Air Products and Chemicals’ (APD) Industrial Gases–Asia segment accounted for 27.6% of APD’s total revenues in fiscal Q3 2018, expanding by 2.2 percentage points YoY from 25.4%.
Albemarle’s short interest As of January 31, 2018, Albemarle’s (ALB) short interest had increased in a big way since its 3Q17 earnings announcement on November 8, 2017, which indicates bearishness. Between November 8 and January 31, ALB’s short interest as a percentage of outstanding shares rose to 8.2% from 5.4%, and its stock price fell from $111.59 to […]
The Renewable Energy Development segment provides integrated renewable energy (PBW) services that include design, installation, and overseeing operations of clean energy projects.
Of the 23 analysts tracking NextEra, 18 have given it “buy” recommendations, and five have given it “hold” recommendations. None has recommended a “sell.”
NextEra Energy’s regulated utility Florida Power & Light reported earnings of $0.85 per share in 1Q16, as compared to earnings of $0.80 per share in 1Q15.
Mergers and acquisitions drove Exelon Corporation’s (EXC) growth in the last few years. Its acquisition of Constellation Energy in 2012 catalyzed its performance due to healthy capacity addition.
Electricity generation from renewable energy sources is expected to increase by 9% in 2016, mostly from additions in solar and wind generation facilities.
NRG Energy (NRG) reported its fourth quarter results on February 29, 2016. It reported a net loss of $6.4 billion in 4Q15 against its net income of $97 million in 4Q14.
Wall Street analysts’ consensus estimates suggest an average upside of 106% for FuelCell Energy, SolarCity, Plug Power, and EnerSys over the next 12 months.
Pacific Gas & Electric Corporation (PCG) has been given a median price target of $58.88 from Wall Street analysts. This implies a possible rise of 5% over the next year from PG&E Corporation’s current price of $56.
The Clean Power Plan could set a bigger stage for renewable energy in the energy mix of the United States. Renewable energy could outweigh energy from all fossil fuels combined by 2040.
As of February 9, FuelCell Energy is trading 40% below its 100-day moving average. In comparison, SolarCity is trading 24.3% below its 100-day moving average.
As of February 5, FuelCell Energy (FCEL) is trading 38% below its 100-day moving average. SolarCity (SCTY) is trading 25% below its 100-day moving average.
Southern Company (SO) reported its fourth quarter results on February 3, 2016. For 4Q15, Southern Company reported earnings of $403 million against $343 million in 4Q14.
As of February 3, FuelCell Energy is trading 38.5% below its 100-day moving average. SolarCity (SCTY) is trading 15.7% below its 100-day moving average.
NextEra Energy reported its 4Q15 earnings on January 28, 2016. NextEra continued its stellar performance, with its net income rising 17% year-over-year.
The Alstom acquisition closed 18 months after it was announced. So it didn’t contribute to GE’s 4Q15 revenue and earnings. Management expects Alstom to be on track for an EPS of $0.50 in 2016.
GE’s 4Q15 revenues came in at $33.9 billion, compared to analysts’ estimates of $35.9 billion. Revenues were up marginally compared to 4Q14’s $33.4 billion.
Dominion Resources (D) will announce its 4Q15 earnings on February 4, 2016. Management has provided an earnings guidance range of $0.85 to $0.95 per share for 4Q15.
FuelCell Energy (FCEL) is trading 42% below its 100-day moving average, as of yesterday’s close. In comparison, SolarCity (SCTY) is trading 25% below its 100-day moving average.
American Electric Power plans to invest $13 billion through 2018, 96% of which will go to its regulated segment, aiming for a 4–6% earnings growth annually.
NEER looks after the competitive business of NextEra Energy. 2015 was a strong year for NEER as revenues in 3Q15 rose by ~$300 million as compared to 3Q14.
Wall Street analysts’ consensus estimates suggest a whopping 112% upside for renewable energy companies FuelCell Energy, Solar Energy, Power Plug, and EnerSys.
The Guggenheim Solar ETF and the VanEck Vectors Global Alternate Energy ETF were trading 14% and 7%, respectively, below their 100-day moving averages.
As of January 13, 2016, FuelCell was trading 6% below its 20-day moving average. By contrast, SolarCity was trading 15% below its 20-day moving average.
FuelCell Energy (FCEL) is trading 44% below its 100-day moving average. SolarCity (SCTY) is trading 19% above its 100-day moving average as of December 29.
Clean energy was one of the important issues in the Paris Climate Agreement. Fuel cells produce clean energy from a chemical reaction between anodes and cathodes.
Experts think that OPEC (Organization of the Petroleum Exporting Countries) already sees the threat from solar and other non-fossil fuel energy sources.
With an aggressive focus on regulated operations, Con Edison’s revenues are expected to grow by 4% to $13.4 billion in 2016, according to Wall Street analysts’ estimates.
Pinnacle West Capital controls 6,426 megawatts of generation capacity, 35% of which is fired by coal. It also uses sources like natural gas and nuclear.
Utilities are shifting from coal to natural gas and various renewable energy sources for power generation. Rising fuel expenses are the driver behind this switch.
FuelCell Energy’s gross profit totaled $3.1 million in fiscal 4Q15, while it was $6 million in fiscal 4Q14. Its gross profit margin fell from 10.9% to 6.1%.
The cash flow is an important part of a company’s financials. Lower cash flows increase a company’s chances of being caught in a vicious cycle of debt raising and refinancing.
Experts don’t expect the low interest rate scenario to continue in 2016. It’s important to understand the different financials related to the interest rate scenario.
Plug Power (PLUG) and SolarCity’s (SCTY) sales grew by 140% and 56% on a YoY (year-over-year) basis in fiscal 3Q15. Their gross profit grew by 56% and 99%.
People want to move with technology. Technology requires power in order to run. So, fuel cells and solar energy will be a form of energy in the future.
American Electric Power’s Regulated segment is a major source of revenue that offers long-term growth. Its Deregulated segment has been quite volatile.
GE’s 3Q15 revenues came in at $31.7 billion, 1% lower than 3Q14’s $32.1 billion. Of the total revenues, $25.7 billion came from the industrial business.
According to the International Energy Agency (IEA), renewables are the third-largest contributor to global electricity production, accounting for 21.7% in 2013.
