| Business Summary | | TransCanada
PipeLines
Ltd.
is
a
North
American
energy
company
focused
on
natural
gas
transmission
and
power
services.
The
Company's
network
of
approximately
38,000
kilometers
of
pipeline
transports
the
majority
of
western
Canada's
natural
gas
production
to
markets
in
Canada
and
the
United
States.
TransCanada
owns
or
controls
approximately
1,900
megawatts
of
power.
The
Company
is
also
engaged
in
the
Gas
Marketing
business,
but,
on
May
8,
2001,
it
announced
plans
to
divest
the
business
in
order
to
focus
on
its
core
natural
gas
transmission
and
power
business
in
Canada
and
the
northern
tier
of
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TRP
transmits,
markets
and
processes
energy
in
North
America,
and
around
the
world.
Its
pipeline
system
transports
natural
gas
and
crude
oil.
For
the
six
months
ended
6/30/01,
revenues
rose
29%
to
C$2.85
billion.
Net
income
before
US
GAAP
from
continuing
operations
and
applicable
to
Common
rose
13%
to
C$340
million.
Revenues
reflect
an
increase
in
the
transmission
and
gas
marketing
segments.
Earnings
were
partially
offset
by
the
absence
of
a
C$26
million
gain
on
sale
of
an
asset. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Richard Haskayne | Chairman | Harold Kvisle | Pres,
CEO | Russell Girling | CFO,
Exec. VP | Albrecht Bellstedt | Exec.
Vice-Pres, Law and Gen. Counsel | Walentin Mirosh | Exec.
Vice-Pres, Regulatory Strategy and Northern Devel. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|