Dallas-based Atmos Energy Corp. inched closer to becoming the largest pure-play natural gas distributor in the United States Tuesday after receiving final approval from the Missouri Public Service Commission (PSC) to acquire the gas distribution and pipeline operations of TXU Gas Co. Atmos, which is buying the largest gas utility in Texas for $1.925 billion, expects to close the deal by Oct 1.
Pure
Articles from Pure
Atmos, TXU Gas Merger Creates Largest U.S. Gas Distribution Business
In a move that will create the largest pure-play natural gas distribution business in the United States, Dallas-based Atmos Energy Corp. announced it will buy substantially all of the operations of TXU Gas Co., a subsidiary of TXU Corp., in an all-cash transaction valued at $1.925 billion.
June 18, 2004
Burlington, Occidental Earnings Surge on Gas Prices
Higher prices, pure and simple, are leading the way for record earnings by several North American independents in the first quarter, including Burlington Resources Inc., which saw its earnings more than quadruple. Occidental Petroleum Corp. also set records for the quarter, reporting earnings up 90%, which it said were propelled by natural gas demand in California.
April 20, 2001
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