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Columbia Pipeline Group history
Columbia Pipeline Group company history timeline
By 1989 only 30 percent of the natural gas moving through Columbia's pipelines was owned by the company, compared with 90 percent a decade earlier.
In 1990 unusually warm weather caused gas prices on the spot (short-term) market to remain much lower than expected.
Columbia Transmission agreed to pay about $1.2 billion to gas producers to settle its contracts, and $2.2 billion to its parent to settle a debt from 1991.
The previous chairman, John H. Croom, had said in 1992 that he would retire as soon as Columbia emerged from Chapter 11.
In 1993 Columbia Transmission got out of the onerous business of selling Columbia's gas, and became principally a storer and transporter.
The company anticipated strong earnings in 1996, when it could begin to put its era of bankruptcy behind it.
2015 – NiSource and Columbia Pipeline Group separate, creating NiSource as a stand-alone utility company
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Columbia Pipeline Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Exelon Energy | - | $23.0B | 33,383 | - |
| Gdf Suez Energy Resources Na | - | $3.5M | 125 | - |
| Southern California Edison | 1886 | $12.6B | 13,599 | 244 |
| Constellation Energy Partners | 2005 | $23.6B | 5,000 | 250 |
| Bonneville Power Administration | 1937 | $230.0M | 2,377 | - |
| Slipstream | 1980 | $8.6B | 150 | 11 |
| Energy Trust of Oregon | 2002 | $151.3M | 50 | - |
| The United Illuminating Company | 1899 | $590.0M | 750 | - |
| Gas Transmission Systems, Inc. (GTS) | - | $29.8M | 200 | - |
| PJM Interconnection | 1927 | $920.0M | 985 | 12 |
Columbia Pipeline Group history FAQs
Zippia gives an in-depth look into the details of Columbia Pipeline Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Columbia Pipeline Group. The employee data is based on information from people who have self-reported their past or current employments at Columbia Pipeline Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Columbia Pipeline Group. The data presented on this page does not represent the view of Columbia Pipeline Group and its employees or that of Zippia.
Columbia Pipeline Group may also be known as or be related to Columbia Pipeline Group Inc, Columbia Pipeline Group, Inc., COLUMBIA PIPELINE GROUP INC. and Columbia Pipeline Group.