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The Best Vanguard ETF to Invest $1,000 In Right Now
The Motley Fool· 2025-08-20 08:44
This Vanguard ETF could be a "happy medium" that's attractive to many investors. Choices, choices. Baskin-Robbins is famous for offering 31 flavors of ice cream. Heinz's famous slogan mentioned "57 varieties" of products (although the company actually has more than that). If you're an investor, Vanguard markets 97 exchange-traded funds (ETFs). You don't have to be overwhelmed by the number of ETF options, though. Here's arguably the best Vanguard ETF to invest $1,000 in right now. Crossing contenders off th ...
X @Bloomberg
Bloomberg· 2025-08-20 07:18
Iraq orders two floating power plants to help alleviate an electricity crisis that has seen near nationwide blackouts https://t.co/yzeVDJyOxZ ...
Is Berkshire Hathaway Stock a Buy Now?
The Motley Fool· 2025-08-20 00:41
Berkshire Hathaway is undergoing a significant change, and the stock has slumped in recent months. Here's why it could be a buying opportunity for investors. Berkshire Hathaway (BRK.A 1.28%) (BRK.B 1.35%) has a long history of outperformance under the leadership of legendary investor and CEO Warren Buffett. Earlier this year, Buffett announced he would step down from the CEO role at the end of the year, and Berkshire Hathaway stock has faced selling pressure. In addition to that, Berkshire owns assets acros ...
Google lands major nuclear energy deal to power it's massive AI data centers with 50 megawatt capacity
New York Post· 2025-08-20 00:07
Google, Kairos Power and the Tennessee Valley Authority have agreed to supply 50 megawatts of nuclear power to data centers in Tennessee and Alabama. The companies say the deal will help meet rising U.S. energy demand and advance the nation's role in next-generation nuclear power. Under the agreement, Kairos's Hermes 2 Plant in Oak Ridge will feed up to 50 megawatts into the TVA grid that serves Google's facilities. The deal makes TVA the first utility to purchase power from a GEN IV reactor. It also marks ...
Kirby McInerney LLP Announces Investigation Against National Grid plc on Behalf of Investors
GlobeNewswire News Room· 2025-08-19 20:42
Group 1 - The law firm Kirby McInerney LLP is investigating potential claims against National Grid USA Service Company, Inc. for possible violations of federal securities laws and unlawful business practices [1] - A report by the National Energy System Operator revealed that a fire at Heathrow Airport was caused by a known fault at an electrical substation owned by National Grid, which the company had been aware of since 2018 but failed to address [3] - Following the release of the NESO report, National Grid's American Depositary Receipt (ADR) price fell by $3.77, or approximately 5.07%, from $74.38 to $70.61 [3] Group 2 - Kirby McInerney LLP specializes in securities litigation and has achieved recoveries totaling billions of dollars for shareholders [6]
Can PPL's Diversified Fuel Mix Drive Growth & Decarbonization?
ZACKS· 2025-08-19 13:56
Core Insights - PPL Corporation is strategically positioned to benefit from multi-fuel generation through investments in a diverse energy portfolio aimed at enhancing grid reliability, reducing carbon emissions, and lowering costs for customers [1][2] - The company has set ambitious carbon emission reduction targets, aiming for a 70% reduction by 2035, 80% by 2040, and achieving carbon neutrality by 2050 [2] - PPL is investing $20 billion in a regulated capital investment plan from 2025 to 2028, focusing on new technology, grid strengthening, and clean energy generation capacity expansion [1][7] Investment and Growth Strategy - PPL is exploring low-carbon technologies, including hydrogen projects and carbon capture studies, to support its multi-fuel innovation [3][7] - The company is evaluating a diverse mix of replacement generation sources, including natural gas, renewables, and biofuels, to ensure reliability and resilience in the energy landscape [2][3] Earnings Estimates - The Zacks Consensus Estimate indicates a year-over-year EPS growth of 7.69% for 2025 and 8.33% for 2026 [6][7] - Current estimates for 2025 EPS are $1.82, with a projected increase to $1.97 in 2026 [8] Market Position - PPL is trading at a premium with a forward 12-month price-to-earnings ratio of 18.95X, compared to the industry average of 14.97X [9] - Over the past three months, PPL's shares have increased by 3.5%, while the industry has seen a decline of 0.6% [11]
Here's Why IDACORP Stock Deserves a Spot in Your Portfolio Right Away
ZACKS· 2025-08-19 13:51
Core Viewpoint - IDACORP Inc. (IDA) is positioned as a strong investment option in the utility sector due to its strategic investments, customer growth, effective cost management, and focus on clean energy production [1] Growth Projections & Surprise History - The Zacks Consensus Estimate for IDA's 2025 earnings per share (EPS) has increased by 0.3% to $5.83 over the past 60 days [2] - The 2025 sales estimate stands at $1.85 billion, reflecting a year-over-year increase of 1.6% [2] - IDA's long-term earnings growth rate is projected at 8.13%, with an average earnings surprise of 3.9% over the last four quarters [2] Liquidity - IDACORP's current ratio is 1.45, surpassing the industry average of 0.85, indicating sufficient short-term assets to cover liabilities [3] Debt Position - The total debt to capital ratio for IDA is 50.29%, which is better than the industry average of 59.75% [4] - The time-to-interest earned ratio is 2.7, demonstrating the company's capability to meet future interest obligations [4] Dividend History - IDA has consistently increased shareholder value through regular dividends, currently paying 86 cents per share, leading to an annualized dividend of $3.44 and a dividend yield of 2.76% [5] Systematic Investments - The company invested $943 million in 2024 and anticipates capital expenditures of $1-$1.1 billion in 2025, $1.25-$1.35 billion in 2026, and $3.1-$3.6 billion from 2027 to 2029 [6] Rising Customer Base - IDA's customer base grew by 2.5% year-over-year as of June 30, 2025, driven by improving economic conditions in its service areas [7][8] Stock Price Performance - Over the past three months, IDA's shares have increased by 6.2%, contrasting with a 0.6% decline in the industry [9]
NorthWestern Energy Group (NWE) M&A Announcement Transcript
2025-08-19 13:32
Summary of Conference Call Company and Industry - The conference call discusses the merger between two utility companies, specifically focusing on their combined operations across eight contiguous states in the United States, which will cover 20% of the Continental U.S. [2][21] Key Points and Arguments 1. **Combined Rate Base and Customer Base** - The merger will create a combined rate base of approximately $11 billion, serving around 2.1 million electric and natural gas customers with a workforce of 4,400 employees [3][21] 2. **Business Mix and Diversification** - The new entity will have a balanced business mix of 61% electric and 39% gas, with no single regulatory jurisdiction exceeding 33% of the combined rate base [3][8] 3. **Long-term EPS Growth Target** - The combined company sets a long-term EPS growth rate target of 5% to 7%, which is 100 basis points higher than the standalone companies' previous target of 4% to 6% [5][14] 4. **Accretive Transaction** - The merger is expected to be accretive to shareholders in the first full year post-closing, driven by operational optimization and enhanced growth opportunities [5][14] 5. **Capital Expenditure Focus** - Approximately 75% of the combined capital expenditures will focus on gas and electric transmission and distribution [3][13] 6. **Operational Excellence and Synergies** - Both companies emphasize their commitment to operational excellence and believe that combining their resources will enhance their ability to deliver safe, reliable, and cost-effective energy [4][11] 7. **Regulatory Approvals and Timeline** - The companies anticipate state approvals across Montana, South Dakota, and Nebraska, with a projected closing timeline of 12 to 15 months [19][20] 8. **Community and Employee Commitment** - The merger aims to enhance community partnerships and maintain a strong focus on employee safety and retention [10][11] 9. **Future Growth Opportunities** - The combined entity will explore growth opportunities in data centers and other utility projects, leveraging their expanded geographic footprint [21][38] 10. **Financial Strength and Balance Sheet** - The merger will create a financially strong entity with a strong investment-grade balance sheet, minimizing reliance on equity capital for future growth [16][18] Other Important Content - **Dividend Policy** - Both companies will maintain their current dividend policies until closing, with plans to balance competitive dividend growth post-merger [15][69] - **Challenges in Approval Process** - There are concerns regarding the approval process in Montana, but the companies believe that the benefits to customers will be compelling enough to gain approval [56][57] - **Generation Capacity and Strategy** - The combined entity will have a diverse generation capacity and will explore opportunities for new generation builds across their territories [77][81] - **Negotiating Power** - The merger is expected to enhance negotiating power with suppliers and improve procurement efficiencies [50][51] This summary encapsulates the key points discussed during the conference call, highlighting the strategic rationale behind the merger and its anticipated benefits for stakeholders.
X @Bloomberg
Bloomberg· 2025-08-19 11:25
Black Hills agreed to acquire another US power supplier, NorthWestern Energy Group, in an all-stock transaction. https://t.co/4axkq3AliE ...
X @Bloomberg
Bloomberg· 2025-08-19 07:46
South Africa’s Eskom called for proposals from large power users to buy solar energy, in a step by the utility to wind down its dependence on coal https://t.co/HsMpilzS18 ...