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ONE Gas to Participate in Mizuho Mid-Cap Utilities Conference
Prnewswire· 2025-06-03 20:15
Company Overview - ONE Gas, Inc. is a 100-percent regulated natural gas utility and trades on the New York Stock Exchange under the symbol "OGS" [2] - The company is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States [2] - Headquartered in Tulsa, Oklahoma, ONE Gas provides reliable and affordable energy to over 2.3 million customers in Kansas, Oklahoma, and Texas [3] Divisions and Market Position - ONE Gas operates through three divisions: Kansas Gas Service (largest in Kansas), Oklahoma Natural Gas (largest in Oklahoma), and Texas Gas Service (third largest in Texas by customer count) [3] Upcoming Events - ONE Gas will participate in the Mizuho Mid-Cap Utilities Conference on June 5, 2025, in New York City [1] - The conference will feature meetings with members of the investment community conducted by Robert S. McAnnally (CEO) and Christopher Sighinolfi (CFO) [1]
Transportadora De Gas Del Sur: Expanding Earnings, Compressing Multiples
Seeking Alpha· 2025-06-03 13:00
Group 1 - Transportadora de Gas del Sur (NYSE: TGS) is experiencing structural changes after years of frozen rates, with a normalization of the regulated business expected to begin in 2024 [1] - Starting in May 2025, TGS will implement an automatic monthly inflation update to adjust rates [1]
Fortis Inc. Announces Results of Series H First Preference Share and Series I Preference Share Conversions
Globenewswire· 2025-06-02 10:00
ST. JOHN'S, Newfoundland and Labrador, June 02, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) announced today that 11,298 of its 7,665,082 issued and outstanding Cumulative Redeemable Five-Year Fixed Rate Reset First Preference Shares, Series H ("Series H Shares") were tendered for conversion, on a one-for-one basis, into Cumulative Redeemable Floating Rate First Preference Shares, Series I ("Series I Shares") and that 248,830 of its 2,334,918 Series I Shares were tendered ...
Spring Storm Update: CenterPoint Energy has restored 90% of the 167,000 outages experienced overnight across Greater Houston
Prnewswire· 2025-05-27 23:00
Core Insights - CenterPoint Energy has successfully restored power to approximately 152,000 customers, representing 90% of those affected by the recent severe storm, which featured wind gusts of 60-70 miles per hour [1][7] - The company has activated its Emergency Operations Center in anticipation of further severe weather, deploying additional resources and personnel to expedite power restoration for the remaining customers [2][8] - Safety remains a top priority for the company as it addresses downed power lines and damaged infrastructure, urging customers to maintain a safe distance from hazards [3][8] Company Actions - Over 1,300 personnel have been deployed to assess damage and restore power, including 143 vegetation crews [8] - The company is leveraging its smart grid technology to reroute power on unaffected lines while focusing on assessing the type of damage to the electric system [8] - CenterPoint Energy encourages customers to enroll in its Power Alert Service for real-time updates on outages and restoration efforts [5] Company Overview - CenterPoint Energy, Inc. serves approximately 7 million metered customers across multiple states, including Indiana, Minnesota, Ohio, and Texas, and is headquartered in Houston [6] - As of March 31, 2025, the company reported approximately $44 billion in assets and has been serving customers for over 150 years [6]
3 Stocks With Upgraded Broker Ratings to Bet on Amid Uncertainties
ZACKS· 2025-05-27 14:11
Stock markets have been experiencing significant volatility of late. This is largely because of the ongoing trade war, which has also led to expectations of economic slowdown and rising inflation. As such, the Federal Reserve has kept interest rates steady. In such an uncertain environment, retail investors face significant challenges in selecting the right stocks and achieving strong returns.One way to cut short this task is to follow brokers’ recommendations. In this regard, stocks like Urban Outfitters, ...
Best Momentum Stocks to Buy for May 22nd
ZACKS· 2025-05-22 15:01
Group 1 - Fortis Inc. (FTS) is a Canadian electric and gas utility company with a Zacks Rank 1, and its current year earnings estimate increased by 4.2% over the last 60 days [1] - Fortis' shares have gained 9.5% over the last three months, while the S&P 500 declined by 1%, indicating strong performance [1] - The company has a Momentum Score of A, reflecting its strong momentum characteristics [1] Group 2 - MGIC Investment Corporation (MTG) is a mortgage insurance company with a Zacks Rank 1, and its current year earnings estimate increased by 1.8% over the last 60 days [2] - MGIC's shares have gained 8.9% over the last three months, compared to the S&P 500's decline of 1%, showcasing solid performance [2] - The company possesses a Momentum Score of B, indicating good momentum characteristics [2]
2025 Hurricane Season Preparations: CenterPoint Energy holds emergency response exercise with Houston-area partners
Prnewswire· 2025-05-22 14:39
Core Viewpoint - CenterPoint Energy is actively preparing for the 2025 hurricane season through a comprehensive emergency response exercise aimed at enhancing local cooperation and improving emergency preparedness and response plans [1][2][3]. Group 1: Emergency Preparedness Activities - The emergency simulation involves state and local officials, emergency management offices, and third-party evaluators to assess CenterPoint's response to major hurricanes [1][3]. - More than 200 CenterPoint employees and response partners are participating in the all-day exercise at the Emergency Operations Center [3]. - The exercise is part of a series of trainings and system-wide improvements under the Greater Houston Resiliency Initiative (GHRI) launched last year [3][4]. Group 2: Resiliency Improvements - Over the past 10 months, CenterPoint has implemented various resiliency actions to strengthen the energy system and mitigate the impact of outages during the hurricane season [4]. - The company is collaborating with industry-leading technology providers to leverage AI and emerging technologies for better weather impact predictions [7]. - CenterPoint is also donating and installing emergency generators at critical facilities and community centers to ensure essential services during emergencies [7]. Group 3: Company Overview - CenterPoint Energy, Inc. serves approximately 7 million metered customers across multiple states, with total assets of approximately $44 billion as of March 31, 2025 [5]. - The company has a workforce of around 8,300 employees and has been in operation for over 150 years [5].
Best Income Stocks to Buy for May 22nd
ZACKS· 2025-05-22 09:11
Group 1: Fortis Inc. (FTS) - Fortis Inc. is a Canadian electric and gas utility company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for Fortis' current year earnings has increased by 4.2% over the last 60 days [1] - Fortis has a dividend yield of 3.6%, which is higher than the industry average of 3.1% [1] Group 2: MGIC Investment Corporation (MTG) - MGIC Investment Corporation is a mortgage insurance company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for MGIC's current year earnings has increased by 1.8% over the last 60 days [2] - MGIC has a dividend yield of nearly 2%, compared to the industry average of 1.7% [2]
Southwest Gas Holdings Announces Launch of Secondary Public Offering of Centuri Holdings, Inc. Common Stock
Prnewswire· 2025-05-20 20:51
Core Viewpoint - Southwest Gas Holdings, Inc. is initiating a secondary public offering of 9,000,000 shares of Centuri Holdings, Inc. common stock, with an option for underwriters to purchase an additional 1,350,000 shares [1][2] Group 1: Offering Details - The offering includes 9,000,000 existing shares of Centuri's common stock, with a potential additional purchase option for underwriters [1] - Icahn Partners and Icahn Partners Master Fund LP will concurrently purchase $50 million in shares from Southwest Gas Holdings at the offering price [2] - The shares are being offered under an effective shelf registration statement filed with the SEC, and a preliminary prospectus supplement will be available [3] Group 2: Company Background - Southwest Gas Holdings operates through its subsidiary, Southwest Gas Corporation, providing natural gas services to over 2 million customers in Arizona, Nevada, and California [5] - Centuri Holdings, Inc. is a utility infrastructure services company that collaborates with regulated utilities to maintain energy networks across the U.S. and Canada [6]
PSE&G Proposes New Solutions To Help Customers Dealing With Upcoming Energy Price Increases
Prnewswire· 2025-05-15 21:45
PSE&G files updated proposal to offer additional short-term assistance, while standing ready for long-term solutionsNEWARK, N.J., May 15, 2025 /PRNewswire/ -- PSE&G today announced that it is amending its May 7, 2025 filing with the New Jersey Board of Public Utilities (BPU) to provide additional short-term relief for mitigating the impact of recent significant increases in electric supply costs caused by PJM's high capacity market prices. In the filing, PSE&G is responding to requests for temporary solutio ...