What’s an El Paso Corp. shareholder to do? With the annual shareholder meeting scheduled for 2 p.m. CST Tuesday in Houston’s George R. Brown Convention Center, the incumbent board of directors will know in less than 48 hours whether they will remain in control of the massive energy services corporation or whether they will be replaced by a tenacious group of energy professionals.
Brown
Articles from Brown
Wall Street Eyes Energy Software Giants
Deutsche Banc Alex. Brown analyst Ed Tirello initiated coverageof Caminus Corp. with a Strong Buy rating, predicting that theenergy industry’s spending on information technology and softwarewould grow significantly in the next few years.
Wall Street Eyes Energy Software Giants
Deutsche Banc Alex. Brown analyst Ed Tirello initiated coverageof Caminus Corp. with a Strong Buy rating, predicting that theenergy industry’s spending on information technology and softwarewould grow significantly in the next few years.
Industry Brief
Denver’s Tom Brown Inc. paid $16.2 million for an estimated 22Bcf of gas equivalent in reserves, with current net dailyproduction of 8 MMcf of equivalent gas in the Rocky Mountainregion’s Pavillion field. The transaction by the independent energycompany increases its working interest in the Pavillion to 90%, upfrom a previous 50% interest.
Analyst Predicts Electrics Will Swallow Gas
Anyone working for a gas company today won’t be in a few yearsif a prediction of BT Alex Brown Managing Director Edward TirelloJr. comes true. “On convergence, I believe that the electriccompanies will buy up all of the gas companies over the next fiveyears, and that will be the end of it.”
Analyst: Electrics Will Swallow Gas Companies
Anyone working for a gas company today won’t be in a few yearsif a prediction of BT Alex Brown Managing Director Edward TirelloJr. comes true. “On convergence, I believe that the electriccompanies will buy up all of the gas companies over the next fiveyears, and that will be the end of it.”