Dynegy, Inc. (NYSE:DYN)
The Company's current business operations are focused primarily on the power generation sector of the energy industry and primary business is the production and sale of electric energy, capacity and ancillary services.
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The comeback kid. Remember--they didn't get fooled by Enron.
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Avoiding bankruptcy in 02 Dynegy has allowed Dynegy to be methodical and patient in rebuilding which will pay-off for a long term investment.
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Recent JV and long term momentum
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should be a money doubler.
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just purchased several power plants.
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Dynegy produces electricity from there
plant in Houston, TX>>Chevron owns
35% of stock in company>>Originally they
were a larger company doing business
in North America & Europe>>Since the
enron fiasco in which they were involved,
they have downsized to just producing
electric power & paying off debts associated with the enron affair>>As of
2005 annual statement they have 1.9B in
cash & investments with 10.1B total assets>>LTD 4.2B>>Net income in 2nd qtr 2006 32M>>This income should increase in coming quarters as they are
in a more controlled size>>I believe this
stock will continue to grow at a steady
pace>>
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