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Jim Cramer Says He Thinks CMS Energy is “Fine”
Yahoo Finance· 2025-09-24 08:28
Core Insights - CMS Energy Corporation (NYSE:CMS) is recognized for its electricity and natural gas services, utilizing diverse energy sources including coal, gas, wind, nuclear, and renewables [1] - The company has agreed to sell its 13 hydroelectric dams to Confluence Hydro, aiming to reduce long-term costs while ensuring safety and supporting local economic needs [1] Company Overview - CMS Energy operates extensive generation, transmission, and distribution networks, serving millions of residential, commercial, and industrial customers [1] - The company is involved in the development and operation of renewable energy projects [1] Recent Developments - The sale of the hydroelectric dams includes a 30-year power supply contract and is subject to regulatory approval [1] - The transaction is intended to transfer operations to a buyer focused on river hydro generation, as stated by the company's Vice President, Jean Kang [1]
Iberdrola (OTCPK:IBDR.Y) 2025 Earnings Call Presentation
2025-09-24 07:30
Strategic Direction - Iberdrola is focusing on A-rated countries and prioritizing regulated/long-term contracted businesses for predictable and profitable growth[52] - The company aims to increase its regulated and long-term contracted EBITDA profile to approximately 75% by 2028-2030, up from approximately 60% in 2021-2024[109, 110] - Iberdrola reaffirms its shareholder remuneration policy, targeting a payout ratio between 65% and 75% of EPS and a DPS floor at EUR 064/Share[118, 119] Investment and Growth - Gross investments are projected to reach approximately EUR 58 billion, with approximately EUR 8 billion contributed by partners[70] - Approximately 2/3 of gross investments are allocated to the UK and the US, representing approximately 65% of the total[70, 71] - Networks investments are expected to double by 2030 and triple by 2035[34] - Renewable investments are projected to increase by over 50% by 2030[36] Financial Performance - EBITDA is projected to reach approximately EUR 18 billion by 2028, an increase of approximately EUR 3 billion from 2024[100, 101] - Adjusted Net Profit is expected to grow at a high single-digit CAGR from 2024 to 2028, reaching approximately EUR 76 billion by 2028[114, 115] - The company aims to increase its RAB (Regulated Asset Base) by approximately 40% in just 4 years[82]
Europe's top utility Iberdrola to invest $68 bln with growing focus on US, UK grids
Reuters· 2025-09-24 07:02
Core Viewpoint - Spanish utility Iberdrola plans to invest 58 billion euros ($68.42 billion) through 2028, focusing on expanding and upgrading power networks in Britain and the United States [1] Investment Plans - The investment of 58 billion euros is aimed at enhancing the company's infrastructure and capabilities in key markets [1] - The emphasis on power networks indicates a strategic shift towards improving energy distribution and reliability [1] Geographic Focus - The primary focus of the investment will be on the British and American markets, highlighting the company's commitment to these regions [1] - This move aligns with broader trends in the energy sector, where modernization of power networks is becoming increasingly critical [1]
Alliant Energy Prices Offering of $725 Million of 5.750% Junior Subordinated Notes due 2056
Businesswire· 2025-09-24 00:03
Core Viewpoint - Alliant Energy Corporation has announced a public offering of $725 million in junior subordinated notes with a 5.750% interest rate, maturing in 2056, to manage its debt and corporate financing needs [1] Group 1: Offering Details - The public offering consists of $725 million aggregate principal amount of junior subordinated notes [1] - The notes will mature on April 1, 2056 [1] - The interest rate for the notes is set at 5.750% [1] Group 2: Use of Proceeds - Alliant Energy plans to use the net proceeds from the offering to reduce outstanding commercial paper [1] - The proceeds will also be utilized to retire long-term debt [1] - Additionally, the funds may be allocated for general corporate purposes [1] Group 3: Closing Expectations - The closing of the offering is anticipated to occur shortly [1]
FirstEnergy Corp. Declares Common Stock Dividend of 44.5 Cents Per Share
Prnewswire· 2025-09-23 20:20
Core Points - FirstEnergy Corp. has declared a quarterly dividend of 44.5 cents per share [1] - The dividend is payable on December 1, 2025, to shareholders of record as of November 7, 2025 [1]
Georgia Power announces 2025 Energy Storage System Request for Proposals
Prnewswire· 2025-09-23 20:00
ATLANTA , Sept. 23, 2025 /PRNewswire/ -- Georgia Power has announced the open comment period for its 2025 Request for Proposals (RFP) for Energy Storage System (ESS) resources. ...
Exelon to intensify push to own Mid-Atlantic power plants, CEO says
Reuters· 2025-09-23 18:15
Core Viewpoint - Exelon, a major U.S. electric utility, is planning to increase its ownership of power plants in the Mid-Atlantic region next year due to rising electricity bills driven by increased demand and new supply challenges [1] Group 1: Company Strategy - Exelon aims to enhance its presence in the Mid-Atlantic service area by acquiring more power plants [1] - The company is responding to the spike in electricity bills, which are influenced by rising demand in the region [1] Group 2: Market Context - The Mid-Atlantic region is experiencing significant increases in electricity costs, prompting utilities like Exelon to adapt their strategies [1] - The rising demand for electricity is a key factor contributing to the current market dynamics in the region [1]
Toronto Stock Exchange, Caribbean Utilities Company Ltd., The View from the C-Suite
Newsfile· 2025-09-23 15:53
Toronto Stock Exchange, Caribbean Utilities Company Ltd., The View from the C-SuiteSeptember 23, 2025 11:54 AM EDT | Source: Toronto Stock ExchangeToronto, Ontario--(Newsfile Corp. - September 23, 2025) - Richard Hew, President and Chief Executive Officer, Caribbean Utilities Company Ltd. ("CUC" or the "Company") (TSX: CUP.U), shares the Company's story in an interview with TMX Group.Cannot view this video? Visit:https://www.youtube.com/watch?v=nnjsMV130hsThe "View From The C-Suite" video inte ...
Is Portland General Electric (POR) Stock Undervalued Right Now?
ZACKS· 2025-09-23 14:40
Core Viewpoint - The article highlights Portland General Electric (POR) as a strong value stock, supported by its favorable valuation metrics and earnings outlook [4][8]. Valuation Metrics - POR has a P/E ratio of 12.86, which is lower than the industry average of 14.42. Its Forward P/E has fluctuated between 12.04 and 15.41 over the past year, with a median of 13.05 [4]. - The stock's P/B ratio stands at 1.22, significantly lower than the industry's average of 2.66. Over the past year, POR's P/B has ranged from 1.13 to 1.44, with a median of 1.21 [5]. - POR's P/S ratio is 1.34, compared to the industry average of 2.36, indicating a more favorable valuation based on sales [6]. - The P/CF ratio for POR is 5.69, which is substantially lower than the industry's average of 12.63. This ratio has varied between 5.28 and 6.49 over the past year, with a median of 5.71 [7]. Investment Outlook - The combination of POR's strong valuation metrics and positive earnings outlook suggests that the stock is currently undervalued, making it an attractive option for value investors [8].
Vistra Stock Falls from Record After Bear Note
Schaeffers Investment Research· 2025-09-23 14:29
Core Viewpoint - Vistra Corp's stock has experienced a significant decline following a downgrade from Jefferies, which has impacted investor sentiment and price targets [1] Group 1: Stock Performance - Vistra Corp's stock is down 5.7% to $205.49 after being downgraded from "buy" to "hold" by Jefferies, with a revised price target of $230 from $241 [1] - The stock reached a record high of $219.73 recently, a substantial increase from approximately $30 two years ago, reflecting a meteoric rise [1] - Despite the recent decline, the stock is still up 9.3% since the beginning of the month [1] Group 2: Market Indicators - The stock's 14-day Relative Strength Index (RSI) is at 80.9, indicating it is in "overbought" territory and suggesting a potential short-term dip [2] - Options activity has been notably bullish, with a 10-day call/put volume ratio of 2.57, ranking higher than 95% of readings from the past year [2] Group 3: Volatility Expectations - The Schaeffer's Volatility Index (SVI) for Vistra Corp is at 55%, placing it in the 10th percentile of its annual range, indicating that options traders are anticipating low volatility [3]