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WGL Holdings Inc. (WGL)

47.96 Down 0.31(0.64%) 3:14PM EST - NYSE Real Time Price
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WGL Holdings Inc.
101 Constitution Avenue N.W
Washington, DC 20080
United States - Map
Phone: 703-750-2000

Index Membership:N/A
Industry:Gas Utilities
Full Time Employees:1,444

Business Summary 

WGL Holdings, Inc., through its subsidiaries, sells and delivers natural gas, and provides energy-related products and services. The company operates in four segments: Regulated Utility, Retail Energy-Marketing, Commercial Energy Systems, and Midstream Energy Services. The Regulated Utility segment sells and delivers natural gas to retail customers; and owns full and partial interests in underground natural gas storage facilities, including pipeline delivery facilities located in and around Hampshire County, West Virginia. The Retail Energy-Marketing segment sells natural gas and electricity directly to residential, commercial, and industrial customers. The Commercial Energy Systems segment provides design-build energy efficient and sustainable solutions, including commercial solar, energy efficiency, and combined heat and power projects to government and commercial clients. This segment also focuses on upgrading the mechanical, electrical, and water and energy-related infrastructure of governmental and commercial facilities by implementing traditional, as well as alternative energy technologies primarily in the District of Columbia, Maryland, and Virginia. The Midstream Energy Services segment is engaged in developing, acquiring, managing, and optimizing natural gas storage and transportation assets. As of September 30, 2013, the company had approximately 667 miles of transmission mains; 12,897 miles of distribution mains; 13,380 miles of distribution services; and storage capacity for approximately 15.0 million gallons of propane for peak-shaving, as well as served approximately 168,000 natural gas customers and approximately 180,000 electricity customers in Maryland, Virginia, Delaware, Pennsylvania, and the District of Columbia. WGL Holdings, Inc. was founded in 1848 and is headquartered in Washington, the District of Columbia.

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Corporate Governance 
WGL Holdings Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 4. The pillar scores are Audit: 10; Board: 1; Shareholder Rights: 4; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Terry D. McCallister , 58
Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of Washington Gas Light Company and Chief Exec. Officer of Washington Gas Light Company
Mr. Adrian P. Chapman , 57
Pres, Chief Operating Officer, Pres of Washington Gas Light Co and Chief Operating Officer of Washington Gas Light Co
Mr. Vincent L. Ammann Jr., 55
Chief Financial Officer, VP, Chief Financial Officer of Washington Gas Light Co and VP of Washington Gas Light Co
Ms. Leslie T. Thornton , 56
Sr. VP, Gen. Counsel and Corp. Sec.
Mr. Gautam Chandra , 48
Sr. VP of Strategy, Bus. Devel., and Non-Utility Operations
Amounts are as of Dec 31, 2013 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.
Currency in USD.
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