The folks at Dynegy Inc. have been busy restructuring and preparing for growth. At the company’s annual shareholders’ meeting, Bruce A. Williamson, chairman, president and CEO, discussed the progress of the past year - including the completion of a multi-year self-restructuring initiative - and the company’s current focus on developing growth opportunities for its midstream natural gas and power generation business.
Information is readily available about public companies because they are highly regulated and public disclosure is a requirement, but private companies tend to keep their business confidential and out of the public domain.
With the first year for compliance with Section 404 of the Sarbanes-Oxley Act completed, many senior executives have reflected at length on the demanding effort that was required.
The number of CEOs who got the boot reached an all-time high in 2004. This is the conclusion of an annual survey by Booz Allen Hamilton, the international management consulting firm based in McLean, Va.
Several new executives have been appointed to key positions at Swift Energy Co. and its subsidiaries, and the company also has made some changes to its board of directors.
The economic promise of the gas-to-liquids (GTL) market has long been clear. There are approximately 3,000 tcf of stranded natural gas worldwide - gas that is too remote or uneconomical to bring to market using conventional methods.
The OGJ200 group of companies reaped the benefits of strong commodity prices and downstream margins during the final quarter of 2004 (4Q04). Collectively, these US-based oil and gas producers recorded a 61 percent increase in net income as compared with the same period a year earlier.
