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Dividend 15 Split Corp. Announces Overnight Offering of Preferred Shares
Globenewswire· 2026-01-15 20:20
Core Viewpoint - Dividend 15 Split Corp. is launching an offering of Preferred Shares to invest in a high-quality portfolio of dividend-yielding Canadian companies [1][3]. Group 1: Offering Details - The sales period for the Preferred Shares offering will end at 8:30 a.m. EST on January 16, 2026, with an expected closing date around January 23, 2026, pending TSX approval [2]. - The Preferred Shares will be priced at $10.45 each, while the closing price on January 14, 2026, was $10.52 [2]. Group 2: Dividend Information - Since its inception, the Company has paid a total of $11.75 per share in dividends on the Preferred Shares, all of which are tax-advantaged eligible Canadian dividends [3]. - The investment objectives for the Preferred Shares include providing fixed, cumulative preferential monthly cash dividends at an annual rate of 7.00% based on the original $10 issue price [4]. Group 3: Investment Portfolio - The proceeds from the offering will be used to invest in a portfolio of notable Canadian companies, including Bank of Montreal, Enbridge Inc., TC Energy, and others [3].
Duke Energy Corporation (NYSE:DUK) Stock Update
Financial Modeling Prep· 2026-01-15 18:00
Core Viewpoint - Duke Energy Corporation is a significant player in the energy sector, focusing on sustainable energy solutions and showing resilience in a challenging market environment [1][2][5] Stock Performance - Duke Energy's stock closed at $118.68, reflecting a 1.1% increase from the previous day, while major market indices experienced declines [2][4] - Over the past month, Duke Energy's shares have risen by 1.56%, outperforming the Utilities sector, which saw a loss of 1.94% [3] - The stock has traded between a low of $117.35 and a high of $119.29 in the latest session, with a yearly high of $130.03 and a low of $105.90 [4] Market Analysis - Barclays set a price target of $127 for Duke Energy, indicating a potential upside of approximately 7.01% from the current trading price [1][5] - The company has a market capitalization of approximately $92.29 billion and a trading volume of 4,554,763 shares [4] Earnings Expectations - Analysts expect Duke Energy to report earnings of $1.54 per share for the upcoming earnings report on February 10, 2026, which represents a year-over-year decrease of 7.23% [3] - There is an anticipated 4.11% increase in quarterly revenue to $7.66 billion [3][5]
Entergy Corporation (NYSE:ETR) Overview: A Focus on Sustainable Energy and Market Performance
Financial Modeling Prep· 2026-01-15 17:03
Core Viewpoint - Entergy Corporation is a leading player in the energy sector, focusing on sustainable energy solutions and competing with major utilities like Duke Energy and Southern Company [1] Group 1: Company Overview - Entergy operates across the southern United States, providing electricity through a diverse mix of nuclear, natural gas, coal, and hydroelectric power plants [1] - The company has a market capitalization of approximately $42.5 billion and a trading volume of 1,521,117 shares, indicating its significant presence in the energy market [4] Group 2: Stock Performance - Barclays set a price target of $96 for Entergy, suggesting a modest 0.87% increase from its trading price of $95.17 at the time [2] - The stock has shown recent performance with a price change of $0.80, marking a 0.85% increase [2] - ETR has experienced fluctuations between $93.97 and $95.22 in a single day, reflecting some volatility [4] - Over the past year, the stock reached a high of $98.58 and a low of $75.55 [4] Group 3: Investment Ratings - ETR is recognized as a strong momentum stock by Zacks Investment Research, which rates stocks based on value, growth, and momentum [3] - The Zacks Style Scores assist investors in identifying stocks with high short-term potential, with ETR currently reflecting positive momentum [3]
Duke Energy announces leadership changes in its generation and operational excellence organization
Prnewswire· 2026-01-15 16:09
Core Insights - Duke Energy announced the retirement of Preston Gillespie, executive vice president and chief generation officer, after 40 years of service, with a transition period until March 1, 2027 [1][3] - The company emphasizes the importance of leadership continuity to meet customer demands for reliable and affordable energy while adapting to a rapidly changing environment [2] Leadership Changes - Kelvin Henderson will be appointed as senior vice president, chief generation officer, and enterprise operational excellence, bringing over 35 years of nuclear experience to the role [8] - Steven Capps will take on the role of senior vice president and chief nuclear officer, having served in various leadership positions within the nuclear division for over three decades [8] Company Overview - Duke Energy is a Fortune 150 company serving 8.6 million customers across multiple states, with a total energy capacity of 55,100 megawatts [5] - The company is also focused on an ambitious energy transition, investing in electric grid upgrades and cleaner generation sources, including natural gas, nuclear, renewables, and energy storage [6]
Southern Company fourth-quarter 2025 earnings to be released February 19
Prnewswire· 2026-01-15 16:00
Company Overview - Southern Company is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies [3] - The company operates electric and natural gas distribution companies in multiple states and offers competitive generation and distributed energy solutions [3] - Southern Company is committed to achieving net-zero greenhouse gas emissions by 2050 and focuses on innovation, resilience, and sustainability [3] Upcoming Earnings Release - Southern Company plans to release its earnings for the fourth quarter of 2025 on February 19, 2026, at 7:30 a.m. ET [1] - The earnings discussion will be led by Chairman, President and CEO Christopher C. Womack and CFO David P. Poroch during a conference call at 1 p.m. ET on the same day [1] Conference Call Access - Investors, media, and the public can listen to a live webcast of the conference call at the Southern Company investor relations website [2] - A replay of the webcast will be available for 12 months following the event [2]
BofA Upgrades Comcast (CMCSA) to Buy With $37 PT on Media Consolidation Trends
Insider Monkey· 2026-01-14 17:53
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] Investment Opportunity - A specific company is highlighted as a potential investment opportunity, possessing critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI data centers [3][7] - This company is not a chipmaker or cloud platform but is positioned to benefit significantly from the anticipated surge in electricity demand driven by AI technologies [3][6] Energy Demand and Infrastructure - AI technologies, particularly large language models like ChatGPT, are extremely energy-intensive, with data centers consuming as much energy as small cities [2] - The company in focus is involved in the U.S. LNG exportation sector, which is expected to grow under the current administration's energy policies [7] Financial Position - The company is noted for being debt-free and having a substantial cash reserve, amounting to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened with debt [8] - It is trading at less than 7 times earnings, indicating a potentially undervalued investment opportunity in the context of its critical role in the energy sector [10] Market Trends - The article discusses the broader trends of onshoring and tariffs that may drive demand for domestic energy infrastructure, further benefiting the company [5][14] - The influx of talent into the AI sector is expected to lead to rapid advancements and innovations, reinforcing the importance of investing in companies that support this growth [12] Conclusion - The company is positioned at the intersection of AI and energy, making it a compelling investment as the demand for AI continues to rise and the need for reliable energy infrastructure becomes increasingly critical [6][11]
Duke Energy brings new grid battery on line at former Allen coal plant
Prnewswire· 2026-01-14 16:00
Core Viewpoint - Duke Energy is advancing its energy transition by implementing battery energy storage systems (BESS) to enhance reliability and support economic growth in the Carolinas [4][6]. Group 1: Battery Energy Storage Systems - Duke Energy has launched a 50-megawatt BESS at the former Allen coal plant, completed under budget at approximately $100 million, and began serving customers in November [2][9]. - A second, larger BESS of 167 megawatts is set to begin construction in May, utilizing the site of a demolished emissions control system [2][7]. - Both BESS projects qualify for federal investment tax credits, which will cover 40% of the costs, including an additional 10% for reinvestment in an energy community [3][5]. Group 2: Future Plans and Investments - Duke Energy's 2025 Carolinas Resource Plan anticipates adding 6,550 megawatts of battery storage by 2035, sufficient to power over 5 million homes during peak energy use [5]. - The company plans to construct a 115-megawatt BESS at the Riverbend site, with construction expected to start in late 2026 and operational by late 2027 [7]. - A proposed third BESS at Allen is planned to be operational by the end of 2028, along with a regional operations and training facility for batteries and renewables [8]. Group 3: Economic and Community Impact - The initiatives aim to repurpose existing energy infrastructure while leveraging federal funding to reduce costs for customers [4][6]. - Duke Energy's long-term strategy includes maintaining a diverse energy mix, incorporating solar, storage, nuclear, and natural gas to meet rising electricity demand [6][12]. - The company emphasizes its commitment to the local community, with former employees from the Allen plant now working on the new battery projects [8].
What to Expect From Dominion Energy's Next Quarterly Earnings Report
Yahoo Finance· 2026-01-14 15:23
Core Viewpoint - Dominion Energy, Inc. is set to announce its fiscal Q4 earnings for 2025, with analysts expecting a profit increase, reflecting strong performance trends in the utility sector [1][2]. Financial Performance - Analysts anticipate Dominion Energy to report a profit of $0.69 per share for Q4 2025, which is a 19% increase from $0.58 per share in the same quarter last year [2]. - For the current fiscal year ending in December, the expected profit is $3.40 per share, representing a 22.7% increase from $2.77 per share in fiscal 2024 [3]. - The company's EPS is projected to grow by 5.9% year-over-year to $3.60 in fiscal 2026 [3]. Stock Performance - Over the past 52 weeks, Dominion Energy's stock has gained 10.2%, which is lower than the S&P 500 Index's return of 19.3% and the State Street Utilities Select Sector SPDR ETF's increase of 13.3% [4]. - On October 31, despite reporting better-than-expected Q3 earnings, shares fell by 1.4%. The operating revenue for Q3 increased by 14.9% year-over-year to $4.5 billion, exceeding consensus estimates by 8.1% [5]. Analyst Ratings - The overall rating for Dominion Energy's stock is "Hold," with 21 analysts covering it: three recommend "Strong Buy," 17 suggest "Hold," and one indicates a "Strong Sell" [6]. - The mean price target for the stock is $64.47, suggesting a potential upside of 7.7% from current levels [6].
ImmunityBio (IBRX) Extends Rally on 8th Day on Strong Clinical Trial Results
Insider Monkey· 2026-01-14 12:10
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgency to invest now [1][13] - The energy demands of AI technologies are significant, with data centers consuming as much energy as small cities, leading to concerns about power grid strain and rising electricity prices [2][3] Investment Opportunity - A specific company is highlighted as a critical player in the AI energy sector, owning essential energy infrastructure assets that are poised to benefit from the increasing energy demands of AI [3][7] - This company is not a chipmaker or cloud platform but is positioned to profit from the surge in electricity demand driven by AI data centers [3][6] Market Position - The company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend due to tariffs [5][6] - It has a unique footprint in nuclear energy, which is crucial for America's future power strategy, and is capable of executing large-scale engineering projects across various energy sectors [7][8] Financial Health - The company is noted for being debt-free and holding a significant cash reserve, amounting to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened by debt [8][10] - It also has a substantial equity stake in another AI-related company, providing investors with indirect exposure to multiple growth opportunities without the associated premium [9][10] Market Sentiment - There is a growing interest from Wall Street in this company, as it is seen as undervalued and capable of delivering real cash flows while being tied to the booming AI and energy sectors [8][10] - The company is trading at less than 7 times earnings, making it an attractive investment option in the current market landscape [10]
Emera Teleconference on February 23 to Discuss Q4 2025 Results
Businesswire· 2026-01-14 11:00
Core Viewpoint - Emera will release its Q4 2025 results on February 23, 2026, before market opening, and will host a teleconference and webcast to discuss the results [1]. Group 1: Earnings Release Details - The earnings release is scheduled for February 23, 2026, before markets open [1]. - A teleconference will take place on the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) [1]. - Participants can join the call by dialing specific numbers for North America and international parties [2]. Group 2: Teleconference Access - A live and archived audio webcast of the teleconference will be available on Emera's website [3]. - A replay of the teleconference will be accessible two hours after the conclusion of the call [3]. Group 3: Company Overview - Emera is a leading North American energy services provider headquartered in Halifax, Nova Scotia [5]. - The company serves approximately 2.6 million customers across the United States, Canada, and the Caribbean [5]. - Emera's common and preferred shares are listed on the Toronto Stock Exchange and its common shares on the New York Stock Exchange [5].