WILLIAMSPORT, Pa., May 5 /PRNewswire/ -- Pennsylvania Enterprises, Inc.
(PEI) (NYSE: PNT), today announced a 30 cent-per-share dividend on its common
stock for the second quarter of 1999.
PG Energy Inc., the natural gas subsidiary of PEI, also declared dividends
for the first quarter on the 4.10 percent and 5.75 percent series of its
preferred stock.
All dividends are payable June 15, 1999 to shareowners of record on
June 1, 1999.
PEI, of Wilkes-Barre, Pa., is a holding company with regulated and
non-regulated subsidiaries. The regulated group consists of PG Energy and its
subsidiary, Honesdale Gas Company, which together deliver natural gas to more
than 153,000 customers in 13 counties in northeastern and central
Pennsylvania. The non-regulated group consists of PEI Power Corporation,
Theta Land Corporation and PG Energy Services and its subsidiary, Keystone
Pipeline Services, Inc.
PG Energy Services markets energy and energy products in a large area of
Pennsylvania. PG Energy Services, under the marketing name of PG Energy
PowerPlus, sells natural gas and is marketing electricity to residential,
commercial and industrial customers participating in Pennsylvania's Electric
Choice Program.
PG Energy PowerPlus also markets home and business security systems, fire
detection and environmental hazard monitoring systems and Custom Care, a
service maintenance contract for natural gas- and propane-fired heating
equipment and appliances.
PEI news releases are available 24 hours a day on the Company web site at
http://www.pnt.com. Selected news releases are available by calling 1-800-758-5804
on a touch-tone phone. By following the prompted directions and using PEI's
ID number 684209, callers may have Company news releases faxed to them
immediately without charge.
SOURCE Pennsylvania Enterprises, Inc.
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Related links:
http://www.pnt.com
Company News On-Call:
http://www.prnewswire.com/comp/684209.html or fax,
800-758-5804, ext. 684209
CONTACT:
John J. Hambrose of Pennsylvania Enterprises,
570-829-8756
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