MORE JUICE FOR THIS UTILITIES SECTOR

Business Week ^ | 01 May 2003 | Craig Shere

[MeneMeneTekelUpharsin]

Prospects improve for some natural-gas distributors and producers, and energy merchants. Volatility, however, comes with the territory. Standard & Poor's already has a positive outlook for the S&P Multi-Utilities & Unregulated Power index -- which includes natural-gas utilities that have exploration and production (E&P) operations, as well as energy merchants. Now it's being supported by the ongoing recovery of beleaguered energy merchants. We're reiterating our outlook on the group, which we upgraded from neutral to positive in late April.

[MeneMeneTekelUpharsin]

Excellent, well-balanced article. This fellow seems to have done his homework. The banks don't want to be in the energy business so refinancing is taking place if the company has any viability left. Very interesting field to watch in the coming days.

[MeneMeneTekelUpharsin]

FYI. Thought you might want to read this one. Apparently, the essential nature of electric power is becoming obvious.

[BOBTHENAILER]

Apparently, the essential nature of electric power is becoming obvious.

Indeed. This report validates some of my buying assumptions.

[MeneMeneTekelUpharsin]

Funny how so few on Free Republic really take the time to study economics. I am apalled by the lack of interest in this article and others that have been posted. If we (Freepers) become more knowledgeable about investing wisely we'll have more funds to influence this country in the right direction...support the right political candidates, etc. Oh, whatever.

[BOBTHENAILER]

If we (Freepers) become more knowledgeable about investing wisely we'll have more funds to influence this country in the right direction...support the right political candidates, etc.

You have a great point here. I think the reason some FReepers don't jump in on financial threads is they aren't as hot right now as Iraq and politics, and because a whole lotta people like their privacy as to finances.

Notwithstanding any privacy concerns, I, for one, believe these discussions to be valuable and definitely a part of the whole political fabric. We cannot talk about taxes, the economy and the RAT attempts to run them down WITHOUT talking finances.

We cannot talk about environmental issues without talking about the energy business. We cannot talk about economic growth without discussing the ever increasing demand for power and where it comes from.

[Ernest_at_the_Beach]

Thanks for the article and the ping alerts!

California still thinks they can bludgeon someone and get billions of dollars for THEIR screwups!!

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[MeneMeneTekelUpharsin]

Very nicely put. Freepers need to begin to educate other Freepers about how to do better with their finances. I would love to be able to share my ideas and learn new ones without creating conflict. Perhaps such a discussion could be initiated...I don't know how.

[MeneMeneTekelUpharsin]

Here's an interesting article that came out this evening. It speaks of a massive oversupply of power. Do you think that maybe some big institutional investors are trying to run the stock down so they can buy? Seems to be incredible effort on both sides to run the stocks one way or another...kind of a like competition between the big boys.

Click here for Yahoo story.