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utilities: Archive

Ritujay Ghosh

5 Low-Beta Stocks to Buy Amid Sinking Consumer Confidence

Low-beta stocks like Colgate-Palmolive Company's (CL), Molson Coors Beverage Company (TAP), Tyson Foods (TSN), American Water Works Company, Inc. (AWK) and Consolidated Water Co. Ltd. (CWCO) are safe bets amid the ongoing market volatility.

CLNegative Net Change TAPNegative Net Change TSNNegative Net Change AWKNegative Net Change CWCOPositive Net Change

Zacks Equity Research

California Water (CWT) Q4 Earnings & Revenues Miss Estimates

California Water's (CWT) fourth-quarter 2023 earnings and revenues increase year over year. CWT continues to enhance its infrastructure through investments.

AWKNegative Net Change CWTNegative Net Change AWRNegative Net Change WTRGNegative Net Change

Zacks Equity Research

Southwest Gas (SWX) Q4 Earnings and Revenues Beat Estimates

Southwest Gas' (SWX) fourth-quarter earnings and revenues top estimates. New customer additions and the long-term capital expenditure plan boost earnings.

SRENegative Net Change SWXNegative Net Change NWNNegative Net Change UGINegative Net Change

Tanvi Sarawagi

NRG Energy (NRG) Q4 Earnings Beat Estimates, Revenues Lag

NRG Energy's (NRG) fourth-quarter 2023 earnings and revenues decline year over year. Adjusted EBITDA increase during the same period.

NEENegative Net Change NRGPositive Net Change PNWNegative Net Change AGRPositive Net Change

Zacks Equity Research

OGE Energy (OGE) Q4 Earnings Beat, Revenues Decline Y/Y

OGE Energy's (OGE) fourth-quarter earnings benefit from lower cost of fuel, purchased power and direct transmission.

NINegative Net Change EIXNegative Net Change FENegative Net Change OGENegative Net Change

Ritujay Ghosh

4 Stocks in Focus That Recently Announced Dividend Hikes

CSG Systems International, Inc. (CSGS), Ramaco Resources, Inc. (METC), L3Harris Technologies, Inc. (LHX) and Universal Display Corporation (OLED) recently hiked their dividends.

CSGSNegative Net Change OLEDPositive Net Change METCPositive Net Change LHXPositive Net Change

Zacks Equity Research

Pinnacle West (PNW) Q4 Earnings Surpass Estimates, Sales Lag

Pinnacle West's (PNW) fourth-quarter earnings were better than expected. The company has a well chalked-out capital investment plan to further strengthen its operation.

EXCNegative Net Change NEENegative Net Change PNWNegative Net Change DNegative Net Change

Zacks Equity Research

Vistra Energy (VST) to Report Q4 Earnings: What's in Store?

Vistra Energy's (VST) fourth-quarter earnings are likely to have benefited from strong demand from its expanding customer base and ongoing share repurchase.

EXCNegative Net Change NEENegative Net Change CWCOPositive Net Change VSTPositive Net Change

Zacks Equity Research

Sempra (SRE) Q4 Earnings Meet Estimates, Revenues Rise Y/Y

Sempra Energy's (SRE) fourth-quarter revenues miss estimates. The company narrows its earnings guidance for 2024 and introduces an outlook for 2025.

SRENegative Net Change FENegative Net Change PCGNegative Net Change OGSNegative Net Change

Zacks Equity Research

American Electric (AEP) Q4 Earnings Miss, Revenues Fall Y/Y

American Electric's (AEP) fourth-quarter operating revenues of $4,600 million lag the Zacks Consensus Estimate by 11.8%. The reported figure also decreases 5.8% from the year-ago quarter's level.

XELNegative Net Change DTENegative Net Change AEPNegative Net Change CMSNegative Net Change

Zacks Equity Research

AES' Q4 Earnings Outpace Estimates, Revenues Decline Y/Y

AES' fourth-quarter earnings beat estimates. The company benefits from a strong cash inflow from operating activities and lower cost of sales.

NINegative Net Change FENegative Net Change PCGNegative Net Change AESPositive Net Change

Zacks Equity Research

ONEOK (OKE) Earnings and Revenues Miss Estimates in Q4

ONEOK's (OKE) fourth-quarter earnings and revenues lag estimates. The company plans to make investments in the range of $1.75-$1.9 billion in 2024 to strengthen its operation.

PAAPositive Net Change OKEPositive Net Change CNXPositive Net Change TTEPositive Net Change

Zacks Equity Research

PSEG (PEG) Q4 Earnings Beat Estimates, Revenues Down Y/Y

Public Service Enterprise's (PEG) Q4 revenues of $2,605 million outpace the Zacks Consensus Estimate by 29.9%. The top line, however, declines 17% from the year-ago quarter's figure.

XELNegative Net Change PEGNegative Net Change DTENegative Net Change CMSNegative Net Change

Zacks Equity Research

NRG Energy (NRG) to Report Q4 Earnings: What's in Store?

NRG Energy's (NRG) fourth-quarter earnings are likely to have benefited from contributions from the Vivant Smart Home integration. Share buybacks and debt deduction are likely to have boosted earnings.

NRGPositive Net Change SRENegative Net Change AEPNegative Net Change CWCOPositive Net Change

Zacks Equity Research

What's in Store for California Water (CWT) in Q4 Earnings?

California Water's (CWT) Q4 earnings are likely to have gained from acquired assets and the implementation of new rates. However, still-high interest rates and an increase in short-term borrowing rates may have offset some upsides.

SRENegative Net Change AEPNegative Net Change CWTNegative Net Change CWCOPositive Net Change

Zacks Equity Research

Is a Surprise Coming for American Electric (AEP) This Earnings Season?

American Electric (AEP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season

AEPNegative Net Change

Tanvi Sarawagi

Utility Stocks Reporting Q4 Earnings on Feb 27: AEP, SRE & PNW

Let's focus on utilities like AEP, SRE and PNW, which are scheduled to release fourth-quarter 2023 earnings on Feb 27.

SRENegative Net Change AEPNegative Net Change PNWNegative Net Change

Aparajita Dutta

5 Low Leverage Stocks to Buy as Rate Cut Expectations Fade

The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You may buy COST, NI, XPRO, HWKN and KEX.

NINegative Net Change COSTNegative Net Change KEXNegative Net Change HWKNNegative Net Change XPROPositive Net Change

Zacks Equity Research

Company News for Feb 23, 2024

Companies in The News Are: SNPS, MRNA, IDA, AMD

AMDPositive Net Change MRNANegative Net Change IDANegative Net Change SNPSPositive Net Change

Zacks Equity Research

Is a Surprise Coming for AES This Earnings Season?

AES is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

AESPositive Net Change

Zacks Equity Research

Essential Utilities (WTRG) Q4 Earnings Beat, Revenues Lag

Essential Utilities' (WTRG) fourth-quarter earnings surpass estimates. New customer additions and increasing capital expenditure boost the company's earnings.

AWKNegative Net Change CWTNegative Net Change AWRNegative Net Change WTRGNegative Net Change

Zacks Equity Research

Ameren (AEE) Q4 Earnings Miss Estimates, Revenues Fall Y/Y

Ameren's (AEE) Q4 revenues of $1,618 million decrease 20.9% year over year. The top line also misses the Zacks Consensus Estimate by 22.3%.

AEENegative Net Change XELNegative Net Change DTENegative Net Change CMSNegative Net Change

Zacks Equity Research

What's in Store for American Electric (AEP) in Q4 Earnings?

American Electric's (AEP) Q4 results are likely to reflect favorable weather pattern benefits, along with increased retail load, amid the adverse impacts of higher depreciation and interest expenses.

SRENegative Net Change AEPNegative Net Change AESPositive Net Change CWCOPositive Net Change

Zacks Equity Research

What's in Store for Pinnacle West Capital (PNW) in Q4 Earnings?

Pinnacle West Capital's (PNW) fourth-quarter results are expected to gain from expanding customer base and sales growth. Yet, rising operations and maintenance expenses might impact negatively.

SRENegative Net Change PNWNegative Net Change AESPositive Net Change CWCOPositive Net Change

Zacks Equity Research

Edison International (EIX) Q4 Earnings Beat, Revenues Fall Y/Y

Edison International's (EIX) fourth-quarter earnings beat estimates. The company benefits from a strong cash inflow from operating activities and lower O&M expenses.

EIXNegative Net Change FENegative Net Change IDANegative Net Change LNTNegative Net Change