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Southern Union Co. (SUG)On Feb 9: 22.09   0.00 (0.00%)  
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Southern Union Co.
5444 Westheimer Road
Houston, TX 77056-5306
United States - Map
Phone: 713-989-2000
Fax: 713-989-1121
Web Site: http://www.southernunionco.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Utilities
Industry:Gas Utilities
Full Time Employees:2,413

BUSINESS SUMMARY 
Southern Union Company, together with its subsidiaries, engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States. It operates in three segments: Transportation and Storage, Gathering and Processing, and Distribution. The Transportation and Storage segment engages in the interstate transportation and storage of natural gas in the Midwest and from the Gulf Coast to Florida. It also provides liquefied natural gas (LNG) terminalling and regasification services. The Gathering and Processing segment involves in the gathering, treating, processing, and redelivery of natural gas and natural gas liquids (NGLs) in Texas and New Mexico. As of December 31, 2008, this segment operated a network of approximately 4,900 miles of natural gas and NGLs pipelines; 4 cryogenic processing plants with a combined capacity of 415 million cubic feet per day; and 5 natural gas treating plants with a combined capacity of 640 million cubic feet per day. The Distribution segment engages in the local distribution of natural gas in Missouri and Massachusetts. This segment serves approximately 550,000 residential, commercial, and industrial customers through local distribution systems consisting of 9,119 miles of mains, 6,148 miles of service lines, and 45 miles of transmission lines. The company was founded in 1932 and is based in Houston, Texas.
Key Statistics

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    CORPORATE GOVERNANCE 
    Southern Union Co.'s Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 69.5% of S&P 400 companies and 87.4% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. George L. Lindemann , 73
    Chairman and Chief Exec. Officer
    $ 3.00M $ 2.20M
    Mr. Eric D. Herschmann , 46
    Vice Chairman, Pres and Chief Operating Officer
    $ 2.85M $ 0
    Mr. Richard N. Marshall , 52
    Chief Financial Officer and Sr. VP
    $ 675.00K $ 0
    Mr. Robert O. Bond , 50
    Sr. VP of Pipeline Operations, Pres of Crosscountry Energy Interstate Natural Gas Pipeline Operations, Pres of Panhandle Energy Gas Pipeline Operations, Chief Operating Officer of Crosscountry Energy Interstate Natural Gas Pipeline Operations and Chief Operating Officer of Panhandle Energy Gas Pipeline Operations
    $ 766.00K $ 0
    Ms. Monica M. Gaudiosi , 47
    Sr. VP and Gen. Counsel
    $ 675.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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