| Business Summary | | Peoples
Energy
Corporation
is
a
holding
company
that
conducts
business
and
derives
income
through
utility
subsidiaries.
The
Company's
Gas
Distribution
segment
purchases,
distributes,
sells
and
transports
natural
gas
to
approximately
one
million
retail
customers
in
the
City
of
Chicago
and
northeastern
Illinois.
The
Power
Generation
segment
is
engaged
in
the
development,
construction,
operation,
and
ownership
of
natural
gas-fired
electric
generation
facilities.
The
Midstream
Services
segment
performs
wholesale
activities
that
provide
value
to
gas
distribution
utilities,
marketers
and
pipelines.
The
Retail
Energy
Services
segment
markets
gas
and
electricity
and
provides
energy
management
and
other
services
to
retail
customers.
The
Oil
and
Gas
Production
segment
acquires,
develops
and
produces
oil
and
gas
reserves
in
selected
onshore
basins
in
North
America.
The
Other
segment
is
involved
in
district
heating
and
cooling
and
the
development
of
fueling
stations
for
natural
gas
vehicles. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Peoples
Energy
Corp.
is
a
holding
company
operating
two
wholly-owned
natural
gas
utilities,
The
Peoples
Gas
Light
and
Coke
Company
and
North
Shore
Gas
Company.
For
the
nine
months
ended
6/30/01,
revenues
rose
76%
to
$2.11
billion.
Net
income
rose
13%
to
$110.4
million.
Revenues
reflect
increased
gas
delivery
volumes
as
a
result
of
unusually
cold
weather.
Earnings
were
partially
offset
by
increased
utility
provision
for
uncollectible
accounts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Terry, 63 Chairman
and CEO | $1.4M | Thomas Patrick, 54 Pres
and COO | 873K | James Luebbers, 54 CFO
and Controller | 423K | Donald Field, 51 Exec.
VP | 486K | William Morrow, 44 Exec.
VP and Pres of Peoples Energy Resource Corp. | -- | Dollar
amounts are as of 30-Sep-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
|
|