Pinnacle West (PNW) Misses on Q2 Earnings, Offers Outlook
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 4:13PM CDT
Pinnacle West Capital Corp. (PNW) reported adjusted earnings per share of $1.08 in the second quarter of 2016, lagging the Zacks Consensus Estimate of $1.14 by 5.3%.
CMS: 45.03 (-0.12), NEE: 127.63 (-0.87), FE: 33.31 (-1.00), PNW: 78.78 (-0.72)
NextEra Energy to sell equity units
PR Newswire - Tue Aug 02, 3:39PM CDT
NextEra Energy, Inc. (NYSE: NEE) announced today that it intends to sell $1.50 billion of equity units.
NEE: 127.63 (-0.87), NEP: 29.89 (-0.72)
Fitch Affirms NextEra's Ratings Following EFH's Acquisition Announcement; Outlook Stable
BusinessWire - Mon Aug 01, 10:16AM CDT
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of NextEra Energy, Inc. (NextEra) at 'A-' with a Stable Rating Outlook following the company's announcement to acquire 100% of the equity of reorganized Energy Future Holdings Corp. (EFH), which indirectly owns an 80% equity interest in Oncor Electric Delivery Company LLC (Oncor). Fitch has also affirmed the Long-Term IDR of NextEra Energy Capital Holdings, Inc. (Capital Holdings) at 'A-'. The IDR of NextEra is equalized with that of Capital Holdings due to the full, unconditional guarantee from NextEra. Fitch has also affirmed the IDR of Florida Power & Light (FPL) at 'A'. The Rating Outlook remains Stable for Capital Holdings and FPL.
NEE: 127.63 (-0.87)
NextEra Buys Stake in Oncor, Sells Interest in Energy Center
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:45AM CDT
NextEra Energy, Inc. (NEE)has made two major announcements last week related to the purchase and sale of certain assets
NEE: 127.63 (-0.87), HE: 30.51 (-0.26), DTE: 98.14 (-0.04), LNT: 40.42 (+0.15)
Blog Coverage NextEra Extends Energy Future Holdings Lifeline by Buying its Stake in Oncor
ACCESSWIRE - Mon Aug 01, 8:15AM CDT
LONDON, UK / ACCESSWIRE / August 1, 2016 / Active Wall St. blog coverage looks at the headline from NextEra Energy Inc. (NYSE: NEE) as the company announced on Friday, July 29, 2016, that it has acquired 80% stake of Energy Future Holdings (EFH), formerly known as TXU Corp., in Oncor Electric Delivery Company for $18.4 billion. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.
NEE: 127.63 (-0.87), HE: 30.51 (-0.26), EIX: 76.56 (-0.49)
NextEra Energy board declares quarterly dividend
PR Newswire - Fri Jul 29, 12:31PM CDT
The board of directors of NextEra Energy, Inc. (NYSE: NEE) today declared a regular quarterly common stock dividend of 87 cents per share. The dividend is payable on Sept. 15, 2016, to shareholders of record at the close of business on Aug. 30, 2016.
NEE: 127.63 (-0.87), NEP: 29.89 (-0.72)
NextEra Energy Resources agrees to sell Pennsylvania gas generating assets to Starwood Energy
PR Newswire - Fri Jul 29, 6:30AM CDT
NextEra Energy Resources, LLC, the competitive energy subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced that one of its subsidiaries has entered into an agreement to sell its ownership interest in its Marcus Hook generating assets to an investment affiliate of Starwood Energy Group Global, LLC, an energy infrastructure investment firm that specializes in value-add power generation, transmission and storage energy projects. The total consideration to be paid is $760 million, including estimated working capital at closing. Upon closing, NextEra Energy Resources expects the sale to result in net proceeds of approximately $255 million after repayment of the existing project related financing. The impact of the disposition of assets at the time of closing will be excluded from adjusted earnings.
NEE: 127.63 (-0.87), NEP: 29.89 (-0.72)
NextEra Energy reaches definitive agreement to acquire Energy Future Holdings' interest in Oncor Electric Delivery Company
PR Newswire - Fri Jul 29, 5:00AM CDT
NextEra Energy, Inc. (NYSE: NEE) today announced a definitive agreement under which a newly formed subsidiary of NextEra Energy will acquire 100 percent of the equity of reorganized Energy Future Holdings Corp. ("EFH"
NEE: 127.63 (-0.87), NEP: 29.89 (-0.72)
What is in Store for These Utility ETFs this Earnings Season?
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 2:21PM CDT
Will utilities traditionally considered to be one of the safe sectors manage to remain in the green post earnings?
NextEra Energy (NEE) Beats on Q2 Earnings, Maintains View
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 11:08AM CDT
NextEra Energy (NEE) reported second-quarter 2016 adjusted earnings of $1.67 per share, outpacing the Zacks Consensus Estimate of $1.58 by 5.7%
NEE: 127.63 (-0.87), NI: 25.94 (+0.13), PCG: 64.33 (+0.18), NRG: 13.77 (+0.11)
NextEra Energy (NEE) Beats on Q2 Earnings, Revenues Miss
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:00AM CDT
NextEra Energy's (NEE) earnings surpassed expectations. While our consensus called for second-quarter EPS of $1.58, the company reported an EPS of $1.67
NEE: 127.63 (-0.87)
NextEra Energy Partners, LP second-quarter 2016 financial results available on partnership's website
PR Newswire - Wed Jul 27, 6:30AM CDT
NextEra Energy Partners, LP (NYSE: NEP) has posted its second-quarter 2016 financial results in a news release available on the partnership's website by accessing the following link: www.NextEraEnergyPartners.com/Earnings.
NEE: 127.63 (-0.87), NEP: 29.89 (-0.72)
NextEra Energy second-quarter 2016 financial results available on company's website
PR Newswire - Wed Jul 27, 6:30AM CDT
NextEra Energy, Inc. (NYSE: NEE) has posted its second-quarter 2016 financial results in a news release available on the company's website by accessing the following link: www.NextEraEnergy.com/investors.
NEE: 127.63 (-0.87), NEP: 29.89 (-0.72)
NextEra's Hawaiian Electric Bid Rejected, Merger Called Off
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 8:44AM CDT
NextEra Energy, Inc.'s (NEE) proposed takeover of Hawaiian Electric Industries, Inc. (HE) has been rejected by regulatory authorities, after nearly two years of its initial filing.The rejection has lead the parties to call off the merger
NEE: 127.63 (-0.87), NI: 25.94 (+0.13), HE: 30.51 (-0.26), EXC: 36.78 (-0.68), LNT: 40.42 (+0.15)
NextEra Energy and Hawaiian Electric Industries Release Statement Regarding Pending Merger
PR Newswire - Fri Jul 15, 8:50PM CDT
NextEra Energy, Inc. (NYSE: NEE) and Hawaiian Electric Industries, Inc. (NYSE: HE) (HEI) today issued the following statement in connection with today's order by the Hawaii Public Utilities Commission (PUC):
NEE: 127.63 (-0.87), HE: 30.51 (-0.26), NEP: 29.89 (-0.72)
After Yesterday's Decline of 1.22%, NextEra Energy Offers Investors Better Value
Comtex SmarTrend(R) - Thu Jul 14, 12:31PM CDT
NextEra Energy (NYSE:NEE) traded in a range yesterday that spanned from a low of $126.56 to a high of $128.10. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $127.26 on volume of 947,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
NEE: 127.63 (-0.87)
FirstEnergy's (FE) Units on Infrastructure Upgrade Drive
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 10:25AM CDT
Diversified energy company FirstEnergy Corporation's (FE) units are making a slew of investments to upgrade infrastructure.
AEP: 69.01 (-0.30), NEE: 127.63 (-0.87), FE: 33.31 (-1.00), NRG: 13.77 (+0.11)
Stock Market News for July 08, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:10AM CDT
Benchmarks closed mixed on Thursday following a fall in crude prices and gains in shares of Costco.
CXO: 121.29 (+3.20), PSX: 76.15 (+1.89), XEL: 43.72 (-0.22), EXC: 36.78 (-0.68), DUK: 85.56 (-0.09), PEG: 45.16 (-0.23), XOM: 87.04 (+1.18), AET: 115.71 (+1.26), HUM: 169.57 (-1.61), T: 43.16 (-0.02), VLO: 52.35 (+0.72), NEE: 127.63 (-0.87), ADP: 87.97 (-0.70), MUR: 25.73 (+0.10), MPC: 38.79 (-0.01), CVX: 99.59 (+0.48), VZ: 54.00 (-0.50)
NextEra Energy Partners Closes Purchase of 2 Wind Farms
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 3:04PM CDT
Shares of NextEra Energy Partners, LP (NEP)inched up 1.10% to close at $31.24 following its announcement of the acquisition of two wind farms from its parent company, NextEra Energy, Inc. (NEE).
HYGS: 6.88 (-0.05), NEE: 127.63 (-0.87), NEP: 29.89 (-0.72), GEVO: 0.53 (+0.01)