Duke, Williams among energy producers expecting profit declines

US electricity producers such as Duke Energy Corp and Williams Cos say first-quarter profit fell as a mild winter hurt demand and dimmed prospects for an industry already hurt by Enron's collapse in December.

Duke, Williams among energy producers expecting profit declines

US electricity producers such as Duke Energy Corp and Williams Cos say first-quarter profit fell as a mild winter hurt demand and dimmed prospects for an industry already hurt by Enron's collapse in December.

One of the warmest US winters in a century reduced the need for electric heat, and the slow growth of the economy kept industrial use in check, energy executives and investors said.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

CONNECT WITH US TODAY

Be the first to know the latest news and updates

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited