|Bid||69.15 x 1400|
|Ask||69.44 x 1300|
|Day's Range||68.86 - 69.52|
|52 Week Range||47.11 - 69.52|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||15.91|
|Earnings Date||Feb 17, 2020 - Feb 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||64.09|
The rating on the principal only class, Cl. A-PO, was affirmed due to the sufficiency of the class's credit support and the pool's share of defeasance. The rating on the IO class, Cl. IO, was downgraded due to the decline in the credit quality of its reference classes resulting from principal paydowns of higher quality reference classes. The ratings of Credit Tenant Lease (CTL) deals are primarily based on the senior unsecured debt rating (or the corporate family rating) of the tenants leasing the real estate collateral supporting the bonds.
Duke Energy Carolinas remains the clear leader in promoting energy efficiency among utilities in the Southeast, states a new report from the Southern Alliance for Clean Energy.
Virginia Attorney General Mark Herring on Wednesday filed a brief in the Atlantic Coast natural gas pipeline case at the U.S. Supreme Court opposing construction of Dominion Energy Inc's $7.3-$7.8 billion project. Atlantic Coast, the nation's most expensive gas pipe, is one of several projects that have received federal permits in recent years but have been delayed by state opposition and local and environmental legal and regulatory battles. In the Supreme Court case, Dominion and its partners, Duke Energy Corp and Southern Co, say the U.S. Forest Service was correct in issuing Atlantic Coast a permit to cross the Appalachian Trail in Virginia.
NextEra (NEE) is stated to release Q4 results on Jan 24. Earnings are likely to have been impacted by acquisition of the outstanding Genesis debt and other initiatives undertaken during the quarter.
Southern Company has been recognized by FORTUNE magazine on its 2020 World's Most Admired Companies list, a ranking of the world's most respected and reputable companies, based on a survey of almost 3,800 executives, directors and analysts.
Southern Company Gas subsidiary Chattanooga Gas earned the top-ranking score for customer satisfaction in a 2019 survey of the business community rating the 76 largest utilities in the United States. Chattanooga Gas sister companies, Virginia Natural Gas and Nicor Gas, also received high marks, earning all three natural gas providers the title of "Business Customer Champion" from the survey's conductor, analytics firm Escalent.
Southern Co. (SO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The Zacks Analyst Blog Highlights: Microsoft, American Express, Fidelity National Information Services, Goldman Sachs and Southern
Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, completed the previously announced sale of the Mankato Energy Center to Xcel Energy for $650 million, subject to customary working capital adjustments.
Southern Company today announced a regular quarterly dividend of 62 cents per share on the company's common stock, payable Mar. 6, 2020, to shareholders of record as of Feb. 18, 2020. Every quarter for more than 70 years Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter.
Secretary of State Brad Raffensperger says Georgia created more businesses in 2019 than at any other time in the state's history.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
The press release was corrected as follows: The last sentence of the second paragraph of the RATINGS RATIONALE section was changed to The new sale, which aims to fully refund the 2013 Bonds, will result in approximately 40% reduction in annual debt service levels, but it will extend the amortization period of the bonds from 2033 to 2040.; the third and fourth sentences of the first paragraph of the LEGAL SECURITY section were changed to The 2020 A bonds will mature in 2040 or twelve years after the 2013 A bond due date, which the latter will be fully refunded from proceeds of the new sale. New York, January 07, 2020 -- Moody's Investors Service, ("Moody's") has upgraded Alabama Municipal Electric Authority's (AMEA) $28.7 million outstanding power supply revenue refunding bonds to A1 from A2.
Electric service to over 112,000 Georgia Power customers has been restored following the storm that brought heavy wind and rain through Georgia Saturday night. As of 11:30 a.m. Sunday, approximately 11,000 customers are without power with a majority of the outages concentrated to the Rome, Cartersville, and Carrollton areas. While the company continues to work as quickly and safely as possible, customers in the hardest hit areas should plan ahead for outages that last into Sunday evening, due to the accessibility to damage from the storm and difficult terrain. Crews continue to clear pathways that will enable restoration efforts to continue throughout the day.
With severe weather expected to impact Georgia over the weekend, Georgia Power is advising customers to prepare for the potential of wind, rain and possible tornadoes. The company is monitoring the changing weather conditions and is ready to respond to any service interruptions as quickly and safely as possible.
The Zacks Analyst Blog Highlights: AES, The Southern Company, Lockheed Martin, Callon Petroleum and New Gold
The Edison Electric Institute (EEI) today presented Georgia Power with the association's "Emergency Recovery Award" for its power restoration efforts after 14 tornadoes hit Georgia in March 2019.