Confident

KeySpan Corp. (KSE) revealed that it will be taking a $30 million after-tax second quarter charge, or 22 cents per share, against earnings to tie up some recently discovered loose ends on several construction projects of its Roy Kay Companies subsidiary, which it purchased last year. CEO Robert Catell also said the recent declines in gas and power prices have forced a downward revision in full-year results for the company.

With the company’s NRG Energy independent power producer unit leading the way, Xcel Energy Inc. is raising its earnings estimates for this year to $2.30 per share, up from previous estimates of $2.20 per share. Meanwhile, executives at the company last Tuesday sought to allay any possible concerns about Xcel’s supply position heading into the summer months.

With the company’s NRG Energy independent power producer unit leading the way, Xcel Energy Inc. is raising its earnings estimates for this year to $2.30 per share, up from previous estimates of $2.20 per share. Meanwhile, executives at the company Tuesday sought to allay any possible concerns about Xcel’s supply position heading into the summer months.

Confident in the pliability of their wildly successful businessmodel that has transformed the energy industry, Enron needed nodog-and-pony show as executives trotted out forecasts during aninvestor’s conference last week. In the space of a few hours, theHouston-based giant’s executives stressed one point again andagain: they fully expect to remain the leader in every field theyenter into the foreseeable future.

Confident in the pliability of their wildly successful businessmodel that has transformed the energy industry, Enron needed nodog-and-pony show as executives trotted out forecasts during aninvestor’s conference yesterday. In the space of a few hours, theHouston-based giant’s executives stressed one point again andagain: they fully expect to remain the leader in every field theyenter into the foreseeable future.

The coming winter season should have little effect on thenatural gas supplies in New England, which, according to oneofficial, now has the “best supply portfolio” ever.

The coming winter season should have little effect on the natural gas supplies in New England, which, according to one official, now has the “best supply portfolio” ever.

Maritimes & Northeast Pipeline said it’s confident aresolution to a dispute with the Mi’kmaq Indians in Nova Scotia canbe reached in time to avoid a delay in initial service past Dec. 1.

Amid confirmation that volumes of exports to the United Statesare on the rise and confident predictions that prices will staystrong, Canadian natural gas drilling is accelerating rapidly. Thenumber of gas-well completions in western Canada is expected to hitat least 8,200 next year.