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Southern Co. Gas swings to loss in last quarter as AGL

SouthernCo. Gas reported a net loss attributable to the company of $51 million,or 43 cents per share, in the second quarter, compared to net income attributableto the company of $42 million, or 35 cents per share, in the prior-year quarter.

The company operated as AGL Resources through the secondquarter. Its acquisitionby Southern Co.was completed July 1, and AGL was renamed.

Adjusting for merger-related expenses, the utility companylost 11 cents per share, according to the company's quarterly report.

Consolidated EBIT, adjusted to include merger-related expensesof $53 million, amounted to a loss of $24 million in the second quarter, comparedto $111 million of income in the second quarter of 2015.

Operating revenues for the second quarter totaled $571million, compared to $674 million in the year-ago period.