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Dominion Energy announces 2025 financial results
Businesswire· 2026-02-23 12:30
RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended Dec. 31, 2025, of $567 million ($0.65 per share) compared with net income of $134 million ($0.14 per share) for the same period in 2024, with net income of $3.0 billion ($3.45 per share) for the 12 months ended Dec. 31, 2025, compared with net income of $2.0 billion ($2.33 per share ...
Enel (OTCPK:ENLA.Y) 2026 Capital Markets Day Transcript
2026-02-23 10:02
Summary of Enel Capital Market Day 2026 Company Overview - **Company**: Enel - **Event**: Capital Market Day 2026 - **Key Speakers**: CEO Flavio Cattaneo, CFO Stefano De Angelis Core Industry Insights - **Industry**: Energy and Utilities - **Trends**: Structural long-term growth in global power demand driven by data centers, AI, electric mobility, robotics, automation, and industrial recovery [3][4] - **Market Dynamics**: Anticipation of local accelerations in power demand, particularly in the U.S. [3] Financial Performance - **Net Income**: Improved to 30% [2] - **EBITDA Growth**: Increased by 5% per year [2] - **Earnings Per Share (EPS)**: Grew by 9% per year [2] - **Market Capitalization**: Increased by almost 50% during the mandate [2] Strategic Plan - **Investment Focus**: Increase in renewable generation investments, particularly in brownfield opportunities [4][6] - **Capital Expenditure (CapEx)**: Cumulative investment plan of EUR 53 billion, an increase of EUR 10 billion from the previous plan [6][13] - **Financial Flexibility**: Focus on maintaining a solid leverage level below sector average while optimizing capital allocation [6][35] Growth Drivers - **Renewable Energy**: Significant investment in renewable capacity expected to grow at a CAGR of 5% [35] - **Grid Expansion**: Regulated asset base in grids projected to expand at a CAGR of 6% [35] - **Data Centers**: Identified eight strategic locations for data centers, leveraging competitive advantages in permitting and site readiness [8][66] Efficiency and Productivity - **Efficiency Plan**: Targeting a 25% increase in efficiency compared to the 2022 baseline, leveraging AI and cloud-based applications [8][12] - **Cost Management**: Achieved a strong reduction in ICT costs by over 30% [12] Shareholder Returns - **Dividend Policy**: Proposed a dividend per share (DPS) of EUR 0.49, with a share buyback program of EUR 2.5 billion [34] - **EPS Target**: Expected EPS in the range of EUR 0.80-0.82 by 2028 [34] Market Risks and Considerations - **Energy Pricing**: Adjustments in assumptions for electricity prices in Italy and Spain due to changes in the ETS [40][72] - **Hydro Concessions**: Ongoing discussions regarding hydro concessions in Italy, with no immediate concerns [70][82] - **Regulatory Environment**: Potential changes in the European Union's pricing system could impact competitiveness [42] Conclusion - **Outlook**: Enel is positioned for sustainable growth with a focus on renewable energy, efficiency improvements, and shareholder returns while navigating market risks and regulatory changes [36]
15 Undervalued Momentum Stocks That Are Taking Off
Insider Monkey· 2026-02-23 09:47
“It seems like the momentum stocks that have got us here still remain in favor with our customers.” This was highlighted by Steve Sosnick, Chief Strategist at Interactive Brokers, in a late December 2025 interview with CNBC. Sosnick said the market environment is marked by continuous retail inflows, while citing data from his firm’s platform. According to this data, in most weeks, the vast majority of the 25 most actively traded stocks on the platform are net buys, meaning more clients are buying than selli ...
Enel (OTCPK:ENLA.Y) 2026 Earnings Call Presentation
2026-02-23 09:00
Disclaimer This presentation contains certain forward-looking statements that reflect the Company's management's current views with respect to future events and financial and operational performance of the Company and its subsidiaries. These forward-looking statements are based on Enel S.p.A.'s current expectations and projections about future events. Because these forward-looking statements are subject to risks and uncertainties, actual future results or performance may differ materially from those express ...
Enel to Increase Spending, Shareholder Returns Under 2028 Plan
WSJ· 2026-02-23 07:48
Core Insights - Enel plans to invest over 26 billion euros in its integrated business, primarily focusing on Europe and North America [1] - The company also anticipates spending more than 26 billion euros in its grids unit [1] Investment Focus - The majority of the investment will be directed towards Europe and North America, indicating a strategic focus on these regions [1] - The significant allocation to the grids unit suggests a commitment to enhancing infrastructure and operational capabilities [1]
Italy's Enel plans 53 bln euros of investments by 2028
Reuters· 2026-02-23 06:46
Group 1 - Enel plans to increase its investments by 10 billion euros, bringing the total to approximately 53 billion euros ($63 billion) for the period of 2026-2028 [1] - The company announced a new share buyback program worth 1 billion euros, set to be executed by the end of July [1]
Dean Capital Bets Big on Energy Delivery With a 28,000 Share Investment in Chesapeake Utilities (CPK) Worth $3.5 Million
Yahoo Finance· 2026-02-22 17:45
Core Insights - Dean Capital Management disclosed a new position in Chesapeake Utilities Corporation, acquiring 27,851 shares valued at approximately $3.47 million as of February 20, 2026 [1][7] - Chesapeake Utilities' stock price was $134.39, reflecting an 11.1% increase over the past year, although it underperformed the S&P 500 by 1.87 percentage points [7] - The company is set to report its fourth-quarter results for 2025 on February 25, 2026, with expectations of continued profit growth [10] Company Overview - Chesapeake Utilities Corporation operates as a diversified energy delivery company, focusing on both regulated and unregulated utility services [5] - The company has a market capitalization of $3.18 billion and reported revenue of $886.15 million and net income of $130.85 million for the trailing twelve months [3] Financial Metrics - As of February 20, 2026, Chesapeake Utilities had a dividend yield of 2.0% [7] - The company's adjusted net income for the first nine months of the year increased by 10.1% year over year, reaching $4.03 per share, with adjusted earnings per share growing by 8.0% year over year [10] Business Strategy - Chesapeake Utilities leverages a balanced portfolio of natural gas, electric, and propane operations to serve a broad geographic area, including Delaware, Maryland, Florida, Ohio, and the Mid-Atlantic region [5][8] - The company generates revenue primarily from regulated utility operations, supplemented by unregulated energy services [8] Investment Position - Dean Capital's new position in Chesapeake Utilities represents 1.48% of its reportable U.S. equity assets under management, making it the 11th largest holding in the portfolio [7][9] - Dean Capital also increased its investment in Portland General Electric, indicating a broader strategy to invest in utility businesses [9]
Nvidia earnings, SCOTUS tariff fallout, geopolitical tensions rise: What to watch this week
Yahoo Finance· 2026-02-22 12:47
Market Overview - The Supreme Court's decision to strike down President Trump's tariff regime positively impacted the market, with all three major indexes closing higher for the week [1][8] - The S&P 500 rose by 0.7% on Friday and finished the week up 1.1%, while the Dow Jones Industrial Average increased by 0.5% on Friday, closing the week up 0.3% [2] - The Nasdaq Composite gained 0.9% on Friday, resulting in a weekly increase of 1.3% [2] Oil Market - Oil prices ended the week approximately 5.5% higher, driven by concerns over potential disruptions in the Middle East due to possible US actions against Iran, leading to a monthly return of around 11% [2] Economic Indicators - The upcoming economic data includes the Producer Price Index on Friday, which will provide insights into upstream input costs amid persistent inflation above the Federal Reserve's 2% target [3] - Recent Personal Consumption Index data indicated a 0.4% increase in both headline prices and core PCE in December compared to the previous month, marking a steeper rise than in November [4] Corporate Earnings - Nvidia's fourth quarter results, set to be released after market close on Wednesday, are anticipated to be a significant indicator of the AI sector's health [6] - Salesforce's results on Wednesday will provide insights into the software sector, which has faced challenges recently [7] - Home Depot and Lowe's earnings will offer a proxy for the housing market, while Constellation Energy and Dominion Energy will shed light on the US power market [7]
X @Bloomberg
Bloomberg· 2026-02-21 16:16
US President Donald Trump’s proposal for a massive gas-fired power plant in Ohio would likely create one of the nation’s largest sources of carbon dioxide emissions from electricity generation. https://t.co/qXiRtMFJL8 ...
TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
Reuters· 2026-02-20 23:51
Core Viewpoint - TXNM Energy has received approval from the U.S. Federal Energy Regulatory Commission (FERC) for its acquisition by Blackstone Infrastructure in an $11.5 billion deal, which includes debt [1]. Group 1: Acquisition Details - The acquisition deal is valued at $11.5 billion, which encompasses both equity and debt components [1]. - FERC determined that the transaction would not impair state or federal regulation and would not adversely affect rates [1]. Group 2: Regulatory Approval - The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired, allowing the transaction to proceed [1].