Post 200: Top D.C.-Area Businesses

WGL Holdings / WGL

Washington Gas Safety Compliance auditors travel across the service territory to train, monitor and evaluate the company's safety performance.

Washington Gas Safety Compliance auditors travel across the service territory to train, monitor and evaluate the company's safety performance. (Photo: Courtesy of company.)

About WGL Holdings

101 Constitution Ave. NW, Washington, D.C. 20080
www.wglholdings.com | 703-750-1000 | Founded: 1848

Industry: Energy | Category: Public Companies

WGL Holdings, parent company of Washington Gas, has about 1 million customers in the District, Maryland and Virginia. It plans on modest growth by adding residential and commercial customers to its regulated utility business. Nearly 60 percent of Washington area consumers use natural gas to heat their homes, and the region has grown steadily. Rate increases raised revenue by $25.9 million. WGL also plans to expand its unregulated retail energy business.

Chairman and CEO: James H. DeGraffenreidt Jr.

President and COO: Terry D. McCallister

2007 Financial Data

Revenues: $2,646,010,000 | Net Income: $107,900,000
Asssets: $3,046,360,000 | Earnings Per Share: $2.19
Stockholder Equity: $980,767,000 | Annual Dividend: $1.37
Total employees: 1,638 | Local employees: 1,638

Company Leadership

Michael D. Barnes Director
George P. Clancy Jr. Director
James W. Dyke Director
Melvyn J. Estrin Director
James Lafond Director
Debra L. Lee Director
Karen Hastie Williams Director
James H. Degraffenreidt Jr. Chairman and Chief Executive Officer
James H. DeGraffenreidt Jr. Chairman and Chief Executive Officer

Source: Compensation data provided by Equilar, Inc..

Did You Know

LIGHT ON THE HILL: WGL goes back to 1848, when Congress chartered the Washington Gas Light Company to illuminate the U.S. Capitol and its grounds.

Working at WGL Holdings

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