Corporate Profile for Eastern Enterprises, dated Nov. 8, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine See AOL. , CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0-
Published Date: Nov. 8, 1996
Company Name: Eastern Enterprises
Address: 9 Riverside Road,
Weston, MA 02193
Main Telephone
Number: 617/647-2300
Chief Executive
Officer: J. Atwood Ives
Investor Relations
Contact: Jane W. McCahon
Business number: 617/647-2316
Home number: 508/440-8221
Public Relations same as above
URL/email
address: www.efu.com
Trading Symbol: EFU
Industry: National Gas Distribution, Marine Transportation,
Energy
Company description: Eastern Enterprises owns and operates Boston Gas Co., New England's largest distributor of natural gas, serving more than 515,000 residential, commercial and industrial customers in Boston and 73 other eastern and central Massachusetts communities, and Midland Enterprises Inc., the leading carrier of coal and a major carrier of other dray bulk cargoes on the nation's inland waterways, with a fleet of 2,450 barges and 88 towboats. Headquartered in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. , Midland provides low-cost marine transportation to much of the country's major industrial and agricultural regions. Eastern also owns a 50 percent interest in AllEnergy Marketing Co., L.L.C., an unregulated energy marketing company, through a joint venture with New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Electric. AllEnergy, headquartered in Waltham, Mass., will provide a comprehensive array of energy commodities and related products and services to customers throughout the Northeast. For the first nine months of 1996, Eastern's earnings of $43.5 million, or $2.13 per share, increased 24 percent and 23 percent, respectively, over the comparable period in 1995. Revenues for the first nine months of 1996 totaled $766.7 million, up 10 percent over last year. Eastern's common stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol EFU EFU Exclusive Farm Use (zoning) . The 52-week high is $40 3/8 and the low is $29 3/8. CONTACT: Eastern Enterprises |
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