|Bid||27.02 x 1000|
|Ask||27.02 x 1000|
|Day's Range||26.60 - 27.19|
|52 Week Range||17.19 - 34.47|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||124.63|
|Forward Dividend & Yield||1.30 (4.81%)|
|Ex-Dividend Date||Feb 26, 2021|
|1y Target Est||30.86|
If you're invested in energy stocks but are worried about how they may affect your portfolio returns if a recession were to hit the economy, you might want to look at stocks that can not only keep their heads above water but also succeed despite a recession. Here are three such energy stocks that fit the bill. Among the many publicly listed utilities, one reason I like Duke Energy (NYSE: DUK) is its dividend growth potential and a strong yield of 3.9%, which can come in really handy for investors in terms of generating passive income during a down cycle.
For investors, the chief concern when it comes to investing in renewable energy companies is their generally erratic performance. It may take several more years, if not decades, before some companies in the renewable energy space start generating steady profits. At current share prices, the dividend paid by Algonquin Power & Utilities (NYSE: AQN) yields 3.8%.
PRINCETON, N.J., April 12, 2021 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2021 financial results on Thursday, May 6, 2021. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the Investor Relations section. The webcast will be archived on the site for those unable to listen in real time. About Clearway Energy Clearway Energy, Inc. is one of the largest renewable energy owners in the US with over 4,200 net MW of installed wind and solar generation projects. Clearway Energy’s over 8,000 net MW of assets also includes approximately 2,500 net MW of environmentally-sound, highly efficient natural gas generation facilities as well as a portfolio of district energy systems. Through this environmentally-sound diversified and primarily contracted portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income. Clearway Energy’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by its controlling investor Global Infrastructure Partners III (GIP), an independent infrastructure fund manager that invests in infrastructure and businesses in both OECD and select emerging market countries, through GIP’s portfolio company, Clearway Energy Group. Investor:Akil Marsh, email@example.com Media: Zadie Oleksiw, 202-836-5754 firstname.lastname@example.org