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.
Turmoil
Articles from Turmoil
Analysts See Positives for Energy Amid Market Turmoil
As investors are being blitzed with reports of bleak economic news and widespread stock sell-offs on Wall Street, Raymond James & Associates Thursday offered an encouraging word to energy companies: energy stocks are “at or very near the bottom point.”
September 21, 2001
Despite Tough Times, Marketing Has Room to Grow
Merger turmoil and tight margins are putting the screws to quitea few energy marketers, but Frost & Sullivan still sees plentyof room for the industry to grow. Several of the top-20 marketersof 1998 have exited the market, while other companies have beenspurred to acquire assets and start online trading, according to arecent study by the group.
January 31, 2000
Columbia Saw Profit during Power Price Turmoil
Although still a novice in the electricity market, ColumbiaEnergy Group accomplished something that a number of seasonedveteran traders failed to do when power prices in the Midwest shotup last June – it made a profit, says Chairman Oliver “Rick”Richard. He declined, however, to reveal the amount.
September 10, 1998
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