Wednesday, February 6, 2019
Keyspan analysis :: essays research papers
About KeyspanKeyspan, a member of the Standard & woefuls 500 Index, is the largest distributor of natural gas in the Northeast. In novel York State, Keyspan is also the largest investor-owned electric generator. Keyspan has select investments along the gas furnish chain as salutary as a dynamic portfolio of verve service companies. Keyspans acquisitions of Eastern Enterprises and EnergyNorth made them the largest gas Distribution company in the northeast. They have 2.5 million gas guests, including customers in the lucrative New England market.Keyspan has a solid gas distribution, with 1.7 million customers in New York urban center and course of instructionn Island. They have an additional 800,000 customers in Massachusetts and New Hampshire. Keyspans gas utilities argon the core drivers of the company and they intend to capitalize on the tremendous growth potential. Keyspan also provides electric service to 1.1 million Long Island Port Authority customers. Keyspan owns a nd operates over 6,200 megawatts of generating capacity. They plan to add 250 megawatts of electrical times to New York City by 2003, as well as other 250 to 300 megawatts to Long Island by 2004.Keyspans Energy Services strain provides a full array of skill products to the immense Northeast market. Its energy investments sector includes a solid exploration and production business, as well as other investments that utilize their gas and electric core competencies. Keyspan is qualification investments in new technologies that will benefit its relationship with its customers. Their new expert device is the use of its E-Commerce investment in MyHomeKey.com. This is an Internet portal, which helps customers manage their energy needs. The current mission of Keyspan is to become the premier energy and Services telephoner in the Northeastern United States, providing a full range of products and services. Its priorities are to grow the core regulated business, to build the energy serv ice business, as well as continuing to grow organically.The goal of Keyspan is to grow its customer base. They would like to be able to sell new products and services, extend their vigilance over a large base, and provide an economy needed for engine room investments. Financial PositionKeyspan is financially solid with a +4 jillion market cap, a healthy dividend, yields of 5-6%, and a strong residue sheet. Keyspans 52 week high was 43.63, while its low was 29.10. Its EBIT (Earnings Before Income Taxes) for the year 2000 is 720 million. For 1999 the EBIT was 529 million.