WILKES-BARRE, Pa., Jan. 28 /PRNewswire/ -- Pennsylvania Enterprises, Inc.
(NYSE: PNT) (PEI) announced today that it declared a dividend for the first
quarter of 1998 of $0.30 per common share. Also, PG Energy Inc., the natural
gas utility subsidiary of PEI, declared dividends for the first quarter on all
series of its preferred stock. All PEI and PG Energy dividends declared are
payable March 16, 1998, to shareholders of record on March 2, 1998.
PEI is a holding company with regulated and nonregulated subsidiaries.
The regulated group consists of PG Energy and its subsidiary, Honesdale Gas
Company, which together provide natural gas to approximately 150,000 customers
in thirteen counties in northeastern and central Pennsylvania. The
nonregulated group consists of PEI Power Corporation, Theta Land Corporation
and PG Energy Services and its subsidiary, Keystone Pipeline Services, Inc.
PEI news releases are available 24 hours a day by fax machine or by
visiting the Company website on http://www.pnt.com. To receive a fax copy of
our news releases call 1-800-758-5804 on a touch tone phone and use PEI's ID
No. 684209. Follow the prompted instructions to receive a copy of our most
recent news release or a menu of our latest news releases. Company news will
be faxed to you immediately without charge.
SOURCE Pennsylvania Enterprises, Inc.
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Related links:
http://www.pnt.com
CONTACT:
Albert Fereck of Pennsylvania Enterprises,
717-829-8756
CNOC: http://www.prnewswire.com or fax, 800-758-5804, ext.
684209
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