Mirant Corporation · Atlanta, GA United States ·(NYSE: MIR)
Company Description
Phone: 678-579-5000
Fax: 678-579-5001
Rankings
- #474 in FORTUNE 500
View Mirant Corporation Locations On A US Map
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This link will open in a new window Mirant (pronounced MEER-uhnt) is trying to keep up its energy levels during difficult times. Once a global power player, the company is now focusing on being a top North American wholesale energy marketer. Mirant owns or leases 10,105 MW of electric generating capacity located in markets in the Mid-Atlantic (5,223 MW), Northeast (2,535 MW), and California (2,347 MW). In addition to selling the electricity it produces and buying the fuel and emissions allowances it needs to produce electricity, Mirant also buys and sells some power, fuel, and emissions allowances as part of its proprietary trading and fuel oil management activities. To read the full description, subscribe now.
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Key Mirant Corporation Financials
| Company Type | Public - NYSE: MIR Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $3,188.0 |
| 2008 Employees | 1,661 |
Mirant Corporation Executives
13 executives listed for Mirant Corporation's Atlanta, GA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Edward Muller | Network |
| SVP and CFO | J. William Holden | Network |
| SVP, General Counsel, Chief Compliance Officer, and Corporate Secretary | Julia Houston | Network |
Competition
Competitive Landscape for Mirant Corporation
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Mirant Corporation Competitors
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