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What Enable Midstream’s Valuation Indicates before Its Earnings
Enable Midstream Partners’ forward EV-to-EBITDA multiple, which is based on the EBITDA estimate for the next 12 months, is 12.5x.
Utilities End Last Week of July in Style, Sector ETF Up 3.8%
All 41 utilities under our coverage gained during the week due to favorable macroeconomic data and strong earnings.
Dynegy Emerges as the Biggest Gainer among Power Utilities
Dynegy (DYN) was the biggest gainer among the power utilities for the week ending April 17. The stock gained 3.2% to end the week at $32.32.
NRG Energy lost 5.6% last week despite swinging into profit
NRG Energy (NRG) was the biggest loser last week. The stock lost 5.6% to end the week at $23.98 compared to $25.39 at the end of the week before.