Nicor

Nicor ​​Inc. is a 500 listed on the stock index S & P American holding company headquartered in Naperville, Illinois.

Nicor ​​operates through various subsidiaries, primarily in the gas supply, but also in the shipping business.

The shares are traded on the two evil in New York and Chicago under the symbol GAS. Since 2005, Russ M. Strobel Chairman and CEO of the company.

In August 2007, the SEC has a fraud case against the former manager Thomas Fisher ( CEO), Kathleen Halloran (CFO ) and George Behrens, head of the finance department initiated. Between 1999 and 2002 they should have approved the prohibited transaction in order to achieve profit and revenue targets.

Subsidiaries

Northern Illinois Gas Company was founded in 1954 and with a turnover of 2.627 billion U.S. dollars for the year 2007 of the largest gas utilities in the United States. The largest subsidiary of Nicor ​​Gas buys one on the open market and supplies claims to 2.2 million customers in northern Illinois, excluding the city of Chicago, in a total of 641 municipalities.

It operates a 37,000 miles long tube private network that is connected via eight pipelines to the North American network and eight underground storage facilities with a capacity of 150 billion cubic feet.

End of 2007 2100 people were employed for Nicor ​​Gas.

The company is headquartered in West Palm Beach ( Florida) transports cargo containers in the Caribbean and the Bahamas. With a turnover of 403.9 million U.S. dollars in 2007 Tropical Shipping is one of the major shipping companies in this region.

The end of 2007 included eight own and another eleven chartered ships to the fleet with an approximate total capacity of 5900 TEUs.

  • Nicor ​​Enerchange, L.L.C.
  • Nicor ​​Energy Services Company
  • Nicor ​​Solutions, L.L.C.
  • Prairie Point Energy, L.L.C.

Nicor ​​owns 50 percent of Horizon Pipeline Company, LLC, which operates a gas pipeline. The other half belongs to the Morgan Energy Partners, LP, a publicly traded subsidiary of Kinder Morgan.

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