Entergy Corporation (ETR) is an American integrated energy holding company.
The company operates and provides its services in the generation, production, transmission of electrical power and focuses on the retail distribution of the electric powers and its related operations.
The integrated energy firm operates and manages its business through its different segments or facilities:
• Entergy Whole Commodities
The company engages in the provision of generating, transmitting, distributing, and selling of its energy resources, including electric power, through this unit. In addition, this segment also manages the distribution operations and its related businesses of the natural gas.
Entergy Wholesale Commodities
This segment focuses on acquiring and manages all the operations and decommissions of its nuclear plants. In addition, this segment also deals with the selling of electric power.
The American firm operates and manages all its parent firm's services and business activities, Entergy Corp and its related services.
Entergy Corporation was formed on November 13, 1913, by founder Harvey Couch.
Headquartered in New Orleans, Louisiana, the energy holding firm operates and offer its services through its subsidiaries, which include:
Entergy Arkansas, LLC
System Energy Resources Inc
Entergy Nuclear, LLC
Entergy New Orleans, LLC
Entergy Louisiana, LLC
Entergy Texas, LLC
Entergy Mississippi, LLC
The energy holding firm claims to provide around three million utility services to its customers, spread across Texas, Mississippi, Arkansas, Louisiana.
In addition, the firm also claims to have one of the large-scale power generating fleets in the United States, with an electricity generating capacity of around 30,000 megawatts, and nuclear power generating capacity of about 7,000 megawatts.
The firm’s common stocks with $0.01 Par Value are traded on the New York Stock Exchange (NYSE) under the quote of ‘ETR’. It is also among 500 firm included in the Standard & Poor’s index, known as S&P 500.
In 2021, the energy holding firm was among Forbes’ Global 2000 and World's Best Employers rankings in 2019.