NEWARK, N.J., April 8, 2025 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) will host its first quarter 2025 earnings call at 11:00 a.m. ET on Wednesday, April 30, during which management will discuss first quarter financial results, financial guidance, capital investments, regulatory activities, and other important matters. The audio webcast can be accessed at that time, along with accompanying presentation materials, on the Investor News and Events section of PSEG's Investor Relations ...

Core Viewpoint - The utility sector is viewed as a safe investment during economic turbulence, providing essential services that consumers prioritize even in difficult times [1][7][8]. Group 1: Definition and Characteristics of Utility Stocks - Utility stocks are companies primarily involved in distributing essential services such as electricity, gas, and water [5][6]. - The Global Industry Classification Standard (GICS) categorizes the utility sector to include electric, gas, and water utilities, as well as independent power producers and energy traders [6]. - Utility companies exhibit low economic sensitivity, generating stable revenues and profits, and are known for their substantial dividends [8][9]. Group 2: Investment Appeal - Investors are drawn to utility stocks due to their "stickiness" in revenues, similar to healthcare and consumer staples, making them defensive stocks [7][8]. - Utilities are often among the best-yielding market sectors, providing safety and potential upside during market downturns [9]. - The sector's stability allows for gradual rate increases, although growth is typically capped at low single-digit rates [11]. Group 3: Recent Trends and Opportunities - The rise of artificial intelligence (AI) is expected to significantly increase power usage over the next decade, presenting a unique growth opportunity for utility companies [12][13]. - This trend may enable utilities to enhance their business results in a way that has not been seen before [13]. Group 4: Criteria for Selecting Utility Stocks - A quality screen for selecting utility stocks includes companies within the S&P Composite 1500, with a long-term estimated earnings-per-share growth rate of at least 5% [15]. - Stocks should have a dividend yield of at least 2.5%, with a history of growing dividends by at least 5% over the past year [16][17]. - Companies should have at least five covering analysts and a consensus Buy rating of 2.5 or less on S&P Global Market Intelligence's ratings scale [18][19]. Group 5: Recommended Utility Stocks - Recommended utility stocks include: - IDACORP (IDA): 2.9% yield, 5.5% estimated annual dividend growth, 8.3% long-term EPS growth, consensus rating 1.75 [19]. - NiSource (NI): 2.8% yield, 6.8% estimated annual dividend growth, 8.0% long-term EPS growth, consensus rating 1.53 [19]. - DTE Energy (DTE): 3.1% yield, 6.9% estimated annual dividend growth, 8.0% long-term EPS growth, consensus rating 2.05 [19]. - New Jersey Resources (NJR): 3.6% yield, 5.4% estimated annual dividend growth, 7.6% long-term EPS growth, consensus rating 2.22 [19]. - CMS Energy (CMS): 2.9% yield, 5.8% estimated annual dividend growth, 7.3% long-term EPS growth, consensus rating 2.21 [19]. - Sempra (SRE): 3.7% yield, 5.6% estimated annual dividend growth, 7.0% long-term EPS growth, consensus rating 2.11 [19]. - Ameren (AEE): 2.6% yield, 6.3% estimated annual dividend growth, 6.9% long-term EPS growth, consensus rating 2.24 [19]. - Public Service Enterprise Group (PEG): 3.1% yield, 5.7% estimated annual dividend growth, 6.6% long-term EPS growth, consensus rating 2.35 [19]. - Essential Utilities (WTRG): 3.2% yield, 6.6% estimated annual dividend growth, 6.5% long-term EPS growth, consensus rating 1.46 [19]. - FirstEnergy (FE): 4.1% yield, 5.6% estimated annual dividend growth, 5.7% long-term EPS growth, consensus rating 2.39 [20].

Group 1: Market Reactions and Economic Impact - President Trump's "Liberation Day" has led to a 10% baseline reciprocal tariff on nearly all U.S. trading partners and a 25% tariff on foreign-made vehicles, resulting in a significant stock market sell-off and international retaliation [1] - The tech-heavy Nasdaq Composite dropped 6% in response, with the "Magnificent Seven" losing nearly $1 trillion in market capitalization [1] - The risk of recession has resurfaced, indicating a challenging economic environment for investors [1] Group 2: Investment Strategies - In times of market volatility, investors are shifting towards value investing as a strategy to capitalize on discounted stock prices [2] - Value investing involves selecting stocks that are undervalued based on metrics such as dividend yield, P/E, or P/B ratios [4] - The PEG ratio, which considers earnings growth potential, is highlighted as a crucial metric for identifying true value stocks [5][6] Group 3: Stock Picks and Performance - Four stocks identified as strong candidates for value investing include Qifu Technology, Suzano, Fresenius Medical Care, and JD.com [3] - Qifu Technology has a long-term historical earnings growth rate of 39.1%, a Value Score of A, and a Zacks Rank of 1 [9][10] - Suzano boasts a long-term expected growth rate of 55.7%, a Zacks Rank of 2, and a Value Score of A [11] - Fresenius Medical has a five-year expected growth rate of 11.9%, a Zacks Rank of 1, and a Value Score of A [12] - JD.com has a five-year historical growth rate of 44.3%, a Zacks Rank of 1, and a Value Score of A [14]

At a time when volatility strikes every second day, investors often rely on value investing rather than other options like growth or momentum. As soon as other investors start selling their stocks at a cheaper rate in times of market uncertainty, value investors take this as an opportunity to pick good stocks at a discounted price.Several stocks that have surged significantly in the recent past have shown the overwhelming success of this pure-play investment strategy. Here, we discuss four such stocks — JD. ...

Core Points - PSEG Long Island offers a Household Assistance Program that provides a monthly bill discount of $45 to nearly 40,000 eligible customers [2][6] - The company emphasizes its commitment to assist customers struggling with their electric bills through various outreach efforts and support programs [3][4] - Additional energy-saving programs, such as the Residential Energy Affordability Partnership Program, are available to help income-eligible customers reduce their energy bills [5] Group 1: Household Assistance Program - The Household Assistance Program is available year-round for customers who meet certain eligibility criteria, including enrollment in state or federal assistance programs [2][6] - Customers can apply for assistance by contacting PSEG Long Island's Advocacy Hotline [1][4] Group 2: Outreach and Support - PSEG Long Island actively engages with the community by hosting events, sending communications, and training organizations to assist customers with applications [3] - The company encourages customers with past-due balances to reach out for tailored payment agreements [4] Group 3: Energy Efficiency Programs - The Residential Energy Affordability Partnership Program offers free home energy surveys and installations of energy-saving measures for eligible customers [5] - The company provides tips and rebates for energy-efficient practices, such as using smart thermostats and LED bulbs, to help customers lower their energy usage [8]

Core Viewpoint - Public Service Enterprise Group, Inc. (PSEG) is focusing on renewable energy expansion and infrastructure investment to enhance its position in the clean energy market [1] Group 1: Investment Plans - PSEG plans to invest approximately $3.8 billion in 2025 for infrastructure modernization, energy efficiency, electrification initiatives, and load growth [2] - The company has a capital investment plan of $21-$24 billion for the period of 2025-2029, aiming for compounded annual rate base growth of 6-7.5% [2] Group 2: Clean Energy Initiatives - Significant investments are being made in solar initiatives, with the PSE&G segment owning 158 megawatts of installed photovoltaic solar capacity in New Jersey as of December 31, 2024 [3] - PSEG has accelerated its net-zero carbon emissions goal to 2030, extending its ambition by 20 years to align with the growing clean energy industry [4] Group 3: Environmental Remediation Costs - PSEG is collaborating with the New Jersey Department of Environmental Protection to assess and remediate 38 former manufactured gas plant sites, with estimated costs of $210-$234 million [5] - These remediation costs may negatively impact PSEG's operating results [5] Group 4: Financial Position - As of December 31, 2024, PSEG had $18.96 billion in long-term debt and a cash balance of $0.13 billion, indicating a weak solvency position [6] - The current debt value stands at $3.74 billion, further highlighting financial challenges [6] Group 5: Stock Performance - Over the past year, PSEG shares have increased by 30.2%, outperforming the industry growth of 19.8% [7]

In the equity market, investments always need to be prudently hedged in order 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 pure-play value investor to a GARP (growth at a reasonable price) investor might give ...

Core Insights - The article emphasizes the growing popularity of value investing as investors seek strategies that assess a stock's inherent potential amidst market volatility [1][2] - Warren Buffett's perspective on understanding a stock's "intrinsic value" is highlighted as a means to mitigate common pitfalls in value investing [2] - The article discusses four stocks that have recently performed well under a value investment strategy: Molson Coors Beverage, BioMarin Pharma, Devon Energy, and Jazz Pharmaceuticals [3] Value Investment Strategy - Value investing is gaining traction, but it can lead to "value traps" if investors do not fully understand the strategy [4] - Key metrics for identifying value stocks include dividend yield, P/E ratio, and P/B ratio, which help determine if a stock is undervalued [4] Importance of Earnings Growth - Investors are advised to focus on a stock's earnings growth potential over the next 12 to 24 months to avoid value traps [5] - The PEG ratio, which considers both price/earnings and earnings growth rate, is presented as a valuable metric for assessing intrinsic value [6] Screening Criteria for Value Stocks - Effective screening criteria for identifying promising value stocks include: - PEG Ratio less than industry median - P/E Ratio less than industry median - Zacks Rank 1 or 2 - Market Capitalization greater than $1 billion - Average 20-Day Volume greater than 50,000 - Percentage Change in F1 Earnings Estimate Revisions greater than 5% - Value Score of A or B [7] Featured Stocks - **Molson Coors Beverage (TAP)**: Holds a Zacks Rank 1, Value Score of A, and a five-year expected growth rate of 6.3% [8][9] - **BioMarin Pharma (BMRN)**: Has a Zacks Rank 2, Value Score of B, and a long-term historical growth rate of 77.6% [9][10] - **Devon Energy (DVN)**: Carries a Zacks Rank 2, Value Score of A, and a five-year historical growth rate of 40.1% [10][11] - **Jazz Pharmaceuticals (JAZZ)**: Holds a Value Score of A, Zacks Rank 1, and an expected long-term earnings growth rate of 7.4% [11][12]

Core Points - PSEG Long Island emphasizes the importance of customer awareness regarding scams, particularly those threatening immediate power shutoff [2][10] - The company advises customers to verify any unexpected demands for payment by contacting PSEG directly before taking action [2][7] Group 1: Scam Awareness - Scammers often use urgent threats to create panic, leading victims to overlook warning signs [2] - Common tactics include impersonating PSEG employees, demanding personal information, and offering fake discounts [4][5] - Scammers may also use phone spoofing to make their number appear as PSEG Long Island [7] Group 2: Payment Methods - PSEG Long Island does not accept payments through external web-based services, prepaid debit cards, or cryptocurrencies like Bitcoin [7] - Customers are advised to use only the official PSEG Long Island payment methods available through their website and mobile app [6][7] Group 3: Verification Procedures - Genuine PSEG representatives will provide specific account information and will not discuss account details with anyone other than the Customer of Record [8][9] - Customers should independently verify any suspicious calls or emails by contacting PSEG directly at 1-800-490-0025 [7][8] Group 4: Company Background - PSEG Long Island operates under a long-term contract with the Long Island Power Authority and is a subsidiary of Public Service Enterprise Group Inc. [12]

Asset Retirement Obligations - As of December 31, 2024, PSEG's total Asset Retirement Obligations (ARO) related to nuclear decommissioning amounted to approximately $1,035 million, representing nearly 100% of total AROs[419]. - A 1% decrease in the discount rate would lead to a $73 million increase in the Nuclear ARO, while a 1% increase in the inflation rate would result in a $346 million increase[421]. - The company recognizes liabilities for expected costs of retiring long-lived assets, which are recorded at fair value and capitalized as part of the related asset[417]. Risks and Uncertainties - The company faces risks including equipment failures, natural disasters, and cybersecurity threats that could impact service reliability and financial performance[19]. - Future performance is subject to uncertainties, including regulatory approvals and market conditions, which may cause actual results to differ from management's expectations[21]. - Changes in state and federal legislation may impact the company's ability to recover costs and earn returns on authorized investments[24]. Market and Financial Risks - The company is exposed to market risks from changes in commodity prices, interest rates, and equity prices, which could affect financial condition and operational results[405]. - A hypothetical 10% increase in market interest rates would lead to an additional $4 million in pre-tax annual interest costs related to long-term debt[437]. - A hypothetical 10% change in the equity market would impact the value of equity securities in the NDT Fund by approximately $138 million[438]. Financial Management and Reporting - The company’s financial statements comply with GAAP for rate-regulated enterprises, which may differ from non-regulated businesses in terms of revenue and expense recognition[420]. - The company emphasizes the importance of maintaining sufficient liquidity and access to capital on commercially reasonable terms to support operations[19]. - The company recognizes Regulatory Assets and Liabilities based on orders from the BPU, which significantly influence its financial reporting and cash flow management[424]. Risk Management - The Value-at-Risk (VaR) for the year ended December 31, 2024, at a 95% confidence level is $36 million, down from $48 million in 2023, indicating a decrease in potential losses[435]. - The average Value-at-Risk (VaR) for the period ended December 31, 2024, is $44 million, compared to $56 million in 2023, reflecting improved risk management[435]. - The high Value-at-Risk (VaR) for the year ended December 31, 2024, reached $152 million, an increase from $127 million in 2023, indicating potential volatility in market conditions[435]. - PSEG has a credit management process in place to assess and mitigate counterparty credit losses, which could materially impact financial condition if a major counterparty defaults[431]. Pension and OPEB Plans - The net assets in trust for pension and OPEB plans amount to $4.4 billion, with $1.4 billion in equity securities and $1.3 billion in fixed income securities as of December 31, 2024[438]. - The fixed income portfolio has a duration of 6.08 years and a yield of 4.91%, with a 1% increase in interest rates resulting in a decline in market value of approximately $77 million[439].