|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||61.36 - 62.64|
|52 Week Range||48.39 - 62.64|
|Beta (5Y Monthly)||0.19|
|PE Ratio (TTM)||25.86|
|Earnings Date||Apr 23, 2020 - Apr 27, 2020|
|Forward Dividend & Yield||1.54 (2.49%)|
|Ex-Dividend Date||Mar 23, 2020|
|1y Target Est||56.50|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Confederated Tribes of Warm Springs Reserv, OR and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Portland General Electric Company (NYSE: POR) today reported net income of $214 million, or $2.39 per diluted share, for the year ended Dec. 31, 2019. This compares with net income of $212 million, or $2.37 per diluted share, for the year ended Dec. 31, 2018. Net income was $61 million, or $0.68 per diluted share, for the fourth quarter of 2019. This compares with $49 million, or $0.55 per diluted share, for the comparable period of 2018.
On February 12, 2020, the board of directors of Portland General Electric Company (NYSE: POR) approved a quarterly common stock dividend of 38.5 cents per share, consistent with previous quarters.
The federal trial of Michael Avenatti is going to the jury, the Oregonian reports. The lawyer famous for representing adult film actress Stormy Daniels in a case against President Donald Trump is being tried on extortion charges. Avenatti hoped to put Nike's practices regarding elite basketball prospects in the spotlight and make his defense about Nike corruption.
A House committee approved a bill Tuesday that could pave the way for lower rates for low-income energy consumers. House Bill 4067 would apply to regulated utilities, including Portland General Electric, Pacific Power and NW Natural, all of which joined with an array of advocacy groups in backing the legislation. The bill doesn’t mandate programs, but would give the Public Utility Commission flexibility to consider ways to make energy more affordable to low-income households.
A Portland General Electric program that ties big customers to new renewable energy sources will result in construction of the largest solar power plant in Oregon, the electric utility said Tuesday. Avangrid Renewables will develop the Gilliam County project, with a generating capacity of 162 megawatts, and sell the power to PGE under a 15-year power purchase agreement. The plant is the direct result of a new program PGE calls "Green Future Impact." It's a voluntary renewable energy tariff that allows big electricity buyers such as cities, counties, universities and large companies to contract for energy from a new renewable generating source.
Portland General Electric (NYSE: POR) and Avangrid Renewables, a subsidiary of Avangrid, Inc. (NYSE: AGR), announced an agreement to purchase power from a new 162-megawatt solar generation facility – the largest in Oregon – to be developed and built in eastern Oregon. The new facility will supply power and the accompanying renewable energy credits to PGE's Green Future Impact customers, helping them source up to 100% of their energy from a local renewable energy resource that they've helped make possible.
Low-income Oregonians face a total home energy affordability gap — the difference between what they owe and what's considered a reasonable "energy burden" — of $345 million, according to state regulators. Against that backdrop, lawmakers are considering a bill that would allow the Public Utility Commission to take energy burden into account when designing rates for customers of regulated utilities, including Portland General Electric, Pacific Power and NW Natural. House Bill 4067 grows out of 2018's Senate Bill 978, which ordered a wide-ranging, stakeholder-driven exploration of the PUC's regulatory system.
Portland General Electric Company (NYSE: POR) today announced a partnership with Portland Public Schools (PPS) to accelerate the creation of a first-of-its-kind, comprehensive K-12 curriculum that explores the causes and consequences of climate change, as well as potential solutions.
Today we'll take a closer look at Portland General Electric Company (NYSE:POR) from a dividend investor's perspective...
Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, Feb. 14, to review its fourth quarter and full-year 2019 financial results.
For anyone on the energy beat, climate change might be the top story to watch every year until retirement — no matter how late in the century that comes. Democrats are sticking with the market-based approach to limiting greenhouse gas emissions that fell short in the Senate last year amid a Republican walkout. For Gov. Kate Brown, it's the threat of executive action to limit emissions — remember, after the 2019 session closed, she declared, “I am not backing down.” Brown's office has explored options, but she’s held her fire, hanging onto the leverage for the five-week legislative session that begins in early February.
When Portland General Electric Company (NYSE:POR) announced its most recent earnings (30 September 2019), I compared...
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
How far off is Portland General Electric Company (NYSE:POR) from its intrinsic value? Using the most recent financial...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Portland General Electric Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
PGE (POR) delivered earnings and revenue surprises of 3.39% and 0.28%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Maintaining full-year 2019 earnings guidance of $2.35 - $2.50 per share, expecting to be in the lower half of the range - Accelerating clean energy efforts with progress on Integrated Resource Plan and ...
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]