MidAmerican Energy Holdings Company · Des Moines, IA United States
Company Description
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This link will open in a new window MidAmerican Energy Holdings reaches farther than its name implies. The company generates, transmits, and distributes electricity and natural gas to 6.9 million customers across the US and the UK, primarily through subsidiaries MidAmerican Energy Company, PacifiCorp , and CE Electric UK. UK regional distribution subsidiaries Northern Electric and Yorkshire Electricity serve about 3.8 million electricity customers. MidAmerican Energy Holdings also has independent power production; real estate (HomeServices of America ); and gas exploration, production, and pipeline operations (Kern River Gas Transmission and Northern Natural Gas). Warren Buffett's Berkshire Hathaway controls the company. To read the full description, subscribe now.
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Key MidAmerican Energy Holdings Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $12,376.0 |
| 2007 Employees | 17,200 |
MidAmerican Energy Holdings Company Executives
31 executives listed for MidAmerican Energy Holdings Company's Des Moines, IA location.
| Title | Name & Bio | Contact |
| Chairman | David Sokol | Network |
| President, CEO, and Director; CEO, CE Electric UK; Chairman and CEO, PacifiCorp | Gregory Abel | Network |
| SVP and CFO | Patrick Goodman | Network |
Competition
Competitive Landscape for MidAmerican Energy Holdings Company
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top MidAmerican Energy Holdings Company Competitors
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