The Motley Fool Discussion Boards

Previous Page

Stocks D / Dominion Resources

URL:  http://boards.fool.com/quotdquot-loss-to-enron-was-not-11-million-it-16219821.aspx

Subject:  Re: Dominion says Enron credit exposure $11 mln Date:  12/4/2001  1:16 PM
Author:  directfuel Number:  138 of 175

"D" loss to enron was not 11 million. it was 11 million plus 5 % of future (2001?) earnings (4.15 per share) which i calculate at 63 million. who knows what the real number is. D is the largest natural gas storage company in america and it has lost one-half of the value of unhedged inventory in the last six months or so, with natural gas prices falling from 10 last winter to 2.50 today. more study is needed before one goes long!
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us