Northern States Power :: essays research papers fc

A leader in todays economic world, Union StatesPower (NSP) is recognized for its outstanding performancein both modulate and nonregulated operations. Its regulatedoperation serves over two one million million million electric and screw upcustomers in Minnesota, Wisconsin, North Dakota, SouthDakota, Arizona, and Michigan (NSP - InvestorsOverview 1). Its head offices argon determined in Minneapolis,Minnesota, and the Chairman, President and ChiefExecutive Officer (CEO) is Mr. James J. Howard troika(Howard 1). Its Viking Gas Transmission CompanySubsidiary owns and operates a 500-mile natural botch upolinepipeline (NSP - Investors Overview 1). northern StatesPower is one of the nations leading heftiness companies with warlike 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. both(prenominal) of the facts about NSP areservices/people, profit, r ates, and sources of power,standings, first aid/safety, Y2K, merger, and about howthey sponsor 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 have 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 play 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 keen year in a row to markgrowth for NSP was 1998. Northern States Powerscommon stocks are traded on three different exchangesNew York Stock, lolly Stock, and Pacific Stock. Itsticker tape symbol is NSP. Newspaper stock tables diagnoseNSP Com pany 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 tax income forthe quarter was up 6 percent to $743.2 million. Warmerweather, increased maintenance, and Y2K calculator 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 secure additional 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