ENTERGY CORPORATION

Entergy is into energy. The integrated utility holding company's subsidiaries distribute electricity to 2.8 million customers in four southern states (Arkansas, Louisiana, Mississippi, and Texas) and provide natural gas to 196,000 customers in Louisiana. Entergy operates 15,500 miles of high-voltage transmission lines and 1,500 transmission substations. In addition, the company has interests in regulated and nonregulated power plants in North America that have a combined generating capacity of about 30,000 MW. An advocate of nuclear power, Entergy is one of the largest nuclear power generators in the US.

 

Geographic Reach

Entergy performs operations across a 114,000 square mile area in Arkansas, Louisiana, Mississippi, and Texas.

Operations

The company's utility segment includes the generation, transmission, distribution, and sale of electric power in Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans. It also operates a small natural gas distribution business. Entergy's wholesale commodities  segment owns and operates six nuclear power plants (10,000 MW of capacity) in the northern US, and sells power from these plants (and from its interests in non-nuclear power plants) to wholesale customers. It also provides services to other nuclear power plant owners.

Entergy's major subsidiaries include Entergy Arkansas, Inc., Entergy Gulf States Louisiana, L.L.C., Entergy Louisiana LLC, Entergy Mississippi, Inc., Entergy New Orleans, Inc., Entergy Texas, Inc., Entergy Nuclear, Inc., Entergy Wholesale Commodities, Entergy Solutions District Cooling, LP, and Entergy Thermal, LLC.

Financial Performance

After experiencing a revenue decline in 2012 due to drop in utility and wholesale commodities' sales,  in 2013 Entergy’s revenues grew by 11% due to higher utility revenues as a result of rate increases at Entergy Louisiana, Entergy Texas, and Entergy Mississippi.

After experiencing sizable growth over the last few years, in 2013 Entergy’s net income decreased by 16% due to higher operating costs and an increase in income tax expenses.

The company’s operating cash inflow increased to $3.19 billion in 2013 (from $2.94 billion in 2012) due to a change in working capital as a result of changes in accounts payable and other regulatory assets.

Strategy

To save operating costs, in 2014 Entergy Louisiana and Entergy Gulf States Louisiana asked the Louisiana Public Service Commission for permission to merge into a single utility.

In another move to improve operating efficiency, that year Entergy broke ground on a new $23-million Transmission Operations Center in Little Rock that will will be a nerve center where employees monitor the status of the Arkansas transmission system, coordinate line outages for maintenance or repair, and remotely operate switches and breakers at substations.

Growing its non-nuclear power assets, in 2013 Entergy Gulf States Louisiana signed a deal with Sempra Energy’s Cameron LNG unit to supply up to 200 MW of additional power to the proposed Cameron LNG liquefaction project in Hackberry.

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ENTERGY CORPORATION


639 Loyola Ave Ste 300
New Orleans, LA 70113-7106
Phone: 1 (504) 576-4000
Fax: 1 (504) 5764001
www.entergy.com

STATS


  • Employer Type: Public
  • Stock Symbol: ETR
  • Stock Exchange: NYSE
  • Chairman and CEO: Leo Denault
  • EVP and CFO: Andrew Marsh
  • EVP and COO: Mark Savoff

Major Office Locations

  • New Orleans, LA

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