Company Profile
Southern Union Company
Company Overview
Southern Union Company (NYSE: SUG) is engaged primarily in the transportation, storage, gathering, processing and distribution of natural gas. Headquartered in Houston, Southern Union is one of the nation’s leading diversified natural gas companies. The company owns and operates one of the nation’s largest natural gas pipeline systems with more than 20,000 miles of gathering and transportation pipelines and North America’s largest liquefied natural gas import terminal.
Through Panhandle Energy, Southern Union’s interstate pipeline interests operate more than 15,000 miles of pipelines that transport natural gas from the Anadarko and San Juan basins, Rocky Mountains, Gulf of Mexico, South Texas and Mobile Bay to major markets in the Southeast, Midwest and Great Lakes region. Southern Union’s natural gas transmission units include Panhandle Eastern Pipe Line Company, Trunkline Gas Company, Sea Robin Pipeline Company, Trunkline LNG Company (one of the nation’s largest LNG import terminals) and Southwest Gas Storage. Through CCE Holdings, LLC, Southern Union also owns an interest in and operates Florida Gas Transmission.
Southern Union Gas Services, with approximately 4,800 miles of pipelines, is engaged in the gathering, transmission, treating, processing and redelivery of natural gas and natural gas liquids in Texas and New Mexico.
Through its local distribution companies, Missouri Gas Energy and New England Gas Company, SUG also serves more than half a million natural gas end-user customers in Missouri and Massachusetts.
Notable Accomplishments / Recognition
HOUSTON, March 18, 2008 – The Board of Directors of Southern Union Company (NYSE:SUG) has approved its regular quarterly cash dividend of $0.15 per share on the company's common stock. The dividend is payable on April 11, 2008, to holders of record at the close of business on March 28, 2008.