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Published on 10/31/2006 in the Prospect News Distressed Debt Daily.

Entergy New Orleans posts $7.55 million September operating income

By Caroline Salls

Pittsburgh, Oct. 31 - Entergy New Orleans, Inc. reported $7.55 million of operating income for September on $49.22 million of revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Louisiana.

The figures compare to a $3.15 million August operating income on $59.96 million of revenues.

The net income for September was $4.61 million, up from a $1.59 million August net income.

Cash on Sept. 30 was $12.93 million, compared with $12.99 million at the end of August.

Entergy New Orleans provides electric and natural gas service to customers in New Orleans and is the smallest of Entergy Corp.'s five utility companies. Entergy New Orleans filed for Chapter 11 on Sept. 23, 2005. Its case number is 05-17697.


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