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Blue Chip Growth

Stock Report: Laclede Group Inc. (LG) Report Updated: Jun 17, 2013 | Print This Page

Get more stock ratings by Louis Navellier

Laclede Group Inc. (LG)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Gas Utilities
Competitors: NFG, UGI, APU, SPH
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Laclede Group Inc.© quotemedia

Company Profile

The Laclede Group, Inc., through its subsidiaries, engages in the retail distribution, sale, and marketing of natural gas. The company serves approximately 625,000 residential, commercial, and industrial customers in the city of St. Louis and surrounding counties in eastern Missouri. It is also involved in marketing natural gas and related activities on non-regulated basis to on-system utility transportation customers and customers outside of the traditional service territory, including large retail and wholesale customers. In addition, the company engages in the transportation of liquid propane; real estate development; compression of natural gas; and financial investments in other enterprises. The Laclede Group, Inc. was founded in 1857 and is based in St. Louis, Missouri.