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DYNEGY INC HLDG C, (DYN) Stock Research Free Stock Rating
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Dynegy, Inc., a holding company, engages in the power generation and natural gas liquids businesses principally in the United States. The company produces and sells electric power and related products and services, including capacity, into real-time and day-ahead markets, as well as on a forward basis. It provides wholesale power to utilities, cooperatives, municipalities, and commercial and industrial customers. Dynegy gathers and processes natural gas, and fractionates, stores, transports, and markets natural gas liquids. As of December 31, 2004, it owned interests in 17 gas processing plants, including 11 plants it operated. The company also operated approximately 9,385 miles of natural gas gathering pipeline systems, as of the above date. Its distribution and marketing services include refinery services and wholesale propane marketing, as well as purchasing mixed natural gas liquids and natural gas liquids products from natural gas liquids producers and other sources and selling the natural gas liquids products to petrochemical manufacturers, refineries, and other marketing and retail companies. Dynegy was incorporated in the state of Illinois in 1999 and is based in Houston, Texas.
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