Northern States Power :: essays research papers fc

A leader in todays economic world, Northern StatesPower (NSP) is recognized for its outstanding workin both regulated and nonregulated operations. Its regulatedoperation serves over two million electric and gascustomers in Minnesota, Wisconsin, North Dakota, SouthDakota, Arizona, and Michigan (NSP - InvestorsOverview 1). Its organize offices atomic number 18 located in Minneapolis,Minnesota, and the Chairman, President and ChiefExecutive Officer (CEO) is Mr. James J. Howard III(Howard 1). Its Viking Gas Transmission CompanySubsidiary owns and operates a 500-mile native gaspipeline (NSP - Investors Overview 1). Northern StatesPower is one of the nations leading energy companies withcompetitive rates, responsive service, and dependable andreliable energy. A relationship with NSP begans when theysign up for services with them moreover, when you chooseto live in a certain area. Some of the facts about NSP areservices/people, profit, rates, and sources of power,standings, first aid/s afety, Y2K, merger, and about howthey help within the community. In North Dakota, NSPprovides service to more than 80,000 electric customersand 30,000 gas customers in Fargo, Grand Forks, Minot,and many surrounding communities (NSP - NorthernDakota 1). They control served in these communities for over80 years (Northern States Power Energy Wise 2). "Bypowering the world, NSP brings energy to (Howard 6)" ?The international markets where we do business ? Thecommunities close to home where we contribute time andmoney ? To customers, who have ever-increasing energyneeds and choices ? To employees, who make the energywork ? And finally, to youthe shareholderswho haveplaced trust in them The 24th straight year in a quarrel to markgrowth for NSP was 1998. Northern States Powerscommon stocks are traded on three different exchangesNew York Stock, Chicago Stock, and Pacific Stock. Itsticker tape symbol is NSP. newspaper stock tables listNSP Company as NoStPw, NoStPwr, or NSPw (NSP -Investors Overviews 2). Northern States Power and itssubsidiaries reported earning of $52.3 million or 34 cents ashare, for the first quarter of 1999. operating(a) revenue forthe quarter was up 6 percent to $743.2 million. Warmerweather, increased maintenance, and Y2K computer workis the cause of the decreased earning (NSP First-quarter)."Advantages to being a registered shareholder are (NSP -Investors overview 2)" ? Dividend checks are sent directlyto you, deposited in the back account you designate, ormaybe reinvested in the company as you choose ? Youmay purchase surplus stock (through dividendreinvestment and optional investment plans) with little or nofees ? You may deposit your share certificates with thecompany for safekeeping if you sign up for the Dividend