Northwest Natural Gas Co.
| New York Stock Exchange: NWN
Similar to: South Jersey Industries
Northwest Natural Gas Co. distributes natural gas to residential, commercial, and industrial customers. It operates through two segments: Local Gas Distribution and Gas Storage. The Local Gas Distribution segment is engaged in the distribution of natural gas in Oregon and southwest Washington and is involved in building and maintaining pipeline distribution system, purchasing gas from producers and marketers, contracting for the transportation of gas over pipelines from regional supply basins to territory, reselling gas commodity to customers and transporting gas commodities owned by customers from an interstate pipeline connection. The Gas Storage segment primarily consists of two underground natural gas storage facilities, including the non-utility portion of Mist gas storage facility near Mist, Oregon and portion of the Gill Ranch gas storage facility near Fresno, California. The company was founded by H. C. Leonard and John Green on January 7, 1859 and is headquartered in Portland, OR.