Industry & Services >> Analyst Interviews >> October 29, 2001

Integrated Power: Raymond Niles – Salomon Smith Barney

RAYMOND C. NILES is Director of the Integrated Power/Gas research team at Salomon Smith Barney, and oversees coverage of Power Producers, Energy Merchants and Integrated Utilities. He joined SSB in 2000 from Schroders, where he covered this sector for three years. Prior to that, he worked at Smith Barney (electric utilities) and Goldman Sachs (retailing). Mr. Niles holds an MBA in Finance and Economics from New York University. He has been identified as Best Up and Comer in both Electric Utilities and Natural Gas by Institutional Investor magazine, and has been recognized in the Wall Street Journal All-Star Analysts Survey for both stock picking and earnings estimate accuracy. Profile
TWST: How are you defining the electric utilities group today?

Mr. Niles: We actually don't use the term 'electric utilities' for the

group overall. We call it integrated power/gas. The