| | Business Summary | | Niagara
Mohawk
Holdings,
Inc.
is
comprised
of
two
subsidiaries,
Niagara
Mohawk
Power
Corporation
(Niagara
Mohawk),
a
regulated
electric
and
gas
utility,
and
Opinac
North
America,
Inc.
(Opinac),
an
energy
business
engaged
in
unregulated
activities.
Niagara
Mohawk
is
engaged
principally
in
the
regulated
energy
delivery
business
in
New
York
State.
Opinac
and
its
subsidiaries
consist
of
an
energy
marketing
and
trading
company,
Niagara
Mohawk
Energy,
Inc.,
which
Holdings
has
determined
to
sell;
investments
in
energy-related
services
and
businesses;
an
electric
utility,
Canadian
Niagara
Power
Company,
Limited,
CNP;
a
developmental-stage
telecommunications
company,
Telergy,
Inc.;
and
a
research
and
development
company,
EVonyx,
Inc.,
that
has
developed
and
intends
to
commercialize
new
fuel
cell
and
battery
technology. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Niagara
Mohawk
Holdings,
Inc.,
a
holding
company,
is
engaged
in
the
generation,
purchase,
transmission,
distribution
and
sale
of
electricity
and
gas
in
New
York
State.
For
the
six
months
ended
6/30/01,
revenues
rose
10%
to
$2.46
billion.
Net
loss
before
accounting
change
and
extraordinary
items
totalled
$51.9
million,
up
from
$4.3
million.
Revenues
reflect
increased
trading
volume
and
higher
prices.
Net
loss
suffered
from
increased
purchased
gas
costs. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Davis, 58
Chairman,
CEO | $3.0M | Albert Budney, Jr., 53
Pres,
Director | 1.8M | William Edwards, 43
CFO,
Sr. VP | 981K | Darlene Kerr, 49
Pres,
COO | 1.4M | David Arrington, 49
Sr.
VP-HR & CAO | -- | | 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/n/nmk.gif)