Electric Utilities

Search documents
 Mizuho Downgrades Pinnacle West Capital (PNW) Stock to Neutral
 Yahoo Finance· 2025-09-19 04:57
 Pinnacle West Capital Corporation (NYSE:PNW) is one of the Best Electric Utility Stocks to Buy According to Analysts. On September 9, Mizuho downgraded the company’s stock to “Neutral” from “Outperform” with a price objective of $90, down from the prior target of $102, as reported by The Fly. The downgrade comes even though the company’s ~5% load growth is supported by large manufacturing facilities and data centers, as the firm’s updated forecast model showcases that regulatory lag will diminish most of t ...
 Avista (AVA) Makes Annual Rate Adjustment Filings With Washington Utilities and Transportation Commission
 Yahoo Finance· 2025-09-19 04:57
 Group 1 - Avista Corporation (NYSE:AVA) is recognized as one of the best electric utility stocks to buy according to analysts [1] - The company filed for annual rate adjustments with the Washington Utilities and Transportation Commission, proposing an 8.6% decrease in natural gas rates and a 1.7% increase in electric rates [1] - Five electric adjustments were filed, aimed at changing overall electric revenues if approved [1]   Group 2 - For the three months ended June 30, 2025 (Q2 2025), Avista reported an increase in electric utility margin due to general rate cases, customer growth, and non-decoupled load growth [2] - The company incurred a pre-tax expense of $9 million under the Energy Recovery Mechanism (ERM) in H1 2025, compared to $5 million in H1 2024 [2] - Avista expects its utilities to contribute between $2.43 and $2.61 per diluted share in 2025, driven by strong performance, cost management, and favorable regulatory outcomes [2]
 UBS Reiterates Buy Rating on NextEra Energy (NEE) Stock
 Yahoo Finance· 2025-09-19 04:57
 Core Viewpoint - NextEra Energy, Inc. (NYSE:NEE) is recognized as a strong investment opportunity in the electric utility sector, with analysts maintaining a positive outlook despite recent distractions related to solar import reviews and rate settlements [1][2].   Financial Performance - NextEra Energy reported a healthy Q2 2025, with adjusted EPS increasing by 9.4% year-over-year [2]. - Florida Power & Light (FPL) has been actively investing in its infrastructure to accommodate Florida's growing population while maintaining high reliability and low rates [2]. - NextEra Energy Resources added 3.2 gigawatts of new renewables and storage to its backlog during Q2 2025, indicating strong operational performance [2].   Analyst Ratings - UBS has reiterated its Buy rating on NextEra Energy's stock, maintaining a price target of $84.00, suggesting that the company deserves a valuation premium compared to other utility stocks [1][2].
 CEMIG Plans to Invest in Clean Energy Projects Using Its Experience In HydroPower
 Yahoo Finance· 2025-09-19 04:20
 Group 1 - Companhia Energética de Minas Gerais – CEMIG (NYSE:CIG) plans to invest in clean energy projects, leveraging its experience in hydropower [1][2] - The company has outlined a $7.4 billion (40 billion BRL) investment plan for the period from 2025 to 2029, focusing on power distribution and digitalization [2][3] - CEMIG is currently working on innovations in energy storage technologies and plans to expand projects such as pumped storage plants [3]   Group 2 - Following the announcement of the investment plan, CIG shares increased by approximately 2.68% as of September 16 [4] - CEMIG operates as a state-controlled electric utility in Brazil, involved in the generation, transmission, distribution, and sale of energy [4]
 Capital Power executes new contract for Midland Cogeneration Venture with Consumers Energy
 Globenewswire· 2025-09-18 13:00
EDMONTON, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Capital Power (TSX: CPX) is pleased to announce the successful execution of a new long-term contract with improved economic terms for Midland Cogeneration Venture (“MCV”) with Consumers Energy, extending to 2040 and providing 10 years of incremental contracted revenue. MCV1 is the largest natural gas-fired combined electric and steam generation facility in the United States, and a cornerstone of reliable power generation in Michigan. MCV will receive pay ...
 Southern California Edison Announces Community Input Workshops on Wildfire Recovery Compensation Program for Eaton Fire
 Businesswire· 2025-09-17 20:05
 Group 1 - Southern California Edison announced community workshops for its Wildfire Recovery Compensation Program [1] - The program is a voluntary, comprehensive claims initiative aimed at providing direct payments and fast resolutions to those affected by the Eaton Fire [1] - Workshops will allow interested parties to comment on draft details, including eligibility and valuation criteria, before finalization [1]
 Itron and American Samoa Power Authority Expand Collaboration to Modernize the Grid in American Samoa
 Globenewswire· 2025-09-17 20:05
 Core Insights - Itron is partnering with the American Samoa Power Authority (ASPA) to modernize its electricity distribution network through the deployment of Itron's Advanced Metering Infrastructure (AMI) solution, which aims to enhance operational efficiency, billing accuracy, and customer satisfaction as part of ASPA's digital transformation roadmap [1][4].   Group 1: Project Overview - ASPA serves approximately 50,000 residents across five islands in American Samoa, which has some of the highest electricity prices globally, with the average price in 2023 being 3.5 times higher than the U.S. average [2]. - The AMI solution will provide ASPA with improved visibility into electricity meter data and empower customers to manage their energy consumption through detailed usage insights [3][5].   Group 2: Technology and Implementation - The deployment includes Itron's Gen5 CENTRON® II electric smart meters, which feature advanced AMI functionality to reduce field service costs and support prepaid metering [8]. - Itron's Gen5 communication network offers reliable, long-range connectivity with built-in security, tailored for the remote island environment of American Samoa [8]. - The iPay integration will provide customers with flexible payment options, promoting energy conservation and cost savings through adaptable billing [8]. - Itron's UtilityIQ software will manage and analyze consumption data from electricity meters, enabling real-time insights and operational control for ASPA [8].
 Struggling NextEra Energy Makes A Good Candidate For This Bearish Option Trade
 Investors· 2025-09-17 15:08
 Company Overview - NextEra Energy (NEE) stock has recently shown bearish trends, breaking down through its 200-day moving average, indicating potential challenges ahead [1] - The company is a leading U.S. utility holding firm, primarily operating through subsidiaries like Florida Power & Light and NextEra Energy Resources, and is a major producer of wind and solar power [6][7]   Investment Strategy - A bear call spread strategy is suggested for NextEra Energy, assuming the stock will struggle to exceed $72.50 by mid-October [1] - The bear call spread involves selling an out-of-the-money call and buying a further out-of-the-money call, which can be profitable if the stock trades lower, sideways, or slightly higher, as long as it remains below the short call at expiry [2]   Financial Metrics - The potential return from the bear call spread with an October 17 expiration, using strike prices of $72.50 to $77.50, is approximately 26.6%, with a maximum gain of $105 and a maximum loss of $395 [3][4] - NextEra Energy holds a Composite Rating of 59 out of a best-possible 99, an Earnings Per Share Rating of 83, and a Relative Strength Rating of 19, ranking 16th in its group according to Investor's Business Daily [6]   Environmental Goals - NextEra Energy aims to reduce carbon emissions by 67% from 2005 levels by the end of this year while expanding its portfolio of contracted clean energy projects [7]
 How Is FirstEnergy's Stock Performance Compared to Other Utilities Stocks?
 Yahoo Finance· 2025-09-17 15:04
 Core Viewpoint - FirstEnergy Corp. is a leading diversified energy company with a market cap of $24.9 billion, generating, transmitting, and distributing electricity across several states in the U.S. [1]   Company Overview - FirstEnergy operates through Regulated Distribution, Regulated Transmission, and Other segments, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland, and New York [1] - The company is classified as a "large-cap" stock, with a diverse energy portfolio that includes coal, nuclear, hydroelectric, wind, and solar facilities, supported by over 252,000 miles of distribution lines and 24,000 miles of transmission infrastructure [2]   Stock Performance - Shares of FirstEnergy have decreased by 2.3% from their 52-week high of $44.58, but have risen 9.6% over the past three months, outperforming the Utilities Select Sector SPDR Fund (XLU), which increased by 5.8% during the same period [3] - Year-to-date, FirstEnergy shares have gained 9.5%, lagging behind XLU's 12.3% increase, and have slightly declined over the past 52 weeks compared to XLU's 7.5% return [4]   Financial Results - Following Q2 2025 results, FirstEnergy shares rose 2.2% as adjusted EPS of $0.52 exceeded consensus estimates, showing year-over-year growth despite weather-related demand softness [5] - Operating income increased by 52.7% to $646 million, while operating expenses declined by 4.5% to $2.73 billion, which helped offset slightly weaker-than-expected revenues of $3.38 billion [5]   Future Outlook - Management has reaffirmed 2025 EPS guidance of $2.40 - $2.60 and a long-term earnings growth rate of 6% - 8%, supported by a robust $28 billion capital investment plan through 2029 [6] - Despite underperformance relative to peers like The Southern Company, analysts maintain a moderately optimistic outlook with a consensus rating of "Moderate Buy" and a mean price target of $45.92, representing a 5.7% premium to current levels [7]
 Edison International: Deep Value Price With A Cumbersome Balance Sheet (NYSE:EIX)
 Seeking Alpha· 2025-09-17 15:02
 Group 1 - Edison International (NYSE: EIX) is the parent company of Southern California Edison (SCE), which is one of the largest electric utilities in the United States [1] - SCE operates within a massive service territory and has a regulated rate base, making it a critical component of the electric utility sector [1]   Group 2 - The article emphasizes the importance of identifying long-only investment opportunities that provide safe and growing dividends, aiming for superior risk-adjusted returns [1] - The author has extensive experience in both equity and real estate markets, having sourced over $100 million in commercial real estate investments [1] - The background in economics and applied mathematics supports the analysis and strategies for enhancing investment portfolios [1]




