Public Service Enterprise Group Inc
Institutional Investment in PEG in 4Q17
The Vanguard Group added net 0.46 million shares of Public Service Enterprise Group (PEG) in 4Q17.
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.
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.
Why Hybrid Utilities’ Yields Might Be Misleading
Hybrid utility FirstEnergy (FE) is presently trading at one of the highest dividend yields of 4.9%.
Why NRG Energy’s Implied Volatility Is Elevated
On January 18, 2017, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
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.
Must-know: Who owns Dominion?
Institutional investors hold most of Dominion Resources’ (D) outstanding shares. As of June 30, 2014, a total of 351.2 million shares were held by 1,069 institutions.
Why electricity demand is linked to GDP
Electricity is the backbone of a nation’s progress. All of the industries need electricity to operate—directly or indirectly. When a business flourishes, the electricity consumption increases.
Top Utility Stocks’ Wall Street Ratings and Price Targets
Many top utility stocks are offering flattish potential upside due to the recent rally, based on analysts’ estimates.
Is Dominion Trading at a Premium Compared to Its Peers?
Dominion Energy’s (D) EV-to-EBITDA (enterprise value-to-EBITDA) multiple is 14.05x, and its five-year average EV-to-EBITDA multiple is 14.11x.
An Investor’s Guide: A Look at the 10 Largest S&P 500 Utilities
In this series, we’ll take a look at the top ten largest utility stocks of the S&P 500 Index. We’ll discuss their recent stock performances, valuations, and price targets.
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.
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.
Utilities’ Free Cash Flow Continues Downtrend, AEP No Exception
AEP’s free cash flow for 2015 declined to $218 million from $367 million in 2014.
American Electric Power’s 1Q16 Earnings: EPS Fell by 20%
American Electric Power’s total revenues in the quarter came in at $4 billion, missing analysts’ estimates. It reported revenues of $4.7 billion in the same quarter last year.
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.
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.
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.
PEG Will Strengthen Generation Fleet with Gas-Fired Power Plants
Public Service Enterprise Group (PEG) is aggressively increasing its generation fleet with a focus on gas and nuclear energy sources.
Why Interest Rates Will Be a Key Indicator for Utilities in 2016
US utilities (IDU) had a dismal performance in 2015 in part due to the fear of higher interest rates.
PEG Sees Bright Future with a Focus on Transmission
Public Service Enterprise Group (PEG) is one of the largest and oldest utilities in North America. Its aging infrastructure has become a serious obstacle in its growth over the last couple of years.
Electricity Generation Drops Again on Warmer Weather
Six of the nine census regions in the United States reported an increase in electricity generation during the week ended December 18, 2015.
Southeast, Central, and Northwest Drive Electricity Generation
The Southeast division is the largest division in the United States for electricity generation. It saw an increase of 482,000 MWh, or 2.8%, in electricity production to 17.5 million MWh.
Electricity Generation Falls in All Census Divisions
the electricity generation in the US fell by 3.5% to 71.1 million mWh. Electricity generation fell in all of the nine census divisions during the week ended October 9.
Central Division Leads the Fall in US Electricity Generation
Electricity generation in the US dropped 0.5% to 87.6 million megawatt hours during the week ended August 21. Electricity generation in five out of nine census regions fell during the week.
April Begins with Only 5 Losers in the Power Utilities Sector
While most power utilities (XLU) gained during the last week, five saw their stock prices drop. ITC Holdings (ITC) lost 2.4% to finish at $36.41.
US industrial production slows down in February
The Federal Reserve released industrial production data for February. Industrial production edged up by 0.1% in February against the expected 0.3%.
Must-know: Exelon’s position in the power industry
Exelon Corporation (EXC) is one of the largest power companies in the U.S. In 2013, Exelon reported operating revenues of $24.9 billion.