| Business Summary | | WPS
Resources
is
a
holding
company
for
regulated
utility
and
non-regulated
business
units.
The
Company's
principal
operating
subsidiaries
are
Wisconsin
Public
Service
Corporation,
Upper
Peninsula
Power
Company,
WPS
Energy
Services,
Inc.,
and
WPS
Power
Development,
Inc.
Wisconsin
Public
Service
is
a
regulated
electric
and
gas
utility
serving
an
11,000
square
mile
service
territory
in
northeastern
Wisconsin
and
a
portion
of
the
Upper
Peninsula
of
Michigan.
Upper
Peninsula
Power
is
a
regulated
utility
providing
electric
service
to
a
4,500
square
mile
area
of
Michigan's
Upper
Peninsula.
WPS
Energy
Services
provides
energy
and
related
products
and
services
in
the
non-regulated
energy
market
throughout
the
Midwest
and
eastern
United
States.
WPS
Power
Development
provides
energy-related
services
including
project
development,
engineering
and
management
services,
and
operations
and
maintenance
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WPS
is
a
holding
company
for
four
Wisconsin
power
service
providers.
The
subsidiaries
are
engaged
in
the
supply
and
distribution
of
electric
power
and
natural
gas.
For
the
six
months
ended
6/01,
revenues
totaled
$1.57
billion,
up
from
$773.5
million.
Net
income
applic
to
Com.
fell
13%
to
$35.2
million.
Results
reflect
higher
natural
gas
prices
and
increased
wholesale
activity,
offset
by
higher
energy
conservation
activities,
benefits
expenses,
and
transmission
costs. | More
from
Market Guide: Significant
Developments |
| | | Larry
L. Weyers,
Chmn./Pres./CEO Ralph
G. Baeten,
Treas. Joseph
P. O'Leary,
CFO/Sr. VP Diane
L. Ford,
VP/Contr./CAO. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|