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The Company is a provider of electricity-related services. Its principal subsidiary, FPL, is a rate-regulated utility engaged primarily in the generation, transmission, distribution and sale of electric energy.
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JCarlosone (< 20) Submitted: 3/25/08 10:32 PM : Start Price: $61.10 FPL Score: 16.22
FPL Group, Inc. (FPL Group) is a provider of electricity-related services. The Company has two principal operating subsidiaries, Florida Power & Light Company (FPL) and FPL Energy, LLC (FPL Energy). FPL is a rate-regulated utility engaged primarily in the generation, transmission, distribution and sale of electric energy. FPL Energy is the CompanyGÇÖs competitive energy subsidiary, which produces the majority of its electricity from clean and renewable fuels. FPL Group Capital Inc., a wholly owned subsidiary of FPL Group, holds the capital stock of, or has equity interests in, FPL Group's operating subsidiaries, other than FPL, and provides funding for those subsidiaries, including FPL Energy. As at December 31, 2007, FPL's and FPL Energy's generating assets, together, represented approximately 37,700 megawatt of capacity. FPL FiberNet, LLC, a wholly subsidiary of the Company, provides fiber-optic services to FPL, telecommunications companies and other customers throughout Florida. 10,400 Employees52 Week High 73.75 52 Week Low 54.61 Volume 2.35 Mil Average Daily Volume (13wk) 1.09 Mil 50 Day Moving Average 63.64 200 Day Moving Average 63.10 Volatility (beta) 0.56
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