Metretek (AMEX:MEK)
Historical Stock Chart
From Jan 2020 to Jan 2025
Standard & Poor's announced today that it has commenced
Factual Stock Report coverage on Metretek Technologies, Inc.
Metretek Technologies, Inc. (AMEX: MEK) is a diversified provider
of energy technology products, services, and data management systems
to industrial and commercial users and suppliers of natural gas and
electricity. The company conducts its operations through three
subsidiaries: PowerSecure, Inc., Southern Flow Companies, Inc., and
Metretek Florida.
The company's business strategy is to position itself as an
integrated provider of energy technology products, services and
systems that enhance the availability of management information and
services primarily to suppliers and users of natural gas and
electricity. While MEK's products, services and systems have
historically been aimed primarily at the natural gas industry,
management said it is focusing more of its current and future
products, services and systems on other segments of the energy
industry, especially the electricity industry, as well as other
industries that require energy data management services. According to
the company, the energy industry continues to experience fundamental
regulatory and structural changes and significant new trends. MEK's
strategy is to acquire, develop, operate and expand businesses that
are positioned to take advantage of these changes and trends.
This report will also be accessible on an ongoing basis to a wide
audience of the investment community ---- scores of buy-side
institutions and sell-side firms that utilize S&P research and
information platforms daily. Millions of self-directed investors also
have access to the report via their e-brokerage accounts.
About Standard & Poor's Factual Stock Reports
This S&P service provides factual research coverage enabling
companies to reach a wide investor audience of Buy and Sell-side
investors, helping them understand the fundamentals and business
prospects. Many of these companies are not widely covered by Wall
Street analysts. Currently profiling over 1,000 issuers, S&P Factual
Stock Reports increase market awareness for companies in the
investment community with insightful commentary and key
statistics/information. Updated weekly with the latest pricing,
trading volume and other data, the reports include recent
developments, an income statement analysis and financial review, key
operating information, performance charts, business summary,
fundamental data, industry and peer comparisons, institutional
holdings analysis, Street Consensus and opinions, and news. Because
coverage of these reports is sponsored by the issuer, S&P does not
offer investment opinions concerning the advisability of investing in
these stocks.
Standard & Poor's Factual Stock Reports are produced separately
from any other analytic activity of Standard & Poor's. Standard &
Poor's Factual Report research has no access to non-public information
received by other units of Standard & Poor's. Standard & Poor's does
not trade on its own account.
Note: All U.S. and Canadian Companies listed on a National
Exchange (not covered by S&P's STARS research) are eligible to obtain
this coverage.
About Standard & Poor's
Standard & Poor's, a division of The McGraw-Hill Companies
(NYSE:MHP), is the world's foremost provider of independent credit
ratings, indices, risk evaluation, investment research, data and
valuations. With approximately 6,300 employees located in 20 countries
and markets, Standard & Poor's is an essential part of the world's
financial infrastructure and has played a leading role for more than
140 years in providing investors with the independent benchmarks they
need to feel more confident about their investment and financial
decisions. For more information, visit
http://www.standardandpoors.com.