SO, DUK, & ED among top 5 utility stocks to explore in May

Highlights The Boise, Idaho-based US Ecology provides recycling and disposal services for various waste. The Ecology acquisition will enable Republic to expand its operations while ensuring “customer demand for a single-source partner&rd...

Highlights NextEra Energy, Inc. (NEE) has raised its outlook for adjusted earnings per share to between US$2.75 and US$2.85 in 2022. Duke Energy Corporation (DUK) will declare its fourth and full-year results on February 10. Its dividend yi...

Utility stocks provide electricity, water, natural gas, waste disposal services, etc., to customers, including residential complexes, commercial and industrial centres, and the government. Utility stocks are considered stable due to the constant de...

The utility sector is one of the most critical segments of the US economy, with a combined market cap of around US$1.5 trillion as of March 2021. In addition, the utility companies that provide daily essentials like water, sewage services, electric...

Highlights The operating revenue of NextEra Energy, Inc. (NYSE: NEE) was US$3.92 billion in Q2 of fiscal 2021. The operating revenue of Dominion Energy, Inc. (NYSE: D) was US$3.03 billion in Q2 of fiscal 2021. The net earnings of Fortis Inc. (...

The utility sector is one of the most significant economy-linked sectors. It comprises companies that provide basic services to consumers like water and sewage, electricity, natural gas, etc. Investors typically see utility stocks as long-term inv...

Summary Dominion Energy, Inc. (NYSE: D) reported revenue of US$3.8 billion in Q1 this year. Edison International (NYSE: EIX) reported a net income of US$361 million in Q2 this year. NRG Energy, Inc (NYSE: NRG) has a market cap of US$10.2 billi...

Summary Southern Company (SO) has a dividend yield of 4.28%. The stock gave a 19% return in one year. UGI Corporation (UGI) increased by 54% in one year as of July 8, 2021. MDU Resources (MDU)March quarter 2021 net income grew 107% YoY. Its st...

Utility companies provide electricity, natural gas, water, and other basic amenities to people. Therefore, investors usually prefer to have utility stocks in their portfolio as long-term investments that can give a stable return over time. Here, we ...

Summary The stock of Exelon Corp grew 23.48% in the last one year. PPL Corp has invested over US$3 billion in infrastructure in 2020. Pinnacle’s consolidated net income was US$35.6 million in the quarter ended March 2021. Utility co...