Top 5 Regional Bank Companies To Watch In Right Now

Top 5 Regional Bank Companies To Watch In Right Now: Integrys Energy Group(TEG)

Integrys Energy Group, Inc., through its subsidiaries, operates as a regulated electric and natural gas utility company in the United States and Canada. It provides natural gas utility services in Chicago, Wisconsin, Michigan, and Minnesota. As of December 31, 2009, the company served approximately 1,669,000 residential, commercial and industrial, transportation, and other customers. It had approximately 22,000 miles of natural gas distribution mains; and approximately 1,010 miles of natural gas transmission mains. The company also generates and distributes electric energy form coal, natural gas, fuel oil, hydroelectric, and wind resources in Wisconsin and Michigan. It served approximately 489,000 residential, commercial and industrial, wholesale, and other customers. In addition, Integrys Energy offers nonregulated energy supply and services; and electric transmission services. The company was formerly known as WPS Resources Corporation and changed its name to Integrys En ergy Group, Inc. in February 2007. Integrys Energy Group, Inc. was founded in 1883 and is based in Chicago, Illinois.

Advisors' Opinion:

• [By Justin Loiseau]

  "Clean coal" to the rescue?
  Not all utilities are bidding adieu to coal just yet. Integrys' (NYSE: TEG  ) Wisconsin Public Service subsidiary is applying for a rate increase to cover "clean coal" conversion costs. The utility hopes to add a coal dust collection system to one of its coal plants. The 824 MW facility upgrade comes with a $17 million price tag, but the move would put Integrys on a straighter path to environmental compliance. If the company's recent $220 million approval is any evidence, this latest request might just make it past Wisconsin regulators.

• [By Justin Loiseau]

  In the same week that TECO is applying for its foray into New Mexico natural gas, Illinois is solidifying its own reliance on the fue! l source. Integrys (NYSE: TEG  ) released a statement this week commending Illinois politicians for their "swift signing" of the Natural Gas Consumer, Safety, & Reliability Act.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-5-regional-bank-companies-to-watch-in-right-now.html