| Business Summary | | Xcel
Energy
Inc.
is
a
holding
company
formed
on
Aug.
18,
2000
with
the
merger
of
New
Century
Energies
Inc.
and
Northern
States
Power
Co.
Xcel
Energy
directly
owns
six
utility
subsidiaries
that
serve
electric
and
natural
gas
customers
in
12
states.
These
six
utility
subsidiaries
are
Northern
States
Power
Company,
Northern
States
Power
Company,
Public
Service
Company
of
Colorado,
Southwestern
Public
Service
Company,
Black
Mountain
Gas
Company
and
Cheyenne
Light,
Fuel
and
Power
Company.
Their
service
territories
include
portions
of
Arizona,
Colorado,
Kansas,
Michigan,
Minnesota,
New
Mexico,
North
Dakota,
Oklahoma,
South
Dakota,
Texas,
Wisconsin
and
Wyoming.
Xcel
Energy's
regulated
businesses
also
include
Viking
Gas
Transmission
Company
and
WestGas
InterState
Inc.,
both
interstate
natural
gas
pipeline
companies.
Xcel
Energy
also
owns
or
has
an
interest
in
a
number
of
non-regulated
businesses,
the
largest
of
which
is
NRG
Energy
Inc.,
a
global
energy
company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Xcel
Energy,
Inc.
is
engaged
in
the
generation,
transmission
and
distribution
of
electricity
and
natural
gas.
For
the
six
months
ended
6/30/01,
total
revenues
increased
66%
to
$7.93
billion.
Net
income
applicable
to
Common
increased
22%
to
$375
million.
Revenues
reflect
additional
revenues
from
acquisitions.
Net
income
was
partially
offset
by
increased
electric
fuel
and
purchased
power
expenses. | More
from
Market Guide: Significant
Developments |
| | | Wayne
H. Brunetti,
Chmn./Pres./CEO Edward
J. McIntyre,
CFO/VP Cathy
J. Hart,
VP/Secy. Gary
R. Johnson,
Counsel. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|