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Gas pipeline explosion kills two in Collin County, Texas


Gas pipeline explosion kills two in Collin County, Texas
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Reuters
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(Updates with Atmos Energy and Collin County Sheriff s office response)
June 29 (Reuters) - An explosion on a natural gas pipeline in Collin County, Texas, near the town of Farmersville, killed two people and injured three, local media reports https://bit.ly/3heQk2m said on Monday.
Atmos Energy Corp contractors were servicing a gas line in the area when the explosion happened, media reported.
Technicians continue to work with the fire departments and emergency first responders to monitor the situation and make sure the area is safe, the company said in an emailed response. ....

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Surprise driver for some Q1 gas utility earnings beats: winter storm windfalls


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14 May, 2021
Author
Tom DiChristopherGaurang Dholakia
Natural gas utilities reported another solid quarter of earnings to kick off 2021, with several gas distributors crediting winter storm tailwinds for profits that exceeded expectations and strong year-over-year gains.
Eight of nine gas utilities in a group selected by S&P Global Market Intelligence posted EPS that surpassed S&P Capital IQ consensus normalized earnings estimates. All of the companies posted year-over-year EPS gains, and five of those companies have now posted at least four consecutive quarters of earnings improvement.
The earnings period included February s devastating winter storms, which plunged parts of the Southern and Central U.S. into blackouts and contributed to dozens of deaths. The event led to a run on gas demand and extreme price spikes, resulting in sky-high gas purchase costs for some utilities. ....

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