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Southern Company announces Accounting, Finance, and Treasury leadership moves
Prnewswire· 2025-07-22 19:00
ATLANTA, July 22, 2025 /PRNewswire/ -- Southern Company today announced two key leadership moves in its Accounting, Finance, and Treasury organization. Matt Kim, senior vice president of finance and treasurer of Southern Company, has been named senior vice president, comptroller, and chief accounting officer, and Aaron Abramovitz, executive vice president, CFO, and treasurer of Georgia Power Company, will become senior vice president of finance and treasurer for Southern Company, both effective July 31. ...
Why Eversource Energy (ES) is a Top Value Stock for the Long-Term
ZACKS· 2025-07-22 14:41
Company Overview - Eversource Energy, previously known as Northeast Utilities, is engaged in the energy delivery business, providing electricity and natural gas to residential, commercial, and industrial customers in Connecticut, New Hampshire, and Massachusetts [12]. Zacks Rank and Style Scores - Eversource Energy currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating a solid overall performance [13]. - The company has a Value Style Score of B, supported by attractive valuation metrics, including a forward P/E ratio of 13.86, which may appeal to value investors [13]. Earnings Estimates - An analyst has revised Eversource Energy's earnings estimate upwards in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.00 to $4.73 per share [13]. - The company has demonstrated an average earnings surprise of +2.7%, suggesting a positive trend in earnings performance [13]. Investment Consideration - With a solid Zacks Rank and top-tier Value and VGM Style Scores, Eversource Energy is recommended to be on investors' short lists for potential investment opportunities [14].
X @Bloomberg
Bloomberg· 2025-07-22 06:20
The UK made a final investment decision on the Sizewell C nuclear power plant, a £38 billion project that’s critical to the country’s energy and climate goals https://t.co/PWiESXB25N ...
CenterPoint Energy Names Well-Respected Energy Industry Executive Jesus Soto, Jr as Chief Operating Officer
Prnewswire· 2025-07-21 17:30
Soto is known for his track record of delivering operational excellence; executing large scale capital projects; and driving safety culture HOUSTON, July 21, 2025 /PRNewswire/ -- CenterPoint Energy today announced that Jesus Soto, Jr, a well-respected, energy industry executive with deep Texas roots will join the company as Executive Vice President and Chief Operating Officer. Soto will oversee the company's Electric Operations, Gas Operations, Safety, Supply Chain, and Customer Care functions, across all t ...
Utilities ETF (VPU) Hits New 52-Week High
ZACKS· 2025-07-21 10:01
Group 1 - Vanguard Utilities ETF (VPU) has reached a 52-week high and has increased by 19.7% from its 52-week low price of $151.69 per share [1] - The underlying index for VPU is the MSCI US Investable Market Utilities 25/50 Index, which includes stocks from large, mid-size, and small U.S. companies in the utilities sector, with an annual fee of 9 basis points [2] - The utility sector is currently appealing to investors seeking safety in defensive investments due to uncertain trade policies, as it is a low-beta sector that offers protection from significant market fluctuations [3] Group 2 - VPU is expected to maintain strong performance in the near term, indicated by a positive weighted alpha of 17.41, suggesting potential for further gains [4]
X @Bloomberg
Bloomberg· 2025-07-21 05:20
The World Bank plans to offer debt and equity funding, guarantees and political risk insurance to get a $6.4 billion Mozambican hydropower project off the ground https://t.co/ig2A9OsJlb ...
X @Bloomberg
Bloomberg· 2025-07-19 21:40
The UK government has made a new commitment to cut sewage pollution in half by 2030 as pressure to fix the industry ramps up https://t.co/DGEJ9YtjET ...
X @Investopedia
Investopedia· 2025-07-19 00:00
Talen Energy shares soared Friday, after the company said it's buying two natural gas-powered plants, in a move to meet growing demand to support AI data centers. https://t.co/JHTXFyEmrs ...
Exploring Analyst Estimates for NextEra (NEE) Q2 Earnings, Beyond Revenue and EPS
ZACKS· 2025-07-18 14:15
Core Insights - Wall Street analysts anticipate NextEra Energy (NEE) to report quarterly earnings of $1.01 per share, reflecting a year-over-year increase of 5.2% [1] - Expected revenues for the quarter are $7.27 billion, which represents a 19.7% increase compared to the same quarter last year [1] - The consensus EPS estimate has been revised upward by 7% over the past 30 days, indicating a reassessment of initial projections by analysts [1][2] Financial Metrics - Analysts project 'Operating Revenues- NextEra Energy Resources (NEER)' to reach $2.83 billion, showing a significant year-over-year change of +72.1% [4] - The forecast for 'Operating Revenues- Florida Power & Light (FPL)' is $4.42 billion, indicating a modest change of +0.7% year over year [4] - 'Operating Income (Loss)- Florida Power & Light (FPL)' is expected to be $1.84 billion, an increase from the previous year's figure of $1.74 billion [4] - The consensus estimate for 'Operating Income (Loss)- NextEra Energy Resources (NEER)' is $1.20 billion, compared to $7.00 million from the year-ago period [5] Stock Performance - Over the past month, NextEra shares have recorded a return of +5%, which is slightly below the Zacks S&P 500 composite's return of +5.4% [5] - NextEra holds a Zacks Rank 3 (Hold), suggesting that its performance is expected to align with the overall market in the near term [5]
The Utilities Sector Is Heating Up—Don't Miss the Breakout
MarketBeat· 2025-07-18 12:06
Core Viewpoint - The utilities sector is showing signs of strength and potential breakout, attracting investor attention as a historically defensive and dividend-rich sector [1][13]. Group 1: Sector Performance - The Utilities Select Sector SPDR Fund (XLU) has gained 9.5% year-to-date, outperforming the S&P 500 [2]. - XLU is currently consolidating just 0.7% below its 52-week high, which has been tested multiple times, indicating its significance as a resistance level [3]. - A decisive breakout above the $83 resistance area could trigger momentum-driven moves in the second half of the year [4]. Group 2: Technical Setup - XLU is forming a bullish technical pattern, with prices tightening below resistance while remaining above the 200-day simple moving average (SMA) [3]. - The sector's current technical positioning suggests a potential breakout may be imminent, making it attractive for investors seeking income and upside potential [2][4]. Group 3: Sector Drivers - The adoption of artificial intelligence is increasing demand for energy-intensive data centers, positioning utilities to play a central role in upgrading the power grid [6]. - Government policies and infrastructure spending are increasingly supporting the utilities sector, particularly with renewed attention on nuclear energy projects [7]. Group 4: Individual Stock Highlights - Southern Company (SO) has gained over 12% year-to-date and is testing multi-year resistance around the $93 level, with a potential breakout leading to significant momentum [9]. - NextEra Energy (NEE) has seen a 4.6% increase year-to-date and is showing signs of recovery, needing to clear the $76 resistance level for further upward movement [11][12]. Group 5: Investment Outlook - The utilities sector is gaining attention as a defensive yet potentially rewarding allocation for investors seeking yield, value, and momentum [13][14].