Utility PSEG reports 36 percent jump in 1Q profits

“Strong operations and a continuation of supportive energy markets are behind our forecast of solid earnings growth in 2008”

TRENTON -- Public Service Enterprise Group posted a 36 percent increase in first-quarter profit Tuesday -- beating Wall Street expectations -- mainly due to higher profit margins at its power-generating ... via Daily Record

Read Comments

Comments

Showing posts 1 - 1 of 1

Charlie L

Cranbury, NJ

Gee......I thought only Exxon was lining their pockets with cash...It looks like our friends at PSEG are doing pretty good themselves...Of course, they would never be accused of price gouging-they're a 'public' utility.

Showing posts 1 - 1 of 1

Type in your comments to post to the forum

Name
(appears on your post)

Comments

Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Energy Discussions

Topic	Updated	Last By	Comments
Native Hawaiians occupy palace grounds in downt...	5 min	pono	38
Iguana causes power outage for 20,000 in Browar...	10 min	RACE	49
Officials Seek To Wash Away Bikini Car Wash	1 hr	Open-Mind	14
Police Searching For Person Who Cut Major Power...	2 hr	beezelbub	8
Officials Seek To Wash Away Bikini Car Wash	3 hr	Jhon	8
Water rates might rise	3 hr	Farmer Brown	5
River water sought for Billerica power plant	3 hr	B-Boy	4

Related Topix Forums: Trenton, NJ, Public Service Enterprise Group

Utility PSEG reports 36 percent jump in 1Q profits

Energy News

Most Popular