<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Indiana Gas
Company, Inc.'s consolidated financial statements as of March 31, 1996, and for
the six months then ended and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-END>                               MAR-31-1996
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                      561,727
<OTHER-PROPERTY-AND-INVEST>                        184
<TOTAL-CURRENT-ASSETS>                         147,099
<TOTAL-DEFERRED-CHARGES>                        16,537
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                                 725,547
<COMMON>                                       142,995
<CAPITAL-SURPLUS-PAID-IN>                            0
<RETAINED-EARNINGS>                            155,417
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 298,412
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<LONG-TERM-DEBT-NET>                           193,693
<SHORT-TERM-NOTES>                                   0
<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>                 233,442
<TOT-CAPITALIZATION-AND-LIAB>                  725,547
<GROSS-OPERATING-REVENUE>                      376,862
<INCOME-TAX-EXPENSE>                            25,998
<OTHER-OPERATING-EXPENSES>                     300,930
<TOTAL-OPERATING-EXPENSES>                     326,928
<OPERATING-INCOME-LOSS>                         49,934
<OTHER-INCOME-NET>                                 904
<INCOME-BEFORE-INTEREST-EXPEN>                  50,838
<TOTAL-INTEREST-EXPENSE>                         8,080
<NET-INCOME>                                    42,758
<PREFERRED-STOCK-DIVIDENDS>                          0
<EARNINGS-AVAILABLE-FOR-COMM>                   42,758
<COMMON-STOCK-DIVIDENDS>                        12,500
<TOTAL-INTEREST-ON-BONDS>                        7,468
<CASH-FLOW-OPERATIONS>                          55,009
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0