2005 Post 200
WGL Holdings Inc.
101 Constitution Ave. NW
Washington, D.C. 20080
www.wglholdings.com
Industry: Energy
Post 200 Category: Top 125 Companies
Revenue: $2.09 Billion
Net Income/Loss: $96.64 Million
Earnings per share: $1.98
Dividend: $1.30
Stockholder equity: $853.42 Million
Auditor: Deloitte & Touche LLP
Stock: WGL
Assets: $2.50 Billion
Market capitalization: $1.50 Billion
52-week high: 31.97 3/18/2005
52-week low: 26.66 5/21/2004
Chairman and CEO: James H. DeGraffenreidt Jr.
President and COO: Terry D. McCallister
Employees: 1914
Local employees: 1844
Description: WGL Holdings is the parent company of Washington Gas Light Co., a 157-year-old regulated utility that serves about 1 million residential, commercial and industrial natural gas customers in Maryland, Virginia and the District. The company also owns several unregulated subsidiaries, including Washington Gas Energy Services Inc., which supplies natural gas and electricity, and Washington Gas Energy Systems Inc., which provides heating, ventilating and air conditioning services and products.
Developments: Washington Gas continued to add customers in the past year. On Sept. 30, the company said, it had 30,000 more customers than a year earlier. The steady addition of customers, along with higher utility rates, helped contribute to rising profits in the quarter ended Dec. 31, the company said. However, during the fiscal year that ended Sept. 30, profits were not as high as in the previous year. The company blamed warmer weather.
Executive Compensation
Chairman and CEO: James H. DeGraffenreidt Jr.
Total Cash: $1,219,300.00
Total Compensation: $3,262,224.00