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Home > Fortune 500 Companies > Txu Corp
Txu Corp
Txu Corp is a publicly traded company having a good stock performance result. Txu Corp is a fortune 500 stock listed company trading under TXU. TXU Corp. was founded in 1944 and is headquartered in Dallas, Texas.
TXU Corp. operates as a holding company that manages a portfolio of competitive and regulated energy businesses in Texas. The company, through its subsidiary, TXU Energy Company LLC, engages in electricity generation, residential and business retail electricity sales, and wholesale power and natural gas market activities; and through another subsidiary, TXU Electric Delivery Company, engages in regulated electricity transmission and distribution operations providing power to approximately 3 million electric delivery points.
The company serves residential and small businesses, municipalities, electric co-operatives, and other distribution companies. The Company owned or leased approximately 18,300 megawatts of generation, including 2,300 megawatts of nuclear and 5,837 megawatts of lignite or coal-fired generation capacity.
In TXU's unregulated business, TXU Energy provides electricity and related services to more than 2.4 million customers in Texas, more customers than any other retail electric provider in the state.TXU Wholesale focuses on optimizing their generation fleet and sourcing power at the lowest possible cost for TXU Energy. TXU is also one of the largest purchasers of wind-generated energy in Texas and North America.
TXU's regulated electric distribution and transmission business complements the competitive operations, using asset management skills developed over more than one hundred years, to provide reliable electricity delivery to consumers. TXU Electric Delivery operates the largest distribution and transmission system in Texas, providing power to three million electric delivery points over more than 100,000 miles of distribution and 14,000 miles of transmission lines.
About 10.4bl dollars sales have made as of 31st Dec 2005 and earned 1.8bl dollars as income in the last 12 months.
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