SOURCE: World Street Fundamentals

June 17, 2011 09:00 ET

Equity Research on Southern Union Company and El Paso Corporation - Pipelines Benefit From Oil Numbers

HONG KONG--(Marketwire - Jun 17, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Southern Union Company (NYSE: SUG) and El Paso Corporation (NYSE: EP). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

It is expected that fee-based pipeline and terminal operators will continue to expand earnings well in excess of anticipated real U.S. GDP growth in 2011. The improving global economy and higher crude oil prices will benefit storage and transportation companies. The recent surge in foreign investment entering North American onshore unconventional resources such as oil sands has kept M&A markets strong and placed upward pressure on industry valuations. The EIA estimated that natural gas consumption rose 5.7% in 2010. The EIA estimates that natural gas consumption will increase 0.5% in 2011 and 0.7% in 2012.

World Street Fundamentals has highlighted Southern Union as a company engaged in the gathering, processing, transportation, storage and distribution of natural gas in the United States. The Company owns and operates assets in the regulated and unregulated natural gas industry. Southern Union operates in three segments: Transportation and Storage, Gathering and Processing, and Distribution. The entire report on Southern Union Company (NYSE: SUG) is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted El Paso Corporation as an energy company, which operates in the natural gas transmission and exploration and production sectors of the energy industry. It operates in two segments: Pipelines and Exploration and Production. It also has a Marketing segment. Pipelines segment includes its interstate natural gas transmission systems and related operations conducted through eight wholly or majority owned pipeline systems and two partially owned systems. The entire report on El Paso Corporation (NYSE: EP) is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

About World Street
World Street Fundamentals is an online portal for professionals, investors and new-comers to the markets to find in depth comprehensive research and research tools to help guide you through the ever changing financial markets. Covering the top performers in the hottest sectors and providing clarity to investors around the world.

Contact Information