1 / 13

SouthStar Energy Services

SouthStar Energy Services. Andrew W. Evans Vice President-Finance and Treasurer. How Did We Get Here?. What A Difference A Year Makes. Increased ownership to 70% (Dynegy buyout) Improved credit quality of customer base Stabilized market share

penelope-adams
Download Presentation

SouthStar Energy Services

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SouthStar Energy Services Andrew W. Evans Vice President-Finance and Treasurer

  2. How Did We Get Here? 2003 Analyst/Investor Conference

  3. What A Difference A Year Makes • Increased ownership to 70% (Dynegy buyout) • Improved credit quality of customer base • Stabilized market share • Continue customer service and credit quality improvements • Progress toward resolution of disproportionate sharing issue 2003 Analyst/Investor Conference

  4. SouthStar Has Become A Solid Annuity-Quality Earnings Contributor $45-55 *Denotes earnings for 100% of the partnership. 2003 Analyst/Investor Conference

  5. Largest Retail Marketer in Georgia • SouthStar markets natural gas in Georgia under the trade name Georgia Natural Gas (GNG) • SouthStar consistently has 10% lead over second-largest marketer (538,000 customers) 2003 Analyst/Investor Conference

  6. Stabilized Market Share SouthStar’s market share is fairly constant at around 37% 2003 Analyst/Investor Conference

  7. Retail Pricing in Georgia $/therm 2003 Analyst/Investor Conference

  8. An Average Customer Bill in Georgia *Total Monthly Bill for Typical Customer. 2003 Analyst/Investor Conference

  9. Significantly Reduced Bad Debt Bad Debt as % of Revenue 2003 Analyst/Investor Conference

  10. Focus on Aggressive Collections and Credit Scoring $ millions 2003 Analyst/Investor Conference

  11. Majority of Margin Now Results From Fixed Charges 2003 Analyst/Investor Conference

  12. Recent Marketing Activities 2003 Analyst/Investor Conference

  13. What To Expect in 2004 • Resolve disproportionate sharing issue • Drive lower cost structure and effective hedging programs • Increase share of high-value customers • Higher usage • Higher load factor • Higher credit quality 2003 Analyst/Investor Conference

More Related