CenterPoint Energy is set to release its quarterly earnings on Monday, October 28th. Analysts are expecting an EPS of $0.44, and investors are hoping for positive news on the company’s future performance. This article provides a comprehensive overview of CenterPoint Energy’s recent performance, market sentiment, and key financial metrics, offering insights into what to expect from the upcoming earnings release.
NorthWestern Energy (NWE) is set to release its latest quarterly earnings report on Monday, October 28th, 2024. Investors are eagerly awaiting the announcement, particularly for any signs of exceeding estimates and positive guidance for the coming quarter. This article analyzes past performance, analyst expectations, and key financial metrics to provide insights into NorthWestern’s potential trajectory.
While Nvidia dominates the AI headlines, Vistra Corp, a Texas-based utility company, is quietly making waves in the energy sector. By leveraging AI and expanding into nuclear power, Vistra is capitalizing on the booming demand for clean energy from data centers, a key driver of AI development. This strategic move has propelled Vistra’s stock to impressive gains, exceeding even Nvidia’s performance.
PPL Corporation will be hosting a webcast on November 1st to discuss their third-quarter 2024 earnings results. The event will feature presentations by company executives and a Q&A session with financial analysts.
Discover the latest analyst ratings for three high-yielding utilities stocks: Atlantica Sustainable Infrastructure (AY), Clearway Energy (CWEN), and Spire (SR). Explore their dividend yields, recent news, and analyst accuracy rates to guide your investment decisions.
The Federal Reserve’s recent rate cut has ignited a rally in global markets and commodities, propelling several exchange-traded funds (ETFs) to 52-week highs. This article highlights three ETF sectors that have benefited the most from the Fed’s move: utilities, India, and gold.
BofA Securities analyst Ross Fowler has reinstated coverage on four US utilities in the Great Plains, issuing Buy ratings for Evergy, Inc. (EVRG) and MDU Resources Group, Inc. (MDU), a Neutral rating for OGE Energy Corp (OGE), and an Underperform rating for Black Hills Corporation (BKH). Fowler’s analysis delves into the individual factors driving his ratings, including regulatory environments, growth prospects, and financial considerations.
The utilities sector has unexpectedly become the top performer in the S&P 500 in 2024, driven by factors like rising demand for electricity from AI-powered data centers and a shift towards defensive assets amid market volatility. Several utility companies have seen significant gains this year, including Vistra Corp, Constellation Energy, and NRG Energy.
Bank of America has adjusted its sector outlooks, upgrading Utilities to ‘overweight’ and downgrading Energy to ‘market-weight’. The changes are driven by rising economic volatility and policy uncertainty, impacting investment strategies. The firm highlights utilities’ attractive dividend yield and AI integration as key drivers for their upgrade, while concerns over political risk and weakening fundamentals led to the energy sector downgrade.
Neptune Software, a leading provider of rapid application development platforms, will be a Silver Sponsor at the 2024 SAP for Utilities conference, highlighting its no-code, low-code, and pro-code solutions for streamlining utility and energy company processes. The company will demonstrate how its platform helps businesses accelerate digital transformation, reduce training time, and optimize workflows.
