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CONSOLIDATED NATURAL GAS SHAREHOLDERS ELECT JOHNSON TO BOARD; THREE DIRECTORS RETIRE

 CONSOLIDATED NATURAL GAS SHAREHOLDERS ELECT JOHNSON TO BOARD;
 THREE DIRECTORS RETIRE
 NEW YORK, May 19 /PRNewswire/ -- Stockholders of Consolidated Natural Gas Company (NYSE: CNG) at the Annual Meeting today elected Lester D. Johnson to the Board of Directors. Mr. Johnson is the company's executive vice president and chief financial officer.
 The stockholders also reelected three directors: George A. Davidson, Jr., chairman and chief executive officer of Consolidated; J.W. Connolly, senior vice president of H.J. Heinz Co.; and Richard P. Simmons, chairman of Alleghany Ludlum Corp.
 Three directors, who reached the mandatory retirement age of 70 for board members, retired at the close of the meeting. They are: C. Howard Hardesty, Jr., former president and chief executive officer of Purolator Courier Corp. and a partner in the law firm of Andrews & Kurth, Washington, D.C.; James E. Lee, former chairman and chief executive officer of Gulf Oil Corp. and former vice chairman of Chevron Corp.; and Stanley C. Pace, former chairman and chief executive officer of General Dynamics Corp. With their retirement and Mr. Johnson's election there are now ten directors on Consolidated's board.
 Consolidated is one of the country's largest producers, transporters and distributors of natural gas. Its primary marketing areas for natural gas are in Ohio, Pennsylvania, Virginia, West Virginia, New York and other states in the Northeast. The company explores for and produces gas and oil throughout the United States and in Canada.
 -0- 5/19/92
 /CONTACT: Gary Pastorius of Consolidated Natural Gas, 412-227-1361/
 (CNG) CO: Consolidated Natural Gas Company ST: Pennsylvania IN: OIL SU: PER TO BUSINESS EDITOR:
 CONSOLIDATED NATURAL GAS SEES GAINS FROM NEW PIPELINE PROJECTS (NYSE: CNG) expects continued growth in gas pipeline throughput from its program of adding new service and expanding existing service to East Coast utilities, George A. Davidson Jr., chairman and chief executive officer, told stockholders at the annual meeting here today.
 Davidson said the company expects annual volumes at its interstate gas transmission operation to increase from 500-550 billion cubic feet to some 800 billion over the next few years. Further, because of a recently completed intrastate pipeline built by Virginia Natural Gas, Inc., a subsidiary, the company will experience significant growth in gas deliveries in Virginia. A major customer for the pipeline is a new 650-megawatt non-utility electric generating plant at Doswell, Va., that is expected to consume as much as 14 billion cubic feet of gas a year. This equals abut half of what Virginia Natural Gas delivered to all of its customers in 1991.
 Citing further reasons for optimism, the chairman noted several current marketing opportunities for natural gas companies -- including oil-to-gas conversions in the Northeast, gas-powered electric generation, gas technologies that solve environmental problems, and the use of natural gas as a clean transportation fuel. Despite some of the warmest weather on record, Davidson emphasized, demand for gas nationwide has increased over the last six years to 19.5 trillion cubic feet in 1991.
 "Quite frankly, as our capital projects come to fruition, as the weather cycle begins to shift back in our favor, and as natural gas prices follow, this company is poised to show substantial increases in profitability," he said.
 The chairman also commented on current regulatory matters, including the Federal Energy Regulatory Commission's recently-issued Order 636, intended to restructure the interstate gas transmission industry and encourage competition. He pointed out that Consolidated's transmission subsidiary already has restructured much of its business in the way federal regulators envision in the order.
 Reviewing exploration and production operations, Davidson cited weak prices for natural gas at the wellhead as the main reason for lagging results in that part of the company's business in the first quarter. However, he said that increasing demand for gas can be expected to pull prices back up to more reasonable levels and that Consolidated is therefore dedicated to keeping its strong E&P operations intact.
 The company recently reported 1992 first quarter earnings of $1.27 a share vs. $1.17 a share in the same period of 1991. The improvement was due to colder weather in the period compared with last year's first three months and to increased gas deliveries by the company's interstate gas transmission operations.
 Consolidated is one of the country's largest producers, transporters and distributors of natural gas. Its primary marketing areas for natural gas are in Ohio, Pennsylvania, Virginia, West Virginia, New York and other states in the Northeast. The company explores for and produces gas and oil throughout the United States and in Canada.
 -0- 5/19/92
 /CONTACT: Gary Pastorius of Consolidated, 412-227-1361/
 (CNG) CO: Consolidated Natural Gas Company ST: Pennsylvania, Virginia IN: OIL SU:


SB -- NY088 -- 1963 05/19/92 15:20 EDT
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Date:May 19, 1992
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