First Base Rate Increase in Six Years, an Annual Increase of About One Percent NEWARK, N.J., Oct. 9, 2024 /PRNewswire/ -- Today, the New Jersey Board of Public Utilities (BPU) approved a settlement agreement that PSE&G had reached with BPU staff, the New Jersey Division of Rate Counsel and other parties to PSE&G's electric and gas distribution base rate case filed in December 2023. The settlement advances PSE&G's ability to continue providing customers with affordable, award-winning service and customer car ...

In the equity market, investments must be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question often arises is whether one should resort to a value strategy that seeks discounted stocks or opt for growth investing in extreme market instability. The investing track of Warren Buffett over the past few decades and his gradual shift from being a pure-play value investor to a GARP (growth at a reasonable price) investor might give us all the answers. Several stocks t ...

I'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. In my opinion, HODL can't generate significant alpha or maintain a high Sharpe ratio over the long run. Seeking Alpha requires active management and minimizing opportunity costs. Investors should understand seeking a high positive ...

A decade of planning and strengthening the grid has increased reliability and resilience UNIONDALE, N.Y., Sept. 26, 2024 /PRNewswire/ -- Coinciding with Climate Week 2024, PSEG Long Island and the Long Island Power Authority (LIPA) have partnered to publish a proactive Climate Change Resilience Plan (CCRP) to address changes in weather patterns projected over the coming decades. To review the full Climate Change Resilience Plan, click here. Experience the full interactive Multichannel News Release here: htt ...

Less volatile commodity prices and solid cost management enabling decrease for customers NEWARK, N.J., Sept. 26, 2024 /PRNewswire/ -- PSE&G announced today it is lowering gas bills for its residential customers by about 5%, effective Oct. 1, 2024, managing to keep costs down while improving the reliability of our gas system. "This is an opportunity to lower our gas supply rate, providing our customers with some price relief and helping to maintain affordability," said Dave Johnson, vice president Customer C ...

In a market dealing with external shocks, value investing is fast gaining popularity. The success of value investors like Warren Buffett underscores this. Buffett and his business partner, Charlie Munger, managed to register more than 19.8% CAGR for Berkshire Hathaway from 1965 through 2023. This compares favorably with a 10.2% rise of the S&P 500 Index during the same period. In this article, we discuss how the price/earnings to growth (PEG) ratio can become an efficient yardstick in picking the best value ...

A month has gone by since the last earnings report for PSEG (PEG) . Shares have added about 0.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is PSEG due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. PSEG Q2 Earnings Miss Estimates, Revenues Rise Y/Y Public Servi ...

Public Service Enterprise Group, Inc. (PEG) or PSEG's focus on renewable generation expansion is likely to bolster its footprint in the clean energy market. To enhance customer reliability, the company makes consistent investments in its infrastructure, strengthening its transmission and distribution system's resilience. However, this Zacks Rank #3 (Hold) company faces risks like an unfavorable financial position and expenditure to remediate every manufactured gas plant (MGP) site, which acts as a headwind. ...

In the equity market, investments need to be prudently hedged to overcome uncertainties and limit losses related to external shocks. A question that often arises is whether one should resort to a value strategy that seeks discounted stocks or opt for growth investing in times of extreme market instability. The investing track of the Oracle of Omaha over the past few decades and his gradual shift from being a pureplay value investor to a GARP (growth at a reasonable price) investor might give us all the answ ...

Revenues Unrelated to Contracts with Customers Revenues from Contracts with Customers NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) PSEG Power has entered into long-term contracts with LIPA for energy management and fuel procurement services. Revenue is recognized over time as services are rendered. Revenues Unrelated to Contracts with Customers PSEG Power's revenues unrelated to contracts with customers include electric, gas and certain energy-related transactions accounted for in accord ...