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Condensed Consolidated Statements of Income (Unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES    
Natural gas operations$ 10,348,819$ 10,158,766$ 65,663,664$ 56,347,035
Marketing and production855,715638,4714,156,8825,624,803
Pipeline operations106,351104,461314,736319,418
Propane operations1,009,844 1,009,844 
Total revenues12,320,72910,901,69871,145,12662,291,256
COST OF SALES    
Natural gas purchased4,548,2244,803,02738,840,72432,343,603
Marketing and production585,810380,9343,193,5964,435,153
Propane purchased875,305 875,305 
Total cost of sales6,009,3395,183,96142,909,62536,778,756
GROSS MARGIN6,311,3905,717,73728,235,50125,512,500
OPERATING EXPENSES    
Distribution, general, and administrative4,635,3884,192,14213,922,68412,459,957
Maintenance235,635239,152792,827775,634
Depreciation and amortization1,153,4301,018,8573,256,9772,984,726
Accretion35,84933,991105,26292,836
Taxes other than income842,786789,4902,589,7322,548,725
Total operating expenses6,903,0886,273,63220,667,48218,861,878
OPERATING INCOME (LOSS)(591,698)(555,895)7,568,0196,650,622
LOSS FROM UNCONSOLIDATED AFFILIATE(2,024)(2,760)(85,174)(34,882)
OTHER INCOME (EXPENSE), net(261,625)264,922(29,838)393,857
INTEREST EXPENSE(552,341)(492,378)(1,458,194)(1,614,134)
GAIN ON BARGAIN PURCHASE1,054,861 1,054,861 
INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES(352,827)(786,111)7,049,6745,395,463
INCOME TAX BENEFIT (EXPENSE)482,353741,406(2,285,056)(1,311,444)
NET INCOME (LOSS)$ 129,526$ (44,705)$ 4,764,618$ 4,084,019
EARNINGS (LOSS) PER SHARE - BASIC$ 0.02$ (0.01)$ 0.58$ 0.68
EARNINGS (LOSS) PER SHARE - DILUTED$ 0.02$ (0.01)$ 0.58$ 0.68
WEIGHTED AVERAGE DIVIDENDS DECLARED PER COMMON SHARE$ 0.135$ 0.135$ 0.405$ 0.410
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC8,152,4876,072,9968,151,3706,040,063
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED8,160,0486,072,9968,159,3266,048,332