|Bid||63.09 x 800|
|Ask||64.84 x 800|
|Day's Range||63.07 - 63.76|
|52 Week Range||45.50 - 71.00|
|Beta (3Y Monthly)||-0.18|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.45 (4.09%)|
|1y Target Est||N/A|
The biggest utilities along the West Coast are taking the first step in electrifying one of the busiest freight lanes in the U.S. Utilities including Pacific Gas and Electric (NYSE: PCG), Southern California Edison, Puget Sound Energy and Portland General Electric (NYSE: POR) are among the participants in a study to put up a string of electric charging stations for medium- and heavy-duty trucks along the 1,350 miles of Interstate 5 (I-5), which stretches from Mexican border to the Canadian border.
How Are Utility Stocks Placed for the Future?(Continued from Prior Part)Target pricesMany utility stocks (XLU) are offering dull upside potential due to their recent strength. However, NRG Energy (NRG) offers a potential upside of more than
How Are Utility Stocks Placed for the Future?(Continued from Prior Part)PG&EPG&E (PCG), which is seeking bankruptcy protection under Chapter 11, had one of the best weeks of the year. The stock rose almost 20% last week after Governor
Californian utility stocks soared Friday, April 12, after the release of a wildfire report. Power up profits with these three trading ideas.
The creation of a fund that would allow utilities to pay for wildfire damage claims sent PG&E Corp shares soaring nearly 12 percent before closing 3.95 percent higher on Friday. "PG&E is a textbook example of what happens when a utility does not invest in safety after numerous deadly reminders to do so over many years," a report released by Newsom said. PG&E said in a statement that it is "embracing the calls for change," and committed to resolving wildfire victims' claims fairly and expeditiously.
The governor issued a report Friday outlining possible solutions for how costs for destructive wildfires will be covered -- including a possible fund that utilities can tap into -- that sent the clearest signal yet that the state will move to keep its power companies solvent. The wide-ranging report gave Wall Street optimism that California will work with utilities to solve an intractable problem: who pays for wildfires as climate change threatens to make them deadlier and more frequent. Now, the task of developing a concrete approach falls to lawmakers, who need to work quickly as another fire season nears.
Shares of Clovis Oncology Inc (NASDAQ:CLVS), Conduent Incorporated (NYSE:CNDT), Edison International (NYSE:EIX), Chevron Corporation (NYSE:CVX), and Anadarko Petroleum Corporation (NYSE:APC) were all on the move on Friday as the S&P 500 closed above 2900. Some like Edison International (NYSE:EIX) and Anadarko soared, while others like Clovis fell. Given their moves, let's find out why each stock rose and fell and how […]
For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that l...
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Analysts’ target pricesSempra Energy (SRE) has a median target price of $132.6 compared to its current market price of $127.8, which suggests an estimated upside of ~4%
Southern California Edison utility said on Thursday it requested a federal agency to adjust the extraordinary wildfire risk for the portion regulated by it in the company's authorized return on equity (ROE). The company requested http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190411:nBw4GpyFfa the Federal Energy Regulatory Commission for an ROE of 17.12 percent, including incentives and investments in new technologies and clean energy projects. Southern California's authorized ROE was at 10.3 percent in 2018, according to its annual filing.
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Total returnsSempra Energy (SRE), including dividends, returned more than 18%, while broader utilities (XLU) returned 17% in the last 12 months. We have considered capital
How's Sempra Energy Placed Compared to Its Peers?(Continued from Prior Part)Debt profileUtility companies generally have a large amount of debt on their books due to their heavy capital spending needs. At the end of the fourth quarter of 2018,
How's Sempra Energy Placed Compared to Its Peers?Sempra stock at an all-time high Sempra Energy (SRE) stock has shown a decent uptrend. Currently, the stock is trading at its all-time high. So far, the stock has risen more than 18% in 2019 and
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Edison International (EIX) have what it takes? Let's find out.
Utilities: How These Defensives Fared in March's Last Week(Continued from Prior Part)Analysts’ price targetsIn this article, we’ll discuss analysts’ views and price targets on relatively cheap utility stocks from a valuation perspective. Many
Utilities: How These Defensives Fared in March's Last Week(Continued from Prior Part)Valuation Utility stocks as a whole are trading at a forward PE multiple of ~18x, higher than their historical average. The unusual rally in these defensives has
Once again, the utilities sector yield paradox is developing. The utilities rally since early 2018 has resulted in valuations that are well above historical norms and roughly 10% above what we consider fair value.
Is Edison International (NYSE:EIX) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before doing days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have […]
Edison International (EIX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Will Creditors Be Saviors for PG&E?(Continued from Prior Part)Approval of debtor-in-possession loanAccording to Reuters, PG&E (PCG) won a court approval on March 27 for a $5.5 billion loan to help keep up its electric and gas delivery
SAN ONOFRE, Calif. (AP) — The Nuclear Regulatory Commission is fining the Southern California Edison utility $116,000 for violations in its handling of nuclear canisters at the shuttered San Onofre Nuclear Generating Station.
(Bloomberg) -- It’s inevitable. Every year, big swaths of California will burn. The question now that spring is here is how bad it will be.