| | Business Summary | | UniSource
Energy
Corporation
is
a
holding
company
that
owns
the
outstanding
common
stock
of
Tucson
Electric
Power
Company
(TEP)
and
Millennium
Energy
Holdings,
Inc.
(Millennium).
TEP
is
an
electric
utility
that
has
provided
electric
service
to
the
community
of
Tucson,
Arizona,
for
over
100
years.
Millennium
invests
in
unregulated
ventures
related
to
the
energy
business. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Unisource
is
a
holding
company
for
Tucson
Electric
Power
Company,
an
electric
utility,
and
Millenium
Energy
Holdings,
Inc.,
which
invests
in
energy-related
ventures.
For
the
three
months
ended
3/31/01,
total
revenues
increased
36%
to
$241.2
million.
Net
income
before
accounting
change
rose
from
$242
thousand
to
$18.8
million.
Revenues
reflect
the
increase
in
wholesales
to
the
Western
U.S.
energy
markets.
Earnings
benefitted
from
the
gain
on
Forward
Purchases. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
406,615;
after
tax
earnings
were
13,254. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Pignatelli, 57
Chairman,
Pres and CEO | $976K | Kevin Larson, 44
CFO,
VP, Treasurer | -- | Michael DeConcini, 36
Sr.
VP, Strategic Planning and Investments | 267K | Dennis Nelson, 50
Sr.
VP, Gov.al Affairs | 364K | Karen Kissinger, 46
VP,
Controller and Principal Accounting Officer | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/u/uns.gif)