Southern Co

Dominion Energy’s (D) payout ratio (the percentage of profit that it gave away in the form of dividends) was 81% in 2016, which is higher than the industry average and slightly on the lower side of its five-year payout average of 85%.

Southern Company’s management has given an EPS guidance of $1.05 for the third quarter.

Institutional investors decreased their positions in NRG Energy (NRG) in June 2016.

NextEra Energy (NEE) beat its peers in terms of returns in the last few years. NextEra Energy returned 14% in 2018.

Dominion Resources (D) paid annual dividends of $2.80 in 2016. Duke Energy (DUK) paid dividends of $3.36 per share last year.

Utility ETFs have performed well in the last one year. The Vanguard Utilities Fund ETF (VPU) has been no exception to this.

The power sector is the backbone of any economy. All of the other industries depend on it. In the U.S., the power utilities business is characterized by steady dividends and stable earnings.

The top four utilities have failed to generate positive free cash flows in the last few years.

Utility stocks seem overvalued. Utilities have reached record levels. They have been trading at inflated valuations for months.

PPL (PPL), the top-yielding stock among the S&P 500 Utilities, has underperformed its peers in terms of total returns in 2018.

Over the past few years, utility stocks have given enormous returns and have largely followed broader markets.

Why are we combining thermal coal and power indicators? Thermal coal is mostly used for electricity generation.

The Utilities Select Sector SPDR ETF (XLU), which tracks the S&P 500 Utilities Index, is currently trading at a dividend yield of 3.5%.

NextEra Energy’s adjusted earnings have risen 13% year-over-year. The company reported an EPS of $2.35, which beat analysts’ consensus estimates.

Dividend yields of Southern Company (SO) and Duke Energy (DUK) currently stand at multi-year lows because utility stocks had a solid run this year.

NextEra Energy (NEE) is the second-largest power company in the US after Duke Energy (DUK) in terms of market capitalization.

The Three White Soldiers candlestick pattern is also a reversal pattern. It forms at the bottom of a downtrend. The pattern has three candles. All three of the candles are long and bullish.

Southern Company manages its regulated utility business through the following four subsidiary companies: Alabama Power, Georgia Power, Gulf Power, and Mississippi Power. These subsidiaries have a combined power generation capacity of 37,000 megawatts (or MW).

Fuel costs per kWh can be used to evaluate the efficiency of a power producer to produce electricity. Southern Company’s fuel cost per kWh is lower than its competitors’ in the regulated utility business.

NextEra Energy is a Florida-based power company. Its subsidiaries are Florida Light & Power and NextEra Energy Resources.

Southern Company (SO), the top regulated utility, declared a quarterly dividend of $0.62 per share last month. The ex-date for the dividends is Friday.

Despite valuation concerns, utility stocks seem relatively well placed at the moment, especially going into October, compared to broader markets.

Investors turned to defensive utilities intensified yesterday after President Trump announced 10% tariffs on another $300.0 billion worth of Chinese goods.

The defensives and utilities sector fell more than 2% last week while broader markets fell just 0.3%. Here’s why.

Utilities were close to their all-time high and gained 0.4% last week, while broader markets also gained marginally.

Many top utility stocks’ price targets were changed last week.

Currently, the Utilities Select Sector SPDR ETF (XLU) is trading at $58.2 after hitting an all-time high of $58.7 last week.

Utilities continued their upward march last week and outperformed broader markets.

On March 3, 2016, natural gas active futures were at the lowest closing level in the last 17 years.

The Utilities Select Sector SPDR ETF (XLU), which tracks the performance of the utility sector, fell 3.2% in January 2018.

Southern Company (SO), the second largest rate-regulated utility, is currently trading at an EV-to-EBITDA multiple of 10.5x.

US utilities have corrected notably over the past few weeks, and their recent valuations could start attracting new entrants.

The steep fall in utilities in the last couple of weeks seems to have aggravated utilities due to their record high valuations.

On October 13, 2017, Brent crude oil prices settled at $57.17 per barrel, 3% higher than $55.60 reported during the previous week.

On September 29, 2017, Brent crude oil prices closed at $57.54 per barrel compared to $56.86 the previous week.

High customer concentration In 2016, First Solar (FSLR) sold solar modules to customers in the United States, India, and the United Arab Emirates. Approximately 23% of its total revenue was from third-party module sales. The majority of First Solar’s customer base is in the United States, which makes up to more than 80% of total […]

Consolidated Edison’s (ED) 2016 operating revenues fell 4.0% due to a decline in every segment; namely, electric, gas, steam, and non-utility.

The US electric utility industry is a mature business that is growing slowly and steadily. The country’s electric grid consists of 7,300 power plants and 160,000 miles of high-voltage power lines that deliver electricity to more than 145 million customers.

As of September 30, 2015, Southern Company had total debt of $27 billion against equity of $20.6 billion. Of this, $22.3 billion is long-term debt.

American Electric Power has a geographically diversified market combination, with a major chunk of its revenue coming from its homeland Ohio.

Demand growth for electricity in the last decade has been sluggish due to increasingly energy-efficient devices and equipment.

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.

AES Corporation (AES) is a diversified power generation and utility company. It operates its business under six SBUs (strategic business units).

Southern Telecom is a telecommunications subsidiary of Southern Company. It provides dark fiber optic solutions to various businesses.

Of the 502 constituent stocks of SPY, only 23 recorded positive returns on Wall Street on August 20. Only seven stocks traded at a closing price above their moving averages.

Electricity storage is expensive. Most of the produced electricity is consumed instantaneously. As a result, electricity generation mirrors consumption.

The most important factor that affects electricity demand is household income. According to the U.S. Energy Information Administration (or EIA), between 1981 and 2001, household real disposable income increased by 49%—from $17,217 to $25,698.

The industry’s supply chain consists of three broad categories—generation, transmission, and distribution. Power generation requires a fuel source—for example, coal, nuclear, natural gas, or wind—and a power plant to convert the fuel source into electricity.

The top electric utility companies in the U.S. include Duke Energy, Exelon Corporation, Southern Company, NextEra Energy, and Dominion Resources. These companies are largest in terms of market cap.

Electricity comes from energy sources that are found in nature. These sources are called primary energy sources. They’re the first form of energy. Primary energy sources include coal, gas, oil, wind, and water.