Utility services

Search documents
4 Safe-Haven Utility Stocks to Buy Amid Ongoing Geopolitical Tensions
ZACKS· 2025-06-18 13:25
Key Takeaways Volatility has returned to Wall Street amid escalating tensions between Iran and Israel, with the United States gradually getting dragged into it. Although the United States has not yet been directly drawn into the conflict, President Donald Trump is weighing whether to strike Iran. Given the worsening situation, it would be ideal to invest in safe-haven defensive stocks from the utility sector such as Atmos Energy Corporation (ATO) , Fortis, Inc. (FTS) , MDU Resources Group, Inc. (MDU) and Ni ...
NV5 Awarded $10 Million Location and Surveys Contract by North Carolina Department of Transportation
Globenewswire· 2025-05-28 12:00
HOLLYWOOD, Fla., May 28, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of tech-enabled engineering, certification, and consulting solutions, announced today that it has been awarded a two-year, $10 million statewide contract by the North Carolina Department of Transportation (NCDOT) to provide a comprehensive suite of geospatial and utility services to support statewide infrastructure planning and development. NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of tech-enabled engineering, testing, inspection, ...
Middlesex Water Company Board of Directors Names Nadine Leslie Chair and Amy Mansue Lead Director
Globenewswire· 2025-05-23 20:05
ISELIN, N.J., May 23, 2025 (GLOBE NEWSWIRE) -- Middlesex Water Company (NASDAQ:MSEX), a provider of life-sustaining water and wastewater utility services, announced that its Board of Directors has named Nadine Leslie as Chair of the Board. Leslie, who currently serves as President and Chief Executive Officer, succeeds Dennis W. Doll, who retired from the Board following a 20-year tenure with the company. The Board also named Amy Mansue to serve as its Lead Independent Director, a role established to further ...
5 Top Dividend Stocks Yielding Over 5% to Buy for Passive Income
The Motley Fool· 2025-05-21 08:42
Alexandria Real Estate Equities Alexandria Real Estate Equities (ARE -2.51%) is a real estate investment trust (REIT) focused on owning life science properties. It owns, operates, and develops collaborative megacampuses in life science innovation clusters, including Greater Boston, the San Francisco Bay area, San Diego, Seattle, Maryland, the Research Triangle, and New York City. It leases space in its purpose-built lab and office buildings to biopharmaceutical companies, medical technology companies, and b ...
California Water Service Provides 400 Students with Hands-On Learning to Care for Water Through Conservation Field Trips
Globenewswire· 2025-05-19 20:47
Core Points - California Water Service (Cal Water) has organized field trips for over 400 students across California to educate them about the importance of water conservation and its role in the ecosystem [1][2] - The initiative, Aqua Adventures, is part of Cal Water's conservation education program "Tap Into Learning," which has been running for 11 years and offers various educational opportunities for students [2][4] - Cal Water also provides $250 Water Smart Grants for teachers to propose water-related classroom projects, promoting further engagement in water conservation education [4] Company Overview - California Water Service provides reliable water utility services to more than 2.1 million people through 499,400 service connections [5] - The company focuses on enhancing the quality of life for customers and communities by investing in water and wastewater infrastructure and sustainability initiatives [5] - Cal Water has received recognition as one of "America's Most Responsible Companies" and "World's Most Trustworthy Companies" by Newsweek, highlighting its commitment to integrity and community well-being [5]
Leidos(LDOS) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:00
Leidos (LDOS) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Greetings. Welcome to Leidos First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. Please note this conference is being recorded. At this time, I'll turn the conference over to Stuart Davis from Investor Relations. Stuart, you may begin. Speaker1 Thank you, and good morning, everyone. I'd like to welcome ...
Primoris Services (PRIM) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-06 00:31
Core Insights - Primoris Services (PRIM) reported $1.65 billion in revenue for Q1 2025, a year-over-year increase of 16.7% [1] - The company's EPS for the same period was $0.98, compared to $0.47 a year ago, indicating significant growth [1] - Revenue exceeded the Zacks Consensus Estimate of $1.5 billion by 9.89%, and EPS surpassed the consensus estimate of $0.72 by 36.11% [1] Financial Performance - Total Backlog for Energy was reported at $5.78 billion, below the average estimate of $6.39 billion from two analysts [4] - Total Backlog overall was $11.39 billion, slightly lower than the average estimate of $11.93 billion [4] - Total Backlog for Utilities was $5.61 billion, which was above the average estimate of $5.54 billion [4] Revenue and Profit Metrics - Revenue from Energy was $1.11 billion, exceeding the average estimate of $940.29 million [4] - Revenue from Utilities was $563.41 million, also surpassing the average estimate of $540.31 million [4] - Gross Profit from Energy was $119.08 million, compared to the average estimate of $103.02 million [4] - Gross Profit from Utilities was $51.58 million, exceeding the average estimate of $47.12 million [4] Stock Performance - Primoris Services shares have returned +25.7% over the past month, significantly outperforming the Zacks S&P 500 composite's +0.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
AES(AES) - 2025 Q1 - Earnings Call Transcript
2025-05-02 14:00
The AES (AES) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Speaker0 Hello, everybody, and welcome to the AES Corporation Q1 twenty twenty five Financial Review Call. My name is Emily, and I'll be moderating your call today. After the presentation, you will have the opportunity to ask any questions. I will now hand the call over to Susan Harcourt, Vice President of Investor Relations to begin. Susan, please go ahead. Speaker1 Thank you, operator. Good morning and welcome to our first quarter twenty twenty ...
Fortis (FTS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
ZACKS· 2025-04-30 15:07
The market expects Fortis (FTS) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be releas ...
Compared to Estimates, Spire (SR) Q2 Earnings: A Look at Key Metrics
ZACKS· 2025-04-30 14:36
Core Insights - Spire reported a revenue of $1.05 billion for the quarter ended March 2025, reflecting a decrease of 6.8% year-over-year and falling short of the Zacks Consensus Estimate of $1.09 billion by 3.97% [1] - The company's EPS for the quarter was $3.60, an increase from $3.45 in the same quarter last year, but below the consensus estimate of $3.70, resulting in an EPS surprise of -2.70% [1] Revenue Breakdown - Gas Utility operating revenues were $970.20 million, down 9.6% year-over-year, and below the average estimate of $982.65 million [4] - Gas Marketing operating revenues reached $53.60 million, exceeding the average estimate of $37.64 million, with a year-over-year increase of 16.5% [4] - Midstream operating revenues were $38.40 million, significantly above the average estimate of $28.36 million, marking a year-over-year increase of 78.6% [4] - Other operating revenues totaled $4.90 million, surpassing the average estimate of $4.07 million, with a year-over-year change of 19.5% [4] - Eliminations reported a figure of -$15.80 million, worse than the average estimate of -$4.47 million, with no year-over-year change [4] Operating Income Analysis - Gas Marketing operating income was $12.40 million, below the average estimate of $22.55 million [4] - Midstream operating income reached $21.80 million, exceeding the average estimate of $15.54 million [4] - Gas Utility operating income was $272 million, slightly below the average estimate of $279.87 million [4] - Other operating income was $0.20 million, significantly lower than the average estimate of $15.26 million [4] Stock Performance - Over the past month, Spire's shares have returned -2.2%, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]