| | Business Summary | | Reliant
Resources,
Inc.
(RRI)
is
a
provider
of
electricity
and
energy
services
with
a
focus
on
the
competitive
segments
of
the
electric
power
industry
in
the
United
States
and
Europe.
RRI
acquires,
develops,
and
operates
electric
power
generation
facilities
that
are
not
subject
to
traditional
cost-based
regulation
and
therefore
can
sell
power
at
prices
determined
by
the
market.
The
Company
has
an
aggregate
net
generation
capacity
to
12,707
megawatts
(MW)
as
of
December
1,
2000.
The
Company
also
trades
and
markets
power,
natural
gas
and
other
energy-related
commodities
and
provides
related
risk
management
services.
The
Company
also
engages
in
other
businesses,
specifically
eBusiness,
communications
and
venture
capital. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | RRI
is
a
provider
of
electricity
and
energy
services
in
the
U.S.
and
Europe.
The
Company
acquires,
develops
and
operates
electric
power
generation
facilities
that
are
not
subject
to
traditional
cost-based
regulations.
For
the
six
months
ended
6/01,
revenues
rose
from
$5.93
billion
to
$19.55
billion.
Net
income
befor
extraordinary
item
and
accounting
change
rose
from
$81.3
million
to
$254
million.
Results
reflect
increased
sales
and
higher
prices,
and
higher
income
from
equity
investments. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| R. Steve Letbetter, 52
Chairman,
Pres, CEO | $1.2M | Stephen Naeve, 53
CFO,
Exec. VP | 693K | Robert Harvey, 45
Exec.
VP and Group Pres, Emerging Bus.es | 624K | Joe Perkins, 40
Exec.
VP and Group Pres, Wholesale Bus.es | 556K | Mary Ricciardello, 45
Sr.
VP, 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/r/rri.gif)