top marketer volumes still showing tremendous growth , ngi says fyi -
- - - - - original message - - - - -
from : djcustomclips @ djinteractive . com
sent : thu 8 / 23 / 2001 11 : 38 am
to : 168842 @ mailman . enron . com
cc :
subject : rahil jafry : top marketer volumes still showing tremendous growth , ngi says
top marketer volumes still showing tremendous growth , ngi says
08 / 23 / 2001
business wire
( copyright ( c ) 2001 , business wire )
dulles , va . - - ( business wire ) - - aug . 23 , 2001 - - north america ' s top 20 largest
natural gas marketers showed a greater than 20 % increase in volume - - up 31
bcf / d - - during the second quarter to 168 . 9 bcf / d .
only coral , pg & e , williams and exxonmobil reported slight decreases compared
to the second quarter of 2000 , according to ngi ' s quarterly ranking of the
companies based on volume .
" we ' re seeing a lot more electronic trading , " said ben schlesinger of
maryland - based schlesinger & associates in explaining the causes of the
continued growth . " enrononline is still seeing growth and so is ice
( ) . i also think we are seeing a lot more financial
trading as well . there was plenty in the last year or two , but i think one
thing that has continued to change is the real upsurge in the kinds of risk
trading that these guys are offering . that ' s a movement that ' s likely to
continue in the both the gas and electricity markets . "
the largest volume and percentage increases among the top 20 were shown by
american electric power , bp , mirant , el paso , pancanadian and reliant . aep
jumped from 18 th in ngi ' s ranking in the second quarter 2000 to 10 th in 2 q 2001
with a 5 . 5 bcf / d increase ( 179 % ) . bp moved up to second place from fifth with
a 4 . 9 bcf / d increase ( 66 . 2 % ) .
bp ' s second - place volumes , at 12 . 3 bcf / d were only half of enron ' s 25 . 3
bcf / d . mirant came in third with a 4 . 1 bcf / d rise ( 53 % ) to 11 . 8 bcf / d . although
el paso posted 51 % volume growth ( 3 . 1 bcf / d ) , it was pushed down by several
other rapidly growing companies to the 9 th place from no . 2 .
filling in the top 10 were reliant in fourth place , duke in fifth , dynegy
sixth , aquila seventh and sempra eighth , according to ngi ' s tally .
" volumes aren ' t perfect , but they are the best and most clear thing that we
have in terms of gauging the size of these business , " credit suisse first
boston analyst curt launer told natural gas intelligence . " that growth you are
seeing is going to continue . this is an industry which really is only reaching
one third of the market that is out there for it . if you total all of the
things that these companies are doing right now , they really are only
addressing about $ 100 billion worth of what is really a north of $ 300 billion
u . s . energy market . there ' s probably three to five years worth left of
excellent growth because you are going to have a tripling of the market that
these companies address over the next several years before you and i have to
have a conversation about who has a better business model or who really can
gain market share and is doing things better than anyone else . "
to read the complete marketer rankings and other industry information and
prices , please sign up for a free trial at . you
will have four weeks free access to natural gas intelligence , ngi ' s daily gas
price index and ngi ' s power market today , with price data , news archive
searching and graphing capabilities .
contact : natural gas intelligence
cathleen behan , 703 / 318 - 8848
11 : 27 edt august 23 , 2001
folder name : rahil jafry
relevance score on scale of 100 : 82
to review or revise your folder , visit or contact dow jones customer service by e - mail at custom . news @ bis . dowjones . com or by phone at 800 - 369 - 7466 . ( outside the u . s . and canada , call 609 - 452 - 1511 or contact your local sales representative . )
copyright ( c ) 2001 dow jones & company , inc . all rights reserved
top marketer volumes still showing tremendous growth , ngi says
fyi -
- - - - - original message - - - - -
from : djcustomclips @ djinteractive . com
sent : thu 8 / 23 / 2001 11 : 38 am
to : 168842 @ mailman . enron . com
cc :
subject : rahil jafry : top marketer volumes still showing tremendous growth , ngi says
top marketer volumes still showing tremendous growth , ngi says
08 / 23 / 2001
business wire
( copyright ( c ) 2001 , business wire )
dulles , va . - - ( business wire ) - - aug . 23 , 2001 - - north america ' s top 20 largest
natural gas marketers showed a greater than 20 % increase in volume - - up 31
bcf / d - - during the second quarter to 168 . 9 bcf / d .
only coral , pg & e , williams and exxonmobil reported slight decreases compared
to the second quarter of 2000 , according to ngi ' s quarterly ranking of the
companies based on volume .
" we ' re seeing a lot more electronic trading , " said ben schlesinger of
maryland - based schlesinger & associates in explaining the causes of the
continued growth . " enrononline is still seeing growth and so is ice
( ) . i also think we are seeing a lot more financial
trading as well . there was plenty in the last year or two , but i think one
thing that has continued to change is the real upsurge in the kinds of risk
trading that these guys are offering . that ' s a movement that ' s likely to
continue in the both the gas and electricity markets . "
the largest volume and percentage increases among the top 20 were shown by
american electric power , bp , mirant , el paso , pancanadian and reliant . aep
jumped from 18 th in ngi ' s ranking in the second quarter 2000 to 10 th in 2 q 2001
with a 5 . 5 bcf / d increase ( 179 % ) . bp moved up to second place from fifth with
a 4 . 9 bcf / d increase ( 66 . 2 % ) .
bp ' s second - place volumes , at 12 . 3 bcf / d were only half of enron ' s 25 . 3
bcf / d . mirant came in third with a 4 . 1 bcf / d rise ( 53 % ) to 11 . 8 bcf / d . although
el paso posted 51 % volume growth ( 3 . 1 bcf / d ) , it was pushed down by several
other rapidly growing companies to the 9 th place from no . 2 .
filling in the top 10 were reliant in fourth place , duke in fifth , dynegy
sixth , aquila seventh and sempra eighth , according to ngi ' s tally .
" volumes aren ' t perfect , but they are the best and most clear thing that we
have in terms of gauging the size of these business , " credit suisse first
boston analyst curt launer told natural gas intelligence . " that growth you are
seeing is going to continue . this is an industry which really is only reaching
one third of the market that is out there for it . if you total all of the
things that these companies are doing right now , they really are only
addressing about $ 100 billion worth of what is really a north of $ 300 billion
u . s . energy market . there ' s probably three to five years worth left of
excellent growth because you are going to have a tripling of the market that
these companies address over the next several years before you and i have to
have a conversation about who has a better business model or who really can
gain market share and is doing things better than anyone else . "
to read the complete marketer rankings and other industry information and
prices , please sign up for a free trial at . you
will have four weeks free access to natural gas intelligence , ngi ' s daily gas
price index and ngi ' s power market today , with price data , news archive
searching and graphing capabilities .
contact : natural gas intelligence
cathleen behan , 703 / 318 - 8848
11 : 27 edt august 23 , 2001
folder name : rahil jafry
relevance score on scale of 100 : 82
to review or revise your folder , visit or contact dow jones customer service by e - mail at custom . news @ bis . dowjones . com or by phone at 800 - 369 - 7466 . ( outside the u . s . and canada , call 609 - 452 - 1511 or contact your local sales representative . )
copyright ( c ) 2001 dow jones & company , inc . all rights reserved