Utility Industry Stock Outlook - June 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 4:37PM CDT
Utility Industry Stock Outlook - June 2016
AEP: 66.85 (-0.11), UGI: 43.46 (-0.48), NI: 24.90 (-0.12), FE: 33.70 (-0.55), PEG: 44.36 (-0.26), OGS: 62.68 (-0.31), EIX: 73.96 (+0.30)
Why Investors Love These Electric Utilities' Stocks? - NextEra Energy, Edison Intl., Atlantic Power, and NRG Yield
PR Newswire - Mon Jun 06, 7:15AM CDT
Electric Utilities stocks continue to impress, which is why ActiveWallSt.com has selected four companies from this space for your assessment this morning: NextEra Energy Inc. (NYSE: NEE), Edison International (NYSE: EIX), Atlantic Power Corp. (NYSE: AT), and NRG Yield Inc. (NYSE: NYLD). Learn more about these stocks and access their free alerts by clicking below:
AT: 2.32 (-0.14), NEE: 123.83 (-0.15), NYLD: 15.82 (-0.76), EIX: 73.96 (+0.30)
Edison International Set to Possibly Pullback After Yesterday's Rally of 1.34%
Comtex SmarTrend(R) - Thu May 26, 2:17PM CDT
Edison International (NYSE:EIX) traded in a range yesterday that spanned from a low of $69.81 to a high of $70.76. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $70.16 on volume of 406,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
EIX: 73.96 (+0.30)
Edison International Announces New Leaders
BusinessWire - Wed May 25, 3:30PM CDT
Edison International (NYSE: EIX) today announced that Theodore F. Craver Jr., Edison International's chairman, president and chief executive officer, will retire effective Sept. 30, 2016 in keeping with the company's practice of its CEO retiring upon reaching age 65. Effective Sept. 30, Pedro J. Pizarro will succeed Craver as chief executive officer, and independent director William P. Sullivan will become non-executive chair.
EIX: 73.96 (+0.30)
SCE Launches Charge Ready Electric Vehicle Charging Pilot Program
BusinessWire - Mon May 16, 10:00AM CDT
Southern California Edison's Charge Ready program will bring representatives of local businesses and other organizations together on Wednesday in Irwindale to learn how they can take part in the pilot program that will add as many as 1,500 electric vehicle charging stations to SCE's service area.
EIX: 73.96 (+0.30)
NiSource (NI) Boosts Dividend Rate by 6.5%, Time to Buy?
Zacks Equity Research - Zacks Investment Research - Thu May 12, 7:21AM CDT
NiSource (NI) increased its quarterly dividend rate by 6.5% to 16.5 cents.
NEE: 123.83 (-0.15), NI: 24.90 (-0.12), DUK: 81.24 (-0.02), EIX: 73.96 (+0.30)
Southern California Edison Responds to CPUC Announcement
BusinessWire - Tue May 10, 3:05PM CDT
Southern California Edison has now reviewed the ruling issued Monday by the California Public Utilities Commission. Through its ruling, the commission has established a process that SCE believes will lead to a final decision on the San Onofre Nuclear Generating Station settlement. SCE will participate fully in the commission's process.
EIX: 73.96 (+0.30)
Edison International Falls 1.68% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue May 10, 2:11PM CDT
Edison International (NYSE:EIX) traded in a range yesterday that spanned from a low of $70.83 to a high of $72.63. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $71.18 on volume of 1.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
EIX: 73.96 (+0.30)
Energy Companies Launch Critical Transmission Equipment Sparing Company
PR Newswire - Mon May 09, 10:00AM CDT
Six energy companies Friday officially launched Grid Assurance(TM), an independent company providing transmission sparing solutions for critical electric transmission equipment.
AEP: 66.85 (-0.11), GXP: 30.03 (+0.03), ES: 56.68 (-0.20), DUK: 81.24 (-0.02), EIX: 73.96 (+0.30)
Xcel Energy (XEL) Beats on Q1 Earnings, Keeps 2016 View
Zacks Equity Research - Zacks Investment Research - Mon May 09, 8:33AM CDT
Xcel Energy Inc. (XEL) recorded first-quarter operating earnings of 47 cents per share, a penny higher than the Zacks Consensus Estimate.
XEL: 42.75 (+0.05), NI: 24.90 (-0.12), PPL: 39.32 (+0.07), EIX: 73.96 (+0.30)
Exelon (EXC) Beats Q1 Earnings, Misses Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:56AM CDT
Exelon's (EXC) first-quarter earnings were ahead of estimates, while total revenues lagged it.
NI: 24.90 (-0.12), EXC: 34.60 (-0.54), PPL: 39.32 (+0.07), EIX: 73.96 (+0.30)
OGE Energy (OGE) Q1 Earnings Meet Estimates, View Same
Zacks Equity Research - Zacks Investment Research - Fri May 06, 9:18AM CDT
OGE Energy Corp. (OGE) reported first-quarter 2016 earnings of 13 cents per share, in line with the Zacks Consensus Estimate.
CMS: 43.31 (-0.08), AEP: 66.85 (-0.11), OGE: 30.94 (-0.54), EIX: 73.96 (+0.30)
AES Corporation (AES) Q1 Earnings: Stock to Disappoint?
Zacks Equity Research - Zacks Investment Research - Thu May 05, 5:43PM CDT
The AES Corporation (AES) is scheduled to report first-quarter 2016 results before the opening bell on May 9. Let's see how things are shaping up for this announcement.
AEP: 66.85 (-0.11), AES: 11.20 (-0.24), PEGI: 21.16 (-1.03), EIX: 73.96 (+0.30)
As Outages Spike, Celebrate Moms and Grads With Secure Metallic Balloons
BusinessWire - Tue May 03, 1:00PM CDT
Like water and electricity, metallic balloons and power lines don't mix.
EIX: 73.96 (+0.30)
Edison International (EIX) Lags Q1 Earnings and Revenues
Zacks Equity Research - Zacks Investment Research - Tue May 03, 8:01AM CDT
Edison International (EIX) reported first-quarter 2016 results, wherein adjusted earnings of 82 cents per share came in below of the Zacks Consensus Estimate of 89 cents by 7.9%.
CMS: 43.31 (-0.08), AEP: 66.85 (-0.11), DTE: 93.91 (-0.14), EIX: 73.96 (+0.30)
Duke Energy (DUK) Meets Q1 Earnings Estimates, View Same
Zacks Equity Research - Zacks Investment Research - Tue May 03, 7:43AM CDT
Duke Energy Corporation (DUK) reported first-quarter 2016 adjusted earnings of $1.13 per share that came in line with the Zacks Consensus Estimate.
CMS: 43.31 (-0.08), DUK: 81.24 (-0.02), DYN: 18.27 (-2.47), EIX: 73.96 (+0.30)
Edison International misses 1Q profit forecasts
Automated Insights - Mon May 02, 3:25PM CDT
ROSEMEAD, Calif. (AP) _ Edison International (EIX) on Monday reported first-quarter net income of $296 million.
EIX: 73.96 (+0.30)
Edison International Reports First Quarter 2016 Results; Reaffirms 2016 Earnings Guidance
BusinessWire - Mon May 02, 3:01PM CDT
Edison International (NYSE: EIX) today reported first quarter 2016 net income on a GAAP basis of $271 million, or $0.83 per share, compared to $299 million, or $0.92 per share, in the first quarter of 2015. On an adjusted basis, Edison International's first quarter 2016 core earnings were $268 million, or $0.82 per share, compared to $294 million, or $0.90 per share, in the first quarter of 2015.
EIX: 73.96 (+0.30)
Utilities to Report Earnings Next Week: EIX, DUK, NI, WEC
Zacks Equity Research - Zacks Investment Research - Fri Apr 29, 6:11AM CDT
With earnings reports coming in thick and fast in a sluggish growth environment, this mature and steady industry can be a safe bet for investors.
NI: 24.90 (-0.12), DUK: 81.24 (-0.02), WEC: 62.53 (+0.21), EIX: 73.96 (+0.30)