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4-Traders Homepage  >  Equities  >  Nyse  >  Entergy Corporation    ETR

ENTERGY CORPORATION (ETR)
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Entergy : Driver who crashed into Entergy substation, knocked out power to thousands, was drunk, police say

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11/11/2017 | 12:25am CEST

Nov. 10--Thousands of West Bank residents were without power late Thursday and most of Friday after a drunk driver ran a stop sign in Westwego late Thursday, plowed through a fence and hit an Entergy substation, police said.

June Choe was driving north on East Drive at about 10:45 p.m. Thursday when he ran a stop sign near the substation, according to law enforcement.

Jason DiMarco, Westwego's assistant police chief, said the speed limit on the street is 20 mph, but "he was definitely travelling above that." DiMarco also said it did not appear that Choe tried to brake.

Power went out almost immediately to 25,000 customers Thursday night, according to WWL-TV. By 4 p.m. Friday, only 500 customers remained in the dark. An Entergy Louisiana official said the company expected to have power fully restored by 10 p.m.

Choe was booked in the Jefferson Parish Correctional Center with driving while intoxicated and reckless driving. It's not clear whether the 26-year-old, who lives in a trailer park at 110 Cedar Court in Bridge City, submitted to a breathalyzer test or what his blood alcohol content was if he did, DiMarco said.

Five Westwego area schools -- Butler Elementary Thibodeaux Elementary, Pitre Elementary, Worley Middle and Patrick F. Taylor Academy -- were affected by the outages.

___

(c)2017 The Advocate, Baton Rouge, La.

Visit The Advocate, Baton Rouge, La. at www.theadvocate.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2018 11 582 M
EBIT 2018 1 929 M
Net income 2018 910 M
Debt 2018 17 898 M
Yield 2018 4,47%
P/E ratio 2018 16,22
P/E ratio 2019 14,60
EV / Sales 2018 2,91x
EV / Sales 2019 2,99x
Capitalization 15 787 M
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Technical analysis trends ENTERGY CORPORATION
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 85,7 $
Spread / Average Target 6,4%
EPS Revisions
Managers
NameTitle
Leo P. Denault Chairman & Chief Executive Officer
Paul D. Hinnenkamp Chief Operating Officer & Executive Vice President
Andrew S. Marsh Chief Financial Officer & Executive Vice President
Alexis Margaret Herman Independent Director
Stuart L. Levenick Lead Independent Director
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