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Argus•February 29, 2024
Argus•February 29, 2024Pinnacle West Capital Corporation: Maintaining BUY following 4Q results
Summary
Pinnacle West Capital, based in Phoenix, generates and delivers electricity, and sells energy-related products and services to retail and wholesale customers in the western U.S. The company owns and operates 6,500 megawatts of generating capacity. Pinnacle West's primary regulated utility, Arizona Public Service Co., supplies electricity to 1.4 million customers in 11 of 15 Arizona counties. Approximately 50% of current production is fr
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Analyst Profile
David E. Coleman
Securities Analyst and Quantitative Portfolio StrategistAt Argus Research, David covers various Airline, Tobacco and Materials companies and is also a quantitative portfolio strategist. He received his undergraduate degree from Edinboro University of Pennsylvania, graduating magna cum laude with a Bachelor of Science degree in Biology and a minor in Psychology. Prior to joining Argus, David worked in a variety of industries, ranging from industrial engineering to commercial fishing. David is the great-grandson of Harold B. Dorsey, who founded Argus in 1934. He started his career at Argus in the Economics department.