Nicor Inc. · Naperville, IL United States ·(NYSE: GAS)
Company Description
Phone: 630-305-9500
Fax: 630-983-9328
Rankings
- S&P 500
View Nicor Inc. Locations On A US Map
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This link will open in a new window Nicor heats the hearths of the Heartland and carries cargo in the Caribbean. The holding company's principal subsidiary, gas utility Northern Illinois Gas (doing business as Nicor Gas), has 34,000 miles of mains and service pipes that distribute natural gas to about 2.2 million residential, commercial, and industrial customers in Illinois, excluding the city of Chicago; it obtains its supply through long-term contracts and on the spot market. Nicor Gas also operates the Chicago Hub, which provides natural gas storage and transmission-related services to marketers and other gas distribution companies. Nicor also ships container cargo through its Florida-based Tropical Shipping subsidiary. To read the full description, subscribe now.
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Key Nicor Inc. Financials
| Company Type | Public - NYSE: GAS Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $3,776.6 |
| 2007 Employees | 3,900 |
Nicor Inc. Executives
27 executives listed for Nicor Inc.'s Naperville, IL location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO, Nicor and Nicor Gas | Russ Strobel | Network |
| EVP and CFO, Nicor and Nicor Gas | Richard Hawley | Network |
| VP, Information Technology, Nicor and Nicor Gas | Barbara Zeller | Network |
Competition
Competitive Landscape for Nicor Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Nicor Inc. Competitors
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