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Consolidated Condensed Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Operating Revenues        
Oil and gas operations $ 233,515 $ 318,952 $ 856,940 $ 779,834
Natural gas distribution 61,809 59,616 327,183 415,497
Total operating revenues 295,324 378,568 1,184,123 1,195,331
Operating Expenses        
Cost of gas 20,924 21,748 94,179 185,916
Operations and maintenance 128,587 111,749 351,861 318,763
Depreciation, depletion and amortization 104,338 72,802 300,863 199,559
Income taxes        
Deferred     80,724 120,656
Asset impairment 0 0 21,545 0
Taxes, other than income taxes 20,110 20,129 65,868 69,399
Accretion expense 1,907 1,728 5,581 5,066
Total operating expenses 275,866 228,156 839,897 778,703
Operating Income 19,458 150,412 344,226 416,628
Other Income (Expense)        
Interest expense (17,198) (11,976) (48,458) (30,843)
Other income 1,523 619 3,740 1,727
Other expense (84) (2,074) (305) (1,449)
Total other expense (15,759) (13,431) (45,023) (30,565)
Interest Charges        
Income Before Income Taxes 3,699 136,981 299,203 386,063
Income tax expense 1,653 49,382 108,464 140,871
Net Income 2,046 87,599 190,739 245,192
Diluted Earnings Per Average Common Share $ 0.03 $ 1.21 $ 2.64 $ 3.39
Basic Earnings Per Average Common Share $ 0.03 $ 1.22 $ 2.64 $ 3.40
Dividends Per Common Share $ 0.140 $ 0.135 $ 0.420 $ 0.405
Diluted Average Common Shares Outstanding 72,316 72,375 72,301 72,409
Basic Average Common Shares Outstanding 72,130 72,068 72,121 72,045
Alabama Gas Corporation
       
Operating Revenues        
Natural gas distribution 61,809 59,616 327,183 415,497
Operating Expenses        
Cost of gas 20,924 21,748 94,179 185,916
Operations and maintenance 37,235 33,001 107,470 106,535
Depreciation, depletion and amortization 10,572 9,980 31,551 29,606
Income taxes        
Current (9,242) (9,414) 13,567 3,456
Deferred 3,264 3,664 9,431 16,626
Taxes, other than income taxes 5,821 5,568 23,718 27,899
Total operating expenses 68,574 64,547 279,916 370,038
Operating Income (6,765) (4,931) 47,267 45,459
Other Income (Expense)        
Interest expense (4,164) (3,835) (12,185) (10,988)
Allowance for funds used during construction 187 260 452 652
Other income 787 326 1,925 941
Other expense (84) (913) (254) (720)
Total other expense 890 (327) 2,123 873
Interest Charges        
Interest on long-term debt 3,423 3,025 10,270 9,106
Other interest expense 741 810 1,915 1,882
Net Income $ (10,039) $ (9,093) $ 37,205 $ 35,344