Gas Utilities
(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...
(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...
(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...
(SRE) Sempra Energy Gets Nod for Wind Project
Sempra Generation, a subsidiary of Sempra Energy (SRE), received approval from The Hawaii Public Utilities Commission for a 20-year contract to supply 21 megawatts (MW) of wind power from its Auwahi Wind project...
(SUG) Southern Union to Unite with Energy Transfer Equity
Southern Union Company (SUG) has entered into a definite agreement with Energy Transfer Equity, L.P. (ETE) under which the latter has agreed...
(SRE) Sempra Energy to Get Further Energized
San Diego Gas & Electric (“SDG&E”), a subsidiary of Sempra Energy (SRE) has filed for regulatory approval of three new power-purchase contracts for a total of 450 megawatts (MW) of quick-start...
(AGL) Company News for May 20, 2011 – Corporate Summary
• Professional-networking site LinkedIn (NASDAQ:LNKD) made its debut at the New York Stock Exchange on Thursday. Share prices rocketed 109.44% to more than double to close at $94.25
• Pet-store chain...
(OKE) ONEOK Incorporated Misses Earnings Estimates
ONEOK Inc. (OKE) reported a first-quarter profit of $1.19 per share, down from $1.44 earned in the year-ago quarter. The quarterly results also lagged the Zacks Consensus Estimate of $1.32 per share.
The...
(SUG) Southern Union Analyst Maintains Neutral on Shares
We continue to maintain our long-term Neutral recommendation on Southern Union Company (SUG), supported by a Zacks #3 Rank (Hold).
The Houston-based company is one of the U.S.’s leading diversified...
(EPB) El Paso Pipeline Partners Adds to Southern Natural Gas Company Stake
El Paso Pipeline Partners L.P. (EPB) said it will acquire an additional 22% interest in Southern Natural Gas Company (SNG) from El Paso Corporation (
28Mar2011 | vitalstocks | 0 comments | Continued(SRE) Sempra Energy Contracts With Suntech Power Holdings for Solar Panels
Sempra Energy (SRE), through its subsidiary Sempra Generation will procure solar panels from Suntech Power Holdings Co. Ltd. (STP). The panels...
(AGL) Stock Market News for December 8, 2010 – Market News
Agreement on extending the Bush-era tax cuts for another two years did little to boost stocks Tuesday as concerns over European finances and a sharp jump in bond yields tempered investors’ enthusiasm.
The Dow Jones industrial average, after rising as much as 89 points,...
(SRE) Sempra Energy Enters 20-Year Agreement with Pacific Gas & Electric
Sempra Energy (SRE) entered into a 20-year power-purchase agreement with Pacific Gas & Electric Company (PCG) to sell 150 megawatts (MW)...
(SRE) Sempra Energy Unloads Joint Venture to JPMorgan Chase
Sempra Energy (SRE) completed the sale of its joint venture with Royal Bank of Scotland Group PLC (RBS) – RBS Sempra Commodities to JPMorgan...
(SUG) Southern Union’s Earnings Report Lags Consensus
Southern Union Company (SUG) reported adjusted earnings per share of 44 cents in the first quarter of 2010, compared with 56 cents in the first quarter of 2009. The results of the company fell 8 cents short...
(PNY) Piedmont Natural Gas to Supply Natural Gas to Sutton Power Facility
Piedmont Natural Gas (PNY) and Progress Energy Carolinas, a subsidiary of Progress Energy Inc. (PGN), signed an agreement wherein Piedmont...
(EQT) EQT Corporation Analyst Upgrades to Neutral
We have recently upgraded EQT Corporation (EQT) to “Neutral” from “Underperform”.
EQT is an integrated energy company with an emphasis on natural gas supply activities in the Appalachian...
(CLNE) My Plan for Eliminating America’s Dependence on Foreign Oil
Why isn’t the U.S. government doing more to get us off foreign oil?
Great question. It’s one I ask myself all the time.
It was clearly on the minds of many attendees at the Investment U Conference in San Diego a couple of weeks ago, too....
(EPB) El Paso Pipeline Partners Buys Assets – Issues $425 Million Debt Offering
El Paso Pipeline Partners L.P. (EPB) has agreed to buy interests in two energy companies for $810 million. Separately, the company announced the commencement of a $425 million debt offering, which is due in...
(EQT) EQT Corporation Raises Earnings Guidance
To accelerate development of its Marcellus and Huron/Berea plays’ properties, EQT Corporation (EQT) has announced 12.5 million shares of its common stock offering.
Early last week, the company announced...
(EQT) EQT Corporation Buys Marcellus Assets
EQT Corp. (EQT) has decided to purchase approximately 58,000 net acres in the Marcellus Shale from a group of private operators and landowners in a stock and cash deal. The acreage is located primarily in...
(GAS) Nicor Beats Consensus Estimate – Earnings Surge
Gas distributor Nicor Inc. (GAS) reported better-than-expected fourth quarter results, reflecting improved operating income in the company’s gas distribution and other energy-related businesses on the back...
(OKE) ONEOK Incorporated Raises Dividend Payouts
The Board of Directors of ONEOK Inc. (OKE) has raised the quarterly dividend by 4.8% to 44 cents per share of common stock from 42 cents per share. The dividend is payable on February 12, 2010, to shareholders...
(OKE) ONEOK Provides 2010 Outlook
Yesterday, ONEOK Inc. (OKE) and its limited partnership ONEOK Partners L.P. (OKS) updated their 2009 outlook and provided 2010 earnings guidance.
ONEOK...
(EQT) EQT Corporation – Bear of the Day
Ahead of the fourth-quarter results, we are initiating coverage on EQT Corporation (EQT) with an Underperform recommendation and a target price of $39.
The company continues to deliver consistent production...
(EQT) EQT Corporation Analyst Initiates Coverage at Underperform
We have recently initiated coverage on EQT Corporation (EQT) with an Underperform recommendation and a target price of $39.
Based in Pittsburgh, Pennsylvania, EQT is an integrated energy company with...
(GAS) Analysts Initiating Nicor at Neutral
We are initiating coverage on Nicor Inc. (GAS) with a Neutral recommendation and a target price of $45.
Nicor’s core regulated gas distribution business, Nicor Gas, boasts of a large, stable, residential,...
(SRE) Sempra Energy Surpasses Earnings Estimates
Sempra Energy (SRE) posted strong third quarter results of $1.27 per share, beating the Zacks Consensus Estimate of $1.19 by 8 cents. The company also beat the year-ago earnings per share (EPS) of $1.24 by...
(OKE) ONEOK Inc Beats Expectations – Ups Earnings Guidance
ONEOK Inc. (OKE) reported third-quarter profit of 45 cents per share, above the Zacks Consensus Estimate of 23 cents. However, this was lower than 55 cents per share earned a year ago. The better-than-expected...
(PNY) Piedmont Natural Gas Agrees to Provide Natural Gas to Progress Energy
Energy services company Piedmont Natural Gas (PNY) has agreed to provide natural gas delivery service to Progress Energy’s (PGN) recently...