|Bid||51.05 x 900|
|Ask||51.10 x 800|
|Day's Range||50.61 - 51.24|
|52 Week Range||46.01 - 53.47|
|Beta (3Y Monthly)||0.10|
|PE Ratio (TTM)||27.64|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||1.76 (3.49%)|
|1y Target Est||50.61|
Berkshire Gas' outlook to stable. New York, October 22, 2019 -- Moody's Investors Service ("Moody's") today affirmed the A3 senior unsecured rating of Connecticut Natural Gas Corporation (CNG) and the A3 Issuer Rating of Berkshire Gas Company (BGC), two local gas distribution subsidiaries of Avangrid, Inc. (Baa1 stable). Moody's also changed the outlook of CNG to positive from stable, reflecting enhanced regulatory support and stronger financial metrics, and changed the outlook of BGC to stable from positive, reflecting our expectation that cash flow to debt metrics will remain steady at around 20% over the next three years.
Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (AGR), announced today that Alejandro de Hoz, currently the company’s Vice President of Offshore Wind, is appointed to the role of President & CEO. With experience in both onshore and offshore renewables around the world, de Hoz will be responsible for driving continued growth in this important part of AVANGRID’s business. “Avangrid Renewables plays a key role in achieving our ambition to be a top tier clean energy company and in fulfilling our corporate purpose to deliver a clean energy model that promotes healthier, more sustainable communities,” said AVANGRID CEO James P. Torgerson.
With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Avangrid, Inc. (NYSE:AGR). Avangrid, Inc. (NYSE:AGR) was in 12 hedge […]
Avangrid and PPL , utility companies with operations in the U.S. and U.K., have discussed a whole or partial merger valued at $67 billion including debt, a report said. One person told the paper that it's uncertain whether Iberdrola , the Spanish utility company that owns more than 80% of Avangrid, would invest in the transaction. PPL, based in Allentown, Pa., and serving more than 10 million electricity customers in Pennsylvania, Kentucky and the U.K., has a market capitalization of $23 billion and debt of $22 billion.
U.S. utility companies Avangrid Inc and PPL Corporation are in talks to combine their business, the Financial Times reported, citing people familiar with the matter. The report said https://www.ft.com/content/06dbb574-ec71-11e9-a240-3b065ef5fc55 it was unclear whether a deal would include an investment from Spanish utility Iberdrola, the world's biggest wind power producer, which owns more than 80% of Avangrid.
PPL, formerly known as Pennsylvania Power and Light, traces its roots to the consolidation of eight electric companies across eastern and central Pennsylvania in 1920. The company, which is now worth about $22.7bn, before net debt of $22.3bn, owns power assets across Pennsylvania and Kentucky, as well as an electric distribution company in the UK known as Western Power Distribution. The group serves more than 10m electricity customers in the two countries.
AVANGRID, Inc. will be releasing its third quarter 2019 financial results on Tuesday, October 29, 2019, after the market closes.
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
The EIA currently expects wind, solar, and other non-hydropower renewables to provide 10% of total utility-scale power generation in 2019 and 12% in 2020.
Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (AGR), reached agreement on September 13th with Axium Infrastructure to transfer 50% ownership of the Dry Lake II Wind Farm and 50% of the Copper Crossing Solar Project later this year. Avangrid Renewables developed, and currently owns and operates the two Arizona projects, with the long-term output of both projects under contract to Salt River Project (SRP).
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
During the first half of 2019, the U.S. wind industry successfully installed 1,577megawatts (MW) of new wind power capacity, reflecting a 53% increase over the first half of 2018.
Avangrid (AGR) delivered earnings and revenue surprises of -17.50% and 3.74%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?