DUK, AWK, FE: Why These Utility Stocks Are in Focus
NRG Energy (NRG) has risen 23.1% in the past year, the most among high-volatility utility stocks.
Why Exelon’s recent quarterly earnings were positive
Exelon Corporation (EXC) reported a net income of $440 million in its 2Q14 earnings. The quarterly net income was $14 million lower year-over-year (or YoY).
How Higher Interest Rates Hamper Utilities
The expected rise in US interest rates later this year may dent the profitability of utilities, given their higher outflows toward debt servicing.
Oaktree Capital Sheds Nearly Half Its Holdings in NRG Energy
NRG Energy is a US-based integrated retail electricity and wholesale power-generation firm. The company has 2.5 million residential customers across the US.
Huge Rise in FirstEnergy’s Short Interest: What It Means
Short interest in FirstEnergy rose more than 17% on March 15, 2017. Total shorted shares in the company were 8.7 million on February 28, 2017.
Exelon Beats Earnings Estimates, Raises Guidance
Exelon Corporation (EXC) reported its third quarter earnings on October 26, 2016. It reported earnings of $0.91 per share for the quarter.
Analysts Are Cautious on FirstEnergy but Expect a Robust Gain
Of the 18 analysts tracking FirstEnergy (FE), eight recommend “buy,” six recommend “hold,” and four recommend “strong buy.”
NEE Has One of the Cleanest Generation Mixes in the US
NextEra Energy (NEE) has one of the cleanest generation mixes among peers.
Exelon’s Price Targets and Wall Street’s Opinion
In this series, we’re analyzing analysts’ favorite stocks from the S&P 500 Utilities Index (XLU). We’ll look at Exelon (EXC) in this part.
Breaking Down the Regulated and Deregulated US Electric Markets
The US electric utility industry is mostly regulated. The Public Utilities Regulatory Policies Act (or PURPA) was passed in 1978, beginning the deregulation of the utility industry.
Analyzing the 10 Top-Yielding SPX Utility Stocks
The Utilities Select Sector SPDR ETF (XLU), which represents the S&P 500 Utilities Index, currently yields 3.5%. In this series, we’ll discuss the top ten highest-yielding utility stocks from the S&P 500 Utilities Index.
Why Hybrid Utilities’ Yields Might Be Misleading
Hybrid utility FirstEnergy (FE) is presently trading at one of the highest dividend yields of 4.9%.
Overview: Highbridge Capital Management’s 2Q14 positions
Highbridge Capital Management is an alternative investment management organization. It was founded in 1992. The company has developed a diversified investment platform.
Which Utility Stocks Lead in Implied Volatility?
On November 8, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
NRG Energy’s Target Price after Its 4Q17 Earnings
NRG Energy (NRG) stock has a mean target price of $33.25, which indicates an upside potential of more than 23% for the next 12 months.
What Drove FirstEnergy’s Revenue in 3Q16?
FirstEnergy (FE) reported its third quarter financial results on November 4, 2016. It reported total operating revenue of $3.92 billion for the quarter.
FE, D, EXC, or ETR: Which Utility Stock Stung Investors?
Exelon (EXC) stock has corrected nearly 2% in the last year. Including dividends, its returns have come in at ~3%.
Utility Stocks: Analyzing Returns and Implied Volatilities
PPL rose the least in the past year among the list of low implied volatility utility stocks. It announced its 4Q16 financial results on February 1.
What Does FirstEnergy’s Stock Movement Indicate?
FirstEnergy (FE) is currently trading at a 6% and 9% premium to its 50-day and 200-day moving averages, respectively.
These SPX Utilities Could Gain You More than 10% from Here
US utilities have risen nearly 12% year-to-date and surpassed broader markets. Very few utility stocks offer handsome potential upside going forward.
Mild Weather Mars FirstEnergy’s Q2 Earnings
Electric utility company FirstEnergy (FE) released its second-quarter earnings results on July 23. It reported adjusted EPS of $0.61.
Analyzing Utility Stocks’ Implied Volatilities
On January 11, 2017, NRG Energy had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
First Energy: An overview of a power utility
First Energy’s operations include electricity generation, electricity sales, and transmission and delivery of electricity to six million customers in six U.S. states.
First Energy’s revenue mainly from regulated T&D
First Energy operates in six northeastern U.S. states. This translates to a service territory of 65,000 square miles. These states are allowed deregulation of electricity, but First Energy’s T&D network remains regulated.
How’s FirstEnergy Stock Placed Compared to Its Peers?
FirstEnergy’s (FE) increased focus on regulated operations helped the company. In 2018 FirstEnergy’s earnings increased ~19% compared to 2017.
What FirstEnergy’s Chart Indicators Suggest
Utilities have been following a downtrend recently, plummeting more than 10% since early last week.
How FirstEnergy Stock Ranks against Peers
FirstEnergy (FE) has been one of the top-performing stocks among the S&P 500 Utilities Index (XLU) this year.
Exelon Stock’s Current Valuation: What You Need to Know
Exelon Corporation (EXC) is currently trading at an EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) valuation multiple below 8.0x.
Assessing NextEra Energy’s 4Q17 Earnings and Growth Prospects
According to analysts’ estimates, NextEra Energy (NEE) will report EPS (earnings per share) of $1.31 for the quarter ended December 31, 2017.
Looking at FirstEnergy’s Price Targets and Analyst Views
According to analysts’ consensus, FirstEnergy stock has a mean price target of $36.2, which indicates an implied gain of 19% over the next 12 months.
AES Stock Offers Decent Upside Potential
AES (AES) has upside potential of 19% from its current price levels of $10.9. Wall Street analysts have given it a price target of $12.9.
Will Strong Crude Oil Prices Affect Coal Producers?
On October 20, 2017, WTI (West Texas Intermediate) crude oil prices closed at $51.47 per barrel.
Why FirstEnergy Stock Is Trading at a Deep Discount
Very few utility stocks from the S&P 500 Utilities Index (XLU) are currently trading at a fair valuation.
EXC, FE, and PEG: Are Hybrid Utilities Really Worth the Risk?
US utilities including giants like Duke Energy (DUK) and Southern Company (SO) have done fairly well in the last few months compared to broader markets.
Utilities Dominated the Market for the Second Consecutive Day
On February 23, 2017, the S&P 500 Utilities Sector surged and closed at its highest level since September 27, 2016.
Which Utility Has the Most Concerning Leverage?
Exelon Corporation (EXC) had net debt of $34 billion at the end of 3Q16. EXC has a net debt-to-EBITDA ratio of 4.5x, slightly above the industry average.
Utility Stocks with High Implied Volatilities
On December 21, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Identifying Utility Stocks with High Volatilities
On December 15, 2016, NRG Energy had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF.
Analyzing Utility Stocks with High Volatility
On December 6, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Utility Stocks That Lead in Implied Volatility
On October 26, 2016, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Analyzing Exelon’s Valuation after Its Recent Correction
Exelon is trading at a fair valuation compared to last month. This change is more or less due to its sharp correction in August.
Which Utility Stocks Have the Highest Implied Volatility?
As of June 22, 2016, NRG Energy (NRG) has the highest implied volatility figure of all utility companies at 48.5.
Comparing Exelon’s Yield and Dividends with Hybrid Utilities
Exelon (EXC) is currently trading at a forward dividend yield of 3.6%, with an expected dividend growth rate of slightly under 2% for the next two years.
PJM’s Capacity Auction Paints Bleak Picture for Power Generators
Last month’s PJM Interconnection auction cleared 167,306 megawatts of capacity, which came in at more competitive prices than last year.
Could AEP’s Sales Mix Grow Healthier If Its Merchant Arm Goes?
AEP’s generation and marketing segment operates in wholesale energy markets.
What Does American Electric Power’s Current Valuation Indicate?
American Electric Power and FirstEnergy (FE) closed down by 2.5% and 11%, respectively, on April 28 when federal regulators blocked income guarantees for their power plants.
PEG Maintains Its Guidance despite an Earnings Fall in 1Q16
Public Service Enterprise Group’s (PEG) management reiterated its fiscal 2016 earnings guidance range of $2.80–$3.00 per share.
Analysts Expect Lower Earnings from AEP in 1Q16
American Electric Power (AEP) is set to report its 1Q16 results on April 28, 2016. Wall Street analysts are estimating it to report earnings of $1.06 per share in 1Q16.
SO Is Well-Situated for Higher Dividends in the Near Future
Southern Company has a strong dividend payment history, and it has reported more than 67 years of consecutive quarterly payments of dividends.
PEG Raised Dividends in 2015, but Forward Dividend Yield Is Flat
Public Service Enterprise (PEG) has a strong dividend-paying history, and it has maintained an annual dividend growth rate of 2.6% in the last five years.
NextEra Energy Seeks Capacity Addition Using Renewables
NEE is further expanding its renewables footprint. In 9M15, it added 225 megawatts of wind capacity and 115 megawatts of solar generation capacity.
Transmission May Account for 50% of PEG’s Future Capital Spending
Given the centralized power generation model of Public Service Enterprise Group (PEG), expanding its transmission infrastructure is a necessity in order to grow.
PPL’s Focus on Regulated Operations Bodes Well for Its Dividends
PPL segregated its unregulated business from its regulated business in 2015. The strategic move may have a positive impact on the company’s earnings.
SCANA’s Main Energy Source to Shift from Coal to Nuclear
GENCO is SCANA’s subsidiary that looks after the power generation segment. It has a capacity of 605 megawatts and sells the generated power only to SCE&G.
S&P Upgraded PPL after the Separation of Its Unregulated Business
Debt profile PPL (PPL) is looking to strengthen its regulated business by investing $18 billion in the next five years. This funding will mainly be done by long-term debt financing. As of September 30, 2015, the company has total debt of $19.7 billion against equity of $10.2 billion. Of this total debt, $17.7 billion is long-term debt. […]
What You Should Know about Con Edison’s Operating Structure
Con Edison handles its competitive energy business through its three wholly-owned subsidiaries: Con Edison Solutions, Con Edison Energy, and Con Edison Development.
A Key Overview of FirstEnergy’s Operating Structure
FirstEnergy’s revenues are primarily derived from electric services provided by ten subsidiaries. The company serves a combined population of ~13.5 million.
FirstEnergy Relies Heavily on Coal for Power Generation
FirstEnergy generates power from a diverse mix of primary energy sources but is primarily dependent on coal, which accounts for 57% of its power generation.
Electricity Generation in the Southeast Fell 3.7% Last Week
Out of nine divisions, electricity generation increased in six and decreased in three for the week ending April 24. The Southeast saw the biggest fall.
33 out of 41 Utilities Dropped during the Week Ending April 17
Edison International (EIX) was the biggest loser among electrical utilities during the week ending April 17. The stock dropped 4.3% to end the week at $61.07.
Rocky Mountain Division Sees a Large Drop in Electricity Generation
Out of nine divisions, electricity generation increased in four divisions and decreased in five divisions for the week ending April 10.
Central Divisions Drive Increase in Electricity Generation
Out of nine US divisions, electricity generation increased in five and decreased in four for the week ending March 27.
Only Two Gainers among Utilities during a Turbulent Week
After gaining 3.4% the previous week, Utilities Select Sector SPDR ETF (XLU) was down 2.4% during the week ending March 27. The week saw only two gainers.
The South Central United States Drives US Electricity Generation
Electricity generation across all divisions except for South Central and the Rocky Mountains dropped during the week ending February 27.
Electricity production across the US rises substantially
Electricity production in all major census divisions increased during the week ended February 20.
Highbridge Capital exits position in Eli Lilly
Highbridge Capital exited its position in Eli Lilly & Co. (LLY). Eli Lilly & Co. accounted for 0.47% of the fund’s first quarter portfolio.
Why Highbridge sells its shares in Advance Auto Parts Inc.
Highbridge Capital exited its position in Advance Auto Parts Inc. (AAP). Advance Auto Parts Inc. accounted for 0.60% of the fund’s first quarter portfolio.