Core Viewpoint - National Grid (NGG) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on an upward trend in earnings estimates, which significantly influences stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors rely on earnings estimates to determine the fair value of stocks, leading to significant price movements based on their buying or selling actions [3]. Business Improvement Indicators - The upgrade in earnings estimates for National Grid suggests an improvement in the company's underlying business, which should encourage investors to drive the stock price higher [4]. - Over the past three months, the Zacks Consensus Estimate for National Grid has increased by 5.6%, reflecting analysts' positive revisions [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - National Grid's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9].

Core Viewpoint - PSE&G has received approval from the New Jersey Board of Public Utilities (BPU) to implement a temporary credit for residential customers to alleviate the impact of rising electric supply prices due to PJM's capacity price auction, as part of its Summer Relief Initiative [1][3][5] Group 1: Immediate Relief Measures - For July and August 2025, PSE&G will provide a credit of $30, including taxes, to each residential electric customer's monthly bill [3] - PSE&G will waive all residential reconnection fees from July 1 to September 30, 2025, as part of the Summer Moratorium [4] - Customers will see a $10 charge on their monthly bills from September 2025 through February 2026 to recover the costs associated with the electricity provided during the summer [3] Group 2: Long-term Solutions - PSE&G emphasizes the need for long-term solutions to address the power supply-demand imbalance in New Jersey, advocating for new energy generation [2][6][7] - The company has been warning about the supply and demand imbalance for several years and stresses the importance of generating energy in-state to reduce costs for residents and businesses [6] Group 3: Customer Support and Assistance - PSE&G collaborates with nonprofits and community organizations to inform customers about energy assistance options, including programs like LIHEAP and SHARES [11] - The company offers additional bill payment tools such as the Equal Payment Plan and Deferred Payment Arrangements to help customers manage costs [12] Group 4: Company Background and Achievements - PSE&G is New Jersey's oldest and largest gas and electric delivery public utility and has received numerous awards for reliability and customer satisfaction [14] - The company has been recognized for its commitment to a clean energy future and has been included in the Dow Jones Sustainability Index for North America for 17 consecutive years [14]

Core Points - Fortis Inc. announced the conversion of its Series H and Series I preference shares, with 11,298 Series H Shares converted to Series I Shares and 248,830 Series I Shares converted to Series H Shares [1] - Following the conversions, Fortis has 7,902,614 Series H Shares and 2,097,386 Series I Shares outstanding, both of which will continue to be listed on the Toronto Stock Exchange [1] - The Series H Shares will pay a fixed annual dividend rate of 4.183 percent starting June 1, 2025, while the Series I Shares will pay a floating quarterly dividend based on an annual rate of 4.103 percent for the first period [2][3] Company Overview - Fortis is a leader in the North American regulated electric and gas utility industry, reporting revenue of $12 billion for 2024 and total assets of $75 billion as of March 31, 2025 [5] - The company employs 9,800 individuals and serves utility customers across five Canadian provinces, ten U.S. states, and three Caribbean countries [5] - Fortis shares are publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol FTS [5]

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]

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]

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].

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]

Core Viewpoint - PSE&G is amending its proposal to the New Jersey Board of Public Utilities (BPU) to provide additional short-term assistance in response to rising electric supply costs, while also preparing for long-term solutions to address these challenges [1][2]. Short-term Solutions - PSE&G has filed with the BPU to approve a Temporary Supply Offset Clause (TSOC) that would provide a temporary credit starting July 1, 2025, to mitigate electric bill increases due to high capacity market prices [4]. - The company is proposing options for the TSOC, including a 100%, 50%, and 25% offsetting credit based on BPU guidance [4]. - PSE&G is also implementing an expansion of the Winter Termination Program to protect low-income individuals from utility shut-offs and suspending reconnection fees [7]. Long-term Solutions - PSE&G has highlighted the need for long-term solutions to address the supply and demand imbalance in the PJM region, advocating for policy and legal changes to encourage new generation development [5]. Customer Assistance Programs - PSE&G has been actively working with customers and community organizations to raise awareness about energy assistance options, resulting in approximately 226,000 customers receiving over $265 million in support last year [9]. - The company offers various bill payment tools, including an Equal Payment Plan that allows customers to levelize their monthly payments and Deferred Payment Arrangements for past-due balances [11]. Energy Efficiency Initiatives - PSE&G's energy efficiency programs have benefited over 415,000 customers, leading to nearly $640 million in annual savings through reduced energy consumption [8]. - The company continues to promote affordability and bill management programs through multiple communication channels, ensuring customers are informed about available assistance [12]. Company Background - PSE&G is New Jersey's oldest and largest gas and electric delivery utility, recognized for its reliability and customer satisfaction, having won the ReliabilityOne® Award for 23 consecutive years [13].

Core Viewpoint - WEC Energy Group (WEC) has shown a downtrend recently, losing 6.7% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, suggesting that selling pressure may be subsiding [2][5]. - This pattern forms when there is a small candle body with a long lower wick, indicating that despite a new low, buying interest has emerged to push the stock price up towards the opening price [4][5]. - Hammer candles can appear on various timeframes and are utilized by both short-term and long-term investors [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for WEC, which is a bullish indicator as it typically leads to price appreciation [7]. - The consensus EPS estimate for the current year has remained unchanged over the last 30 days, indicating strong agreement among analysts regarding WEC's potential for better earnings [8]. - WEC currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which historically outperform the market [9].

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024. ST. JOHN'S, Newfoundland and Labrador, May 07, 2025 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS), a well-diversified leader in the North American regulated electric and gas utility industry, released its first quarter results. Highlights "We are off to a strong start in 20 ...