Inform

In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call to address investment concerns that dropped the company’s stock price by $6.00 (more than 19%) in Tuesday trading.

In the wake of the current turmoil surrounding Williams Cos., Williams Energy Partners LP took the chance to inform the investment community that it is an “extremely healthy” stand-alone company. The partnership held an unscheduled conference call to address investment concerns that dropped the company’s stock price by $6.00 (more than 19%) in Tuesday trading.

With the New Year ringing in the launch of retail electric competition in Texas, a key executive with the Electric Reliability Council of Texas (ERCOT) last Wednesday expressed confidence that the state’s transmission system will be up to meeting the demands of electricity deregulation.

Enron Corp. made an SC13D filing with the Securities andExchange Commission on Tuesday to inform the commission it hasreceived an unsolicited offer for its 53.5% share of Enron Oil andGas, one of the largest independent gas producers in the U.S.According to the solicitation, the unnamed third party wouldacquire Enron’s shares in EOG and make an offer for all theoutstanding shares. The third party also would require that Enrondispose of certain other assets.