47.93 +0.01 (0.01%)
After hours: 4:44PM EDT
|Bid||46.15 x 1100|
|Ask||49.00 x 1800|
|Day's Range||47.62 - 48.17|
|52 Week Range||41.51 - 52.22|
|PE Ratio (TTM)||19.80|
|Forward Dividend & Yield||1.52 (3.15%)|
|1y Target Est||N/A|
The Vanguard Group is the largest institutional investor in Xcel Energy (XEL) according to the latest 13F filing. It added nearly 0.6 million shares of XEL and increased its stake to 7.5% at the end of the second quarter. In the first quarter, the firm lowered its stake in XEL to 7.4%.
Renewable power will be vital in the future, but that doesn't mean old-school utility companies are getting left behind as energy markets change.
According to the 14 analysts surveyed by Reuters that track PPL (PPL), two recommend “strong buy,” five recommend a “buy,” six recommend a “hold,” and one recommends a “sell” as of August 8.
PPL (PPL) stock is trading at a PE multiple of 13x—compared to its five-year historical valuation of 14x. Recently, PPL traded at an enterprise value-to-EBITDA multiple of 9.7x. The company’s five-year historical average is 11x. PPL stock appears to be trading at a discounted valuation compared to its historical multiples.
According to Wall Street analysts’ consensus, PPL Corporation (PPL) stock offers a handsome estimated upside of 10% per year with a mean target price of $31.40. Currently, PPL stock is trading at $28.54.
PPL (PPL) stock is currently trading at a PE multiple of 13.5x compared to its five-year historical average of 14x. It recently traded at an enterprise-value-to-EBITDA multiple of 9.7x. Its five-year historical average is 11x. So PPL seems to be trading at a discounted valuation to its historical multiples.
A new 86-mile, 345-kilovolt transmission line in southeast New Mexico has been completed. The Hobbs-to-China Draw transmission line stretches from Hobbs to south of Carlsbad and will connect New Mexico to the TUCO Substation north of Lubbock, Texas. The segment is part of a 345-kilovolt line that will stretch 240 miles, cost $400 million and be completed by June 2020, according to Xcel.
Xcel (XEL) delivered earnings and revenue surprises of 10.64% and 0.13%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Minneapolis-based company said it had profit of 52 cents. The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research ...
According to Wall Street analysts’ consensus, Xcel Energy (XEL) stock has a mean target price of $48.42 compared to its current market price of $45.91. Most analysts seem to be cautious on Xcel Energy stock. The chart above shows how analysts’ views have changed on Xcel Energy stock in the last few months.
Xcel Energy (XEL) stock returned 1.6% in the past year, significantly underperforming utilities at large. However, it should be noted that it has beaten its peers in the last five years. In that period, Xcel Energy, including dividends, returned 12% compounded annually. In the same period, the Utilities Select Sector SPDR ETF (XLU) returned ~10%.
Xcel Energy (XEL), one of the largest regulated utilities in the country, is scheduled to report its second-quarter results on July 26. Analysts expect it to report EPS of $0.47. In 2Q 2017, it reported EPS of $0.45.
Homes and businesses in Texas used record amounts of power on Thursday afternoon, breaking the previous record set Wednesday, and are expected to use even more in coming days as consumers crank up air conditioners to escape a brutal heat wave, according to the operator of much of the state's power grid. The Electric Reliability Council of Texas (ERCOT) said demand reached a system-wide peak of 73,259 megawatts (MW) between 4 and 5 p.m, topping the prior record high of 72,192 MW on Wednesday. To keep air conditioners running, Texas utilities are buying electricity from all sources, keeping power prices near seven-year highs hit earlier in the week.
The project includes two new substation sites, an expansion of an existing one and 23 miles of transmission line to connect the substations that will deliver electricity to the surrounding area of the eastern New Mexico town.
Texas homes and businesses set an all-time power consumption record on Wednesday as consumers crank up air conditioners to escape a brutal heat wave, according to the operator of most of the state's power grid. The Electric Reliability Council of Texas (ERCOT) said demand reached 71,438 megawatts (MW) on Wednesday, topping the grid's August 2016 high of 71,110 MW. To keep air conditioners humming, Texas utilities bought electricity from all sources, boosting power prices to their highest in almost seven years.
The U.S. Environmental Protection Agency's acting chief said on Wednesday he would push to cut regulations on industry and speed up decisions on permits, echoing the policies of former head Scott Pruitt who stepped down last week. Andrew Wheeler, a longtime Washington insider, took the reins on Monday after Pruitt, a former attorney general from Oklahoma, resigned over more than a dozen ethics controversies. Unlike Pruitt, Wheeler has been known to shun the spotlight.
The Texas Panhandle is getting another wind farm to generate electricity for the state and for New Mexico. Xcel Energy spokesman Wes Reeves said Thursday that the 478-megawatt Hale Wind Project will cost ...
Xcel Energy’s Rush Creek Wind Project is proving to be a welcome addition on the rolling plains of eastern Colorado weeks before its 300 towering wind turbines start generating electricity for the Denver area. The utility company’s 600-mega-watt renewable energy project in Elbert County has changed the economics of dozens of farms in the area, and boosted the sparsely-populated region’s economy with hundreds of construction jobs. Outside Matheson, 190 turbines in the Rush Creek 1 part of the project have been erected on the Kochis Farms, and several properties across the area.
For long term investors, improvement in profitability and outperformance against the industry can be important characteristics in a stock. In this article, I will take a look at Xcel EnergyRead More...