Laclede Group Inc. (LG)

The Laclede Group, Inc. operates as a public utility holding company. The companys principal subsidiary, Laclede Gas Company, provides natural gas service to approximately 630,000 residential, commercial, and industrial customers in metropolitan St. Louis and surrounding counties in eastern Missouri. Its primary non-regulated subsidiary, Laclede Energy Resources, Inc., markets natural gas and related services to both on-system utility transportation customers and customers outside of its utilitys traditional service area. The company was founded in 1857 and is based in St. Louis, Missouri.

For the fiscal year ended 30 September 2006, The Laclede Group, Inc.'s revenues increased 25% to $2B. Net income applicable to Common increased 22% to $49M. Revenues reflect higher sales from regulated gas distribution, non regulated services and non regulated gas marketing divisions due to higher price volatility. Net income was partially offset by higher maintenance costs and increased depreciation & amortization charges.