Cleco Corp (NYSE:CNL)

CAPS Rating: 3 out of 5

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.

Recs

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Player Avatar Garranova (87.74) Submitted: 9/15/2006 9:42:10 AM : Outperform Start Price: $24.23 CNL Score: +6.33

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.

Member Avatar drywit (53.57) Submitted: 6/20/2007 5:42:27 PM
Recs: 0

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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