Centerpoint Energy Inc (CNP) 23.49 $CNP
Entergy (ETR) Veers Away from Merchant to Focus on Utility
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:22PM CDT
Entergy is gradually transforming itself from a hybrid to a pure-play utility. Foremost on its agenda is to lower its exposure to the risk-prone and volatile wholesale commodities market by scaling down its EWC business.
ETR: 78.29 (+0.41), AGR: 43.81 (+0.50), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Exelon (EXC) Takes Formal Steps to Close 2 Nuclear Units
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 9:46AM CDT
Exelon Corporation (EXC) has taken formal steps to shut down its two loss making Clinton and Quad Cities nuclear power units.
EXC: 34.95 (+0.52), CNP: 23.49 (+0.25), DTE: 94.06 (+0.31), BKH: 61.96 (-0.02)
Downgrade Alert for Centerpoint Energy (CNP)
Comtex SmarTrend(R) - Thu Jun 23, 3:09AM CDT
Centerpoint Energy (NYSE:CNP) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $23.24 on volume of 3.7 million shares, above average daily volume of 3.6 million. Centerpoint Energy (NYSE:CNP) is currently priced 13.0% above its average consensus analyst price target of $20.21. The stock should find initial support at its 50-day moving average (MA) of $20.60 and further support at its 200-day MA of $18.72.
CNP: 23.49 (+0.25)
Exelon (EXC) Unit to Issue $1.2B Bonds to Refinance Debts
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 10:08AM CDT
Exelon (EXC) unit will issue $1.2 billion bonds to refinance existing debts and use the balance for general corporate purposes.
AVA: 42.19 (+0.17), EXC: 34.95 (+0.52), CNP: 23.49 (+0.25), DTE: 94.06 (+0.31)
Watch for Centerpoint Energy to Potentially Pullback After Gaining 1.36% Yesterday
Comtex SmarTrend(R) - Tue Jun 21, 3:49PM CDT
Centerpoint Energy (NYSE:CNP) traded in a range yesterday that spanned from a low of $23.10 to a high of $23.55. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $23.29 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CNP: 23.49 (+0.25)
AES Corp to Sell Brazil Unit to CPFL Energia for $464 Million
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:36AM CDT
The AES Corporation (AES) has signed an agreement to sell its entire equity interest in AES Sul in southern Brazil to CPFL Energia S.A. (CPL), the largest private utility in the country.
AES: 12.10 (+0.11), CPL: 12.22 (+0.07), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Utilities Sector Stocks Technical Coverage -- PPL Corp., CenterPoint Energy, ONEOK, and New Jersey Resources
PR Newswire - Fri Jun 17, 7:15AM CDT
On Thursday, June 16, 2016, the NASDAQ Composite ended the trading session at 4,844.92, up 0.21%; the Dow Jones Industrial Average advanced 0.53% to finish at 17,733.10; and the S&P 500 closed at 2,077.99, up 0.31%. The gains were broad based as seven out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: PPL Corporation (NYSE: PPL), CenterPoint Energy Inc. (NYSE: CNP), ONEOK Inc. (NYSE: OKE), and New Jersey Resources Corporation (NYSE: NJR). Learn more about these stocks by accessing their free trade alerts at:
OKE: 46.86 (+0.46), PPL: 39.44 (+0.13), NJR: 36.54 (+0.26), CNP: 23.49 (+0.25)
Avista Hits 52-Week High on Investments, Financial Strength
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:43AM CDT
Shares of Avista Corporation (AVA) touched a new 52-week high of $43.00 on Jun 15.
NI: 25.18 (-0.07), AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Zacks Industry Outlook Highlights: CenterPoint Energy, Connecticut Water Service and Duke Energy
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:30AM CDT
Zacks Industry Outlook Highlights: CenterPoint Energy, Connecticut Water Service and Duke Energy
DUK: 82.05 (+0.22), CNP: 23.49 (+0.25), CTWS: 53.28 (+0.69)
If You Seek a Stable Portfolio, Utilities Are a Must
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 3:01PM CDT
If You Seek a Stable Portfolio, Utilities Are a Must
73.95 (+0.16), STR: 25.03 (unch), GXP: 29.56 (-0.04), WTR: 33.82 (+0.33), WR: 55.93 (+0.09), DUK: 82.05 (+0.22), EXC: 34.95 (+0.52), AWK: 78.94 (+0.68), CNP: 23.49 (+0.25), CTWS: 53.28 (+0.69)
Duke Energy at 52-Week High on Investments & Acquisitions
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:32AM CDT
Shares of Duke Energy Corporation (DUK) scaled a new 52-week high of $81.60 on Jun 10, before closing slightly lower at $81.24.
NI: 25.18 (-0.07), DUK: 82.05 (+0.22), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
CenterPoint Energy Announced Winner of 2016 ISGAN and GSGF Smart Grid Awards
PR Newswire - Thu Jun 09, 3:34PM CDT
CenterPoint Energy Houston Electric, LLC (Houston Electric), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), has been chosen as the winner of the International Smart Grid Action Network (ISGAN) 2016 Award of Excellence and the Global Smart Grid Federation (GSGF) Best Smart Grid Project for 2016.
CNP: 23.49 (+0.25)
Centerpoint Energy Has Returned 25.4% Since SmarTrend Recommendation (CNP)
Comtex SmarTrend(R) - Thu Jun 09, 1:34PM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 4 months, Centerpoint Energy has returned 25.43% as of today's recent price of $23.23.
CNP: 23.49 (+0.25)
Centerpoint Energy Shares Up 22.0% Since SmarTrend's Buy Recommendation (CNP)
Comtex SmarTrend(R) - Thu Jun 02, 1:17AM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 4 months, Centerpoint Energy has returned 21.98% as of today's recent price of $22.59.
CNP: 23.49 (+0.25)
CenterPoint Hits 52-Week High on Strong Investment Plans
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:22AM CDT
Shares of CenterPoint Energy Inc. (CNP) scaled a new 52-week high of $22.51 on May 30.
KEP: 25.66 (+0.11), AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
CenterPoint Energy to Pay Additional Interest on its 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029
PR Newswire - Wed May 25, 4:00PM CDT
CenterPoint Energy, Inc. (NYSE: CNP) has established June 6, 2016, as an Additional Interest Regular Record Date under the terms of its 2.0 percent Zero-Premium Exchangeable Subordinated Notes due 2029 (ZENS). Additional Interest of $12.5505 per ZENS note will be paid on June 20, 2016, to holders of record as of the close of business on the Additional Interest Regular Record Date.
CNP: 23.49 (+0.25)
DTE Energy Starts Panel Installation at Lapeer Solar Parks
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:24AM CDT
DTE Energy (DTE), a leading provider of solar energy in Michigan, has started installing solar panels at two projects in Lapeer.
AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), DTE: 94.06 (+0.31), SPKE: 32.83 (-0.40)
PG&E Corporation (PCG) Increases Annual Dividend by 7.7%
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:39AM CDT
PG&E Corporation (PCG) announced that its board of directors has approved an increase in the quarterly dividend rate by 3.5 cents, bringing the annualized payout to $1.96 per share, up 7.7% from $1.82 paid earlier.
AVA: 42.19 (+0.17), PCG: 62.13 (-0.02), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Centerpoint Energy Up 19.0% Since SmarTrend Uptrend Call (CNP)
Comtex SmarTrend(R) - Wed May 25, 1:05AM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 4 months, Centerpoint Energy has returned 18.95% as of today's recent price of $22.03.
CNP: 23.49 (+0.25)
Ameren's Investments Impress, Stringent Regulations a Woe
Zacks Equity Research - Zacks Investment Research - Thu May 19, 7:15AM CDT
On May 18, 2016, we updated a research report on St. Louis, MO-based Ameren Corporation (AEE)
AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), AEE: 51.50 (+0.24), SPKE: 32.83 (-0.40)
Entergy (ETR) Veers Away from Merchant to Focus on Utility
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 2:22PM CDT
Entergy is gradually transforming itself from a hybrid to a pure-play utility. Foremost on its agenda is to lower its exposure to the risk-prone and volatile wholesale commodities market by scaling down its EWC business.
ETR: 78.29 (+0.41), AGR: 43.81 (+0.50), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Exelon (EXC) Takes Formal Steps to Close 2 Nuclear Units
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 9:46AM CDT
Exelon Corporation (EXC) has taken formal steps to shut down its two loss making Clinton and Quad Cities nuclear power units.
EXC: 34.95 (+0.52), CNP: 23.49 (+0.25), DTE: 94.06 (+0.31), BKH: 61.96 (-0.02)
Downgrade Alert for Centerpoint Energy (CNP)
Comtex SmarTrend(R) - Thu Jun 23, 3:09AM CDT
Centerpoint Energy (NYSE:CNP) was downgraded from Outperform to Market Perform at Wells Fargo today. The stock closed yesterday at $23.24 on volume of 3.7 million shares, above average daily volume of 3.6 million. Centerpoint Energy (NYSE:CNP) is currently priced 13.0% above its average consensus analyst price target of $20.21. The stock should find initial support at its 50-day moving average (MA) of $20.60 and further support at its 200-day MA of $18.72.
CNP: 23.49 (+0.25)
Exelon (EXC) Unit to Issue $1.2B Bonds to Refinance Debts
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 10:08AM CDT
Exelon (EXC) unit will issue $1.2 billion bonds to refinance existing debts and use the balance for general corporate purposes.
AVA: 42.19 (+0.17), EXC: 34.95 (+0.52), CNP: 23.49 (+0.25), DTE: 94.06 (+0.31)
Watch for Centerpoint Energy to Potentially Pullback After Gaining 1.36% Yesterday
Comtex SmarTrend(R) - Tue Jun 21, 3:49PM CDT
Centerpoint Energy (NYSE:CNP) traded in a range yesterday that spanned from a low of $23.10 to a high of $23.55. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $23.29 on volume of 1.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CNP: 23.49 (+0.25)
AES Corp to Sell Brazil Unit to CPFL Energia for $464 Million
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:36AM CDT
The AES Corporation (AES) has signed an agreement to sell its entire equity interest in AES Sul in southern Brazil to CPFL Energia S.A. (CPL), the largest private utility in the country.
AES: 12.10 (+0.11), CPL: 12.22 (+0.07), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Utilities Sector Stocks Technical Coverage -- PPL Corp., CenterPoint Energy, ONEOK, and New Jersey Resources
PR Newswire - Fri Jun 17, 7:15AM CDT
On Thursday, June 16, 2016, the NASDAQ Composite ended the trading session at 4,844.92, up 0.21%; the Dow Jones Industrial Average advanced 0.53% to finish at 17,733.10; and the S&P 500 closed at 2,077.99, up 0.31%. The gains were broad based as seven out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: PPL Corporation (NYSE: PPL), CenterPoint Energy Inc. (NYSE: CNP), ONEOK Inc. (NYSE: OKE), and New Jersey Resources Corporation (NYSE: NJR). Learn more about these stocks by accessing their free trade alerts at:
OKE: 46.86 (+0.46), PPL: 39.44 (+0.13), NJR: 36.54 (+0.26), CNP: 23.49 (+0.25)
Avista Hits 52-Week High on Investments, Financial Strength
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:43AM CDT
Shares of Avista Corporation (AVA) touched a new 52-week high of $43.00 on Jun 15.
NI: 25.18 (-0.07), AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Zacks Industry Outlook Highlights: CenterPoint Energy, Connecticut Water Service and Duke Energy
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 8:30AM CDT
Zacks Industry Outlook Highlights: CenterPoint Energy, Connecticut Water Service and Duke Energy
DUK: 82.05 (+0.22), CNP: 23.49 (+0.25), CTWS: 53.28 (+0.69)
If You Seek a Stable Portfolio, Utilities Are a Must
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 3:01PM CDT
If You Seek a Stable Portfolio, Utilities Are a Must
73.95 (+0.16), STR: 25.03 (unch), GXP: 29.56 (-0.04), WTR: 33.82 (+0.33), WR: 55.93 (+0.09), DUK: 82.05 (+0.22), EXC: 34.95 (+0.52), AWK: 78.94 (+0.68), CNP: 23.49 (+0.25), CTWS: 53.28 (+0.69) Duke Energy at 52-Week High on Investments & Acquisitions
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 7:32AM CDT
Shares of Duke Energy Corporation (DUK) scaled a new 52-week high of $81.60 on Jun 10, before closing slightly lower at $81.24.
NI: 25.18 (-0.07), DUK: 82.05 (+0.22), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
CenterPoint Energy Announced Winner of 2016 ISGAN and GSGF Smart Grid Awards
PR Newswire - Thu Jun 09, 3:34PM CDT
CenterPoint Energy Houston Electric, LLC (Houston Electric), an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc. (NYSE: CNP), has been chosen as the winner of the International Smart Grid Action Network (ISGAN) 2016 Award of Excellence and the Global Smart Grid Federation (GSGF) Best Smart Grid Project for 2016.
CNP: 23.49 (+0.25)
Centerpoint Energy Has Returned 25.4% Since SmarTrend Recommendation (CNP)
Comtex SmarTrend(R) - Thu Jun 09, 1:34PM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 4 months, Centerpoint Energy has returned 25.43% as of today's recent price of $23.23.
CNP: 23.49 (+0.25)
Centerpoint Energy Shares Up 22.0% Since SmarTrend's Buy Recommendation (CNP)
Comtex SmarTrend(R) - Thu Jun 02, 1:17AM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 4 months, Centerpoint Energy has returned 21.98% as of today's recent price of $22.59.
CNP: 23.49 (+0.25)
CenterPoint Hits 52-Week High on Strong Investment Plans
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:22AM CDT
Shares of CenterPoint Energy Inc. (CNP) scaled a new 52-week high of $22.51 on May 30.
KEP: 25.66 (+0.11), AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
CenterPoint Energy to Pay Additional Interest on its 2.0% Zero-Premium Exchangeable Subordinated Notes due 2029
PR Newswire - Wed May 25, 4:00PM CDT
CenterPoint Energy, Inc. (NYSE: CNP) has established June 6, 2016, as an Additional Interest Regular Record Date under the terms of its 2.0 percent Zero-Premium Exchangeable Subordinated Notes due 2029 (ZENS). Additional Interest of $12.5505 per ZENS note will be paid on June 20, 2016, to holders of record as of the close of business on the Additional Interest Regular Record Date.
CNP: 23.49 (+0.25)
DTE Energy Starts Panel Installation at Lapeer Solar Parks
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:24AM CDT
DTE Energy (DTE), a leading provider of solar energy in Michigan, has started installing solar panels at two projects in Lapeer.
AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), DTE: 94.06 (+0.31), SPKE: 32.83 (-0.40)
PG&E Corporation (PCG) Increases Annual Dividend by 7.7%
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:39AM CDT
PG&E Corporation (PCG) announced that its board of directors has approved an increase in the quarterly dividend rate by 3.5 cents, bringing the annualized payout to $1.96 per share, up 7.7% from $1.82 paid earlier.
AVA: 42.19 (+0.17), PCG: 62.13 (-0.02), CNP: 23.49 (+0.25), SPKE: 32.83 (-0.40)
Centerpoint Energy Up 19.0% Since SmarTrend Uptrend Call (CNP)
Comtex SmarTrend(R) - Wed May 25, 1:05AM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 4 months, Centerpoint Energy has returned 18.95% as of today's recent price of $22.03.
CNP: 23.49 (+0.25)
Ameren's Investments Impress, Stringent Regulations a Woe
Zacks Equity Research - Zacks Investment Research - Thu May 19, 7:15AM CDT
On May 18, 2016, we updated a research report on St. Louis, MO-based Ameren Corporation (AEE)
AVA: 42.19 (+0.17), CNP: 23.49 (+0.25), AEE: 51.50 (+0.24), SPKE: 32.83 (-0.40)
