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Enter Symbol:
 
Southern Union Company (SUG) [hlAlert]

Rating:
Hold SUG

Southern Union Company (SUG) rated Hold

Posted on: Tuesday,  Nov 13, 2007  9:25 AM ET by Banc of America Sec

Southern Union Company (SUG) rated
Hold with price target $33.00 by Banc of America Sec.

Southern Union Company (Southern Union) owns and operates assets in the regulated and unregulated natural gas industry. The Company primarily engaged in the gathering, processing, transportation, storage and distribution of natural gas in the United States. The Company operates in three segments: Transportation and Storage, Gathering and Processing, and Distribution. The Transportation and Storage segment is primarily engaged in the interstate transportation and storage of natural gas, and also provides liquefied natural gas (LNG) terminalling and regasification services. The Gathering and Processing segment is primarily engaged in the gathering, treating, processing and redelivery of natural gas and natural gas liquids (NGL) in Texas and New Mexico. The Distribution segment is primarily engaged in the local distribution of natural gas in Missouri and Massachusetts.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2007 9:25 AM Hold
None
30.95 33.00
as of 12/24/2008
1 Week down  -2.86 %
1 Month up  2.64 %
3 Months up  22.25 %
1 YTD down  -34.49 %

(*) Stock Price at the time of the recommendation.
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