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WGL Holdings – Company Overview

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WGL Holdings is a utility holding company that delivers gas and electricity to customers through its subsidiaries. The company through its subsidiaries markets and sells natural gas, and provides a variety of energy related products and services to the customers in District of Columbia, Maryland and Virginia.The company is headquartered in Washington, District of Columbia and employs about 1,800 people.

The company recorded revenues of $2,637.9 million during the fiscal year ended September 2006, an increase of 21.9% over 2005. The operating profit of the company was $202.4 million during fiscal year 2006, a decrease of 4.2% over 2005. The net profit was $87.6 million in fiscal year 2006, a decrease of 15.4% as compared to 2005.