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MCN Energy Group, Inc.
As of May 31, 2001, MCN Energy Group, Inc. was acquired by DTE Energy Co.MCN Energy Group Inc. (MCN) operated as a diversified energy company with markets and investments primarily in the Midwest-to-Northeast corridor. MCN operated through two major business groups, Diversified Energy and Gas Distribution. MCNEE was comprised of pipelines & processing; fuel management services and supplies gas to power generation facilities under long-term sales contracts; Electric power, which provides fuel management services and supplies gas to power generation facilities under long-term sales contracts; Energy marketing, including sale of premium, reliable bundled energy services to large-volume customers; and natural gas and oil exploration, development and production in Michigan. Gas Distribution consisted principally of MichCon, a natural gas utility serving approximately 1.2 million customers in more than 530 communities throughout Michigan. Employees: 2,946. Chairman and C.E.O: Alfred R. Glancy III. Inc: MI. 500 Griswold Street, Detroit, Michigan 48226. 313 256-5500.
Market Cap
N/A
Volume
911.0K
Cash and Equivalents
$19.3M
EBITDA
$288.7M
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$360.9M
Profit Margin
11.93%
52 Week High
N/A
52 Week Low
N/A
Dividend
N/A
Price / Book Value
N/A
Price / Earnings
N/A
Price / Tangible Book Value
N/A
Enterprise Value
N/A
Enterprise Value / EBITDA
N/A
Operating Income
$151.7M
Return on Equity
26.23%
Return on Assets
2.38
Cash and Short Term Investments
$19.3M
Debt
$1.7B
Equity
$506.5M
Revenue
$3.0B
Unlevered FCF
$483.0M
Sector
Gas Utilities
Category
N/A