Back to top

Analyst Blog

Trillium CNG, a business wing of diversified energy holding company Integrys Energy Group (TEG - Analyst Report), entered into a joint venture with Chicago based integrated transportation company, AMP Americas, to build a network of compressed natural gas (“CNG”) stations across the US. This will be done through the joint venture company AMP Trillium.

AMP Trillium will initially try to rope in the long distance trucking fleets and hence the first CNG stations will be commissioned along the I-65 and I-75 truck corridors. CNG and renewable CNG will reduce the carbon footprint thereby rendering environmentally beneficial service.

In addition, modern technology based equipment will enable fast fueling of the trucks resulting in efficient transportation services. The first station is expected to come online by the second half of 2012.

The combined project will substantially add to Integrys’ vast energy delivery business and strengthen Trillium CNG’s profile in the alternative fuel industry. In addition, Integrys’ transportation cost burden resulting from rise in fuel prices will be mitigated with the placing of cost-effective CNG units. With increasing focus on use of clean emission based products in the US economy, demand for CNG is expected to surge which will boost the company’s sales in the coming years.

At the inception of the second quarter, Integrys inked a deal with Golden Eagle Distributors to bring two compressed natural gas fueling stations in the state of Arizona. The high pressured storages will enable trucks to fuel at a much faster rate.  

The company’s closest competitor Wisconsin Energy Corporation (WEC - Analyst Report) is also solidifying its position in the renewable market with its construction of a 50-megawatt biomass plant in Northern Wisconsin. The company’s management expects electricity delivered from renewable sources to constitute 10% in 2015, up from 5% in 2010.

Integrys’ pro forma earnings guidance for 2012 is estimated to be in the band of $3.35 – $3.55 per share. The company evaluates GAAP earnings in 2012 to be in the range of $3.38 – $3.58 per share.

The Zacks Consensus Estimates for the second quarter and full year 2012 are currently pegged at 38 cents per share and $3.43 per share, respectively.

Based in Illinois, Chicago, the company provides products and services, in both regulated and non-regulated energy markets, through its subsidiaries. In addition, the company has a 34% equity ownership interest in American Transmission Company LLC (ATC), an electric transmission company operating in Wisconsin, Michigan, Minnesota, and Illinois.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
UNITED THER… UTHR 117.83 +28.51%
TRIQUINT SE… TQNT 20.67 +6.52%
RF MICRO DE… RFMD 12.47 +6.04%
VASCO DATA… VDSI 14.77 +4.68%
BANCO DO BR… BDORY 15.53 +3.95%