Utility

Is PPG’s Global Shift a Smart Move?

October 18, 2024 08:51 AM AEDT| By Team Kalkine Media

Highlights,PPG to sell its U.S. and Canada architectural coatings business to American Industrial Partners.,The company announces a comprehensive cost reduction program affecting global operations.,PPG's focus shifts to core architectural coatings bu...

Southern Company Attracts Significant Investment from Leading Firms

October 17, 2024 04:49 AM AEDT| By Team Kalkine Media

Headlines,Leisure Capital Management acquires a stake in The Southern Company,Significant institutional investment in Southern from various firms,The Southern Company sees increased activity in the utilities sector,Leisure Capital Management recently...

How Is Public Service Enterprise Group Managing Its Slowing Returns?

October 14, 2024 10:49 PM AEDT| By Team Kalkine Media

Highlights:,Public Service Enterprise Group,(NYSE:PEG),operates within the utilities sector.,Key focus areas include energy generation, distribution, and infrastructure.,ROCE is a metric often examined for long-term business growth potential.,Public...

Can ONE Gas Overcome Earnings Stagnation and Regain Momentum?

October 10, 2024 07:40 AM AEDT| By Team Kalkine Media

Highlight Points:,ONE Gas is trading with a price-to-earnings (P/E) ratio closely aligned to the U.S. market average, suggesting market confidence in its earnings despite recent setbacks.,The company’s earnings have been stagnant over the past few ye...

Alternus Clean Energy Boosts Finances with Key Asset Sales

October 09, 2024 06:19 AM AEDT| By Team Kalkine Media

Highlights,Alternus Clean Energy has sold key subsidiaries in a strategic move to reduce debt, marking a significant step in strengthening its financial position while maintaining a focus on expanding its energy portfolio.,The divestment of its Irish...

Essential Utilities Mixed Performance Amid Share Price Decline

October 02, 2024 05:11 AM AEST| By Team Kalkine Media

Highlights,Essential Utilities' share price has dropped over three years, underperforming compared to the market.,Despite a decline in share price, the company has achieved consistent earnings growth of 7% annually during the same period.,Revenue has...

Eversource Energy’s Stable Returns Despite Higher Capital

October 02, 2024 02:32 AM AEST| By Team Kalkine Media

Highlights,Eversource Energy operates in the utility sector, providing electricity, natural gas, and water services to customers across the northeastern United States.,Despite increasing its capital investment over the past five years, Eversource's r...

CenterPoint Energy: Insights from 12 Analysts

September 26, 2024 04:52 AM AEST| By Team Kalkine Media

Headlines,The average 12-month price target for CenterPoint Energy is $29.58,Current average price targets reflect a 4.02% decline compared to the previous target of $30.82.,Recent analyst evaluations provide an in-depth look at financial expert pers...

How Chesapeake Utilities Manages High Debt to Stay Competitive

September 18, 2024 05:25 AM AEST| By Team Kalkine Media

Chesapeake Utilities Corporation operates within the,Utilities sector,, an industry where managing financial leverage is crucial for sustaining operational stability and growth. Recent discussions have focused on the company's debt levels, raising qu...

Duke Energy Announces Improved Financial Results

September 12, 2024 05:25 AM AEST| By Team Kalkine Media

Duke Energy has recently announced its financial performance for the latest fiscal period, showcasing robust results within the,utilities sector,. The company’s report highlights significant achievements and steady growth, providing insight into its...

Positive Sentiments Surrounding Vistra Corp. (VST): What Analysts Are Saying

September 03, 2024 04:00 AM AEST| By Team Kalkine Media

Headlines,1.Wall Street Optimism,: Analysts provide highly favorable recommendations for Vistra Corp. (VST), with an average brokerage recommendation (ABR) of 1.11, indicating strong positive sentiment.,2.Reliability of Recommendations:,Research sugg...

Black Hills Corporation Exhibits Positive Indicators in the Utilities Sector

August 31, 2024 12:12 AM AEST| By Team Kalkine Media

In the,utilities sector,, Black Hills Corporation is demonstrating notable characteristics that make it an entity of interest. The company's recent performance and strategic positioning highlight several factors contributing to its current standing i...

Three High-Yield Dividend Stocks To Watch in August 2024

August 23, 2024 04:19 PM AEST| By Team Kalkine Media

For those seeking both substantial income and growth from their investments, certain stocks stand out as potential candidates for both. Here are three high-yield dividend,NASDAQ Utility Stock,that Wall Street believes might achieve more than 20% grow...

Dominion Energy (NYSE:D) Set to Pay Dividend of $0.6675

August 05, 2024 05:00 PM AEST| By Team Kalkine Media

Dominion Energy, Inc. (,NYSE:D,) has announced a dividend payment of $0.6675, scheduled for September 20th. This dividend provides a yield of approximately 4.8%, which aligns with industry norms. However, assessing the sustainability of this dividend...

American States Water (NYSE:AWR) Raises Dividend to $0.4655

August 05, 2024 05:00 PM AEST| By Team Kalkine Media

American States Water Company (,NYSE:AWR,) has revealed that its upcoming dividend payment will be raised to $0.4655 per share, effective September 3rd. This increase marks an 8.3% rise from the previous year's dividend of $0.43, which was applicable...

Rexel (OTC:RXLSF) Sees H1 Income and Sales Drop, Sticks to Full-Year Outlook

July 30, 2024 10:07 PM AEST| By Team Kalkine Media

Headlines,Net Income Decline,: Rexel SA (OTC:RXLSF),the French electrical supplies distributor, reported a significant drop in net income for the first half of the year. The company saw its net income decrease by 17.6% to 353 million euros. Recurring...

Navigating the Power Market: Key Considerations for NYSE Utility Stock Investors

May 22, 2023 04:12 AM AEST| By Team Kalkine Media

Discover the path to success in the power market with Navigating the Power Market: Key Considerations for NYSE Utility Stock Investors. Uncover the emotional aspects of utility stock investing, explore key factors to consider, and empower yourself wi...