After surviving near-death experiences following the collapse in the energy merchant sector in 2002, The Williams Cos. and El Paso Corp. are both on the comeback trail, Standard & Poor’s (S&P) said in a recent report.
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S&P: Williams, El Paso on ‘Comeback Trail’
After surviving near-death experiences following the collapse in the energy merchant sector in 2002, The Williams Cos. and El Paso Corp. are both on the comeback trail, Standard & Poor’s (S&P) said in a recent report.
Dynegy Begins ‘Bolt-on’ Projects, to Consider ‘Modest’ Acquisitions
Two years after the company suffered from a near-death experience, Dynegy Inc. is now readying “bolt-on” projects to improve its current fleet of generators and natural gas midstream assets, CEO Bruce Williamson said Thursday.
Dynegy Begins ‘Bolt-on’ Projects, to Consider ‘Modest’ Acquisitions
Two years after the company suffered from a near-death experience, Dynegy Inc. is now readying “bolt-on” projects to improve its current fleet of generators and natural gas midstream assets, CEO Bruce Williamson said Thursday.
TXU Hints of Dividend Hike, Plans to Cut $1.5B in Debt in ’03
Calling the last year a “near death experience,” TXU Chairman Erle Nye promised to keep liquidity high and work aggressively to strengthen the company’s balance sheet. He said the Dallas-based utility’s stabilizing operations and improved earnings outlook may allow it to raise its dividend within the next two years.
TXU Hints of Dividend Hike, Plans to Cut $1.5B in Debt in ’03
Calling the last year a “near death experience,” TXU Chairman Erle Nye promised to keep liquidity high and work aggressively to strengthen the company’s balance sheet. He said the Dallas-based utility’s stabilizing operations and improved earnings outlook may allow it to raise its dividend within the next two years.
Standard Clearing Contract Could Cut Collateral Requirements
For an industry that’s been nearly litigated to death, some relief may be on the way in the form of new standardized contracts designed to lower risk, grease the gears of energy trading and sharply reduce collateral requirements in this time of extreme credit scrutiny.