Standard & Poor's Initiates Factual Stock Report Coverage on Metretek Technologies, Inc.Click here for Standard & Poor's Factua
August 10 2006 - 10:57AM
Business Wire
Standard & Poor's announced today that it has commenced Factual
Stock Report coverage on Metretek Technologies, Inc. Metretek
Technologies, Inc. (AMEX: MEK) is a diversified provider of energy
technology products, services, and data management systems to
industrial and commercial users and suppliers of natural gas and
electricity. The company conducts its operations through three
subsidiaries: PowerSecure, Inc., Southern Flow Companies, Inc., and
Metretek Florida. The company's business strategy is to position
itself as an integrated provider of energy technology products,
services and systems that enhance the availability of management
information and services primarily to suppliers and users of
natural gas and electricity. While MEK's products, services and
systems have historically been aimed primarily at the natural gas
industry, management said it is focusing more of its current and
future products, services and systems on other segments of the
energy industry, especially the electricity industry, as well as
other industries that require energy data management services.
According to the company, the energy industry continues to
experience fundamental regulatory and structural changes and
significant new trends. MEK's strategy is to acquire, develop,
operate and expand businesses that are positioned to take advantage
of these changes and trends. This report will also be accessible on
an ongoing basis to a wide audience of the investment community
---- scores of buy-side institutions and sell-side firms that
utilize S&P research and information platforms daily. Millions
of self-directed investors also have access to the report via their
e-brokerage accounts. About Standard & Poor's Factual Stock
Reports This S&P service provides factual research coverage
enabling companies to reach a wide investor audience of Buy and
Sell-side investors, helping them understand the fundamentals and
business prospects. Many of these companies are not widely covered
by Wall Street analysts. Currently profiling over 1,000 issuers,
S&P Factual Stock Reports increase market awareness for
companies in the investment community with insightful commentary
and key statistics/information. Updated weekly with the latest
pricing, trading volume and other data, the reports include recent
developments, an income statement analysis and financial review,
key operating information, performance charts, business summary,
fundamental data, industry and peer comparisons, institutional
holdings analysis, Street Consensus and opinions, and news. Because
coverage of these reports is sponsored by the issuer, S&P does
not offer investment opinions concerning the advisability of
investing in these stocks. Standard & Poor's Factual Stock
Reports are produced separately from any other analytic activity of
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research has no access to non-public information received by other
units of Standard & Poor's. Standard & Poor's does not
trade on its own account. Note: All U.S. and Canadian Companies
listed on a National Exchange (not covered by S&P's STARS
research) are eligible to obtain this coverage. About Standard
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