DOMINION EXPANDS ITS HOLDINGS LOUIS DREYFUS NATURAL GAS CORP. IS PURCHASED FOR $1.8 BILLION.(BUSINESS)

From: The Virginian-Pilot (Norfolk, VA) | Date: September 11, 2001 | Copyright information

Byline: STAFF AND WIRE REPORT

RICHMOND -- Dominion Resources Inc. is buying Louis Dreyfus Natural Gas Corp. for $1.8 billion in cash and stock in a deal that will increase its natural gas reserves by 60 percent.

The deal announced Monday also calls for Richmond-based Dominion to assume $505 million in Louis Dreyfus debt.

Dominion is the parent company of Dominion Virginia Power, the state's largest power company. Virginia Power has 626,000 electricity customers in Hampton Roads.

In all, Dominion has about 4 million customers in the mid-Atlantic, Midwest and ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Virginia Firm to Buy Louis Dreyfus Natural Gas Corp.
Newspaper article from: Knight Ridder/Tribune Business News ; ...significant supply of natural gas are ripe for a...Oklahoma City-based Louis Dreyfus Natural Gas Corp., the latest...Levy, who covers Louis Dreyfus for CIBC World Markets in Houston. Natural gas is a market that...fashion, he said. Louis ...
Louis Dreyfus agrees to end contract for about $44 million
Newspaper article from: The Journal Record ; OKLAHOMA CITY (JR) -- Louis Dreyfus Natural Gas on Monday said...a fixed-price natural gas contract for about...Oklahoma City-based Louis Dreyfus to sell 6 billion...outstanding debt. Louis Dreyfus Natural Gas is an independent...
BUYING LOUIS DREYFUS INCREASES DOMINION'S NATURAL GAS ASSETS SIGNIFICANTLY
Magazine article from: Hart's Petroleum Finance Week ; ...no significant natural gas price rebound...apparently led Louis Dreyfus Natural Gas Corp.'s (NYSE...keep most of Louis Dreyfus's organization...buying lower-value natural gas producers," Gerdes...who follows Louis Dreyfus for Dain ...
French Company to Increase Investment in Louis Dreyfus
Newspaper article from: The Journal Record ; ...increased its holdings in Louis Dreyfus Natural Gas Corp. of Oklahoma City...Exchange trading Monday, Louis Dreyfus Natural Gas common stock closed at...and changed its name to Louis Dreyfus Natural Gas, which was operated as...
Louis Dreyfus closes merger with American Exploration
Newspaper article from: The Journal Record ; ...American Exploration into Louis Dreyfus Natural Gas was completed Tuesday...of Oklahoma City-based Louis Dreyfus Natural Gas. "We are extremely pleased...receive 0.72 shares of Louis Dreyfus Natural Gas common stock plus $3...
Dominion Resources to acquire Louis Dreyfus for 3.80 times revenue
Magazine article from: Weekly Corporate Growth Report ; ...has agreed to purchase Louis Dreyfus Natural Gas Corp. for $1.8 billion...increase its proven natural gas reserves by 60 percent...assume $505 million of Louis Dreyfus debt. After news of...62.63. Discussion: Louis Dreyfus Natural Gas ...
Dominion to buy Louis Dreyfus
Newspaper article from: Charleston Gazette ; ...percent by purchasing Louis Dreyfus Natural Gas Corp. for $1.8 billion...The acquisition of Louis Dreyfus Natural Gas is a natural fit - economically...stock for each share of Louis Dreyfus Natural Gas common stock. Mark E...
Louis Dreyfus parlays 150 years of commodity experience into energy services.(Midstream Player)(Louis Dreyfus Energy Corp insight)
Magazine article from: Pipeline & Gas Journal ; You name it and Louis Dreyfus knows how to sell...company, but today, Louis Dreyfus Energy Services...limited partnership. Louis Dreyfus has long followed...pipeline system, Louis Dreyfus markets some 350,000 bpd of natural gas liquids (NGLs) and...660 MMcf/d ...
Louis Dreyfus to Acquire 75 Producing Properties
Newspaper article from: The Journal Record ; Louis Dreyfus Natural Gas Corp. has signed a...expands the presence of Louis Dreyfus Natural Gas in this attractive...acreage in 1995." Louis Dreyfus is an independent...and production of natural gas and oil and the marketing...
LOUIS DREYFUS NATURAL GAS REGISTERS TO OFFER COMMON STOCK
Magazine article from: Hart's Petroleum Finance Week ; Louis Dreyfus Natural Gas Corp. registered with the SEC...opportunities. The secondary offering by Louis Dreyfus Natural Gas' majority shareholder will increase...are managing underwriters. Louis Dreyfus Natural Gas expects the offering to ...

Find more facts and information related to the article "DOMINION EXPANDS ITS HOLDINGS LOUIS DREYFUS ..."