Overall, business for some of the major natural gas industry players — El Paso Corp., Kinder Morgan Inc., Duke Energy, Williams, Dynegy Corp., Calpine Corp. and Mirant — is “good,” but “first they need to show that their businesses have no similarity to Enron’s,” said Credit Suisse First Boston analyst Curt Launer. Launer recapped CSFB’s outlook for the natural gas sector, joined by power analysts to review what’s ahead for the gas and power industry.
Distance
Articles from Distance
Sempra Focuses Growth in Southwest, Targets $4 EPS by 2006
Attempting to distance itself from other California utility companies, executives with San Diego-based Sempra Energy, which owns the state’s third largest utility, instead zeroed in Thursday on its 8-10% expected growth, and explained to analysts how they hope to derive more than half of the company’s total income from business units outside the state — with a special focus on Northern Mexico — by 2004. Included in its plans for Mexico is a $500 million LNG terminal it expects to build with CMS Energy in Baja California.
October 8, 2001
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