July 12, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Energy, Inc. (AMEX: EGAS), a natural gas utility company serving around 62,000 customers in six states, said that it has completed its reincorporation from Montana to Ohio and changed its name to Gas Natural, Inc.  The reincorporation was approved at the company’s June 30 annual meeting of shareholders and was effective as of July 9.

Kevin J. Degenstein, COO of Gas Natural Inc., said the move was due to the company’s growth over the last few years, in which it has expanded into new geographical areas. He said that moving the incorporation to Ohio will enhance the firm’s flexibility and provide, …”a more efficient and sophisticated platform from which to operate.”

Degenstein added that the move reflected the firm’s focus on natural gas distribution.

A company statement claimed that the reincorporation will not result in any changes in the assets, operations or management of the company. The company said it will continue trading, uninterrupted, under its current ticker symbol.

Gas Natural distributes and sells natural gas to end-use residential, commercial, and industrial customers. It distributes around 29 billion cubic feet of natural gas to around 62,000 customers through regulated utilities operating in Montana, Wyoming, Ohio, Pennsylvania, Maine and North Carolina.

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