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The Company is a regional energy services holding company, which conducts all of its business operations through its two principal operating business segments: Cleco Power and Midstream.
I profiled these guys for Tulane's Burkenroad Reports in 1999. Too lazy for due diligence; straight to the thumbs-up. I guess I just miss college sometimes.
I read the 12/1/06 report. Company still seems solid. Not happy with the FERC settlement payout, but Uncle Sam could've been a bit too aggressive and the customers won't pay for it. Let's see what happens over the next 6 mos.
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