Company Profile For BG Group plc

BG Group plc (BG.L) (London Stock Exchange)
sector: Energy · industry: Integrated Oil & Gas ·
As of  1:32pm GMT
1,128.50GBp
Price Change
+3.00
Percent Change
+0.27%
 
 
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Overview

BG Group plc is engaged in the exploration, development, production, transmission, distribution and supply of natural gas and oil. The Company operates in four segments: Exploration and Production (E&P), Liquefied Natural Gas (LNG), Transmission and Distribution (T&D), and Power Generation (Power). On November 14, 2008, BG Group's wholly owned subsidiary, BG International (AUS) Investments Pty Limited, acquired a 90% interest in Queensland Gas Company Limited. In March 2009, BG International (AUS) Investments Pty Ltd completed compulsory acquisition of all outstanding shares in Queensland Gas Company Limited. As of March 31, 2009, BG International (AUS) Investments Pty Limited held a 96.68% interest in Pure Energy Resources Limited. In April 2009, the Company acquired a relevant interest in 99.74% of Pure Energy Resources Limited.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, BG Group plc's revenues decreased 21% to £7.57B. Net income decreased 28% to £1.7B. Revenues reflect a decrease in income from Exploration & Production division. Net income also reflects an increase in operating costs, lower operating margin, a decrease in finance income and higher finance costs. BG Group plc is engaged in the exploration, development, production, transmission and supply of natural gas & oil.

Company Address

BG Group plc
100 Thames Valley Park Drive
Reading
Berkshire     RG6 1PT
P: +44118.9293025
F: +44118.9353484

Total Employees

5854

Find Out More About BG.L

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