Natural Resources >> Analyst Interviews >> March 10, 2003

Natural Gas & Electric Utilities: Ronald Barone – Ubs Warburg

RONALD J. BARONE is the Managing Director of the Natural Gas & Electric Utilities Group of UBS Investment Research. An analyst since 1971, Mr. Barone specializes in natural gas pipelines/distribution companies, electric utilities, independent power producers, and energy master limited partnerships. He has been ranked on Institutional Investor's All-American Research Team for 29 consecutive years, including a number one spot in the natural gas category in 2003. Prior to the UBS AG acquisition of PaineWebber Incorporated, Mr. Barone was the natural gas analyst at PaineWebber. Prior to that, he followed natural gas and electric utilities at Kidder Peabody & Co. Mr. Barone earned an MBA degree from New York University and a BA degree in Economics from Manhattan College. Profile
TWST: Would you tell us first what you include in your coverage?

What is your universe at this point, and where does that fit into

the overall UBS Warburg game plan?

Mr. Barone: I follow the