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'Pawn Your Diamond' offers the community information about the Fortune 500 companies.

Why the name?
The aim behind our name is to give young entrepreneurs the incentive to start from scratch with the hope that this small money they got from pawning a diamond they had aside, grows and flourishes into a multi billion dollar corporation.

Too dreamy?
Simply NOT. Such famous corporations did not exist forever. Each and every foundation did start somewhere and usually had one or a few founding members. So grab the general concept and work hard!
 
   
  Fortune 500 - Spot Number 400

Company Information

Name: Energy East Corporation

Industry: Electric Utilities

Description: Energy East Corporation is a regional energy services and delivery company with operations in New York, Connecticut, Massachusetts, Maine and New Hampshire and corporate offices in New York and Maine.

Financial Summary: Energy East Corporation is a super-regional energy services and delivery company with operations in NY, CT, MA, ME, NH and NJ and offices in NY and CT. For the 6 months ended 6/30/05, revenues rose 8% to $2.72B. Net income from cont. ops. rose 5% to $171.7M. Revenues reflect higher prices for retail electric energy. Higher income was partially offset by the absence of a $319.5M gain on the sale of generation assets.

Business Summary: Energy East Corporation is a public utility holding company with operations in New York, Connecticut, Massachusetts, Maine and New Hampshire. The Company operates primarily through its principal subsidiaries: Central Maine Power Company, New York State Electric & Gas Corporation, Rochester Gas and Electric Corporation, The Southern Connecticut Gas Company and Connecticut Natural Gas Corporation. Energy East serves approximately 1.8 million electricity customers and 900,000 natural gas customers. The service territories include high-technology firms, insurance, light industry, consumer goods manufacturing, pulp and paper, ship building, colleges and universities, agriculture, fishing and recreational facilities. The percentage of Energy East's operating revenues derived from electricity sales for the year ended December 31, 2004, was 58% and the percentage of revenues from natural gas was 33%.


Misc Details

Symbol: EAS

City: Albany

State: NY

ZIP Code: 12212

Address: P.O. Box 12904

Phone: 518-434-3049

Fax: N/A

Website: N/Ahttp://N/A


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