Utilities
(GXP) Alternative Energy Stock Outlook – April 2012 – Zacks Analyst Interviews
Historically, the growth outlook of alternative energy companies has been inversely related to the prices of petroleum products and directly related to the state of the economy. While that relationship remains in place, other macroeconomic uncertainties are weighing on the...
(GAS) AGL Resources – Bear of the Day
We are maintaining our Underperform recommendation on AGL Resources, Inc. (GAS) with a target price of $36. We expect shareholder sentiment towards the company to remain lukewarm, considering its investment...
(AES) Company News for February 28, 2012 – Corporate Summary
• Lowe’s Companies, Inc. (NYSE:LOW) posted fourth-quarter 2011 quarterly earnings of $0.29 a share, surpassing the Zacks Consensus Estimate of $0.23
6Mar2012 | vitalstocks | Comments Off | Continued(D) Dominion Increases Dividend – Payout Intact
To maintain its payout ratio, Dominion Resources Inc. (D) has increased its quarterly dividend by 7.1%, bringing the annualized dividend to $2.11 per share from the previous payout of $1.97 per share.
Following...
(GAS) AGL Resources Incorporated – Bear of the Day
We are initiating coverage on AGL Resources Inc. (GAS) with an Underperform recommendation and a target price of $39. We expect shareholder sentiment towards the company to remain lukewarm, considering its...
(DUK) 2012 Predictions for Income Investors
by Marc Lichtenfeld, Investment U Senior...
(GAS) AGL Resources Incorporated – Bear of the Day
We are initiating coverage on AGL Resources Inc. (GAS) with an Underperform recommendation and a target price of $39. We expect shareholder sentiment towards the company to remain lukewarm, considering its...
(VE) Are Utility Stocks A Good Bet in 2012?
U.S.electric utility segment includes electric, natural gas pipeline and distributors, water, and independent power producers. The segment was among the most stable sectors in fiscal 2011 in terms of return.
Fiscal 2011 witnessed continued volatility from the European...
(DUK) Duke Energy Eyes Compromise
Duke Energy Carolinas, a subsidiary of Duke Energy Corporation (DUK), reached a compromise solution with the Office of Regulatory Staff (ORS); the Commission of Public Works for the city of Spartanburg, South...
(DTE) DTE Energy Company to Trim Debt
DTE Energy Company (DTE) with a view to trim its debt level announced that it would redeem $280 million of hybrid security on December 29, 2011. The hybrid securities are Trust Originated Preferred Securities...
(DUK) Duke Energy Signs New Credit Facility
Duke Energy Corporation (DUK) recently announced a new $6 billion, five-year credit agreement.
Duke Energy will have immediate access to $4 billion under the credit agreement while $2 billion becomes...
(AES) AES Clinches DPL Acquisition
The AES Corporation (AES) has completed the acquisition of DPL Inc. after receiving all necessary regulatory approvals. Recently, the Public Utilities Commission of Ohio (“PUCO”) cleared the acquisition...
(DPL) Alternative-Energy Stock Outlook – November 2011 – Industry Outlook
Historically, the growth outlook of alternative energy companies has been inversely related to the prices of petroleum products and directly related to the fortunes of the economy. In the near term, however, the fortunes of the alternative energy players are undergoing a radical...
(AEP) U.S. Industrial Production Rises
Total Industrial Production rose by 0.7% in October, much better than the 0.4% rise that was expected. However, September was revised down to a decline of 0.1% from being up 0.2%.
The Industrial production numbers are often distorted by Utility Output, which is often...
(DUK) Duke Energy Beats The Street – Misses Revenue Target
Duke Energy Corporation (DUK) announced its third-quarter 2011 operating earnings of 50 cents per share, beating the Zacks Consensus Estimate by 3 cents. However, the results were marginally lower than the...
(HE) Hawaiian Electric Industries Reports Strong Third Quarter Earnings
Hawaiian Electric Industries Inc. (HE), a Honolulu-based utility engaged in electric utility and banking operations primarily in the state of Hawaii, announced third-quarter 2011 operating earnings of 50 cents...
(AEP) American Electric Power Company Earnings Scorecard
On October 26, 2011, American Electric Power Company Inc. (AEP), a public utility holding company, posted mixed third-quarter 2011 results.
In the paragraphs that follow, we cover the recent earnings...
(AEP) Company News for October 27, 2011 – Corporate Summary
• American Electric Power Co., Inc.’s (NYSE:AEP) third quarter 2011 adjusted EPS of $1.17 came in ahead of the Zacks Consensus Estimate of $1.14
• General Dynamics Corp. (NYSE:
28Oct2011 | vitalstocks | 0 comments | Continued(NRG) NRG Energy Incorporated – Bear of the Day
We are downgrading our recommendation on NRG Energy, Inc. (NRG) to Underperform based on lower results from Reliant and NRG’s Texas gas-fired assets. Furthermore, the company remains exposed to the risk...
(DUK) Duke’s Wind Power Power’s Delaware Municipal Electric Corporation
Duke Energy Renewables, a commercial business unit of Duke Energy Corporation (DUK), will build and operate a new Laurel Hill Windpower Project in Lycoming County, north-central Pennsylvania. Under a 25-year...
(TE) TECO Energy Reports Lackluster Numbers
Energy utility TECO Energy Inc. (TE) announced its second-quarter 2011 operating earnings of 36 cents per share, at par with the Zacks Consensus Estimate and a penny above the year-ago figure.
GAAP and...
(EXC) Exelon Beats Quarterly Earnings Expectations
Exelon Corporation (EXC) announced second-quarter 2011 operating earnings of $1.05 per share, up from 99 cents per share in the year-ago quarter and ahead of the Zacks Consensus Estimate of 97 cents.
The...
(ETR) Entergy Buys 460 Megawatt Natural Gas Turbine
Integrated energy company Entergy Corporation (ETR) announced that its unit Entergy Mississippi Inc. will purchase Hinds Energy Facility, a 450 megawatt (MW) natural gas turbine, from KGen Power Corporation...
(ETR) Entergy Unit to Sell Bonds
Integrated energy company Entergy Corporation (ETR) announced that its unit Entergy Louisiana, LLC will sell $206 million bonds through an underwritten public offering.
The company intends to utilize...
(DUK) Duke Energy Corporation Unit Duke Energy Renewables Announces Windpower Project
Duke Energy Corporation (DUK) announced that its unit Duke Energy Renewables will build and operate a 131-megawatt (MW) Cimarron II Windpower Project in Gray County, Kansas. This new project is another addition...
(DTE) DTE Energy Expands Pipeline
Bluestone Gathering, a wholly owned subsidiary of DTE Energy Company (DTE), has signed a long-term agreement with Southwestern Energy Services Company (‘’SES’’) to build and operate a natural gas gathering...
(DUK) Duke Energy Files for Rate Hike
Duke Energy Corporation (DUK) said that its unit Duke Energy Carolinas has filed for a rate increase, as planned, with the North Carolina Utilities Commission to recover the investments made by the company...
(ELP) Companhia Paranaense de Energia Wins Approval for Tariff Adjustment
Companhia Paranaense de Energia (ELP), also known as COPEL, recently announced that the company has been granted approval for an average tariff adjustment of 5.55% by the National Electric Power Agency (ANEEL),...
(AEP) American Electric Power Investing in Competitive Renewable Energy Zone Projects
Electric Transmission Texas, LLC (‘’ETT’’) – a joint venture between the subsidiaries of American Electric Power Company (AEP) and MidAmerican Energy Holdings Company – has entered into master...
(D) Dominion Resources Installs New Scrubber
Dominion Resources Inc. (D) said its unit Dominion Virginia Power has installed a new pollution control equipment in its Chesterfield Power Station in Richmond with a view to reduce emission from this power...