CLP Holdings (CLP Holdings) Total Gas Pipeline Miles : 0.00 (As of . 20)

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What is CLP Holdings Total Gas Pipeline Miles?

A Gas Pipeline is a pipe used to transport gas from gas wells to the processing units and then to a distribution system. Longer gas pipeline miles indicate a larger area / more customers the company would cover, which might lead to a higher gas consumption and a higher revenue.

The historical rank and industry rank for CLP Holdings's Total Gas Pipeline Miles or its related term are showing as below:

CLPHF's Total Gas Pipeline Miles is not ranked ^*
in the Utilities - Regulated industry.
Industry Median:
* Ranked among companies with meaningful Total Gas Pipeline Miles only.

CLP Holdings Total Gas Pipeline Miles Historical Data

The historical data trend for CLP Holdings's Total Gas Pipeline Miles can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CLP Holdings Total Gas Pipeline Miles Chart

CLP Holdings (OTCPK:CLPHF) Total Gas Pipeline Miles Explanation

A Gas Pipeline is a pipe used to transport gas from gas wells to the processing units and then to a distribution system. Natural gas is directly delivered to homes or businesses through a broad network of Gas Pipelines. The Gas Pipelines are not only used to transport the gas in the local areas but also across international borders, as they are very useful to the countries that produce gas for export to other countries.

Longer gas pipeline miles indicate a larger area/ more customers the company would cover, which might lead to a higher gas consumption and a higher revenue.

The pipelines have three different forms and each of them serves a different purpose within its network:
• Pipelines with small diameters are used to transport the gas at low pressure from the wells to the processing units.
• Interstate, intrastate and international transmission pipelines are used to transport the gas with high-pressure from the processing units to the areas they are required to be transported. When gas is transported through these long pipelines, it is required to be passed through pumping stations to maintain the high pressure.
• Distribution pipelines are used to transport the gas through smaller pipes to the users.

CLP Holdings Total Gas Pipeline Miles Related Terms

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CLP Holdings (CLP Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Total Gas Pipeline Miles

Comparable Companies

Traded in Other Exchanges

CLPHY:USA 00002:Hong Kong CLP:Germany

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

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