El Paso Corporation
Industry: Natural Gas Utilities
Fortune Rank: 447
EP is engaged in the interstate and intrastate transportation, gathering and processing of natural gas; the marketing of natural gas, power and other commodities, and the development and operation of energy infrastructure. For the 6 months ended 6/30/05, revenues fell 23% to $2.37B. Net loss from cont. ops. rose 56% to $133M. Revenues reflect lower sales from pipelines. Earnings reflect a decrease in loss on long-lived assets.
El Paso Corporation is an international energy company that operates natural gas pipeline businesses. In addition, the Company is engaged in natural gas production, power generation, petroleum businesses, trading operations and other ventures and businesses. During the year ended December 31, 2004, El Paso had both regulated and non-regulated operations conducted through five business segments: Pipelines, Production, Marketing and Trading, Power and Field Services.
El Paso Corporation
El Paso Corporation achieved revenue of $4,631.00 million in 2010 but posted a loss of $-539.00 million.
El Paso Corporation's rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 443rd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $5,363 million (a change of -1 million compared to 2010) and profits of $-823 million (a change of 284 million compared to 2010).
Another point of view
To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then El Paso Corporation would be ranked 452nd rather than 447th due to the fact it made a loss of $-539 million in 2010.
| El Paso Corporation | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2010 | 4,631 | -539 | 447 |
| 2009 | 5,363 | -823 | 443 |
| 2008 | 4,749 | 1,110 | 486 |
| 2007 | 5,011 | 475 | 449 |
| 2006 | 4,596 | -606 | 455 |
* US$ Million
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Address
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El Paso Corporation
1001 Louisiana Street
Houston
TX
77002
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El Paso Corporation
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Contact Details
- Phone: 713-420-2600
- Fax: 713-420-4417
- Website: www.elpaso.com
- Stock Symbol: EP
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