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Home > Company Index > Energy > Oil & Gas Pipelines & Storage > Midcoast Energy Resources, Inc.

Midcoast Energy Resources, Inc.
AMEX: MRS
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 PROFILE
The waters of the Mississippi and the Gulf flow naturally, but the region's more expensive fluids flow through Midcoast Energy Resources' pipelines. With more than 80 pipelines, the company gathers, processes, transports, and markets natural gas and crude oil, mainly in the Mississippi River Valley and on the Gulf Coast. Midcoast also owns storage facilities, more than 80 tank trucks and rail cars, and interests in oil- and gas-producing properties. Fueled by construction and acquisitions, Midcoast's pipeline system has grown from 35 miles to more than 4,100 miles in eleven US states, the Gulf of Mexico, and Canada. Midcoast itself has agreed to be acquired by Canadian pipeline and utility operator Enbridge.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 792.30
1-Yr. Sales Growth: 102.3%
Employees: 331
Revenue per employee: $2,393,655.59

 KEY PEOPLE
• Dan C. Tutcher
    CEO
• Richard A. Robert
    CFO

 CONTACT INFO
1100 Louisiana, Suite 2950
Houston, TX 77002
US
Phone: 713-650-8900
Fax: 713-650-3232
Online: Web Site

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