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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Services > Metretek Technologies, Inc.

Metretek Technologies, Inc.
Nasdaq: MTEK
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 PROFILE
Metretek Technologies (formerly Marcum Natural Gas Services) measures its success by the number of meters it monitors. The company's Southern Flow gas measurement services allow natural gas and pipeline companies to verify gas transfer volumes. Subsidiary Metretek Incorporated supplies automated meter reading (AMR) systems to natural gas distributors. With these systems utilities can monitor, record, and transmit data about customer gas consumption. PowerSpring provides industrial and commercial customers with an AMR device that helps them manage energy costs by monitoring their usage on a Web site, and PowerSecure offers distributed generation products and services. DDJ Capital Management owns 27% of Metretek.

 COMPETITION
Invensys plc (IVNSY)
Itron, Inc. (ITRI)
Schlumberger Limited (SLB)

 DEALS
Deal: Metretek Gets $3 Million in Private Placement
Date Announced: 12.09.99
Value of transaction (US $Mil): 3
Description: Online energy marketplace raises $3 million through private placement.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 21.70
1-Yr. Sales Growth: 11.9%
Employees: 233
Revenue per employee: $93,133.05

 KEY PEOPLE
• W. Phillip Marcum
    CEO
• A. Bradley Gabbard
    CFO

 CONTACT INFO
600 17th St., Ste. 800
Denver, CO 80202
US
Phone: 303-416-9200
Fax: 303-416-9202
Online: Web Site

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