|Bid||51.20 x 200|
|Ask||54.99 x 200|
|Day's Range||52.72 - 53.48|
|52 Week Range||41.51 - 53.48|
|Beta (3Y Monthly)||-0.12|
|PE Ratio (TTM)||21.98|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||1.52 (2.86%)|
|1y Target Est||51.23|
In the Austrian capital ministers from Opec members and their allies in what is often called the Opec+ group, including Russia and Kazakhstan, met to thrash out an agreement on how to maximise their revenues from the most-used fossil fuel, oil. In the Polish city, meanwhile, officials from about 195 countries, including the nations represented in Vienna, have been meeting to debate how the world should respond to the threat of catastrophic climate change created by the use of oil, coal and gas. In a sign of the careful handling needed to deliver the deal, the precise breakdown of the 1.2m barrels a day between countries was not revealed, although it was specified in the official communiqué that the cartel’s members would cut by 800,000 b/d and the non-Opec countries by 400,000 b/d.
The company, which pledged to cut carbon dioxide emissions 80 percent by 2030 and 100 percent by 2050, operates two reactors in Minnesota that will become increasingly vital as wind and solar expand, Fowke said during an interview Friday. Xcel this week became the first major U.S. utility to pledge to fully phase out carbon. Politicians and some environmentalists see nuclear plants -- which don’t emit greenhouse gases -- as an ideal complement.
In this series, we’ve discussed the biggest utility stocks by market capitalization. We’ll look at Xcel Energy (XEL) in this part. Xcel Energy stock has rallied recently and is close to its 52-week high. Xcel Energy’s significant exposure to regulated operations stabilizes its earnings and dividends. To learn more, read How Xcel Energy’s Dividend Profile Compares to Peers.
The Environmental Protection Agency on Thursday proposed easing Obama-era limits on carbon dioxide emissions from new and modified coal power plants, including a change that would remove a de facto requirement to use expensive carbon-capture technology at the sites. The proposal “would rescind excessive burdens on America’s energy providers and level the playing field so that new energy technologies can be part of America’s future,” acting Administrator Andrew Wheeler told energy lobbyists, free-market advocates, and others gathered at the EPA for the announcement. The carbon-capture requirement EPA is proposing to eliminate is one obstacle to building coal power plants, though economic and market realities have created much higher hurdles that analysts say will endure no matter what the Trump administration does.
The company would consider using systems designed to capture and trap carbon dioxide emissions from gas or coal plants. Other utilities have goals to reduce carbon emissions by as much as 80 percent. Xcel’s goal includes reducing its carbon emissions 80 percent by 2030, from 2005 levels.
DENVER (AP) — A utility serving 3.6 million electricity customers in eight states said Tuesday it will try to eliminate all its carbon emissions from electrical generation by 2050.
Xcel Energy Inc, one of the largest U.S. utilities, on Tuesday unveiled plans to accelerate its carbon reduction goals, saying sharply lower costs for renewable energy and investments in new technologies will allow it to deliver all carbon-free electricity to customers by 2050. The Minneapolis-based company, which currently produces 60 percent of its power from fossil fuels, said it will slash carbon emissions by 80 percent from 2005 levels by 2030, from a previous target of 60 percent, before going to zero in 2050. The company's ambitions stand in stark contrast to the federal government's pro-coal agenda under President Donald Trump, because they will likely further erode flagging U.S. demand for coal.
Xcel Energy Inc, one of the largest U.S. utilities, on Tuesday unveiled plans to accelerate its carbon reduction goals, saying it will deliver only carbon-free electricity to customers by 2050. The Minneapolis-based company said it will cut carbon emissions by 80 percent from 2005 levels by 2030, up from a previous target of 60 percent. "We're accelerating our carbon reduction goals because we're enocuraged by advances in technology, motivated by customers who are asking for it and committed to working with partners to make it happen," Xcel Chief Executive Ben Fowke said in a statement.
Xcel Energy, a national leader in renewable energy, rolled out a clean energy vision today in Denver that will deliver 100 percent carbon-free electricity to customers by 2050. As part of this vision, the company also announced plans to reduce carbon emissions 80 percent by 2030, from 2005 levels in the eight states it serves. “This is an extraordinary time to work in the energy industry, as we’re providing customers more low-cost clean energy than we could have imagined a decade ago,” said Ben Fowke, chairman, president and CEO, Xcel Energy.
Last week, UBS raised its target prices for many utility stocks. NextEra Energy (NEE) stock has an estimated upside of 0.8% based on its median target price of $183.1 and its current market price of $181.7. UBS increased NextEra Energy’s target price from $195.0 to $209.0 last week.
Dominion (D) enters into a joint venture to convert methane into natural gas, as well as lower greenhouse gas emissions in North Carolina, Virginia and Utah.
Analysts’ median target price for PPL (PPL) stock is $31.46, implying a 12-month upside of 2.7% based on its current market price of $30.64. Of the 15 Reuters-surveyed analysts tracking PPL stock, eight recommend “hold,” two recommend “strong buy,” four recommend “buy,” and one recommends “sell.” The chart below shows how analysts’ views on PPL stock have changed over the last few months.
Xcel Energy Inc (NASDAQ:XEL), a large-cap worth US$26b, comes to mind for investors seeking a strong and reliable stock investment. Market participants who are conscious of risk tend to search Read More...
Since stocks began tumbling two months ago, investors haven't abandoned the market. In recent weeks, as they've pulled money out of funds that invest in go-go technology companies, they've also been buying utilities, companies that make everyday necessities for consumers and other stocks that tend to have smaller swings in price than the rest of the market. It's part of a big shift in investor behavior as fears about rising interest rates, a global trade war and slowing economic growth around the world have roiled markets.
According to the latest 13F filing, The Vanguard Group added net ~0.6 million shares of Xcel Energy (XEL) during the third quarter and raised its total stake to 7.5% as of September 30. At the end of the second quarter, The Vanguard Group held 38.1 million shares.
Xcel Energy Inc. (XEL) (Xcel Energy) announced today the closing of its registered underwritten offering of 9,359,103 shares of its common stock in connection with the forward sale agreements described below, which included the underwriters’ full exercise of their option to purchase an additional 1,220,752 shares of Xcel Energy’s common stock. Morgan Stanley and Wells Fargo Securities acted as joint book-running managers for the offering. The closing will result in approximately $458.6 million of net proceeds, before expenses (assuming each forward sale agreement is physically settled based on the initial forward sale price per share of $49.00, as described more fully below).
In this part, we’ll discuss the top utilities’ (XLU) target prices and analysts’ views. Top utility stock NextEra Energy (NEE) has an estimated upside of ~3% based on its median target price of $181.47 and its current price of $176.56. Morgan Stanley raised NextEra Energy’s target from $184.0 to $185.0 on November 9.
Renewable energy from wind and solar went from impossibly expensive to nearly 10% of American electricity in less than 20 years. What's ahead may be even more astounding.
NEW YORK, Nov. 09, 2018 -- Nasdaq (Nasdaq: NDAQ) today announced that Xcel Energy Inc. (Nasdaq: XEL), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the.
The 25 highest-paying public-company boards reported a slight decrease year over year while the national average is up. But the local drop might only be a one-time anomaly, the result of some boards shedding directors.
Xcel Energy Inc. (XEL) (Xcel Energy) announced today the pricing of a registered underwritten offering of 8,138,351 shares of its common stock at a price per share of $49.15 in connection with the forward sale agreement described below. Subject to certain conditions, all shares are expected to be borrowed by the forward purchaser (as defined below) (or its affiliate) from third parties and sold to the underwriters and offered in connection with such forward sale agreement. Morgan Stanley and Wells Fargo Securities are acting as joint book-running managers for this offering.
Xcel Energy Inc. (XEL) (Xcel Energy) announced today the commencement of a registered underwritten offering of $400 million of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward purchaser (as defined below) (or its affiliate) from third parties and sold to the underwriters and offered in connection with the forward sale agreement described below. Morgan Stanley and Wells Fargo Securities are acting as joint book-running managers for this offering.