Contributions

Tulsa, OK-based Oneok Inc. said Friday that its earnings guidance for 2004 remains at $2.12-2.18 per diluted share of common stock. The company also provided quarterly earnings-per-share guidance and updated segment operating income estimates due to changes in the market.

Riding the contributions from its numerous acquisitions during the year, Houston-based Enbridge Energy Partners LP. reported net income for the fourth quarter of $32.3 million, or $0.54 per unit, compared with $26 million, or $0.52 per unit, for the fourth quarter of the prior year. The company also posted year-end net income of $111.7 million, or $1.93 per unit, compared to $78.1 million, or $1.76 per unit, for 2002.

Riding the contributions from its numerous acquisitions during the year, Houston-based Enbridge Energy Partners LP. reported net income for the fourth quarter of $32.3 million, or $0.54 per unit, compared with $26 million, or $0.52 per unit, for the fourth quarter of the prior year. The company also posted year-end net income of $111.7 million, or $1.93 per unit, compared to $78.1 million, or $1.76 per unit, for 2002.

Strong contributions from its core regulated natural gas and electricity businesses are expected to help KeySpan Corp. improve earnings next year in the range of $2.55 to $2.75/share, the company said Monday. The Brooklyn, NY-based company also affirmed that its 2003 earnings will range between $2.45-$2.60/share, excluding special items.

In an effort to keep the country’s citizens informed on the latest happenings in the industry, the Canadian Association of Petroleum Producers (CAPP) said that it has teamed with the Small Explorers and Producers Association of Canada (SEPAC) to create a new, independent center of knowledge about the Canadian oil and gas industry.

Exelon Corp., a big new kid on the electricity block, is expected to begin trading today on the New York Stock Exchange under the symbol “EXC.” The new company is the product of the $8 billion merger of Unicom Corp. and PECO Energy Co. which was completed on Friday, following approval by the Securities and Exchange Commission.

Positive contributions from gathering, processing andinternational activities helped boost El Paso Energy’s secondquarter earnings to $0.45/share, an increase of 22% from $0.37 in2Q97. Earnings before interest and taxes increased to $149 millionfrom $139 million in the year ago quarter.