70.10 +0.02 (0.03%)
After hours: 4:36PM EDT
|Bid||70.15 x 1000|
|Ask||70.16 x 1400|
|Day's Range||69.97 - 71.18|
|52 Week Range||45.50 - 71.54|
|Beta (3Y Monthly)||0.20|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.45 (3.47%)|
|1y Target Est||N/A|
Southern California Edison, after rigorous regulatory, internal and third-party readiness and operational reviews, will restart spent nuclear fuel transfer operations at the San Onofre nuclear plant. SCE halted the transfer of fuel from wet to dry storage following an incident last Aug. 3 when a canister became wedged during the downloading process. The canister was eventually placed safely into storage.
Southern California Edison appreciates the focus Gov. Newsom, his strike force and the Commission on Catastrophic Wildfire Cost and Recovery brought to the issue, as well as the diligence and urgency with which the Assembly and Senate acted to pass a package of bipartisan bills.
The Board of Directors of Edison International today declared a quarterly common stock dividend of $0.6125 per share, payable on July 31, 2019, to shareholders of record on July 8, 2019.
Utility crews will begin Monday depowering the 50 community alert sirens once required for operation of the San Onofre nuclear plant. The sirens are located within a 10-mile radius of the plant in the communities of San Clemente, Dana Point, San Juan Capistrano, unincorporated Orange County, the Camp Pendleton Marine base and on state park lands. The Nuclear Regulatory Commission, along with the Federal Emergency Management Agency, determined in 2015 the sirens were unnecessary because accident scenarios at the defueled nuclear plant can no longer exceed Environmental Protection Agency protective action values that recommend evacuation or sheltering in place.
Southern California Edison today awarded a consulting contract to North Wind, Inc. to develop a strategic plan that will assess the feasibility of relocating spent nuclear fuel at the San Onofre nuclear plant to a commercially reasonable, off-site facility. SCE is committed to the safe, secure storage of spent nuclear fuel, recognizing that efforts to relocate San Onofre’s spent nuclear fuel off-site must proceed in a thoughtful, forward-thinking and responsible way, ensuring that relevant interests are recognized and heard. Moving San Onofre’s spent nuclear fuel off-site is a top priority for SCE, as is safely managing the fuel while it is on-site.
The entire Edison International and Southern California Edison community is profoundly saddened to learn of the passing today of SCE President Ron Nichols.
Edison International has released its 2018 Sustainability Report reflecting its sustainability strategy and 2018 sustainability performance. The report shows how the company is leading the transformation of the electric power industry and operating its business with excellence by focusing on customers, communities and employees, with safety as its top value.
The San Onofre Community Engagement Panel (CEP) will receive an update from Southern California Edison regarding the status of spent fuel transfer operations and discuss the process for resuming fuel loading at the San Onofre nuclear plant. Fuel transfers have been on hold since the Aug. 3 canister-loading incident. The CEP quarterly meeting is scheduled for Wednesday in Oceanside.
Today California’s three largest energy companies announced a coordinated wildfire safety and awareness campaign to prepare Californians for the threat of extreme weather and power outages during times of increased wildfire danger. The statewide Power of Being Prepared campaign is being led jointly by Southern California Edison (SCE), San Diego Gas & Electric (SDG&E) and Pacific Gas and Electric Company (PG&E), at the direction of the California Public Utilities Commission (CPUC).
Edison International today reported first quarter 2019 net income of $278 million, or $0.85 per share, compared to net income of $218 million, or $0.67 per share, in the first quarter 2018.
The Edison International community is deeply saddened to learn of the passing of Edison International board member Ellen Tauscher. Her death is a loss to our country, our state and all who were touched by her professionally and personally.
NEW YORK, NY / ACCESSWIRE / April 30, 2019 / Edison International (NYSE: EIX ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 30, 2019 at 4:30 PM Eastern ...
Southern California Edison today asked the California Public Utilities Commission (CPUC) to include a wildfire risk component in setting the company’s authorized cost of capital for utility operations for the three-year period starting in 2020. In its application, SCE is seeking a return on common equity (“Base ROE”) of 10.6% for 2020, compared to its current Base ROE of 10.3%. This level of return reflects capital needs for safe, reliable day-to-day operations and investments the company is making to help achieve California’s ambitious clean energy goals.
Washington and Oregon face similar environmental challenges, transportation being the largest contributor to air pollution and greenhouse gas emissions in those states as well. Today, electricity providers in the three West Coast states announced that they are working on a solution to significantly curb those harmful emissions. Nine electric utilities and two agencies representing more than two dozen municipal utilities are sponsoring the West Coast Clean Transit Corridor Initiative, a study to determine how best to ensure that Interstate 5 — a lifeline of goods transportation that extends more than 1,300 miles from the Canadian to the Mexican border — is equipped with sufficient charging to support electric long-haul trucks.
Utilities and municipalities in three western states join in unprecedented collaboration to tackle harmful emissions
Southern California Edison is encouraged by the broad scope of Gov. Newsom’s strike force report, which addresses critical wildfire issues including prevention, keeping the state on track to meet its ambitious climate change goals and liability and regulatory reform.
Citing “dramatic, material changes” to its regulatory and financial conditions, Southern California Edison today filed a request with the Federal Energy Regulatory Commission (FERC) to include an adjustment for the company’s extraordinary wildfire risk in the authorized return on equity (ROE) for the portion of its business regulated by FERC. The company’s overall request for an ROE of 17.12%, plus incentives consistent with past years, also reflects the challenges it faces to help implement the state’s clean energy policies.
Edison International (EIX) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC) to purchase up to 2 million shares of Edison International common stock from the stockholders of Edison International, representing approximately 0.61 percent of the outstanding shares of Edison International common stock. TRC stated in the mini-tender offer that its offer price of $61.75 per share is approximately 4.54 percent lower than the $64.69 per share closing price of Edison International common stock on the New York Stock Exchange on March 22, 2019, the last trading day before the commencement of the offer.
Thirty high school seniors from the class of 2019 have been named Edison Scholars and will be awarded $1.2 million in scholarships to dream big and power the future through science, technology, engineering or math studies by Edison International, the parent company of Southern California Edison.
The San Onofre Community Engagement Panel will discuss improvements made to fuel transfer operations at the San Onofre nuclear plant since the Aug. 3 canister-downloading incident during its quarterly meeting March 28 in Laguna Hills. Fuel transfer operations at San Onofre have been on hold since Aug. 3 when a canister that was being downloaded became wedged near the top of a cavity enclosure container (CEC) on the dry cask storage pad. The slings that support the canister during downloading continued to be lowered while the canister remained wedged.
We keep in our thoughts all those who have been affected by wildfires. The devastating loss of lives, homes and businesses is tragic, and SCE will continue to provide assistance and support to those affected by wildfires. SCE believes evidence shows there were at least two separate ignitions on Dec. 4, 2017, that led to two fires that together have been commonly referred to as the Thomas Fire — one in the Anlauf Canyon area of Ventura County and another near Koenigstein Road in the city of Santa Paula.
Southern California Edison believes evidence shows there were at least two separate ignitions on Dec. 4, 2017, that led to the two fires that together are commonly referred to as the Thomas Fire — one in the Anlauf Canyon area of Ventura County and another near Koenigstein Road in the city of Santa Paula. SCE provided evidence to CAL FIRE and Ventura County Fire Department (VCFD) that indicates fire was burning in Anlauf Canyon at least 15 minutes prior to the start time indicated by VCFD.