| | Business Summary | | Reliant
Energy,
Incorporated
is
a
diversified
international
energy
services
and
energy
delivery
company.
Incorporated
in
1906,
the
Company
provides
energy
and
energy
services
in
North
America
and
Western
Europe.
Historically,
the
Company's
business
segments
have
consisted
of
Electric
Operations,
Natural
Gas
Distribution,
Pipelines
and
Gathering,
Wholesale
Energy,
European
Energy
and
Other
Operations.
In
May
2001,
the
Company
spun-off
its
subsidiary,
Reliant
Resources,
Inc.,
to
which
the
Company
had
contributed
the
capital
stock
of
certain
of
its
subsidiaries,
including
Reliant
Energy
Power
Generation,
Inc.;
Reliant
Energy
Ventures,
Inc.;
Reliant
Energy
Communications,
Inc.;
Reliant
Energy
Wholesale
Service
Company;
Reliant
Energy
Trading
Exchange,
Inc.;
Reliant
Energy
Broadband,
Inc.;
Reliant
Energy
Net
Ventures,
Inc.;
ReliantEnergy.com,
Inc.;
Guidestreet,
Inc.;
and
Reliant
Energy
Solutions,
LLC.,
as
well
as
other
assets
and
operations. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Reliant
Energy
is
an
international
energy
services
and
energy
delivery
company
with
operations
in
North
America,
Western
Europe,
and
Latin
America.
For
the
six
months
ended
6/01,
revenues
totaled
$25.26
billion,
up
from
$9.97
billion.
Net
income
applicable
to
Common
from
continuing
operations
before
acct.
change
and
extraordinary
item
increased
30%
to
$481.8
million.
Revenues
reflect
higher
wholesale
energy.
Net
income
was
partially
offset
by
higher
fuel
and
cost
of
gas
sold
expenses. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| R. Steve Letbetter, 52
Chairman,
Pres and CEO | $3.4M | Stephen Naeve, 53
Vice
Chairman and CFO | 797K | Robert Harvey, 44
Vice
Chairman | 1.4M | David McClanahan, 51
Vice
Chairman and Pres and COO of the Reliant Energy Delivery | 1.0M | Hugh Kelly, 58
Exec.
VP, Gen. Counsel, 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/r/rei.gif)