Hearthstone Utilities Moving HQ to WV to Leverage Marcellus/Utica
Hearthstone Utilities, a Naperville, Illinois-based company, is moving its corporate headquarters to Morgantown, West Virginia. Why? According to CEO Morgan O'Brien, "We're very bullish on West Virginia and the idea of having a gas utility sitting on top of the Marcellus and Utica shales, and what that could mean." Hearthstone operates natural gas utilities in Indiana, Maine, Montana, North Carolina, Ohio, and with the purchase of Hope Gas from Dominion Energy earlier this year, it now operates in West Virginia (see Dominion Selling WV Utility – Deal Incl. 2K Miles Gathering Pipes).
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