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Southern Company ranked No. 1 in industry on FORTUNE's 2026 World's Most Admired Companies list
Prnewswire· 2026-01-21 16:28
Strengthening service and infrastructure through historic investment: With more than $80 billion in investments planned through the end of the decade, Southern Company is modernizing and reinforcing its electric and gas networks to enhance reliability and resilience—with a goal of providing a strong, flexible energy foundation for future economic growth. The company expects to double the investment it has on the ground today over the next five years. Serving growing demand and delivering value for customers ...
CenterPoint Energy, Inc. to Host Webcast of Fourth Quarter 2025 Earnings Conference Call on February 19, 2026
Globenewswire· 2026-01-20 21:30
Core Viewpoint - CenterPoint Energy, Inc. is a multi-state electric and natural gas delivery company serving approximately 7 million metered customers across four states, with a significant asset base of $44 billion as of mid-2025 [1]. Company Overview - CenterPoint Energy, Inc. is headquartered in Houston, Texas, and is the only Texas-domiciled investor-owned utility [1]. - The company has a workforce of approximately 8,300 employees and has been serving customers for over 150 years [1]. Financial Information - As of June 30, 2025, CenterPoint Energy reported approximately $44 billion in assets [1].
Fortis Inc. to Hold Teleconference and Webcast on February 12 to Discuss 2025 Annual Results
Globenewswire· 2026-01-15 21:35
ST. JOHN'S, Newfoundland and Labrador, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2025 financial results on Thursday, February 12, 2026. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's 2025 annual financial results. Shareholders, analysts, members of the m ...
Here's What to Expect From PG&E's Next Earnings Report
Yahoo Finance· 2026-01-15 15:09
With a market cap of $34.5 billion, PG&E Corporation (PCG) provides electricity and natural gas services to residential, commercial, industrial, and agricultural customers across northern and central California. It generates power from a diverse mix of sources, including nuclear, hydroelectric, fossil fuel, fuel cell, and photovoltaic energy, and operates extensive transmission, distribution, and storage infrastructure. The Oakland, California-based company is set to unveil its fiscal Q4 2025 results soo ...
Utility Black Hills Stands Out With 55 Years Of Dividend Growth
Investors· 2026-01-08 13:00
Group 1 - Black Hills is a utility company based in Rapid City, S.D., providing electric service to approximately 225,000 customers and natural gas to over 1.1 million customers across seven Western states [3][5]. - The company is recognized as a member of IBD's Utility Leaders Screen, indicating its strong performance in the utility sector [3]. - Black Hills has shown improving price performance, resulting in an upgrade to its IBD Relative Strength Rating, which has risen to 78 [5]. Group 2 - The stock of Black Hills is currently demonstrating rising relative strength, although it remains shy of key technical benchmarks [5]. - Recent reports indicate that Black Hills is making progress towards achieving significant technical thresholds, reflecting positive market sentiment [5].
MDU Resources Group Gains From Capital Investments, Spinoffs
ZACKS· 2026-01-07 18:15
Core Insights - MDU Resources Group is benefiting from long-term capital investments aimed at expanding infrastructure to serve a growing customer base and spinoffs that allow a focus on the energy delivery business [1] Group 1: Financial Projections - The long-term earnings growth rate for MDU is projected at 7.56% over the next three to five years [1] - MDU anticipates capital expenditures of $531 million for 2025 and nearly $3.4 billion from 2026 to 2030 for upgrading and expanding its electric and natural gas infrastructure [2] - The company expects long-term earnings per share growth of 6-8% due to customer growth and increasing demand for its services [2] Group 2: Demand and Infrastructure Development - MDU is set to benefit from rising demand for clean energy from data centers, having signed electric service agreements for 580 megawatts (MW) of data center load [3] - Currently, 180 MW is online, with an additional 100 MW expected to come online later this year, and nearly 150 MW expected in both 2026 and 2027 [3] - The company is focused on its regulated energy delivery business following the spinoff of Knife River in 2023 and Everus Construction in 2024 [4] - MDU is working on several expansion projects, including the Line Section 32 Expansion project, which is expected to support a new electric generation facility in northwest North Dakota by late 2028 [4] Group 3: Market Performance - Over the past three months, MDU shares have gained 7.3%, contrasting with a 3.2% decline in the industry [6] - MDU is investing billions in infrastructure to support customer growth and rising service demand [7] Group 4: Competitive Positioning - MDU Resources currently holds a Zacks Rank 3 (Hold), while competitors such as ONE Gas, Inc., Spire Inc., and Atmos Energy Corp. have a better Zacks Rank 2 (Buy) [8] - The dividend yields for OGS, SR, and ATO are 3.49%, 4.01%, and 2.40%, respectively [8]
PG&E Donates $1 Million to Local Food Banks to Feed Families
Prnewswire· 2025-12-31 18:00
Contribution is Third this Year as Need Rises OAKLAND, Calif., Dec. 31, 2025 /PRNewswire/ -- Just in time for the holidays, Pacific Gas and Electric Company (PG&E) is contributing $1 million to local food banks to help feed the growing number of individuals and families struggling to put food on the table. The PG&E funding will provide the equivalent of approximately 3 million meals for individuals and families. It will support 38 food banks representing 47 counties in PG&E's Northern and Central Californ ...
5 Low Price-to-Book Stocks to Buy as 2025 Comes to a Close
ZACKS· 2025-12-31 13:35
Core Insights - Value investors often use the price-to-earnings (P/E) ratio to identify value stocks, but for loss-making companies with negative P/E ratios, the price-to-sales (P/S) ratio is utilized to assess their true value [1] - The price-to-book (P/B) ratio, while less commonly used, serves as an effective tool for identifying low-priced stocks with high return potential [1] P/B Ratio Calculation - The P/B ratio is calculated as market capitalization divided by book value of equity, helping to identify low-priced stocks with promising growth prospects [2] - A P/B ratio of less than one indicates that a stock is undervalued, while a ratio greater than one suggests it may be overvalued [5][6] Understanding Book Value - Book value represents the total value remaining for shareholders if a company were to liquidate its assets after settling all liabilities [3] - It is calculated by subtracting total liabilities from total assets, often equating to common stockholders' equity [4] Limitations of P/B Ratio - The P/B ratio is particularly relevant for industries like finance and manufacturing but can be misleading for companies with significant R&D expenses or high debt [8] - A P/B ratio of less than one may indicate weak returns on assets or overstated assets, while a ratio above one could suggest the stock is a takeover target [7] Screening Parameters for Low P/B Stocks - Stocks with a P/B ratio lower than the industry median are considered attractive for potential gains [11] - Additional screening includes P/S and P/E ratios below industry medians, a PEG ratio less than 1, and a minimum stock price of $5 [12][13][14] Recommended Low P/B Stocks - AES Corporation (AES) is a global power company with a projected 3-5 year EPS growth rate of 11.2% and a Zacks Rank of 2 [15] - BorgWarner (BWA) specializes in clean technology for vehicles, with a projected EPS growth rate of 10.2% and a Zacks Rank of 2 [16] - EnerSys (ENS) manufactures industrial batteries, holding a Zacks Rank of 1 and a projected EPS growth rate of 15.0% [17] - PG&E Corporation (PCG) is California's largest utility, with a projected EPS growth rate of 15.9% and a Zacks Rank of 2 [18] - Keros Therapeutics (KROS) is a biotech firm with a projected EPS growth rate of 36.5% and a Zacks Rank of 1 [19]
Wall Street Mixed on PG&E Corporation (PCG) as Growth Opportunities Emerge for 2026
Yahoo Finance· 2025-12-30 17:27
Group 1 - PG&E Corporation (NYSE:PCG) is considered a cheap stock with a 'Buy' rating from 78% of analysts, indicating a median price target of $21, which suggests an upside potential of 33.16% [1] - Analysts from Morgan Stanley and JPMorgan have recently adjusted their price targets for PG&E, with Morgan Stanley lowering it to $20 and JPMorgan to $21, while maintaining their respective ratings of 'Equal Weight' and 'Overweight' [2] - PG&E announced an organizational restructuring aimed at enhancing customer service in Northern and Central California, effective January 1, 2026, with Patti Poppe continuing as CEO [4] Group 2 - PG&E Corporation provides electricity and natural gas through its subsidiary, Pacific Gas and Electric Company, serving various sectors including commercial, industrial, and agricultural [4]
Freedom Capital Initiates MDU Resources Coverage With Hold Rating
Financial Modeling Prep· 2025-12-26 18:30
Core Viewpoint - Freedom Capital Markets initiated coverage on MDU Resources Group Inc. with a Hold rating and a $20 price target [1] Group 1: Company Operations and Financials - MDU's regulated electric, natural gas, and pipeline operations across eight U.S. states provide stable returns and predictable cost recovery over the long term [2] - Management plans to increase average annual capital expenditures by 27% between 2026 and 2030 compared to 2025 levels, supporting an earnings per share compound annual growth rate of 7.6% over the 2025–2030 period [2] - To fund growth, MDU announced an approximately $200 million equity issuance in addition to debt financing [3] - MDU targets a dividend payout ratio of 60% to 70%, with projected 2026 dividends of $0.58 per share, implying a 3% yield and a dividend CAGR of 10.3% through 2030 [3] Group 2: Market Outlook and Valuation - The medium-term macroeconomic outlook is viewed as supportive, with easing personal consumption expenditure inflation potentially aiding tariff-based cost recovery [4] - Near-term regulatory gaps could pressure results, contributing to the Hold recommendation [4] - The stock's valuation premium versus peers on P/E and EV/EBITDA multiples also supports the Hold recommendation [4]