<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Indiana Gas
Company, Inc.'s consolidated financial statements as of September 30, 1994, and
for the fiscal year then ended and is qualified in its entirety by reference to 
such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1994
<PERIOD-END>                               SEP-30-1994
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      533,016
<OTHER-PROPERTY-AND-INVEST>                        393
<TOTAL-CURRENT-ASSETS>                          90,478
<TOTAL-DEFERRED-CHARGES>                        26,095
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 649,982
<COMMON>                                       142,995
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            117,300
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 260,295
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                           156,851
<SHORT-TERM-NOTES>                              30,550
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                        0
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 202,286
<TOT-CAPITALIZATION-AND-LIAB>                  649,982
<GROSS-OPERATING-REVENUE>                      475,297
<INCOME-TAX-EXPENSE>                            19,467
<OTHER-OPERATING-EXPENSES>                     407,987
<TOTAL-OPERATING-EXPENSES>                     427,454
<OPERATING-INCOME-LOSS>                         47,843
<OTHER-INCOME-NET>                               2,790
<INCOME-BEFORE-INTEREST-EXPEN>                  50,633
<TOTAL-INTEREST-EXPENSE>                        16,037
<NET-INCOME>                                    34,596
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   34,596
<COMMON-STOCK-DIVIDENDS>                        23,400
<TOTAL-INTEREST-ON-BONDS>                       14,798
<CASH-FLOW-OPERATIONS>                          88,290
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0