Utilities to Report Earnings on Aug 5: AEE, AES, CNP & PEGI
Zacks Equity Research - Zacks Investment Research - Thu Aug 04, 7:21AM CDT
Let us focus on the utilities scheduled to release Q2 earnings on Aug 5.
AES: 12.32 (-0.08), PEGI: 24.25 (-0.06), CNP: 23.62 (+0.12), AEE: 51.86 (+0.21)
Shares of CNP Up 26.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Aug 04, 1:01AM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 6 months, Centerpoint Energy has returned 26.89% as of today's recent price of $23.50.
CNP: 23.62 (+0.12)
CenterPoint (CNP) Q2 Earnings: What's Ahead for the Stock?
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 8:43AM CDT
CenterPoint Energy, Inc. (CNP) will release second-quarter 2016 financial results before the market opens on Aug 5.
GXP: 29.24 (+0.16), AES: 12.32 (-0.08), PEGI: 24.25 (-0.06), CNP: 23.62 (+0.12)
NiSource (NI) Q2 Earnings Top but Revenues Lag, Trims View
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 4:10PM CDT
NiSource Inc. (NI) reported second-quarter 2016 operating earnings of 8 cents per share, surpassing the Zacks Consensus Estimate of 7 cents by 14.3%.
NI: 25.59 (+0.25), AVA: 43.07 (+0.13), CNP: 23.62 (+0.12), SPKE: 24.64 (-0.02)
Centerpoint Energy (CNP) Approaches New Downside Target of $23.39
Comtex SmarTrend(R) - Tue Aug 02, 9:14AM CDT
Centerpoint Energy (NYSE:CNP) has opened bearishly below the pivot of $23.77 today and has reached the first level of support at $23.53. Should the shares continue to fall, the support pivots of $23.39 and $23.01 will be of interest.
CNP: 23.62 (+0.12)
CenterPoint Energy declares $0.2575 quarterly dividend
PR Newswire - Thu Jul 28, 4:30PM CDT
CenterPoint Energy, Inc.'s. (NYSE: CNP) board of directors today declared a regular quarterly cash dividend of $0.2575 per share of common stock payable on Sept. 9, 2016, to shareholders of record as of the close of business on Aug. 16, 2016.
CNP: 23.62 (+0.12)
Centerpoint Energy Has Returned 30.3% Since SmarTrend Recommendation (CNP)
Comtex SmarTrend(R) - Wed Jul 27, 1:25PM CDT
SmarTrend identified an Uptrend for Centerpoint Energy (NYSE:CNP) on February 1st, 2016 at $18.52. In approximately 6 months, Centerpoint Energy has returned 30.32% as of today's recent price of $24.14.
CNP: 23.62 (+0.12)
Watch for Centerpoint Energy to Potentially Pullback After Gaining 1.61% Yesterday
Comtex SmarTrend(R) - Fri Jul 15, 12:46PM CDT
Centerpoint Energy (NYSE:CNP) traded in a range yesterday that spanned from a low of $23.68 to a high of $24.06. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $23.96 on volume of 2.5 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: 23.62 (+0.12)
Look for Shares of Centerpoint Energy to Potentially Pullback after Yesterday's 1.61% Rise
Comtex SmarTrend(R) - Fri Jul 15, 12:44PM CDT
Centerpoint Energy (NYSE:CNP) traded in a range yesterday that spanned from a low of $23.68 to a high of $24.06. Yesterday, the shares gained 1.6%, which took the trading range above the 3-day high of $23.96 on volume of 2.5 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: 23.62 (+0.12)
Centerpoint Energy (CNP) Breaks Through Resistance at $23.83
Comtex SmarTrend(R) - Wed Jul 13, 8:49AM CDT
Shares of Centerpoint Energy (NYSE:CNP) opened today above their pivot of $23.74 and have already reached the first level of resistance at $23.83. Analysts will be watching for a cross of the next upside pivot targets of $23.95 and $24.16.
CNP: 23.62 (+0.12)
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: 80.35 (+0.02), AGR: 45.21 (+0.36), CNP: 23.62 (+0.12), SPKE: 24.64 (-0.02)
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: 36.48 (-0.09), CNP: 23.62 (+0.12), DTE: 97.15 (+0.48), BKH: 61.53 (-1.53)
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: 23.62 (+0.12)
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: 43.07 (+0.13), EXC: 36.48 (-0.09), CNP: 23.62 (+0.12), DTE: 97.15 (+0.48)
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: 12.32 (-0.08), CPL: 14.15 (+0.23), CNP: 23.62 (+0.12), SPKE: 24.64 (-0.02)
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: 45.36 (-0.49), PPL: 37.07 (-0.03), NJR: 36.06 (+0.02), CNP: 23.62 (+0.12)
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: 25.59 (+0.25), AVA: 43.07 (+0.13), CNP: 23.62 (+0.12), SPKE: 24.64 (-0.02)
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: 85.07 (-0.08), CNP: 23.62 (+0.12), CTWS: 50.24 (+0.09)
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