PEG Jul 2019 65.000 call

OPR - OPR Delayed Price. Currency in USD
0.0300
0.0000 (0.00%)
As of 12:45PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.0300
Open0.0300
Bid0.0000
Ask0.0500
Strike65.00
Expire Date2019-07-19
Day's Range0.0300 - 0.0300
Contract RangeN/A
Volume1
Open Interest1.43k
  • Earnings Preview: PSEG (PEG) Q2 Earnings Expected to Decline
    Zacks13 hours ago

    Earnings Preview: PSEG (PEG) Q2 Earnings Expected to Decline

    PSEG (PEG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Have Insiders Been Selling Public Service Enterprise Group Incorporated (NYSE:PEG) Shares?
    Simply Wall St.18 hours ago

    Have Insiders Been Selling Public Service Enterprise Group Incorporated (NYSE:PEG) Shares?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • NYC Mayor Suggests ConEd Takeover After Heat Forces Shutdown
    Bloomberg2 days ago

    NYC Mayor Suggests ConEd Takeover After Heat Forces Shutdown

    (Bloomberg) -- After two major power failures involving Consolidated Edison Inc. in eight days, New York Mayor Bill de Blasio is suggesting that the government take over the investor-owned utility.“We don’t depend on a private company for water or for policing or for fire protection,” de Blasio said at a press conference Monday. “If they can’t handle the job, it’s time to look at new alternatives.”The company that serves the most-populous U.S. city is facing mounting criticism. An equipment failure on July 13 left 72,000 customers on Manhattan’s West Side without power. Days later, as the U.S. East Coast braced for a heat wave, the firm sought to reassure the city that its system was ready. It wasn’t, and instead ConEd was forced to shut off power in parts of New York to prevent damage to its equipment.In all, at least 53,000 customers lost electricity Sunday. Worst hit was a swath of Brooklyn where the company proactively halted electricity, as temperatures in New York City reached 95 degrees Fahrenheit (35 Celsius) and demand surged to a record.Circuit FailureAs temperatures spiked, circuits in parts of Brooklyn failed. That meant the New York-based company had to shift some load onto overhead lines that were already delivering a lot of power to sweltering customers. To avoid exceeding those lines’ capacity and potentially damaging equipment, ConEd switched off electricity starting Sunday evening.“We’re disappointed,” Michael Clendenin, a ConEd spokesman, said by phone Monday. “You can’t predict the equipment sometimes.”Demand Sunday reached a weekend record of 12,063 megawatts at 6 p.m., slightly higher than the company had predicted but still below the system’s maximum capacity of 13,200 megawatts, according to Clendenin.Shares of New York-based ConEd fell 0.5% to $86.80 at 1:30 p.m. in New York.Temperatures SpikeThe actions “were necessary to prevent longer outages to the impacted customers that would have occurred as a result of additional equipment damage,” the company said in a statement Monday. There was also at least one manhole fire in Brooklyn, which the company said was probably due to heat and heavy demand.Governor Andrew Cuomo is directing the State Department of Public Service to expand an investigation into ConEd outages that was opened after the July 13 incident.“We have been through this situation with ConEd time and again, and they should have been better prepared,” Cuomo said in a statement on Sunday. “This was not a natural disaster; there is no excuse for what has happened in Brooklyn.”New York isn’t the only big city suggesting a utility takeover. San Francisco has proposed taking on some of the assets of PG&E Corp. California’s biggest utility filed for bankruptcy in January under the weight of as much as $30 billion in liabilities for wildfires that have devastated the state. And on the East Coast, Philadelphia owns Philadelphia Gas Works Co., the largest municipally owned natural gas utility.ConEd restored power to more than 30,000 customers overnight, the company said Monday in a statement. Those who still don’t have electricity should have service restored by the afternoon, according to the utility.Relief ExpectedThe affected Brooklyn neighborhoods in Sunday’s outage include Canarsie, Flatlands, Mill Basin, Old Mill Basin, Bergen Beach and Georgetown. The company reported on its website that 13,301 customers were without power across its service area as of 1:24 p.m. local time Monday.Sunday’s outage came as relief is expected from dangerous heat baking a swath of the U.S. Lower temperatures are forecast after heat advisories and excessive heat warnings stretched from Oklahoma to Ohio and along the East Coast from Maine to South Carolina.On Sunday, ConEd asked customers in southeast Brooklyn and parts of Queens, as well as some Bronx neighborhoods, to conserve energy while crews worked to repair equipment.Separately, Public Service Enterprise Group Inc. reported Sunday night that power had been restored to most of the more than 27,000 customers on Long Island affected by equipment failures.\--With assistance from Stephen Stapczynski and Mark Chediak.To contact the reporters on this story: Will Wade in New York at wwade4@bloomberg.net;Brian Eckhouse in New York at beckhouse@bloomberg.net;Henry Goldman in New York at hgoldman@bloomberg.netTo contact the editors responsible for this story: Ramsey Al-Rikabi at ralrikabi@bloomberg.net, Pratish Narayanan, Steven FrankFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Bloomberg6 days ago

    Days After Manhattan Blackout, Storms Leave Thousands in Dark

    (Bloomberg) -- Less than a week after a faulty relay knocked out power to a sizable swath of Manhattan, Consolidated Edison Inc. found itself facing two more threats to its grid: powerful summer storms, and heat.Storms bearing strong winds and lightning rolled through the New York City area Wednesday night and early Thursday, cutting electricity to about 16,800 ConEd customers. By mid-morning, power had been restored to 15,000 of those customers, although the company reported lingering outages in Westchester County, the Bronx and Queens.In New Jersey, Public Service Enterprise Group Inc. reported about 44,700 customers losing power overnight. Of those, 40,000 had electricity restored by 8 a.m., the company reported. Both utilities reported placing extra crews on duty should further storms or the heatwave lead to more outages.On Saturday, problems with a protective relay system blacked out portions of New York City’s Upper West Side and Midtown neighborhoods.To contact the reporter on this story: David R. Baker in San Francisco at dbaker116@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Will Wade, Steven FrankFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Margaret Pego, Senior Vice President of Human Resources & Chief Human Resources Officer, Announces Retirement
    PR Newswire6 days ago

    Margaret Pego, Senior Vice President of Human Resources & Chief Human Resources Officer, Announces Retirement

    Sheila Rostiac, Vice President Total Rewards and Talent Management, Named as Successor NEWARK, N.J. , July 18, 2019 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) has announced that Margaret ...

  • The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise
    Zacks8 days ago

    The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise

    The Zacks Analyst Blog Highlights: Cisco, Home Depot, Merck, Humana and Public Service Enterprise

  • PSEG Power Names Eric Carr to Replace Pete Sena as PSEG Nuclear President and Chief Nuclear Officer
    PR Newswire8 days ago

    PSEG Power Names Eric Carr to Replace Pete Sena as PSEG Nuclear President and Chief Nuclear Officer

    NEWARK, N.J. , July 16, 2019 /PRNewswire/ -- PSEG Power LLC has announced that Peter P. Sena III , PSEG Nuclear President and Chief Nuclear Officer, has accepted a position outside of the company and will ...

  • Top Stock Reports for Cisco, Home Depot & Merck
    Zacks9 days ago

    Top Stock Reports for Cisco, Home Depot & Merck

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  • Are You Looking for a High-Growth Dividend Stock? PSEG (PEG) Could Be a Great Choice
    Zacks14 days ago

    Are You Looking for a High-Growth Dividend Stock? PSEG (PEG) Could Be a Great Choice

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PSEG (PEG) have what it takes? Let's find out.

  • Does Public Service Enterprise Group Incorporated's (NYSE:PEG) Debt Level Pose A Problem?
    Simply Wall St.19 days ago

    Does Public Service Enterprise Group Incorporated's (NYSE:PEG) Debt Level Pose A Problem?

    There are a number of reasons that attract investors towards large-cap companies such as Public Service Enterprise...

  • GuruFocus.com22 days ago

    Public Service Enterprise Group Inc (PEG) Chairman, President and CEO Ralph Izzo Sold $3. ...

    Chairman, President and CEO of Public Service Enterprise Group Inc (NYSE:PEG) Ralph Izzo sold 52,407 shares of PEG on 07/01/2019 at an average price of $58.26 a share.

  • Top Utility Stocks’ Wall Street Ratings and Price Targets
    Market Realist23 days ago

    Top Utility Stocks’ Wall Street Ratings and Price Targets

    Many top utility stocks are offering flattish potential upside due to the recent rally, based on analysts’ estimates.

  • PSEG Bridgeport Harbor Station 5 Online and Providing Power to Thousands of Connecticut Homes and Businesses
    PR Newswire29 days ago

    PSEG Bridgeport Harbor Station 5 Online and Providing Power to Thousands of Connecticut Homes and Businesses

    BRIDGEPORT, Conn., June 25, 2019 /PRNewswire/ -- Today, PSEG Power announced that its 485-megawatt combined-cycle Bridgeport Harbor Station 5 is online and available to provide energy to thousands of homes and businesses in Connecticut and add resiliency to the grid. The natural gas-powered Bridgeport Harbor Station 5 delivers on this vision with one of the lowest carbon footprints per megawatt of energy produced among all PSEG Power's fossil units. "PSEG is committed to producing cleaner energy and the safe and timely commissioning of Bridgeport Harbor Station Unit 5 is a testament to that effort," PSEG Power President and Chief Operating Officer, Ralph LaRossa said.

  • PSEG (PEG) to Sell Coal Stake: Lower Gas Price to Blame?
    Zacks29 days ago

    PSEG (PEG) to Sell Coal Stake: Lower Gas Price to Blame?

    Public Service Enterprise's (PEG) stakes in the Keystone and Conemaugh facilities represent 776 MWs of power generation, which are likely to get divested by the second half of 2019.

  • Bloomberglast month

    N.J.'s Top Utility Willing to Take $415 Million Hit to Exit Coal

    (Bloomberg) -- Public Service Enterprise Group Inc., the owner of New Jersey’s biggest utility, agreed to sell its stakes in two Pennsylvania power plants at a loss, marking the last steps in its plan to exit from coal.The deal to sell its stakes -- about 23% each -- in the Keystone and Conemaugh plants is expected to close in the second half of 2019, the Newark, New Jersey-based company said in a statement on Monday. PSEG will take a pretax charge of $375 million to $415 million in the current quarter because the anticipated sale price, which wasn’t disclosed, is less than book value of the assets, according to a filing.The deals reflect the declining value of coal power. Electricity prices in the region are falling, and costs to control coal-plant emissions are expected to climb, according to Kit Konolige, a utility analyst with Bloomberg Intelligence. That makes the long-term viability of these facilities hard to justify compared with cheap natural gas facilities. Coal is expected to generate less than 25% of U.S. electricity this year for the first time.“These were plants that they didn’t feel were going to be very valuable in the future,” Konolige said in an interview.Marijke Shugrue, a PSEG spokeswoman, declined to identify the buyers of the Pennsylvania plants and didn’t comment on the charge related to the sale. After the deal closes, PSEG won’t purchase electricity from them.PSEG retired two coal plants in New Jersey in 2017 and expects to shutter a 383-megawatt Connecticut facility in 2021. Its stake in the Pennsylvania facilities represents 776 megawatts.“This marks the last bit of coal that we have in our power portfolio,” Shugrue said by phone Monday.(Michael R. Bloomberg, the founder and majority stakeholder of Bloomberg LP, the parent company of Bloomberg News, has committed $500 million to launch Beyond Carbon, a campaign aimed at closing the remaining coal-powered plants in the U.S. by 2030 and slowing the construction of new gas plants.)To contact the reporter on this story: Will Wade in New York at wwade4@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Pratish Narayanan, Joe RyanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • PSEG Power Has Agreed to Sell Its Interest in Keystone and Conemaugh Coal Plants
    PR Newswirelast month

    PSEG Power Has Agreed to Sell Its Interest in Keystone and Conemaugh Coal Plants

    Nears Completion of its Coal Exit Strategy With Entire Coal Fleet Sold or Scheduled for Sale or Shutdown NEWARK, N.J. , June 24, 2019 /PRNewswire/ -- PSEG Power has agreed to sell its 776-megawatt (MW) ...

  • This is Why PSEG (PEG) is a Great Dividend Stock
    Zackslast month

    This is Why PSEG (PEG) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does PSEG (PEG) have what it takes? Let's find out.

  • Here’s What Hedge Funds Think About Public Service Enterprise Group Incorporated (PEG)
    Insider Monkeylast month

    Here’s What Hedge Funds Think About Public Service Enterprise Group Incorporated (PEG)

    How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

  • New Jersey Selects Ocean Wind for State’s First Offshore Wind Project
    Business Wirelast month

    New Jersey Selects Ocean Wind for State’s First Offshore Wind Project

    Ørsted, with support from PSEG, to develop 1,100 MW project, enough to power more than half a million New Jersey homes. Today the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from PSEG, to develop an 1,100 MW offshore wind farm, that will power more than half a million New Jersey homes.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of PEG earnings conference call or presentation 2-May-19 3:00pm GMT

    Q1 2019 Public Service Enterprise Group Inc Earnings Call

  • PSEG Holds One of Lowest Carbon Emissions Rates Among Largest U.S. Power Producers
    PR Newswirelast month

    PSEG Holds One of Lowest Carbon Emissions Rates Among Largest U.S. Power Producers

    NEWARK, N.J. , June 17, 2019 /PRNewswire/ -- PSEG has one of the lowest carbon emissions rates of the nation's largest power producers, according to a new analysis released today. PSEG is the 17th largest ...

  • Investors Who Bought Public Service Enterprise Group (NYSE:PEG) Shares Five Years Ago Are Now Up 54%
    Simply Wall St.last month

    Investors Who Bought Public Service Enterprise Group (NYSE:PEG) Shares Five Years Ago Are Now Up 54%

    Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses...

  • Benzinga2 months ago

    Goldman Upgrades Exelon, Says It's Otherwise Cautious On Energy Group

    Expected higher energy pricing in most regions in coming years led Goldman Sachs to boost target prices on Exelon Corporation (NYSE: EXC ) and Public Service Enterprise Group Inc . (NYSE: PEG ) — while ...