EXC, AEE, and PPL: Analyzing Their Current Valuations
Many utility stocks seem to be trading at a large premium compared to the industry average. One of the top gainers, Exelon’s (EXC), stock is trading at 16 times its forward earnings at the moment, lower than peers’ average.
Utility Stocks: Target Price Changes Last Week
According to analysts’ estimates, Ameren (AEE) could see downside movement of more than 3% going forward based on its target price of $70.8.
Duke Energy’s 1Q16 Earnings: Weather and Sale of Midwest Assets
Duke Energy (DUK) reported a 17% fall in earnings for 1Q16, mainly due to mild weather and the sale of the company’s Midwest generation business last year.
Large Global Presence Dragged AES’s Stock Performance in 2015
The rallying US dollar has marred AES’s earnings. This has been reflected in its stock performance. AES has lost more than 18% in the last 12-month period.
Ameren Corporation Reported a Fall in Its 4Q15 Earnings
On February 19, 2016, Ameren Corporation (AEE) reported its 4Q15 earnings of $0.12 per share, missing analysts’ estimates by 4 cents. Milder weather during the fourth quarter weighed on AEE’s earnings.
Where Does PG&E Corporation Stand from a Valuation Standpoint?
Pacific Gas & Electric Corporation (PCG) closed with a minimal gain after the announcement of its quarterly earnings yesterday. PG&E Corporation has managed to rise 6% so far this year.
A Look Back at US Large-Cap Equity Mutual Funds in 2015
In this series, we’ll look back at how 2015 was for 11 US large-cap equity mutual funds.
A Refresher on US Treasuries in 2015
Geopolitical concerns regarding Greece, the Middle East, and China led investors to the safety of US Treasuries at different points in time in 2015.
How Did the Markets React to the Fed’s Rate Hike?
For the past month or so, several equity investors have anticipated a rate hike and factored it into stock prices, readying their portfolios for the event.
SPY Rose as Federal Reserve’s Rate Hike Met Market Expectations
Except for the energy sector and the material sector, all the component sectors of SPY rose on the release of the FOMC statement about its rate hike decision.
How Has Westar Energy Performed in a Competitive Market?
The price-to-book value ratios of Westar, Xcel, Ameren, Great Plains, and Alliant are 1.5x, 1.8x, 1.6x, 1.2x, and 1.9x, respectively.
Pepco’s Organic Growth Boosted Its Revenue in 3Q15
Pepco Holdings has a market capitalization of $6.7 billion. The company’s year-to-date price movement has been stable with some downs in 2015.
South Central and Pacific Northwest drag US electricity production
Barring the Central Industrial, Southeast, and Pacific Southwest, all US divisions registered a drop in week-over-week electricity production.
Duke and NextEra lead a slump in regional electricity production
Analyzing regional electricity production helps investors identify electricity demand in key micro markets within the US.
NextEra Energy may be the greenest utility, but not the cleanest
NextEra ranks seventh in efficiency. Yet although NextEra is not the cleanest power utility in the US, its emissions are among the lowest in the industry.
NextEra takes commanding lead in green power
Natural gas, nuclear, and wind power make up 95% of NextEra’s total generation capacity. Coal, solar, oil, and hydro make up the rest.
Central Industrial and Southeast regions lead slump in electricity production
For the week ended December 26, 2014, each of the divisions across the United States reported a drop in electricity production on a week-over-week basis.
Coal stocks are paying a price for environmental regulations
Coal stocks for power generation fell by 18.4% in the last 12 months ending in September 2014. Coal stocks for power generation decreased quickly this year.
Why electricity demand is tepid in southern US regions
The southern region of the United States experiences warmer winters and requires less electricity. The region’s lower demand growth in winters is understandable.
Must-know: Risks to AES Corporation’s business
Given the nature of its business, AES Corporation (AES) faces risks relating to currency fluctuations, fuel prices, interest rates, and a scattered business model.
Must-know: Lowest EBITDA margin in 10 years for AES
AES Corporation (AES) reported EBITDA margins of 24.3% in the third quarter of 2014. Year-over-year EBITDA margins had dropped from 28.1% in 3Q13.
Why Exelon’s utility business contributed less in 3Q14
The income from Exelon’s utility segment this quarter was lower than last year. The combined net income from Exelon subsidiaries was $256 million for the third quarter. This means a year-over-year profit drop of 5.4%.
Why coal stocked with utilities is important
Coal-fired power plants require a continuous coal supply to produce electricity. To avoid disruptions in power production, power producers need to stock coal.