|Bid||97.84 x 800|
|Ask||97.88 x 2900|
|Day's Range||97.36 - 98.14|
|52 Week Range||77.19 - 99.81|
|Beta (3Y Monthly)||0.15|
|PE Ratio (TTM)||20.96|
|Forward Dividend & Yield||2.95 (3.02%)|
|1y Target Est||N/A|
Pinnacle West Capital Corporation’s board of directors today declared a quarterly dividend of $0.7375 per share of common stock, payable on Sept. 3, 2019, to shareholders of record on Aug.
PHOENIX-- -- Colder-than-normal weather drives quarter-over-quarter earnings increase Customer growth a solid 1.9 percent as Arizona’s economy continues to expand Company enhances customer value by lowering monthly bills Pinnacle West Capital Corp. today reported consolidated net income attributable to common shareholders of $17.9 million, or $0.16 per diluted share of common stock, for the quarter ...
APS is seeking Arizona Corporation Commission approval to once again lower customer rates as a result of federal tax reform. Once approved, this latest reduction will bring the overall savings from the tax expense adjustor to nearly $9 per month, or $108 a year, for a customer using the average amount of electricity. Customers started receiving these tax savings in March 2018, and a second wave took effect beginning with their bills in April 2019.
After announcing nearly a gigawatt of new clean-energy projects in February, APS is now seeking proposals to build two of them in different parts of the state. The first request for proposals (RFP) seeks partners to add batteries to existing APS solar plants in rural Arizona, storing their power for use after the panels stop producing each day. A second partner is being sought to develop a large new solar plant paired with storage, to bring more clean energy to customers after dark.
Pinnacle West Capital Corp. (PNW) announced today that it plans to release its 2019 first-quarter financial results before the U.S. financial markets open on Wednesday, May 1, 2019. That same day at noon ET (9 a.m. Arizona time), the Company will host a live webcast of management’s conference call to discuss the Company’s results, as well as recent developments. Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of almost $18 billion, about 6,000 megawatts of generating capacity and 6,300 employees in Arizona and New Mexico.
With unanimous approval from the Arizona Corporation Commission today, APS will pass $86 million more in federal tax reform savings on to customers beginning in April. This is the second federal tax adjustment since March 2018, and this portion of the savings will be returned to customers throughout the next year. For a customer using the average amount of electricity, the latest reduction will be about $2.50 per month and will vary based on actual usage, meaning larger users will see bigger savings. One year ago, customers started seeing the first $119 million in savings from these tax changes on their monthly bill, and with today’s ACC decision, the total benefit will reach more than $200 million.
PHOENIX-- -- Full-year 2018 results benefit from strong operational performance and prior year’s collaborative rate agreement An expanding Arizona economy and customer growth drive increase in retail revenue Pinnacle West Capital Corporation today reported consolidated net income attributable to common shareholders of $511.0 million, or $4.54 per diluted share, for full-year 2018. This result compares ...
Customers of Arizona Public Service (APS) will soon power their homes and businesses with solar after sunset thanks to three major clean-energy initiatives. APS will add battery storage to its existing fleet of solar power plants, build new solar plants with storage, and use storage to deliver cleaner energy to customers at times of peak energy usage.
Starting Feb. 1, APS will lower monthly bills more than $3 on average for residential customers. “We are always looking for ways to keep our product affordable, as well as safe, clean and reliable,” said Stacy Derstine, APS Vice President of Customer Service. “That’s how for 20 years APS rates have stayed below the rate of inflation.
NEW YORK, Jan. 30, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Pinnacle West Capital Corp. (PNW) announced today that it plans to release its 2018 fourth-quarter and full-year financial results before the U.S. financial markets open on Friday, Feb. 22, 2019. That same day at 11 a.m. ET (9 a.m. Arizona time), the Company will host a live webcast of management’s conference call to discuss the Company’s results, as well as recent developments. Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of almost $18 billion, about 6,200 megawatts of generating capacity and 6,300 employees in Arizona and New Mexico.
APS today announced a $1.5 million increase in assistance for customers who are struggling to pay their electricity bills due to a sudden financial hardship, with a special fund of $500,000 designated for Arizonans who have been affected by the federal government shutdown. Today’s announcement more than doubles the amount of Crisis Bill Assistance available to APS customers in 2019, bringing the total to $2.75 million. The program gives qualifying APS customers up to $400 per year to help pay their electricity bills.
Arizona Public Service and its parent company, Pinnacle West Capital Corp., have been awarded the HIRE Vets Medallion by the U.S. Department of Labor for its commitment to veteran careers.
PHOENIX-- -- Weather positively impacts quarterly results Retail sales and customer growth deliver bottom-line results Federal tax reform benefits both customers and the company Arizona voters reject ill-conceived Proposition 127 that would have amended Arizona’s State Constitution Pinnacle West Capital Corp. today reported consolidated net income attributable to common shareholders for the 2018 third ...
Arizona voters today overwhelmingly rejected Proposition 127, a constitutional amendment that would have required 50 percent of the electricity provided by APS to come from renewable sources by 2030, irrespective of the cost to customers. The ill-conceived proposition was opposed by a large, diverse and bipartisan coalition of Arizona business and community leaders. “We've said throughout this campaign there is a better way to create a clean-energy future for Arizona that is also affordable and reliable,” said APS Chairman, President and CEO Don Brandt.
NEW YORK, Nov. 05, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Pinnacle West Capital Corp. announced today that it plans to release its 2018 third-quarter results before the U.S. financial markets open on Thursday, Nov. 8, 2018.
Three new APS programs incentivize customers to adopt advanced technologies in their homes and businesses to help harness an abundance of midday solar energy. The APS Rewards program goes beyond using traditional batteries and helps to harness the use of thermal storage, through hot water heaters and smart thermostats.
APS customers across the state are now benefiting from APS Solar Communities, a new program making renewable energy more accessible to those who otherwise may not have the financial means to go solar. Designed specifically for limited- and moderate-income customers, APS Solar Communities approved participants agree to have a rooftop solar system installed at no cost. Customers then begin receiving a monthly $30 bill credit from APS while helping to contribute to the company’s 50-percent clean-energy portfolio.