, $769.5 million and $749.2 million, respectively. Earnings from unconsolidated investments related to Citrus were $97.6 million, $99.8 million and $75 million for the years ended December 31, 2011, 2010 and 2009, respectively.
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Southn Union Co has a market cap of $5.48 billion; its shares were traded at around $44.05 with a P/E ratio of 23.5 and P/S ratio of 2.2. The dividend yield of Southn Union Co stocks is 1.4%. Southn Union Co had an annual average earning growth of 22.4% over the past 10 years.
Highlight of Business Operations:
Panhandle earns most of its revenue by entering into firm transportation and storage contracts, providing capacity for customers to transport and store natural gas, or LNG, in its facilities. Panhandle provides firm transportation services under contractual arrangements to local distribution company customers and their affiliates, natural gas marketers, producers, other pipelines, electric power generators and a variety of end-users. Panhandle s pipelines offer both firm and interruptible transportation to customers on a short-term and long-term basis. Demand for natural gas transmission on Panhandle s pipeline systems peaks during the winter months, with the highest throughput and a higher portion of annual total operating revenues and EBIT occurring during the first and fourth calendar quarters. Average reservation revenue rates realized by Panhandle are dependent on certain factors, including but not limited to rate regulation, customer demand for capacity, and capacity sold for a given period and, in some cases, utilization of capacity. Commodity or utilization revenues, which are more variable in nature, are dependent upon a number of factors including weather, storage levels and pipeline capacity availability levels, and customer demand for firm and interruptible services, including parking services. The majority of Panhandle s revenues are related to firm capacity reservation charges, which reservation charges accounted for approximately 89 percent of total segment revenues and 27 percent of consolidated revenues in 2011.For the years ended December 31, 2011, 2010 and 2009, the Transportation and Storage segment s operating revenues were $803.7 million, $769.5 million and $749.2 million, respectively. Earnings from unconsolidated investments related to Citrus were $97.6 million, $99.8 million and $75 million for the years ended December 31, 2011, 2010 and 2009, respectively.
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