Energy, Inc. Announces Monthly Dividend of $0.045 Per Share
16 September 2009 - 12:25AM
PR Newswire (US)
GREAT FALLS, Mont., Sept.15 /PRNewswire-FirstCall/ -- Energy, Inc.
(NASDAQ:EGAS), a natural gas utility and energy marketing company,
announced that its Board of Directors declared a monthly dividend
of $0.045 per share to shareholders of record as of September 15,
2009. The dividend will be payable on September 30, 2009. About
Energy, Inc. Energy, Inc. distributes and sells natural gas to
end-use residential, commercial, and industrial customers. It
distributes approximately 26 billion cubic feet of natural gas to
approximately 37,000 customers through regulated utilities
operating in Montana, Wyoming, North Carolina and Maine. The
company markets approximately 2.3 billion cubic feet of natural gas
to commercial and industrial customers in Montana and Wyoming on an
unregulated basis. The company also has a majority ownership
interest in 160 natural gas producing wells and gas gathering
assets. In addition, the company owns the Shoshone interstate and
the Glacier gathering pipelines located in Montana and Wyoming. The
company's Montana public utility was originally incorporated in
1909 and is headquartered in Great Falls, Montana. Safe Harbor
Regarding Forward-Looking Statements The company is including the
following cautionary statement in this release to make applicable
and to take advantage of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 for any forward-looking
statements made by, or on behalf of, Energy, Inc. Forward-looking
statements are all statements other than statements of historical
fact, including, without limitation, those that are identified by
the use of the words "anticipates," "estimates," "expects,"
"intends," "plans," "predicts," "believes" and similar expressions.
Such statements are inherently subject to a variety of risks and
uncertainties that could cause actual results to differ materially
from those expressed. Factors that may affect forward-looking
statements and the company's business generally include but are not
limited to the company's continued ability to make dividend
payments, the company's ability to implement its business plan,
fluctuating energy commodity prices, the possibility that
regulators may not permit the company to pass through all of its
increased costs to its customers, changes in the utility regulatory
environment, wholesale and retail competition, weather conditions,
litigation risks, and various other matters, many of which are
beyond the company's control, the risk factors and cautionary
statements made in the company's public filings with the Securities
and Exchange Commission, and other factors that the company is
currently unable to identify or quantify, but may exist in the
future. Energy, Inc. expressly undertakes no obligation to update
or revise any forward-looking statement contained herein to reflect
any change in Energy, Inc.'s expectations with regard thereto or
any change in events, conditions or circumstances on which any such
statement is based. For additional information or clarification
regarding Energy, Inc., please contact: Kevin Degenstein, President
and Chief Operating Officer. The company's toll-free number is
(800) 570-5688. The company's web site is http://www.ewst.com/. The
company's address is 1 First Avenue South, Great Falls, Montana
59401. DATASOURCE: Energy, Inc. CONTACT: Kevin Degenstein,
President and Chief Operating Officer of Energy, Inc.,
1-800-570-5688 Web Site: http://www.energywest.com/
http://www.ewst.com/
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