Group 1 - MDU Resources Group, Inc. has elected Darrel T. Anderson as the new independent chair of the board, succeeding Dennis W. Johnson, effective immediately [1] - The transition reflects a disciplined approach to board leadership succession, ensuring continuity and strong governance [2] - Nicole Kivisto, president and CEO, acknowledged Dennis Johnson's leadership during the company's transformation to a regulated energy delivery business and expressed confidence in Anderson's leadership [3] Group 2 - Anderson's election as chair is part of a structured governance approach that emphasizes leadership development and succession planning [3] - He joined the board in 2023 and has previously served as vice chair and chair of the Compensation and Human Capital Committee, demonstrating a commitment to thoughtful succession planning [3] - Anderson has extensive industry experience, including his role as president and CEO of IDACORP, Inc. and Idaho Power Company, which will be beneficial for MDU Resources as it executes its strategic priorities [4] Group 3 - MDU Resources Group, Inc. is a member of the S&P SmallCap 600 index and provides electric and natural gas distribution services to over 1.2 million customers across the Pacific Northwest and Midwest [5] - The company's pipeline business operates a network of over 3,800 miles of natural gas pipelines and storage systems, ensuring reliable energy delivery [5] - MDU Resources has a legacy of over a century and remains focused on providing safe, reliable, and environmentally responsible energy services [5]

Core Points - TXNM Energy's subsidiaries, PNM and TNMP, received regulatory approvals for rate recovery filings on May 15, 2025 [1][4]. Group 1: PNM Rate Approval - PNM obtained approval from the New Mexico Public Regulation Commission for its 2025 Rate Request application, with customer rates phased in: 50% increase effective July 1, 2025, and the remaining increase effective April 1, 2026 [2]. - The approved revenue increase for PNM is $105.0 million, based on a 9.45% return on equity and a 51% equity capitalization structure on a $3.0 billion rate base [3]. Group 2: TNMP Rate Approval - TNMP received approval from the Public Utility Commission of Texas for its Distribution Cost Recovery Factor application [4]. - The approved annual rate increase for TNMP is $25.0 million, recovering $176.6 million of incremental distribution rate base at an authorized return on equity of 9.65% with a capital structure of 55% debt and 45% equity [5].

In a major move to strengthen its position in the global health and well-being sector, TELUS Corporation (TU) has partnered with GTCR, a prominent private equity firm with deep expertise in healthcare, to support TELUS Health’s acquisition of Workplace Options.This acquisition, valued at approximately C$500 million ($350 million) in cash, excluding about C$100 million ($70 million) in assumed debt, marks a pivotal step in TELUS Health’s journey to become a global leader in digital-first wellness solutions. ...

AKRON, Ohio, May 14, 2025 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that Michael Auseré has been named Vice President, Financial Planning and Analysis, effective June 2.In this role, Auseré will have responsibility for FirstEnergy's long-range planning and budgeting processes and support overall achievement of the company's financial objectives and strategic initiatives. He will report to Jon Taylor, Senior Vice President and Chief Financial Officer, and will be relocating to Akron, Ohio. ...

Core Viewpoint - TXNM Energy is undergoing a leadership transition with Pat Collawn moving to Executive Chair and Don Tarry appointed as the new President and CEO, effective July 1, 2025 [1][2]. Leadership Transition - Pat Collawn has been with TXNM Energy since June 2007, serving in various roles including President and CEO since March 2010, and will continue to lead as Executive Chair [2][5]. - Don Tarry, who has been with the company since 1996 and held multiple leadership positions, will take over as CEO and President [5][6]. Strategic Focus - Under Pat's leadership, TXNM Energy has focused on its regulated utilities and aims for 100% carbon-free generation by 2040, achieving 72% carbon-free generation capacity by 2024 [3][5]. - The company is committed to meeting the evolving needs of its customers and communities while pursuing cost-effective solutions [5][6]. Community Involvement - Both Pat Collawn and Don Tarry are actively involved in community initiatives, with Pat serving in various leadership roles and Don as Chair of the Albuquerque Regional Economic Alliance [4][6]. Company Overview - TXNM Energy, based in Albuquerque, New Mexico, provides energy to over 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM [7].

Core Points - Brookfield Infrastructure Partners L.P. announced the issuance of $250 million in Fixed-to-Fixed Reset Rate Subordinated Notes due September 1, 2055, with an initial interest rate of 5.598% until September 1, 2030, and subsequent resets every five years [1][2] - The net proceeds from the offering will be used for general corporate purposes, including repayment of outstanding debt [1] - The Notes will be issued by Brookfield Infrastructure Finance ULC, a wholly-owned subsidiary, and are guaranteed on a subordinated basis by Brookfield Infrastructure and certain subsidiaries [2][3] Company Overview - Brookfield Infrastructure is a leading global infrastructure company that operates high-quality, long-life assets in utilities, transport, midstream, and data sectors across the Americas, Asia Pacific, and Europe [7] - The company focuses on assets with contracted and regulated revenues that generate predictable and stable cash flows [7] - Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, which manages over $1 trillion in assets [8]

The utility sector has been a sleepy industry over the years. These companies generate very stable earnings backed by government-regulated rate structures. Because governments set rates, utilities don't grow that fast. However, these companies tend to generate lots of stable income, which gives them money to pay lucrative dividends. Black Hills (BKH -0.65%), Dominion (D 0.13%), and Duke Energy (DUK 0.21%) currently stand out to a few Fool.com contributors for their high-yielding payouts. Here's why they bel ...

Group 1: AI and Electricity Demand - Artificial intelligence (AI) systems require significant electricity to operate and cool the servers housed in data centers [2] - Electricity demand for AI is projected to grow by 300% over the next decade, presenting a challenge for utilities to keep up with this demand [4] - The shift towards electric vehicles is expected to increase electricity demand by 9,000% between now and 2050, further compounding the need for utilities to enhance their infrastructure [5] Group 2: Bloom Energy's Role - Bloom Energy offers a solution by providing hydrogen fuel cells that can be quickly deployed to meet immediate power needs for AI companies [6][7] - The company has a $2.5 billion product backlog and a $9 billion service backlog, indicating strong demand for its products and services [8] - Bloom Energy has secured a deal with American Electric Power (AEP) to supply 100 megawatts of fuel cells over the next decade, aimed at supporting data center demand [9] Group 3: Financial Outlook for Bloom Energy - Bloom Energy is still in the early stages of achieving sustainable profitability, which may deter conservative investors [10] - However, the company's positioning to provide timely power solutions to the growing AI industry could accelerate its path toward sustainable profits [10]

Core Insights - The article emphasizes the importance of fundamental analysis in identifying undervalued assets that offer a favorable risk/reward profile [1] - It highlights the use of options strategies, such as covered calls and writing puts, as effective investment techniques for managing positions [1] Investment Strategy - The investment approach focuses on individual issues and asset classes that are currently out of favor, suggesting a contrarian strategy [1] - The analyst has over 20 years of investment experience, indicating a deep understanding of market dynamics and investment opportunities [1] Educational Background - The analyst holds an MBA in Finance from NYU Stern and an undergraduate degree in Computer Science, showcasing a strong educational foundation that supports their investment analysis [1]

Financial Performance - MDU Resources Group's net income decreased from $82.5 million in 2024 to $74.7 million in 2025 [31] - Earnings per share decreased from $0.40 in 2024 to $0.37 in 2025 [31] - Income from continuing operations decreased from $100.9 million in 2024 to $82.0 million in 2025 [31] - Electric Utility earnings decreased from $17.9 million in 2024 to $15.0 million in 2025 [36] - Natural Gas Utility earnings increased from $40.1 million in 2024 to $44.7 million in 2025 [39] - Pipeline earnings increased from $15.1 million in 2024 to a record $17.2 million in 2025 [42] Regulatory and Operational Updates - Natural Gas Distribution in Washington saw a rate increase of 7.9%, resulting in $29.8 million in additional annual revenue [13] - Natural gas customer count increased 1.5% year-over-year [40] - The company has 580 MW of data center load under signed electric service agreements [12, 16] - The company is considering purchasing a 49% ownership interest in Badger Wind Farm, representing 122.5 MW of the total 250 MW capacity [21]