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MDU Resources (MDU) - 2018 Q4 - Earnings Call Presentation
2025-07-01 11:15
Financial Performance - 2018 - Earnings from continuing operations reached $284.2 million, with EPS at $1.45, including a $39.5 million or $0.20 per share benefit from tax reform[16] - Consolidated operations earnings were $280.4 million, with EPS at $1.43, including a $39.5 million benefit from tax reform[19] - The Electric & Natural Gas Utility reported earnings of $84.7 million, which includes a $6.4 million decrease resulting from tax reform[22, 23] - Pipeline & Midstream reported earnings of $28.5 million, including a $4.2 million tax benefit[25, 26] - Construction Services reported record earnings of $64.3 million and record revenues of $1.37 billion[28, 29] - Construction Materials reported earnings of $92.6 million and record revenues of $1.93 billion[31, 33] Outlook and Guidance - 2019 - The company anticipates EPS in the range of $1.35 to $1.55 for the consolidated business[51] - Construction Services expects revenue between $1.35 billion and $1.50 billion in 2019[47] - Construction Materials projects revenue between $2.0 billion and $2.15 billion in 2019[50] Capital Program and Dividends - The company has a total capital forecast of $2.642 billion for 2019-2023[53] - The 2018 annualized dividend was $0.81 per share[57]
MDU Resources (MDU) - 2019 Q4 - Earnings Call Presentation
2025-07-01 11:14
2019 Earnings Overview - The company reported 2019 earnings of $272.3 million, compared to $335.5 million in 2018[17] - 2019 EPS was $1.39, compared to $1.69 in 2018[17] - The Electric & Natural Gas Utility reported record earnings of $94.3 million in 2019, a 11.3% increase from $84.7 million in 2018[20, 21] - The Construction Services group reported record earnings of $93.0 million in 2019, a 44.6% increase from $64.3 million in 2018, with record revenue of $1.85 billion compared to $1.37 billion in 2018[27, 28] - The Construction Materials group reported earnings of $120.4 million in 2019, a 29.9% increase from $92.6 million in 2018, with record revenue of $2.19 billion compared to $1.93 billion in 2018[30, 31] - The Pipeline & Midstream group reported earnings of $29.6 million in 2019, a 3.9% increase from $28.5 million in 2018[23, 25] 2020 Guidance and Outlook - The company initiated 2020 EPS guidance of $1.65 - $1.85[48] - The Construction Services group expects 2020 revenue in the range of $1.85 billion to $2.05 billion[44] - The Construction Materials group expects 2020 revenue in the range of $2.2 billion to $2.4 billion[47] - The Electric & Natural Gas Utility expects to grow rate base by 5% compounded annually over the next five years and customer base to continue growing by 1-2% annually[37]
Vistra Corp. (VST) Laps the Stock Market: Here's Why
ZACKS· 2025-06-26 22:46
Vistra Corp. (VST) closed the most recent trading day at $190.40, moving +2.19% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.8%. Meanwhile, the Dow gained 0.94%, and the Nasdaq, a tech-heavy index, added 0.97%. The stock of company has risen by 14.76% in the past month, leading the Utilities sector's loss of 0.37% and the S&P 500's gain of 5.12%.Investors will be eagerly watching for the performance of Vistra Corp. in its upcoming earnings disclosure. On ...
Can Emission Reduction Initiatives Drive Growth for NRG Stock?
ZACKS· 2025-06-26 17:40
Core Insights - NRG Energy's strategic focus on reducing emissions enhances its long-term investment outlook by aligning with global decarbonization efforts and tightening environmental regulations [1][4] - The company's commitment to achieving net-zero emissions by 2050, supported by interim 2030 targets, reflects a credible sustainability roadmap [1][8] Environmental Strategy - NRG Energy's shift toward a lower-carbon business model is both environmentally responsible and financially advantageous, with investments in clean technologies like battery storage and carbon capture improving operational efficiency and profit margins [2][8] - The company's cleaner portfolio provides a significant cost advantage as carbon pricing becomes more prevalent, avoiding penalties for high-emission operators [2] Brand and Customer Loyalty - Receding emissions levels enhance NRG's brand equity and customer loyalty in a sustainability-driven market, positioning the company to deliver cleaner, personalized energy solutions [3] - NRG's green product offerings and energy efficiency services create new cross-selling opportunities and recurring revenue streams [3] Financial Performance - NRG Energy's return on equity (ROE) indicates efficient use of shareholders' funds, outperforming peers in generating profits [7][8] - The Zacks Consensus Estimate for NRG's earnings per share (EPS) for 2025 and 2026 shows increases of 2.78% and 9.12%, respectively, over the past 60 days [10][8] Market Position - NRG's stock has outperformed the Zacks Utility-Electric Power industry over the past six months, indicating strong market performance [11]
Vistra or Southern Company: Which Utility Stock Offers Better Upside?
ZACKS· 2025-06-26 17:11
Key Takeaways The Southern Company offers higher dividends, lower debt and better valuation than Vistra. VST's earnings and sales growth estimates outpace SO's, supported by nuclear and clean hydrogen projects. Vistra and The Southern Company continue to add new clean energy generation assets to their portfolio.The companies operating in the Zacks Utility -Electric Power industry offer a compelling opportunity due to their stable cash flows and regulated business models. Domestic-focused utilities typical ...
Why Entergy Stock Deserves a Spot in Your Portfolio Right Now
ZACKS· 2025-06-26 14:51
Key Takeaways ETR plans to invest $37B by 2028 to upgrade grid infrastructure and expand renewable energy. Entergy's 2025 sales are expected to grow 5.6% year over year, with 9.5% long-term earnings growth. ETR shares have gained 52.3% in the past year, far outpacing the utility industry's 16.6% growth.Entergy Corporation (ETR) focuses on consistent investments in infrastructure upgrades to better serve its customers. The company is also steadily expanding its renewable generation portfolio. Given its str ...