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Duke Energy marks Earth Month in South Carolina with $375,000 in grants to fight trash, promote tree planting, sustain trail access
Prnewswire· 2025-04-23 13:23
GREENVILLE, S.C., April 23, 2025 /PRNewswire/ -- Throughout the month of April, Duke Energy is highlighting the importance of sustainability of our state's natural assets with $375,000 in grants to organizations that manage and provide support to state and local parks, tree planting and advocacy, trail maintenance and litter prevention. Why it matters: By educating ourselves about environmental issues and making small changes, such as reducing plastic use, recycling, conserving energy and planting trees, we ...
Orkuveita Reykjavíkur - Green Bond Auction April 29th
Globenewswire· 2025-04-23 09:31
Group 1 - Reykjavík Energy (Orkuveita Reykjavíkur; OR) is conducting a bond auction on April 29, 2025, offering three classes of green bonds [1][2][3] - The bond class OR031033 GB has a fixed nominal interest rate of 8.30% with equal semi-annual payments and matures on October 3, 2033, with a previously issued nominal value of ISK 8,145 million [1] - The bond class OR280845 GB carries a fixed interest rate of 3.70%, is redeemable in 2037, and matures on August 28, 2045, with a previously issued nominal value of ISK 7,850 million [2] - The bond class OR180255 GB has a final maturity date of February 18, 2055, with a previously issued nominal value of ISK 38,216 million [3] Group 2 - Bids for the bonds must be submitted by email before UTC 17:00 on April 29, 2025, and transactions will be settled on May 6, 2025 [4] - Fossar Investment Bank hf. is responsible for overseeing the issuance, sale, and admission of the bonds to the Nasdaq sustainable bonds market in Iceland [3]
Chesapeake Utilities to Host its First Quarter 2025 Earnings Conference Call and Webcast on May 8, 2025
Prnewswire· 2025-04-22 20:53
Core Viewpoint - Chesapeake Utilities Corporation will host a conference call to discuss its financial results for Q1 2024 on May 8, 2025, with the earnings press release issued on May 7, 2025 [1]. Company Information - Chesapeake Utilities Corporation is a diversified energy delivery company listed on the NYSE under the ticker CPK, providing sustainable energy solutions through various services including natural gas transmission and distribution, electricity generation and distribution, propane gas distribution, and mobile compressed natural gas utility services [3]. Conference Call Details - The conference call will take place at 8:00 a.m. ET, and registration is required for those wishing to listen via live webcast [2]. - Dial-in information for the conference call includes a toll-free number (800-579-2543) and an international number (785-424-1789), with a Conference ID of CPKQ125 for participants [2]. - A replay of the conference call will be available on the company's website after the call concludes [2].
Dominion Vs. Sempra: Beaten Down But Turning Around
Seeking Alpha· 2025-04-20 18:08
Group 1 - Sempra's shares fell nearly 20% in a single session after the company reduced its guidance in February [1] - Dominion Energy has reported solid results despite facing a different market reaction compared to Sempra [1] Group 2 - Joseph Jones, a professor with over fifteen years of market study experience, focuses on portfolio construction from a dividend growth investor's perspective [1]
Reasons to Add National Grid Stock to Your Portfolio Now
ZACKS· 2025-04-17 17:00
Core Viewpoint - National Grid (NGG) is positioned to benefit from systematic investments aimed at upgrading and expanding its infrastructure, driven by rising demand from new customer connections and its low-risk, high-quality asset profile, making it a strong investment option in the utility sector [1] Group 1: Earnings Growth Projections - The Zacks Consensus Estimate for fiscal 2025 and 2026 earnings per share (EPS) has increased by 0.21% and 0.58%, respectively, over the past 60 days [2] - National Grid's long-term (three to five years) earnings growth rate is projected at 2.34% [3] Group 2: Focus on Clean Energy - The company is committed to enabling the energy transition and aims to achieve net-zero emissions by 2050, collaborating with partners to accelerate the development of a clean energy future [4] - Significant investments have been made in large-scale renewable energy projects, including wind and solar, particularly in the United States [4] Group 3: Demand from New Customers - National Grid is set to benefit from an additional 2.3 gigawatts of demand from new customer connections in its service region, including requests for transmission-scale data center connections [5] Group 4: Solvency - The time-to-interest earned ratio at the end of fiscal 2024 was 2.8, indicating the company's strong ability to meet future interest obligations [6] Group 5: Dividend Yield - National Grid has consistently increased shareholder value through dividends, with a current dividend yield of 2.84%, compared to the S&P 500 Composite's 1.66% [9] Group 6: Systematic Investments - The company plans to invest nearly $69 billion (£60 billion) across its service territory in the UK and the US over the next five years, with almost half allocated to energy system improvements in Massachusetts and New York [10] Group 7: Stock Performance - Over the past six months, NGG's stock has gained 6.5%, contrasting with a 4% decline in the industry [11]
Sempra: All Eyes On The Q1 Report Following The February Plunge
Seeking Alpha· 2025-04-17 01:50
Group 1 - Utilities (XLU) is one of only three S&P 500 sector ETFs that is up for the year, indicating strong performance in a generally declining market [1] - Despite a significant rebound in US equities since last week's lows, most sectors are experiencing notable declines, highlighting the defensive nature of utilities [1] - The trend suggests that defensive sectors like utilities remain in vogue as investors seek stability amid market volatility [1]
Sempra: Soaring Demand And Attractive Valuation Make It A Buy
Seeking Alpha· 2025-04-16 11:15
Group 1 - The article emphasizes the importance of stability in earnings and the ability to generate steady dividend income, particularly highlighting utility companies as strong candidates for meeting these criteria [2] - Sempra (NYSE: SRE) is specifically mentioned as a utility company that currently trades favorably, suggesting potential for investment [2] Group 2 - The focus of the investment service is on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1]
MGE Energy: This Small Utility Looks Substantially Overvalued
Seeking Alpha· 2025-04-15 19:15
Core Insights - The focus is on generating a 7%+ income yield through investments in energy stocks while minimizing principal loss [1] - The investment strategy includes managing risk through options and providing both micro and macro analysis of energy companies [1] Group 1: Investment Strategy - The investment group aims to provide early access to high-quality investment ideas that may not be publicly released [1] - The strategy emphasizes a portfolio of energy stocks and closed-end funds (CEFs) to achieve income generation [1] Group 2: Company Overview - MGE Energy is noted for its relatively small geographic service area [1] - The leader of the investment group specializes in energy sector analysis, focusing on both domestic and international companies [1]
For Earth Day, Free Tree Event Helps Suffolk Residents Save on Energy Costs
Prnewswire· 2025-04-15 18:11
Core Points - PSEG Long Island and Suffolk County are collaborating to provide over 230 free trees to customers as part of the Energy-Saving Trees program, aimed at reducing utility bills and enhancing system reliability [1][3] - The initiative is timed with Earth Day and emphasizes the environmental benefits of tree planting, including potential savings of up to 20% on summer energy bills once trees mature [2][3] - The program includes an online tool for customers to estimate energy savings based on strategic tree planting locations [3] Group 1 - The Energy-Saving Trees program allows customers to reserve trees starting April 14, with pick-up scheduled for April 22 at the H. Lee Dennison Building [2][4] - PSEG Long Island will also provide information on energy-saving programs and distribute reusable shopping bags and free LED lightbulbs during the tree pick-up event [4] - A similar event will be held in Nassau County on April 26, where residents can reserve trees starting April 17 [5] Group 2 - PSEG Long Island will participate in the RISE Earth Day event in the Rockaways on May 3, giving away 35 trees on a first-come, first-served basis [6] - The company is offering free Google Nest smart thermostats to customers through its Online Marketplace until April 29 [6] - PSEG Long Island is committed to community support through its Community Partnership Program, actively participating in local charity events [7]
Here's Why You Should Add Exelon Stock to Your Portfolio Now
ZACKS· 2025-04-15 11:05
Core Viewpoint - Exelon Corporation (EXC) is positioned as a strong investment option in the utility sector due to its systematic investments aimed at enhancing transmission and distribution infrastructure, which will improve service reliability and operational resilience [1] Group 1: Growth Projections - The Zacks Consensus Estimate for 2025 earnings per share (EPS) has risen by 1.1% to $2.66 over the past 60 days [2] - The Zacks Consensus Estimate for 2025 sales is projected at $23.99 billion, reflecting a year-over-year increase of 4.2% [2] - Exelon's long-term earnings growth rate is estimated at 5.99%, with a trailing four-quarter average earnings surprise of 7.6% [2] Group 2: Solvency - The time-to-interest earned ratio at the end of Q4 2024 was 2.4, indicating the company's strong ability to meet future interest obligations [3] Group 3: Dividend Growth - Exelon has declared a quarterly dividend of 40 cents per share for Q1 2025, leading to an annualized dividend of $1.60 [4] - The company aims to increase its dividend per share at a rate of 5-7% annually through 2028, subject to board approval, with a long-term dividend payout ratio projected at 60% [5] - Exelon's current dividend yield stands at 3.41%, outperforming the Zacks S&P 500 composite average of 1.38% [5] Group 4: Strategic Investments - Exelon plans to invest nearly $38 billion in regulated utility operations from 2025 to 2028, marking a 10% increase from previous plans [6] - The investment allocation includes $21.7 billion for electric distribution, $12.6 billion for electric transmission, and $3.8 billion for gas delivery [6] Group 5: Share Price Performance - Over the past three months, Exelon's stock has returned 19.1%, significantly outperforming the industry's growth of 1.8% [7]