Maritimes & Northeast Pipeline said it is ready to expand its system to 1 Bcf/d to make room for new gas supply from offshore Nova Scotia and to serve growing electric generation load in the Northeast. The pipeline company is holding an open season for its Phase IV expansion through Sept. 21.
Expects
Articles from Expects
Cheney Sees Energy Bills Adopted by Year’s End
Vice President Dick Cheney says he expects to see a broad range of energy legislation passed by Congress and signed into law by President Bush by the end of the year.
July 18, 2001
El Paso to Beat 2Q Consensus
El Paso Corp. reported that it expects its second quarter earnings to come in between $0.77 and $0.79 per diluted share, net of non-recurring merger and other charges. The company’s estimate compares to the current First Call consensus earnings of $0.76 per share and second quarter 2000 earnings of $0.58 per diluted share.
July 16, 2001
El Paso to Beat 2Q Consensus
El Paso Corp. reported that it expects to report second quarter earnings of between $0.77 and $0.79 per diluted share, net of non-recurring merger and other charges. The company’s estimate compares to the current First Call consensus earnings of $0.76 per share and second quarter 2000 earnings of $0.58 per diluted share.
July 10, 2001
Cabot LNG Expects More Imports, Adds Carriers
Cabot LNG, currently the only active liquefied natural gas importer on the East Coast, has entered into a second 20-year charter agreement with Norwegian shipping giant Bergesen for a 138,000 cubic meter LNG carrier. Cabot’s first carrier agreement was completed in November 2000 and both vessels are scheduled for delivery in 2003.
June 4, 2001
PJM Sees Peak Summer Load At 52,977 MW
PJM Interconnection recently said that it expects its peak load this summer will come in at 52,977 MW, with a reserve margin of 17.7%. Overall, PJM said that its forecasted 2001 summer situation will be similar to the summer of 2000.
May 14, 2001
PJM Sees Peak Summer Load At 52,977 MW
PJM Interconnection last week said that it expects its peak load this summer will come in at 52,977 MW, with a reserve margin of 17.7%. Overall, PJM said that its forecasted 2001 summer situation will be similar to the summer of 2000.
May 9, 2001
PSEG Expects 7%/Year Earnings Growth through 2005
In announcing better-than-expected earnings last Tuesday, PSEG CEO E. James Ferland said growth prospects for his energy and energy services company are the strongest in its 98-year history because of high expectations for its unregulated power generation and global energy operations. He expressed confidence that PSEG can both maintain its current dividend and achieve a 7% compound growth rate over the next five years.
April 23, 2001
PSEG Expects 7%/Year Earnings Growth through 2005
In announcing better-than-expected earnings yesterday, PSEG CEO E. James Ferland said growth prospects for his energy and energy services company are the strongest in its 98-year history because of high expectations for its unregulated power generation and global energy operations. He expressed confidence that PSEG can both maintain its current dividend and achieve a 7% compound growth rate over the next five years.
April 18, 2001
Industry Brief
Cinergy Corp. yesterday said that it expects to realize 45% of its 2001 earnings per share target of $2.75 in the first half of the year and the remaining 55% in the latter half of 2001. “Having acquired 1,700 MW of gas-fired electric peaking capacity over the last 18 months, our energy merchant generation portfolio has changed and that is reflected in the timing of our expected profit realization during 2001,” said R. Foster Duncan, excecutive vice-president and CFO at Cinergy.
April 10, 2001
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