Stock Symbol: ETR
639 Loyala Ave
Entergy Corporation Industry:
Entergy Corporation Description:
Entergy Corporation, with annual revenues of nearly $10 billion, is a major integrated energy company engaged in power production, distribution operations and related diversified services, with more than 15,000 employees. Entergy owns, manages or invests in power plants generating more than 30,000 megawatts of electricity domestically and internationally, and delivers electricity to about 2.6 million customers in portions of Arkansas, Louisiana, Mississippi and Texas. Through Entergy-Koch, L.P., it is also a leading provider of wholesale energy marketing and trading services, as well as an operator of natural gas pipeline and storage facilities.
Entergy Corporation Financial Summary:
Entergy Corporation is an integrated company engaged primarily in electric power production, retail distribution operations, energy marketing and trading and gas transportation. For the 6 months ended 6/30/05, total revenues rose 6% to $5.03B. Net income applic. to Common decreased 3% to $458.1M. Results reflect increased revenues from competitive businesses, offset by higher loss on equity in earnings of unconsolidated equity affiliates.
Entergy Corporation Business Summary:
Entergy Corporation is an energy company engaged in electric power production and retail electric distribution operations. It operates through three business segments: U.S. Utility, Non-Utility Nuclear and Energy Commodity Services. The U.S. Utility segment generates, transmits, distributes and sells electric power in Arkansas, Louisiana, Mississippi and Texas, and provides natural gas utility service in Louisiana. The Non-Utility Nuclear segment owns and operates five nuclear power plants, and sells electric power produced by those plants to wholesale customers. The Energy Commodity Services segment included Entergy-Koch, LP and the Company's non-nuclear wholesale assets business. Entergy also has a Competitive Retail Services business unit. In January 2004, Entergy sold its 50% interest in the Crete project, which is a 320-megawatt power plant located in Illinois. In November 2004, the Company sold its energy trading business, Entergy-Koch, LP.