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7 pts

Opinion on  CH Energy Group Inc. (CHG)     Sector: Utilities  >  Industry: Electric Utilities
Bullish on CHG ...

Mar 31, 2009 05:43 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

CH Energy Group, Inc., through its subsidiaries, Central Hudson Gas & Electric Corporation (Central Hudson) and Central Hudson Enterprises Corporation (CHEC), engages in the electric utility, natural gas utility, and fuel distribution business. Central Hudson purchases, sells at wholesale, and distributes electricity and natural gas at retail in portions of New York State. As of December 31, 2008, it delivered electricity and natural gas to approximately 374,000 customers in the Mid-Hudson Valley region of New York State. CHEC markets petroleum products and related services to retail and wholesale customers, as well as provides service and maintenance of energy conservation measures and generation systems for private businesses, institutions, and government entities. It also involves in fuel distribution, including heating oil, gasoline, diesel fuel, kerosene, and propane; and the installation and maintenance of heating, ventilating, and air conditioning equipment in Virginia, West Virginia, Maryland, Delaware, Pennsylvania, Rhode Island, Washington, D.C., Connecticut, Massachusetts, New Jersey, and New York. In addition, CHEC participates in cogeneration, wind generation, alternate fuel, and energy production projects in Connecticut, New Jersey, New Hampshire, New York, and Pennsylvania; and a fuel ethanol production project in Nebraska. CH Energy Group was founded in 1926 and is headquartered in Poughkeepsie, New York


CHG:  This call was made on 03/31/09 @ $47.03
Rating:   Positive   $47.03 (03/31/09)
Gain/Loss:   -12.63% in 236 days


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