Diversified Utilities
(UTL) Unitil Corporation Makes Rate Plea in New Hampshire
New Hampshire local natural gas distribution utility of Unitil Corporation (UTL) has made a request for an increase in natural gas distribution base rates. The request is made to New Hampshire Public Utilities Commission (NHPUC). It...3May2013 | vitalstocks | Comments Off | Continued
(PCG) PG&E Misses Earnings
PG&E Corporation’s (PCG) adjusted operating earnings per share of 63 cents in the first quarter of 2013 fell short of the Zacks Consensus Estimate of 70 cents. The reported figure also came in below the year-ago number of 89...2May2013 | vitalstocks | Comments Off | Continued
(WEC) Wisconsin Energy Beats Earnings Estimates
Wisconsin Energy Corporation (WEC) posted first-quarter 2013 net operating earnings of 76 cents per share, beating the Zacks Consensus Estimate by 5 cents. The 2 cent year-over-year rise in earnings was primarily driven by higher...1May2013 | vitalstocks | Comments Off | Continued
(NU) Northeast Utilities Remains Neutral
We are maintaining our Neutral recommendation on Northeast Utilities (NU). The company currently has a Zacks Rank #2 (Buy). Why the Reiteration? The reiteration is primarily based on risks associated with...27Apr2013 | vitalstocks | Comments Off | Continued
(NI) NiSource Concludes Notes Issuance
NiSource Inc.’s (NI) ancillary NiSource Finance Corp. concluded the sale of $750 million, 4.80% Series 1, long-term notes due Feb 15, 2044. The company will utilize the net proceeds to finance its short-term obligations under the...27Apr2013 | vitalstocks | Comments Off | Continued
(CMS) CMS Energy Reaches 52-Week High
On Apr 12, 2013, shares of CMS Energy Corporation (CMS) hit a 52-week high of $28.76. CMS Energy registered positive earnings surprises in the last three quarters, with an average beat of 3.75%. In 4Q12, the company reported...23Apr2013 | vitalstocks | Comments Off | Continued
(NU) Northeast Utilities Hits 52-Week High
On Apr 12, 2013, the shares of Northeast Utilities (NU) climbed to its 52-week high of $44.74 driven by its strong projects pipeline and diversified asset base. We expect the company’s long-term earnings growth to be 7.55%. As...21Apr2013 | vitalstocks | Comments Off | Continued
(PCG) PG&E Posts Higher Profits
PG&E Corporation’s (PCG) operating earnings per share of 59 cents in the fourth quarter of full year 2012 beat the Zacks Consensus Estimate of 58 cents. However this came below the year-ago number of 89 cents. On a reported basis,...1Mar2013 | Shawn | Comments Off | Continued
(LNT) Utility Industry Stock Outlook – Febuary 2013 – Industry Outlook
Overview The rise in population has led to an increasing demand for essential utility supplies. Here utility companies step in with their ability to generate essential supplies in large volumes and cater steadily to the needs of their customers. The utility companies generally...21Feb2013 | Shawn | Comments Off | Continued
(NVE) NV Energy Raises Dividend
The board of directors of NV Energy Inc. (NVE) has approved to increase the quarterly dividend of the company by 11.8% to 19 cents. The revised dividend is payable on Mar 20, 2013, to shareholders of record at the close of business...11Feb2013 | Shawn | Comments Off | Continued
(PCG) PG&E Corporation Revises Rates
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (PCG) has announced rate revision for its electric and gas customers to make up for the costs of additional electric transmission infrastructure to modernize California’s...3Jan2013 | Shawn | Comments Off | Continued
(TEG) Integrys Energy Group to Acquire Fox Energy
Wisconsin Public Service Corporation (“WPS”), a business wing of diversified energy company Integrys Energy Group Inc. (TEG), inked an agreement to acquire Fox Energy Company LLC owned by Connecticut-based General Electric...9Oct2012 | vitalstocks | Comments Off | Continued
(WEC) Wisconsin Energy Corporation Plant to Switch to Natural Gas
Energy utility Wisconsin Energy Corporation (WEC) announced that its unit We Energies is planning to convert the 280 MW, coal fired Valley Power Plant generation unit to natural gas. The primary reason for such a conversion is to make...22Aug2012 | vitalstocks | Comments Off | Continued
(EXC) Exelon Fulfills Merger Commitment
Exelon Corporation (EXC), one of the nation’s largest electric utilities, fulfills its Constellation-merger conditions by deciding to sale three of its Maryland based coal fired power plants to Raven Power Holdings LLC, a unit...22Aug2012 | vitalstocks | Comments Off | Continued
(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 transformation. On...19Nov2011 | vitalstocks | 0 comments | Continued
(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 year-over-year growth...3Aug2011 | vitalstocks | 0 comments | Continued
(PEG) Public Service Enterprise Group to Sell Texas Power Plant
PSEG Power LLC, a unit of Public Service Enterprise Group Inc. (PEG) announced that it has agreed to the sale of its 1,000 MW gas-fired Odessa generating facility in West Texas. The facility would be sold to Odessa Power, LLC, a subsidiary...28Jun2011 | vitalstocks | 0 comments | Continued
(CMS) CMS Energy Goes Green in Michigan
Consumers Energy, the major subsidiary of CMS Energy (CMS) has got into an agreement to purchase the total renewable energy output produced by the Fremont Community Digester (“FCD”). The contract is in line with the utility’s...28Jun2011 | vitalstocks | 0 comments | Continued
(PCG) PG&E Corporation Misses Expectations – Keeps Dividend Steady
PG&E Corporation’s (PCG) operating earning per share of 58 cents in the first quarter of fiscal 2011 fell short by a wide margin versus both the Zacks Consensus Estimate of 81 cents and the year-ago number of 79 cents. The...8May2011 | vitalstocks | 0 comments | Continued
(PEG) Public Service Enterprise Group Installs Solar Rooftops
Public Service Electric and Gas Company (PSE&G), a subsidiary of Public Service Enterprise Group Inc. (PEG), along with Matrix Development Group completed installation of two solar rooftops at adjacent Matrix-owned buildings in...4May2011 | vitalstocks | 0 comments | Continued
(NI) NiSource Quarterly Earnings Report Meets Expectations
Diversified utility NiSource Inc. (NI) posted first quarter 2011 net operating earnings of 72 cents per share, in line with the Zacks Consensus Estimate as well as year-ago results. Net operating earnings totaled $202.3 million, up...4May2011 | vitalstocks | 0 comments | Continued
(WEC) Wisconsin Energy Beats Earnings Estimates
Energy utility, Wisconsin Energy Corporation (WEC) earned net operating earnings of 72 cents per share in the first quarter of 2011, significantly beating the Zacks Consensus Estimate of 66 cents and the year-ago quarter’s operating...4May2011 | vitalstocks | 0 comments | Continued
(EXC) Exelon Acquiring Constellation Energy Group
Exelon Corporation (EXC) entered into a definite agreement to acquire Constellation Energy Group Inc. (CEG), for about $7.9 billion. Exelon is expected to issue 0.93...3May2011 | vitalstocks | 0 comments | Continued
(DPL) DPL Increases Dividend
DPL Inc. (DPL) increased the quarterly dividend on its common stock from $0.3025 to $0.3325 per common share. This action increased the annualized dividend from $1.21 to $1.33 per common share. Over the years, management of DPL has...13Dec2010 | vitalstocks | 0 comments | Continued
(PCG) PG&E Corporation Issues Fixed Interest Notes
On Thursday, Reuters reported that one of the largest combined natural gas and electric utilities in the U.S. PG&E Corporation (PCG) has issued fixed interest notes. This initiative is in line with its debt restructuring strategies....18Nov2010 | vitalstocks | 0 comments | Continued
(AEE) Ameren Analysts Upgrade Shares to Outperform
We recently upgraded our recommendation for Ameren Corporation (AEE) from Neutral to Outperform. Ameren’s stable and regulated electric power operations in the Midwest generate a relatively stable and growing earnings stream....2Nov2010 | vitalstocks | 0 comments | Continued
(ED) Consolidated Edison Breaks Ground on 20 Megawatt Solar Facility
Consolidated Edison Inc.’s (ED) wholly owned subsidiary, Con Edison Development and Panda Power Funds broke ground on a 20-megawatt solar electric generating station in Pilesgrove, New Jersey. The 71,400-panel solar farm — touted...25Oct2010 | vitalstocks | 0 comments | Continued
(CMS) 21 S&P 500 Companies Are Up More Than 40% Year To Date
If it seems like every stock you own or watch is breaking out to new highs, you’re almost right. As the September rally has continued into October, it has pushed 37.4% of the stocks on the S&P 500 to either new 52-week highs or within a fraction of that high. While it is an diverse...7Oct2010 | vitalstocks | 0 comments | Continued
(AEE) Ameren Corporation – Bull of the Day
Our bullish outlook for Ameren Corp. (AEE) is supported by the consistent performance across its solid base of stable utility operations in the Midwestern market, as well as its focus on cost minimization, its strong balance sheet,...7Oct2010 | vitalstocks | 0 comments | Continued
(ED) Consolidated Edison to Issue 6.3 Million Shares
Consolidated Edison Inc. (ED) announced that it will issue 6.3 million shares on October 1, 2010. Con Edison expects to invest the net proceeds from the sale of the common shares in its regulated utility subsidiary, Consolidated Edison...3Oct2010 | vitalstocks | 0 comments | Continued