Search

Your search keyword '"MCN Energy Group Inc. -- Finance"' showing total 50 results
Start Over Descriptor "MCN Energy Group Inc. -- Finance"
50 results on '"MCN Energy Group Inc. -- Finance"'

1. Natural gas (distribution)

Author

Holtzman, Gerald, Harris, Frederick L., III, Schwartzman, Todd A., Romaine, Sigourney B., Vidal, Oscar L., Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance, ATMOS Energy Corp. -- Finance, Bay State Gas Co. -- Finance, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance, Connecticut Energy Corp. -- Finance, Energen Corp. -- Finance, Indiana Energy Inc. -- Finance, KeySpan Energy Corp. -- Finance, Laclede Gas Co. -- Finance, MCN Energy Group Inc. -- Finance, New Jersey Resources Corp. -- Finance, NICOR Inc. -- Finance, Northwest Natural Gas Co. -- Finance, ONEOK Inc. -- Finance, Peoples Energy Corp. -- Finance, Piedmont Natural Gas Company Inc. -- Finance, Providence Energy Corp. -- Finance, South Jersey Industries Inc. -- Finance, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance, UGI Corp. -- Finance, Washington Gas Light Co. -- Finance, Wicor Inc. -- Finance, Gas utilities -- Finance, Gas transmission industry -- Finance, Business, Business, general
Abstract

The ground rules for the natural gas pipe line and gas utility industries have been revised by state and federal regulators with the purpose of greater competition through deregulation. The financial returns from deregulation have been modest so far in 1998, but the dynamics of the natural gas (distribution) industry has been altered and wider margins are forecast for the future. Prices for these stocks remain stable and should be sought mainly by income investors.

Published
1998

2. Natural gas (distribution)

Author

Holtzman, Gerald, Harris, Frederick L., III, Schwartzman, Todd A., Romaine, Sigourney B., Vidal, Oscar L., Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance -- 00361360, ATMOS Energy Corp. -- Finance -- 00035229, Bay State Gas Co. -- Finance -- 00300910, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance -- 00301427, Connecticut Energy Corp. -- Finance -- 00302046, Energen Corp. -- Finance -- 00300136, Indiana Energy Inc. -- Finance -- 00304519, KeySpan Energy Corp. -- Finance -- 00428960, Laclede Gas Co. -- Finance -- 00305066, MCN Energy Group Inc. -- Finance, NUI Corp. -- Finance -- 00306210, New Jersey Resources Corp. -- Finance -- 00306278, NICOR Inc. -- Finance -- 00306323, Northwest Natural Gas Co. -- Finance -- 00306417, ONEOK Inc. -- Finance -- 00306529, Peoples Energy Corp. -- Finance -- 00306829, Piedmont Natural Gas Company Inc. -- Finance -- 00306924, Providence Energy Corp. -- Finance -- 00307120, South Jersey Industries Inc. -- Finance -- 00307968, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance -- 00308038, UGI Corp. -- Finance -- 00308939, Washington Gas Light Co. -- Finance -- 00309242, Wicor Inc. -- Finance -- 00309400, Gas transmission industry -- Finance, Gas utilities -- Finance, Business, Business, general
Abstract

Local natural gas distribution companies (LDCs) have become self-reliant in response to federal and state regulatory efforts to create an efficient LDC marketplace and competitive trade practices. LDCs have also begun to market beyond their home areas and change the nature of their industry, and this is having an impact on earnings and profit margins. Investors need to select the highest quality stocks in the natural gas distribution industry.

Published
1998

3. Natural gas (distribution)

Author

Holtzman, Gerald, Harris, Frederick L., III, Schwartzman, Todd A., Romaine, Sigourney B., Vidal, Oscar L., Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance -- 00361360, ATMOS Energy Corp. -- Finance -- 00035229, Bay State Gas Co. -- Finance -- 00300910, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance -- 00301427, Connecticut Energy Corp. -- Finance -- 00302046, Energen Corp. -- Finance -- 00300136, Indiana Energy Inc. -- Finance -- 00304519, Laclede Gas Co. -- Finance -- 00305066, MCN Energy Group Inc. -- Finance, MarketSpan Corp. -- Finance, NUI Corp. -- Finance -- 00306210, New Jersey Resources Corp. -- Finance -- 00306278, NICOR Inc. -- Finance -- 00306323, Northwest Natural Gas Co. -- Finance -- 00306417, ONEOK Inc. -- Finance -- 00306529, Pacific Enterprises Inc. -- Finance -- 00306669, Peoples Energy Corp. -- Finance -- 00306829, Piedmont Natural Gas Company Inc. -- Finance -- 00306924, Providence Energy Corp. -- Finance -- 00307120, South Jersey Industries Inc. -- Finance -- 00307968, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance -- 00308038, UGI Corp. -- Finance -- 00308939, Washington Gas Light Co. -- Finance -- 00309242, Wicor Inc. -- Finance -- 00309400, Gas utilities -- Finance, Business, Business, general
Abstract

Gas utilities have been reshaping their corporate profiles in order to garner wider shares of nonregulated markets, with both state and federal regulators setting competition guidelines within the industry. Utilities have changed practices in order to recover natural gas sale and distribution costs, and profit margins have become razor thin. Investors need to evaluate these stocks on a yield basis in order to achieve reliable income.

Published
1998

4. Natural gas (distribution)

Author

Holtzman, Gerald, Rosenfield, David, Schwartzman, Todd A., Romaine, Sigourney B., Vidal, Oscar L., Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance -- 00361360, ATMOS Energy Corp. -- Finance -- 00035229, Bay State Gas Co. -- Finance -- 00300910, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance -- 00301427, Connecticut Energy Corp. -- Finance -- 00302046, Energen Corp. -- Finance -- 00300136, Indiana Energy Inc. -- Finance -- 00304519, KeySpan Energy Corp. -- Finance -- 00428960, Laclede Gas Co. -- Finance -- 00305066, MCN Energy Group Inc. -- Finance, NUI Corp. -- Finance -- 00306210, New Jersey Resources Corp. -- Finance -- 00306278, NICOR Inc. -- Finance -- 00306323, Northwest Natural Gas Co. -- Finance -- 00306417, ONEOK Inc. -- Finance -- 00306529, Pacific Enterprises Inc. -- Finance -- 00306669, Peoples Energy Corp. -- Finance -- 00306829, Piedmont Natural Gas Company Inc. -- Finance -- 00306924, Providence Energy Corp. -- Finance -- 00307120, South Jersey Industries Inc. -- Finance -- 00307968, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance -- 00308038, UGI Corp. -- Finance -- 00308939, Washington Gas Light Co. -- Finance -- 00309242, Wicor Inc. -- Finance -- 00309400, Gas utilities -- Finance, Gas industry -- Finance, Business, Business, general
Abstract

Unbundling has become important to natural gas industry since the Federal Energy Regulatory Commission began to encourage industry competition in the early 1980s. The local distribution companies have gained more self-reliance and offered non-regulater services as a rseult, but greater competition has also meant meager industry profits. Investors seeking income will find several of these stocks, especially local distribution companies, appealing.

Published
1998

5. Natural gas (distribution)

Author

Holtzman, Gerald, Rosenfield, David, Schwartzman, Todd A., Romaine, Sigourney B., Vidal, Oscar L., Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance -- 00361360, ATMOS Energy Corp. -- Finance -- 00035229, Bay State Gas Co. -- Finance -- 00300910, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance -- 00301427, Connecticut Energy Corp. -- Finance -- 00302046, Energen Corp. -- Finance -- 00300136, Indiana Energy Inc. -- Finance -- 00304519, KeySpan Energy Corp. -- Finance -- 00428960, Laclede Gas Co. -- Finance -- 00305066, MCN Energy Group Inc. -- Finance, NUI Corp. -- Finance -- 00306210, New Jersey Resources Corp. -- Finance -- 00306278, NICOR Inc. -- Finance -- 00306323, Northwest Natural Gas Co. -- Finance -- 00306417, ONEOK Inc. -- Finance -- 00306529, Pacific Enterprises Inc. -- Finance -- 00306669, Peoples Energy Corp. -- Finance -- 00306829, Piedmont Natural Gas Company Inc. -- Finance -- 00306924, Providence Energy Corp. -- Finance -- 00307120, South Jersey Industries Inc. -- Finance -- 00307968, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance -- 00308038, UGI Corp. -- Finance -- 00308939, Washington Gas Light Co. -- Finance -- 00309242, Wicor Inc. -- Finance -- 00309400, Gas utilities -- Finance, Deregulation -- Gas transmission industry, Gas transmission industry -- Finance, Business, Business, general
Abstract

The Federal Energy Regulatory Commission has encouraged competition among gas companies since the 1980s with the aim of increasing supplies at low cost. Deregulation has led local distribution companies to form business alliances and seek mergers, and are assuming the role of sellers of natural gas as a commodity. The primary appeal of stocks in the gas distribution industry is income, and few have any price appreciation role for investors.

Published
1997

6. Natural gas (distribution)

Author

Holtzman, Gerald, Vidal, Oscar L., Rosenfield, David, Schwartzman, Todd A., Holzman, Gerald, Romaine, Sigourney B., Vlassis, Dax, Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance -- 00361360, ATMOS Energy Corp. -- Finance -- 00035229, Bay State Gas Co. -- Finance -- 00300910, Brooklyn Union Gas Co. -- Finance -- 00301174, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance -- 00301427, Connecticut Energy Corp. -- Finance -- 00302046, Energen Corp. -- Finance -- 00300136, Indiana Energy Inc. -- Finance -- 00304519, Laclede Gas Co. -- Finance -- 00305066, MCN Energy Group Inc. -- Finance, NUI Corp. -- Finance -- 00306210, New Jersey Resources Corp. -- Finance -- 00306278, NICOR Inc. -- Finance -- 00306323, Northwest Natural Gas Co. -- Finance -- 00306417, ONEOK Inc. -- Finance -- 00306529, Pacific Enterprises Inc. -- Finance -- 00306669, Peoples Energy Corp. -- Finance -- 00306829, Piedmont Natural Gas Company Inc. -- Finance -- 00306924, Providence Energy Corp. -- Finance -- 00307120, South Jersey Industries Inc. -- Finance -- 00307968, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance -- 00308038, UGI Corp. -- Finance -- 00308939, Washington Gas Light Co. -- Finance -- 00309242, Wicor Inc. -- Finance -- 00309400, Gas utilities -- Economic aspects, Business, Business, general
Abstract

Natural gas utilities' bottom lines will continue to be determined by state regulatory commissions even as these local distribution companies (LDC) seek to expand their presence as nonregulated gas marketers. These LDCs found that being a broker/dealer of natural gas offered a way to boost profits without having to distribute all their earnings to shareholders. The LDCs are able to garner profit because they are establishing subsidiaries that are shielded from state regulatory oversight.

Published
1997

7. Natural gas (distribution)

Author

Holtzman, Gerald, Vidal, Oscar L., Rosenfield, David, Schwartzman, Todd A., Vlassis, Dax, Sharav, Ben, Keane, Bryan W., and Swort, Edmund B.

Subjects
AGL Resources Inc. -- Finance -- 00361360, ATMOS Energy Corp. -- Finance -- 00035229, Bay State Gas Co. -- Finance -- 00300910, Brooklyn Union Gas Co. -- Finance -- 00301174, CTG Resources Inc. -- Finance, Cascade Natural Gas Corp. -- Finance -- 00301427, Connecticut Energy Corp. -- Finance -- 00302046, Energen Corp. -- Finance -- 00300136, Indiana Energy Inc. -- Finance -- 00304519, Laclede Gas Co. -- Finance -- 00305066, MCN Energy Group Inc. -- Finance, NUI Corp. -- Finance -- 00306210, New Jersey Resources Corp. -- Finance -- 00306278, NICOR Inc. -- Finance -- 00306323, Northwest Natural Gas Co. -- Finance -- 00306417, ONEOK Inc. -- Finance -- 00306529, Pacific Enterprises Inc. -- Finance -- 00306669, Peoples Energy Corp. -- Finance -- 00306829, Piedmont Natural Gas Company Inc. -- Finance -- 00306924, Providence Energy Corp. -- Finance -- 00307120, South Jersey Industries Inc. -- Finance -- 00307968, Southwest Gas Corp. (Las Vegas, Nevada) -- Finance -- 00308038, UGI Corp. -- Finance -- 00308939, Washington Gas Light Co. -- Finance -- 00309242, Wicor Inc. -- Finance -- 00309400, Gas industry -- Economic aspects, Business, Business, general
Abstract

Gas utilities continue to be regulated by the state, but are expanding their market by doing business as non-regulated brokers selling alternative gas-supply services. Competition amongst utilities establishes the profit levels for these auxiliary activities, which has resulted in strategic alliances aimed at encouraging mergers among utilities. These activities make gas stocks a greater risk than usual, but some income portfolios may still be interested in gas utilities.

Published
1997

8. Execs axed as MCN loses steam

Author

Lane, Amy

Subjects
MCN Energy Group Inc. -- Finance, Public utilities -- Finance, Business, Business, regional
Published
1998

9. MCN Energy Group Inc

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance
Published
2000

10. DIVIDENDS AND EARNINGS

Subjects
Saga Communications Inc. -- Finance, Pulte Homes Inc. -- Finance, Agree Realty Corp. -- Finance, Credit Acceptance Corp. -- Finance, Detroit Diesel Corp. -- Finance, Lear Corp. (Southfield, Michigan) -- Finance, Captec Net Lease Realty Inc. -- Finance, Comshare Inc. -- Finance, Championship Auto Racing Teams Inc. -- Finance, MCN Energy Group Inc. -- Finance, National TechTeam Inc. -- Finance, Clarkston Financial Corp. -- Finance, CMS Energy Corp. -- Finance, Michigan Heritage Bancorp Inc. -- Finance, Oxford Bank Corp. -- Finance, Rouge Industries Inc. -- Finance, Computer software industry -- Finance, Internal combustion engine industry -- Finance, Steel industry -- Finance, Racetracks (Horse-racing), Banking industry -- Finance, Consumer finance companies -- Finance, Commercial banks, Commercial finance companies -- Finance, Real estate industry -- Finance, Transportation equipment industry -- Finance, Savings and loan associations -- Finance, Software, Public utilities, Computer services industry -- Finance, Buses -- Seats, Sports facilities -- Finance, Internal combustion engines, Petroleum services industry -- Finance, Radio stations, Radio broadcasting industry -- Finance, Investment companies -- Finance, Real estate investment trusts -- Finance, Energy industry -- Finance, Company financing, Software quality, Computer services industry, Banking industry, Business, Business, regional
Abstract

Agree Realty Corp. (NYSE: ADC), the Farmington Hills-based real estate investment trust, reported increased funds from operations for the third quarter and nine months, which ended Sept. 30. For the [...]

Published
1999

11. Mid-Continent

Author

Parezo, Steve

Subjects
MCN Energy Group Inc. -- Finance, Natural gas -- Reserves, Business, Petroleum, energy and mining industries
Abstract

MCN Energy Group Inc. said it has closed on the previously announced sales of its Mid-Continent/Gulf Coast exploration and production (E&P) assets for $105 million to undisclosed privately held companies. [...]

Published
1999

12. MCN Shifting Strategy, Focus; Will Keep Michigan Gas Assets

Author

Shook, Barbara

Subjects
MCN Energy Group Inc. -- Finance, Gas industry -- Finance, Company financing, Business, Petroleum, energy and mining industries
Abstract

MCN Energy Group Inc., which has been plagued by a variety of strategic and market-related problems for the past year, has again revised its corporate plan and will retain its [...]

Published
1999

13. MCN SAYS COULDN'T MAKE DEADLINE, DELAYS 2Q REPORT

Author

Bridgeforth, Arthur, Jr.

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, Business, regional
Abstract

MCN Energy Group Inc. said the delayed release of its second-quarter earnings to this week was just a case of not being able to beat the clock. ``Pure and simple, [...]

Published
1999

19. MCN Energy Group Inc

Subjects
MCN Energy Group Inc. -- Finance, Business, Business, general
Published
1998

20. MCN Energy Group Inc

Subjects
MCN Energy Group Inc. -- Finance, Energy industry -- Finance, Business, Business, general
Published
1997

21. DTE Energy Expects Additional Synergies Following Merger With MCN Energy Group

Subjects
DTE Energy Co. -- Finance, MCN Energy Group Inc. -- Finance, Electric utilities -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, July 6 /PRNewswire/ -- DTE Energy Co. (NYSE: DTE) today said that it expects to realize additional cost synergies due to the recently completed merger with MCN Energy Group. [...]

Published
2001

22. DTE Energy Reports First Quarter Earnings; Non-Regulated Businesses Continue Upward Trend

Subjects
DTE Energy Co. -- Finance, MCN Energy Group Inc. -- Finance, Electric utilities -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, April 25 /PRNewswire/ -- DTE Energy Co. (NYSE: DTE) today announced 2001 first quarter earnings of $138 million, or $0.98 per basic share, compared to earnings for the first [...]

Published
2001

23. DTE Energy and MCN Energy Provide Post-Merger Earnings Guidance

Subjects
DTE Energy Co. -- Finance, MCN Energy Group Inc. -- Finance, Electric utilities -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, March 7 /PRNewswire/ -- DTE Energy Co. (NYSE: DTE) today provided 2001 and 2002 earnings guidance for the company reflecting the expected close of its merger with MCN Energy [...]

Published
2001

24. MCN Energy Reports Third-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Nov. 10 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported a third-quarter loss of $24.9 million or $.28 per share. In the prior-year third quarter, MCN's net [...]

Published
2000

25. DTE Energy Sets Path for Increased Earnings Growth Rate

Subjects
DTE Energy Co. -- Finance, MCN Energy Group Inc. -- Finance, Electric utilities -- Finance, Gas utilities -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Oct. 30 /PRNewswire/ -- DTE Energy Co. (NYSE: DTE) has taken steps to bolster its anticipated earnings growth rate when its pending merger with MCN Energy Group is completed. [...]

Published
2000

26. HSM016 -- MCN Energy Group Inc

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

MCN ENERGY GROUP INC. AND SUBSIDIARIES NEWS RELEASE STATISTICS (Unaudited) Three Months Ended June 30, 1999 2000 Restated(5) Operating and Joint Venture Income (Loss) (000) Gas Distribution: Before unusual items [...]

Published
2000

27. MCN Energy Reports Second-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

Provides Guidance on 2000 and 2001 Expectations In Conjunction with DTE Energy DETROIT, Aug. 14 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported second-quarter earnings of $22.2 million [...]

Published
2000

28. MCN Energy Group Reports First-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, May 12 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported first-quarter earnings of $58.9 million, or $.67 per diluted share, compared with $85.5 million, or $1.02 per [...]

Published
2000

29. MCN Energy Group Inc. Reports Fourth Quarter, Full-Year 1999 Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Feb. 15 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported fourth-quarter 1999 earnings of $34.8 million, or $.40 per share, excluding unusual items, compared with the prior-year [...]

Published
2000

30. MCN Energy Group Inc. Reports Third-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Oct. 26 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today announced a third-quarter 1999 net loss of $31.2 million or $.37 per share. The company had a net [...]

Published
1999

32. MCN Energy Group Inc. Reports 10.5% Rise in 1999 First-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum services industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, April 23 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported first-quarter earnings from continuing operations of $87.4 million, compared with $78.6 million in the 1998 first quarter. [...]

Published
1999

33. MCN Energy Group Issues Alert on Earnings, Operations And Investment Issues

Subjects
MCN Energy Group Inc. -- Finance, Energy industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Aug. 28 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today announced that 1998 and 1999 earnings are not likely to meet analysts' current expectations due to a confluence [...]

Published
1998

35. MCN Energy Group Updates Coal Fines Project, Earnings Expectations

Subjects
MCN Energy Group Inc. -- Finance, Mining industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, June 2 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today said its coal fines project is progressing on schedule to be in operation by June 30 and is [...]

Published
1998

36. MCN Energy Group Inc. Reports First-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, April 22 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported first-quarter earnings of $80.5 million, compared with $81.8 million in the 1997 first quarter. Diluted earnings per [...]

Published
1998

37. MCN Energy Group Inc. Reports Record Results, With Earnings per Share Up 16% in 1997

Subjects
MCN Energy Group Inc. -- Finance, Gas transmission industry -- Finance, Petroleum industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Jan. 23 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported another year of record financial results, with 1997 earnings rising 26 percent to $142.3 million, compared to [...]

Published
1998

38. MCN Energy Group Inc. Reports Record Third-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Petroleum industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Oct. 20/ PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported its first-ever third-quarter profit, with earnings from the company's rapidly growing Diversified Energy group more than offsetting [...]

Published
1997

39. MCN Energy Group Inc. Reports Record First-Quarter Results

Subjects
MCN Energy Group Inc. -- Finance, Gas transmission industry -- Finance, Energy industry -- Finance, Business, News, opinion and commentary
Abstract

Diversified Energy Businesses' Earnings More Than Double, Offsetting Effects of Warmer Weather on Gas Distribution DETROIT, April 17 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported record first-quarter [...]

Published
1997

40. MCN Energy Group Inc. Reports Record Results for 1996

Subjects
MCN Energy Group Inc. -- Finance, Gas transmission industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Jan. 21 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported record financial results, with 1996 earnings from continuing operations rising to $112.6 million from $93.2 million in [...]

Published
1997

41. MCN Energy Group Inc. Reports Record Results for 1996

Subjects
MCN Energy Group Inc. -- Finance, Gas transmission industry -- Finance, Business, News, opinion and commentary
Abstract

DETROIT, Jan. 21 /PRNewswire/ -- MCN Energy Group Inc. (NYSE: MCN) today reported record financial results, with 1996 earnings from continuing operations rising to $112.6 million from $93.2 million in [...]

Published
1997

42. In a sampling of early profits reports from independents, gainers were just slightly outpacing companies with lower earnings

Subjects
Company financing, Petroleum industry -- Finance, Petroleum, MCN Energy Group Inc. -- Finance, Enserch Exploration Inc. -- Finance, Project On Government Oversight -- Finance, Houston Exploration Co. -- Finance
Abstract

In a sampling of early profits reports from independents, gainers were just slightly outpacing companies with lower earnings. Up in net income for the quarter from second quarter 1996 were: [...]

Published
1997

43. Dividends Declared

Subjects
Baker Hughes Inc. -- Finance, ChevronTexaco Corp. -- Finance, Exxon Mobil Corp. -- Finance, Halliburton Co. -- Finance, Hawaiian Electric Industries Inc. -- Finance, Howell Corp. (Stratford, Connecticut) -- Finance, MCN Energy Group Inc. -- Finance, Midcoast Energy Resources Inc. -- Finance, North European Oil Royalty Trust -- Finance, Penn Virginia Corp. -- Finance, Petro-Canada Inc. -- Finance, Plains All American Pipeline L.P. -- Finance, Praxair Inc. -- Finance, RPC Inc. -- Finance, Santa Fe Energy Trust -- Finance, Star Gas Partners L.P. -- Finance, Statia Terminals Group N.V. -- Finance, Wisconsin Energy Corp. -- Finance, Dividends -- Statistics, Oil and gas field equipment industry -- Finance, Petroleum industry -- Finance, Petroleum services industry -- Finance, Electric utilities -- Finance, Gas transmission industry -- Finance, Gas industry -- Finance, Gases industry -- Finance, Retail industry -- Finance, Fuel industry -- Finance, Energy industry -- Finance, Business, Petroleum, energy and mining industries
Abstract

Dividends Declared DIVIDENDS DECLARED Company Ticker Exch Announced Rec-Date Pay Date Amount Type Baker Hughes Inc. BHI NYSE 10/25/00 11/6/00 11/24/00 $0.115 Quarterly Chevron Corp. CHV NYSE 10/25/00 11/17/00 12/11/00 [...]

Published
2000

44. Dividends Declared

Subjects
Baker Hughes Inc. -- Finance, Energen Corp. -- Finance, MCN Energy Group Inc. -- Finance, Shell Canada Ltd. -- Finance, Oil and gas field equipment industry -- Finance, Gas industry -- Finance, Petroleum services industry -- Finance, Petroleum industry -- Finance, Business, Petroleum, energy and mining industries
Abstract

DIVIDENDS DECLARED Company Ticker Exch Announced Rec. Date Pay Date Amount Type Baker Hughes Inc. BHI NYSE 7/26/00 8/7/00 8/25/00 $0.115 Quarterly Energen Corp. EGN NYSE 7/26/00 8/15/00 9/1/00 $0.170 [...]

Published
2000

45. MCN, DTE OK Merger

Subjects
MCN Energy Group Inc. -- Finance, DTE Energy Co. -- Finance, Stockholders -- Beliefs, opinions and attitudes, Electric utilities -- Finance, Business, Petroleum, energy and mining industries
Abstract

Both MCN Energy and DTE Energy shareholders overwhelmingly approved the merger of the two companies. More than 98% of the common shares that voted at a special meeting of MCN [...]

Published
1999

46. Energy Services Firms Show Mixed Results

Author

Shook, Barbara

Subjects
Dynegy Inc. -- Finance, American Electric Power Company Inc. -- Finance, TransCanada PipeLines Ltd. -- Finance, CMS Energy Corp. -- Finance, Avista -- Finance, MCN Energy Group Inc. -- Finance, Questar Energy Corp. -- Finance, Nuclear industry -- Finance, Energy industry -- Finance, Gas transmission industry -- Finance, Gas utilities -- Finance, Business, Petroleum, energy and mining industries
Abstract

Results from integrated utilities and energy services companies fit no pattern for the third quarter of 1999 as each company's portfolio of assets and products continues to be affected by [...]

Published
1999

47. Trading scam at MCN Energy lowers profits

Author

Norman, James

Subjects
MCN Energy Group Inc. -- Finance, CoEnergy Trading Co. -- Finance, Gas utilities -- Finance, Business, Petroleum, energy and mining industries
Published
1999

48. MCN Plans Charge, Unit Sale

Subjects
MCN Energy Group Inc. -- Finance, Energy industry -- Finance, Business, Petroleum, energy and mining industries
Abstract

MCN Energy Inc. said Monday that it will post a year-end pretax restructuring charge of $10 million for a corporate realignment that it expects to cut its current operating expenses [...]

Published
1998

49. MCN Energy takes $350-mil E&P charge; gas utility loses one third reserve value

Author

Norman, James

Subjects
MCN Energy Group Inc. -- Finance, Petroleum industry -- Finance, Business, Petroleum, energy and mining industries
Abstract

The risks involved in oil and gas exploration and production was brought home to MCN Energy Group when the company was forced to write off up to $350 million on over-valued oil and gas reserves. The Michigan gas utility had grown very quickly in the exploration and production business, posting an initial $1.2 million profit in 1992.

Published
1998

50. MCN logs third-quarter profit

Subjects
MCN Energy Group Inc. -- Finance, Petroleum industry -- Finance, Business, Petroleum, energy and mining industries
Abstract

MCN Energy Group Inc. reported its first-ever third-quarter profit, with earn- ings from its diversified energy group more than offsetting the seasonal loss historically reported by its gas distribution operations. [...]

Published
1997

Catalog

Books, media, physical & digital resources
See catalog results