|Bid||0.00 x 3200|
|Ask||0.00 x 1800|
|Day's Range||71.07 - 72.36|
|52 Week Range||62.71 - 78.07|
|PE Ratio (TTM)||18.36|
|Forward Dividend & Yield||2.48 (3.50%)|
|1y Target Est||N/A|
Wall Street analysts’ mean target price of $72.92 for Dominion Energy (D) implies a 3.70% upside over the next 12 months based on its current price of $70.32. Of the 14 analysts covering Dominion Energy, two recommend “strong buy,” one recommends “buy,” and 11 recommend “hold.”
Few U.S. energy policies can bring together coal miners, oil drillers, environmentalists, Republicans and Democrats. A Reuters survey of the top 10 U.S. power companies showed eight have no plans to purchase and install carbon capture and storage (CCS) equipment, citing high costs and uncertain demand, while the other two declined to comment. The technology employs sophisticated equipment to pull carbon dioxide from industrial plants and then inject it underground so it never pollutes the atmosphere.
American Electric Power Co. said Friday that it is scrapping plans to develop one of the largest wind farms in the U.S., a day after the project was rejected by Texas regulators. Called Wind Catcher, the 2-gigawatt project was slated to be built in the Oklahoma Panhandle at an expected price tag of $4.5 billion. It would have served customers in Arkansas, Louisiana, Oklahoma and Texas via a related 350-mile transmission line.
American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects. The company pulled the plug Friday on what would have been the biggest-ever U.S. wind farm. Texas regulators rejected the project Thursday because it didn’t offer enough benefits for ratepayers, and Oklahoma came to a similar conclusion in February.
Texas dealt a potential death blow to what would be the largest-ever U.S. wind farm: American Electric Power Co.’s $4.5 billion Wind Catcher project. The Texas Public Utility Commission on Thursday unanimously rejected the project as proposed, saying it doesn’t offer enough benefits for ratepayers as currently structured. American Electric said it was evaluating its options.
American Electric Power Company’s (AEP) target dividend growth of ~5% per year might not be an issue, considering its fair earnings growth for the next few years. AEP is one of the biggest utility holding companies in the country, with highly geographically diverse operations. It gets more than two-thirds of its total earnings from regulated operations, while the rest comes from competitive operations.
American Electric Power Company (AEP) has increased its dividends roughly in line with the industry in the last five years. The utility is aiming for annual earnings growth of 5%–7% for the next few years. Its expected dividend growth is expected to remain at ~5% for the foreseeable future. Utilities (XLU) at large are aiming for a dividend growth of 4%–6% per year.
American Electric Power (AEP) surpasses second-quarter earnings and revenues estimates, courtesy of its investment to strengthen operations and favorable weather, which is thereby driving demand.
Analysts’ mean price target of $73.00 for Dominion Energy (D) stock implies an upside of ~3.0% for it over the next 12 months based on its current price of $70.99.
AEP (AEP) delivered earnings and revenue surprises of 14.77% and 4.51%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Columbus, Ohio-based company said it had profit of $1.07. Earnings, adjusted for non-recurring gains, were $1.01 per share. The results topped Wall Street expectations. The average ...
American Electric Power (AEP) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting AEP. Over the last one-month, outflows of investor capital in ETFs holding AEP totaled $1.67 billion.
Homes and businesses in Texas used record amounts of power for a second straight day on Thursday and are expected to use even more in coming days as consumers crank up air conditioners to escape a brutal heat wave, according to the operator of much of the state's power grid. To keep air conditioners humming, Texas utilities are buying electricity from all sources, boosting power prices to a near seven-year high earlier in the week. The Electric Reliability Council of Texas (ERCOT) said demand reached 73,259 megawatts on Thursday, topping the prior all-time high of 72,192 MW on Wednesday.
Homes and businesses in Texas used record amounts of power on Thursday afternoon, breaking the previous record set Wednesday, and are expected to use even more in coming days as consumers crank up air conditioners to escape a brutal heat wave, according to the operator of much of the state's power grid. The Electric Reliability Council of Texas (ERCOT) said demand reached a system-wide peak of 73,259 megawatts (MW) between 4 and 5 p.m, topping the prior record high of 72,192 MW on Wednesday. To keep air conditioners running, Texas utilities are buying electricity from all sources, keeping power prices near seven-year highs hit earlier in the week.
Texas homes and businesses set an all-time power consumption record on Wednesday as consumers crank up air conditioners to escape a brutal heat wave, according to the operator of most of the state's power grid. The Electric Reliability Council of Texas (ERCOT) said demand reached 71,438 megawatts (MW) on Wednesday, topping the grid's August 2016 high of 71,110 MW. To keep air conditioners humming, Texas utilities bought electricity from all sources, boosting power prices to their highest in almost seven years.