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| Type | Public (NYSE: ETR) |
|---|---|
| Headquarters | New Orleans, Louisiana |
| Industry | Energy industry |
| Services | Electricity (and natural gas in Baton Rouge, La) |
| Revenue | ▲ US$13.1 Billion (FY 2008)[1] |
| Operating income | ▲ US$2.43 Billion (FY 2008)[1] |
| Net income | ▲ US$1.24 Billion (FY 2008)[1] |
| Total assets | ▲ US$36.6 Billion (FY 2008) [2] |
| Total equity | ▲ US$8.28 Billion (FY 2008)[2] |
| Employees | 14,700 (2008) |
| Website | http://entergy.com |
Entergy Corporation ,(re-named from Middle South Utilities in 1989, merged with Beaumont TX based Gulf States Utilities in 1993) based in New Orleans, Louisiana is an integrated energy company engaged primarily in electric power production and retail distribution operations. A member of the Fortune 500, Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. Entergy has annual revenues of more than $13 billion and approximately 14,700 employees.[3] In 2008 Entergy and its charitable foundation awarded more than $15.9 million in grants to almost 3,000 nonprofit organizations, and Entergy employees and retirees logged more than 30,000 volunteer hours that same year. [4]
Entergy's main operating segments:
- The U.S. Utility segment provides retail electricity services to approximately 2.7 million customers in Arkansas, Louisiana, Mississippi, and Texas.
- The Non-Utility Nuclear segment operates a total of ten nuclear power plants in New York (Indian Point Energy Center and FitzPatrick), Massachusetts (Pilgrim), Vermont (Vermont Yankee), Michigan (Palisades Nuclear Station), Arkansas (Arkansas Nuclear One), Louisiana (River Bend and Waterford), and Mississippi (Grand Gulf). Entergy Nuclear also provides support services for the Cooper Nuclear Station through 2014. Entergy is the second largest nuclear power generator in the United States after Exelon Corporation.
The company also announced that it plans to obtain a license for a new reactor at its River Bend site, although the company has not decided whether to build it. The company's nuclear division is headquartered in Jackson, Mississippi.
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Operations
Entergy operates over 40 plants using natural gas, nuclear, coal, oil and hydroelectric power with approximately 30,000 megawatts of electric generating capacity to serve its 2.7 million customers in the Gulf South.[5]
Entergy's extensive transmission system carries approximately 23,000 megawatts of power across more than 15,500 miles (24,900 km) of interconnected lines within a 112,000-square-mile (290,000 km2) area.[6]
Entergy is the second cleanest utility generator among the top 10 generators and was the first U.S. utility to voluntarily stabilize greenhouse gas emissions.[7] Entergy is the only U.S. utility to make the Dow Jones Sustainability Index (DJSI) six years in a row. The DJSI is a listing of the companies whose overall environmental, social and economic sustainability performance scores were in the top 10 percent for their sector.[8][9] Entergy was named in 2008 to Forbes list of America's Most Trustworthy Companies, a ranking based on corporate governance practices and accounting transparency.[10]
For more information, see Entergy's Company History [11], EntergyFACTS [12], and Awards and Recognition [13]
References
- ^ a b c Entergy (ETR) annual SEC income statement filing via Wikinvest
- ^ a b Entergy (ETR) annual SEC balance sheet filing via Wikinvest
- ^ 2007 Annual Report[1]
- ^ Entergy Corporate and Foundation Giving[2]
- ^ Entergy- Operations Information[3]
- ^ Entergy- Transmission[4]
- ^ 2005 Greenhouse Gas Reduction Commitment[5]
- ^ Dow Jones Corporate Sustainability[6]
- ^ Entergy's 2007 Sustainability Report[7]
- ^ Forbes: Most Trustworthy Large-Cap Companies[8]
- ^ Entergy- Company History[9]
- ^ Entergy- EntergyFACTS[10]
- ^ Entergy- Awards and Recognition[11]
See also
- Audubon Nature Institute (based in New Orleans, Louisiana in the US)
- Audubon Zoo (in New Orleans, Louisiana in the US)
External links
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
