|Bid||67.47 x 3200|
|Ask||68.73 x 1000|
|Day's Range||68.30 - 69.20|
|52 Week Range||61.53 - 77.19|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||14.34|
|Earnings Date||Feb 1, 2019|
|Forward Dividend & Yield||3.34 (4.84%)|
|1y Target Est||75.75|
What Could Drive NextEra Energy’s Q4 Earnings?(Continued from Prior Part)Analysts’ recommendations Analysts expect a potential upside of 6.5% from NextEra Energy (NEE) stock based on the target price of $186.9 and its current price of $175.4.
CHARLOTTESVILLE, Va. (AP) — Rich people using their wealth to try to influence politics is nothing new, but not many launch multimillion-dollar crusades against their local electric company.
The immediate fears surrounding Chesapeake Energy (NYSE:CHK) appear to have passed. A falling stock market and plunging oil prices late last year led to a selling spree in CHK stock. However, as oil prices have moved back above the $50 per barrel mark, interest in CHK returned. Still, for all of these improvements, Chesapeake Energy stock remains a struggling penny stock. As such, a sustained drop in oil prices could compromise the profits on which CHK has slowly built a recovery. Still, assuming it can stay the course and continue to reduce its debt, CHK stock appears positioned for an eventual move higher. ### CHK Stock Is Back. . . To Its Slow Recovery CHK stock has enjoyed a dramatic recovery since Christmas Eve. From its 52-week low of $1.71, it has surged to around $2.90 per share range in under a month. InvestorPlace - Stock Market News, Stock Advice & Trading Tips A few factors have worked in favor of CHK stock in that time. For one, the overall market recovered. The S&P 500 has increased by over 11% since the December 24th low. Oil prices, which saw a surprisingly dramatic plunge in the last months of 2018, have begun to recover. As a result, West Texas Intermediate (WTI) crude again trades at over $50 per barrel. ### Both Risk and Reward Lies in the Balance Sheet While concerns of an impending bankruptcy have abated, this takes us back to the scenario described in my previous article on CHK stock. * 7 Companies Apple Should Consider Buying Chesapeake remains a $2.55 billion company with negligible cash reserves. It also still holds almost $9.4 billion in long-term debt. This may explain why CHK remains a penny stock despite a 4.5 forward P/E ratio. Given these circumstances, CHK stock remains a poor choice for risk-averse investors. However, for those who can tolerate more risk and want a speculative play, I see a high degree of potential for Chesapeake. For one, despite the high costs of servicing its debt, analysts forecast profits every year through at least fiscal 2020. As it realizes those profits, Chesapeake can pay down more of its debt. Reduced debt should lead to a higher CHK stock price over time. This virtuous cycle of falling debt and higher equity would return Chesapeake to financial stability in time. ### Strategic Moves Should Pay Off, Eventually I think the strategic moves that might have concerned investors will ultimately build confidence in CHK. CEO Doug Lawler announced that the company would reduce active rig counts from 18 to 14 for 2019. Some might wonder how reducing the number of rigs improves the business. My colleague James Brumley believes it helps. He described this move as prioritizing "quality over quantity," and I agree. With oil prices down by almost one-third from their October highs, I think this makes sense. The production level of 462,000 to 464,000 barrels of oil equivalent per day fell from last year's numbers. However, it comes in ahead of the 448,000 per day analysts had expected. Also, the costs of the proposed $4 billion acquisition of Wildhorse Resources (NYSE:WRD) probably made some investors nervous as well. However, it increases the company's stake in oil, which for now produces much higher margins than natural gas. Speaking of natural gas, its margins should also improve over time. CHK remains one of the largest natural gas producers in the country. As such, it can benefit from the burgeoning export industry in liquefied natural gas (LNG). A third terminal began LNG production in Corpus Christi, Texas late last year. Several other terminals are in the planning stages, and analysts estimate that the U.S.'s export capacity will more than double this year. Both Cheniere Energy (NYSEAMERICAN:LNG) and Dominion Energy (NYSE:D) operate terminals. In the coming months, industry analysts expect Kinder Morgan (NYSE:KMI) and Freeport LNG to finish construction on their terminals. ### The Bottom Line on CHK Stock For all of the price fluctuations and possible strategies that can affect CHK stock, maintaining a virtuous cycle of falling debt and rising stock prices remains critical to inspiring confidence. The immediate fears caused by the drop in oil prices appear to have passed. Oil again trades over $50 per barrel. Also, production should become more focused once the Wildhorse Deal closes in February. Moreover, prospects for natural gas should only improve as more LNG export terminals come online. * 7 Retail Stocks to Buy for the Rise of Menswear Still, for all of the optimism, debt levels remain well above the market cap. But profit forecasts for CHK stock offer a plausible path back to financial stability. If debt continues falling, those investors who bear the high risks of CHK should enjoy massive gains as Chesapeake stabilizes. However, no matter how much oil and natural gas prices influence moves in the stock, it is debt and equity that will ultimately define CHK stock. As of this writing, Will Healy is long CHK stock. You can follow Will on Twitter at @HealyWriting. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post Balance Sheet Numbers Are Key for Chesapeake Energy Stock appeared first on InvestorPlace.
A Look at Utility Stocks with Robust Potential Upsides(Continued from Prior Part)Dominion EnergyDominion Energy (D) stock offers an upside potential of more than 11% based on analysts’ median target price of $75.8 for the next 12 months. It’s
# Dominion Energy Inc ### NYSE:D View full report here! ## Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low and declining * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for D with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 4. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $8.99 billion over the last one-month into ETFs that hold D are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. D credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
RICHMOND, Va., Jan. 16, 2019 /PRNewswire/ -- The Edison Electric Institute (EEI) has awarded Dominion Energy with the Association's "Emergency Recovery Award" for its outstanding power restoration efforts after Tropical Storm Michael caused more than 630,000 outages in the Dominion Energy service territory in October 2018. Dominion Energy crews restored service to 100 percent of impacted customers within five days after the storm, dedicating some 290,000 man-hours to the recovery. Tropical Storm Michael was the sixth-largest storm event in Dominion Energy's history.
A Look at Utility Stocks with Robust Potential UpsidesDefensives outperformed in 2018The utilities sector, which is usually considered to be pretty uninteresting, has fallen more than 10% from the yearly high it hit last month.Many utility stocks
A review of environmental requirements for the Duke Energy-backed Atlantic Coast Pipeline could delay completion of the project until mid 2021 and significantly increase its costs.
Utilities: Analyzing Gains and Losses Last Week(Continued from Prior Part)Analysts’ target pricesAnalysts expect an upside potential of 6.3% from NextEra Energy (NEE) stock based on the median target price of $186.8 and its current price of
# Dominion Energy Inc ### NYSE:D View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low and declining * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for D with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 4. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $14.55 billion over the last one-month into ETFs that hold D are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit There is no PMI sector data available for this security. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. D credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Utilities: Analyzing Gains and Losses Last Week(Continued from Prior Part)Dividend yieldsMacroeconomic factors mainly drove broader markets in the last few months, which played out well for utilities. Utilities’ relatively slow and steady stock
Utilities: Analyzing Gains and Losses Last Week(Continued from Prior Part)ValuationAmong the top utilities, NextEra Energy (NEE) is trading at a forward PE ratio of 21x based on the estimated EPS for the next 12 months. NextEra Energy looks to be trading at a fair premium compared to its historical valuation and its peers. NextEra Energy’s
"Public utilities are depending on the ACP to generate cleaner electricity and provide more affordable, reliable energy to millions of consumers and businesses. Delaying the project will only force consumers and businesses to pay higher energy costs and slow down the transition to cleaner energy.
Totals could reach 10 inches before the sun returns Monday and temperatures rise into the 40s Fahrenheit by Tuesday, said Rob St. Pierre, a meteorologist with Hometown Forecast Services in Nashua, New Hampshire. “They will get off-and-on snow today and then it will clear out late tonight,” said St. Pierre, who provides forecasts for Bloomberg Radio. As of 3:45 p.m. in Washington, almost 800 flights had been canceled within, into or out of the U.S., the majority from the three Washington-area airports -- Reagan, Dulles International and Baltimore/Washington International -- according to FlightAware, a Houston-based airline tracking service.
General Atlantic, a private equity firm that invests in growth companies, has promoted Aaron Goldman and Paul Stamas to co-head its investments in financial services, according to a memo seen by Reuters on Thursday. New York-based General Atlantic, which has $28 billion in assets under management and whose investments include Uber Technologies, AirBnB and Ant Financial, made the change last year.
International callers should dial (334) 323-9872. The passcode for the conference call is "Dominion." Participants should dial in 10 to 15 minutes prior to the scheduled start time. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com/.
Ryan McQueeney discusses why he is playing it safe in the Income Investor portfolio with his two latest additions: MPLX LP (MPLX) and Dominion Energy (D). On top of their strong dividends, what makes these stocks a smart play right now.
The tail end of 2018 didn't shape up to be great for the investing public. The markets -- down 6%-plus for the full year -- fell into a turmoil and it looked as if the bulls were finally rolling over into a big bear market. Stocks, commodities and other risk assets tanked as global growth worries moved to the forefront of many investors' minds. At the time of writing, the S&P 500 is now roughly 12% below its recent September highs, while the tech-heavy Nasdaq is down around 14% from its recent peaks. But just as it looked like the markets' woes could spill over into the New Year, the market got its Santa Claus rally after all. From Dec. 24 to Dec. 31, the S&P jumped 6.6% while the Nasdaq gained 7%. Year-to-date so far, the S&P is up another 3%. The Nasdaq, 4.4%. That doesn't mean that the bear market is over. Far from it. This is a great time to strengthen your portfolio's diversity, introducing a number of defensive stocks to batten down the hatches in case more dark clouds roll over the horizon. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Luckily, exchange-traded funds (ETFs) make shifting portfolio strategy a breeze. By using ETFs, investors can add a dose of safety to their portfolios and potentially save themselves some losses as the bear takes over. Moreover, they can do it quickly with one ticker access. There's no major selling or buying with ETFs. That makes using them the perfect way to hedge a portfolio. * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors With that, here are three defensive ETFs to buy right now to limit a potentially elongated bear market's growl. Source: Shutterstock ### Invesco Defensive Equity ETF (DEF) Expense Ratio: 0.60%, or $60 per $10,000 invested One of the oldest and most successful ETFs providing safety to portfolios is the $165 million Invesco Defensive Equity ETF (NYSEARCA:DEF). Heck, it even has "defense" as part of its name. The key to that defense comes down t its underlying construction. DEF tracks the Invesco Defensive Equity Index. That benchmark combs through the universe of large-cap stocks and finds those superior risk-return profiles during periods of stock market weakness as well as offer gains during bear markets. The basic underlying idea is to create a portfolio of stocks that should hold up- or at least fall a lot less than the broader market- when things get dicey. The ETF currently holds 100 different stocks- with its top holdings reading like a who's who of America's "bedrock" stocks, including drugmaker Eli Lilly & Co (NYSE:LLY) and consumer products firm Hormel Foods (NYSE:HRL). Stocks in the ETF are equally weighted so that investors can gain the most from each holding's defensive nature. Healthcare stocks make up around 20% of the portfolio, while industrials and tech make much around 15% of assets each. As far as performance goes, DEF has been one of the better defensive ETFs around. During market troubles, the fund has managed to hold its own. Considering 2018's performance, DEF has managed to beat the S&P 500. That outperformance should continue next year as the market drifts lower. ### Defensive ETFs To Buy Today: iShares Select Dividend ETF (DVY) Expense Ratio: 0.39% Investors often forget one of the best ways to score some great defense is through firms that pay hefty dividends. After all, making a few percentage points in yield can mean the difference between a loss and gain at the end of the day during drifting and sinking markets. More importantly, reinvested dividends can propel an overall position that much higher as prices rebound. Dividend ETFs such as the iShares Select Dividend ETF (NYSEARCA:DVY) make it easy to add a dose of dividends to a portfolio. DVY can be seen as a "catch-all" fund when it comes to dividend ETFs. The ETFs underlying index -- Dow Jones U.S. Select Dividend Index -- looks at U.S. stocks that have long histories of paying dividends as well as high yields. This allows investors to score a high yield today as well as one that will last the test of time. That's perfect for today's low return environment. The more pennies you can pick-up today, the better. And while the idea of "high yield" may sound scary, investors shouldn't fret. DVY's top holdings are not fly-by-night names. Pfizer (NYSE:PFE) and utility Dominion Energy (NYSE:D) are some of the stalwarts dotting its top-holdings. Those stalwarts and its remaining holdings help produce a tasty 3.51% yield. * Morgan Stanley: 7 Risky Stocks to Sell Now All in all, dividends can help boost a portfolios defense and DVY could be one of the best ETFs to get that exposure. ### SPDR Gold Shares (GLD) Expense Ratio: 0.40% When the going gets tough, investor's flock to gold. That relationship has been tested time and time again. And lately, the various gold ETFs are continuing the trend. Gold prices have spiked in recent weeks as the market has sputtered and finished December at six-month highs. And if you remember, six months ago was the last time the market had a slight meltdown. Because of this, gold ETFs could be one of the best ways to kind of hedge the upcoming storm in the year ahead. And you can't get much better than the SPDR Gold Shares (NYSEARCA:GLD). The $33.5 billion GLD is one of the largest ETFs in the world and is the behemoth among the gold ETFs. The fund doesn't use futures to get its gold exposure but owns physical bullion stored in a vault on behalf of investors. That keeps GLD's share price closely mirroring what is happening in the gold market. Each share of the ETF represents a 10th of an ounce of gold. So, buy 10 shares and you have an ounce of physical gold in your portfolio. This makes the GLD one of the easiest ways to add exposure to the asset class. There's no need to pay exorbitant fees to own gold and gain from its hedging abilities. In fact, GLD costs a cheap 0.40% in expenses. Given the markets current state, adding a touch of gold could be one of the best defenses around. At the time of writing, Aaron Levitt did not have an exposure to any ETF or stock listed. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 3 Defensive ETFs to Protect Yourself From Another Market Selloff appeared first on InvestorPlace.
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...