Demand Fundamentals
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Demand Technicals
Company Profile
Nicor Inc., through its subsidiaries, engages in the distribution of natural gas in the United States. The company distributes natural gas to approximately 2.2 million residential, commercial, and industrial customers in northern Illinois. It also provides natural gas storage and transmission-related services to marketers and other gas distribution companies. The company's gas distribution, transmission, and storage system includes approximately 34,000 miles of steel, plastic, and cast iron main- approximately 2.0 million steel, plastic/aluminum composite, plastic, and copper services connecting the mains to customers' premises- and 8 underground storage fields. In addition, Nicor Inc. involves in the transportation of containerized freight in the Bahamas and the Caribbean region- and inland transportation and provision of cargo insurance. Its shipments consist primarily of southbound cargo, such as building materials, food, and other necessities for developers, manufacturers, and residents in the Caribbean and the Bahamas, as well as tourist-related shipments intended for use in hotels and resorts, and on cruise ships- and interisland shipments and northbound shipments of apparel and agricultural products. As of December 31, 2010, the company operated a fleet of 11 owned vessels and 3 chartered vessels with a container capacity totaling approximately 4,970 twenty-foot equivalent units. Further, it owns and/or leases containers, container-handling equipment, chassis, and other equipment. Additionally, the company involves in the marketing of energy-related products and services, including warranty and maintenance contracts, as well as repair and installation services of heating, air conditioning and indoor air-quality equipment, and customer move connection services for other utilities- and wholesale marketing of natural gas supply services. Nicor Inc. was founded in 1953 and is based in Naperville, Illinois.
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