Northwest Natural Gas Company · Portland, OR United States ·(NYSE: NWN)
Company Description
Phone: 503-226-4211
Fax: 503-721-2506
Rankings
- S&P 600
View Northwest Natural Gas Company Locations On A US Map
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This link will open in a new window Warmth in the Pacific Northwest comes naturally for Northwest Natural Gas, which does business as NW Natural. The company provides natural gas to 599,000 residential, 62,000 commercial, and 1,000 industrial customers in western Oregon (including Portland) and southwestern Washington (including Vancouver) through its 13,800 miles of transmission and distribution mains and service lines. NW Natural also offers gas transportation and storage services through Gill Ranch Storage (gas storage) and Palomar Gas Transmission. It also owns pipeline investment company NNG Financial Corporation. To read the full description, subscribe now.
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Key Northwest Natural Gas Company Financials
| Company Type | Public - NYSE: NWN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,012.8 |
| 2008 Employees | 1,117 |
Northwest Natural Gas Company Executives
26 executives listed for Northwest Natural Gas Company's Portland, OR location.
| Title | Name & Bio | Contact |
| Chairman | Russell Tromley | Network |
| President and CEO | Gregg Kantor | Network |
| SVP and CFO | David Anderson | Network |
Competition
Competitive Landscape for Northwest Natural Gas Company
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Northwest Natural Gas Company Competitors
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