| | Business Summary | | Empire
District
Electric
Company
is
an
operating
public
utility
engaged
in
the
generation,
purchase,
transmission,
distribution
and
sale
of
electricity
in
parts
of
Missouri,
Kansas,
Oklahoma
and
Arkansas.
The
Company
also
provides
water
service
to
three
towns
in
Missouri.
In
2000,
99.6%
of
its
gross
operating
revenues
were
provided
from
the
sale
of
electricity
and
0.4%
from
the
sale
of
water.
The
territory
served
by
its
electric
operations
embraces
an
area
of
about
10,000
square
miles,
with
a
population
of
over
330,000.
The
Company
supplies
electric
service
at
retail
to
119
incorporated
communities,
various
unincorporated
areas
and
at
wholesale
to
four
municipally
owned
distribution
systems
and
two
rural
electric
cooperatives. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Empire
District
Electric
is
an
operating
public
utility
engaged
in
the
generation,
purchase,
transmission,
distribution
and
sale
of
electricity
in
parts
of
MO,
KS,
OK
and
AR.
EDE
also
provides
water
service
to
three
towns
in
MO.
For
the
six
months
ended
6/30/01,
revenues
rose
7%
to
$119
million.
Net
income
fell
50%
to
$2.9
million.
Results
reflect
increased
Kwh
sales
due
to
warmer
temperatures,
offset
by
increased
natural
gas
prices. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| M. McKinney, 56
Pres,
CEO, Director | $333K | W. Gipson, 43
Exec.
VP | 155K | D. Gibson, 54
VP-Fin.
and Principal Financial Officer | -- | C. Stark, 56
VP
- Gen. Services | 140K | D.L. Coit, 50
Controller,
Assistant Treasurer, Assistant Sec. | -- | | 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/e/ede.gif)