When excluding one-time items, PG&E posted a higher than expected profit. That does not matter as much as the company's bankruptcy proceedings and its continuing exposure to more fires caused by its equipment.
A fresh research report from Janney Montgomery Scott has substantially raised price targets across the universe of U.S. water utilities.
Trade friction between the United States and China has threatened the ability for the U.S. delivery companies FedEx and UPS to do business in China. FedEx, in particular, has been questioned by the Chinese…
Although most drinking water in the United States is deemed "clean," a number of communities have drinking water that falls outside the safety measures put into the place by the EPA.
On Monday, PG&E filed its bankruptcy reorganization plan. Now the negotiations really begin.
PG&E has rejected two offers to purchase assets as part of its bankruptcy restructuring. One of the offers, from the city of San Francisco, would have paid $2.5 billion in cash for the company's…
When Hurricane Dorian was supposed to come ashore in the middle of the Atlantic Coast of Florida, hundreds of thousands of homes were at risk for significant damage. That estimate has tripled as it…
A recidivist is a habitual criminal, one who relapses constantly into crime. That term applies to a surprisingly large number of offenders in the U.S., according to a new report by the Prison Policy…
A new study looks at several factors by state to determine which have the highest quality roads and which have the worst. One of the least densely populated states in American took the top…
PG&Eshares fell almost 30% on Monday to a low not seen since early in 2019 after news that a California court has ruled that the utility will have to face a jury trial.
A new study out of Toronto suggests that a lack of trees in a neighborhood is one of the factors that might increase mortality rates for residents. Researchers at the city’s Ryerson University recently…
Despite some softer industrial demand, and weather conditions that drove second-quarter results for some utility companies lower on a year-over-year basis, this analyst remains positive on some of the top companies in the sector.
As the coldest areas in and near the Arctic circle and Antarctica melt, sea levels continue to rise. Scientists have repeatedly warned that this activity will cause more frequent, and more damaging flooding. This…
According to the EPA, 13 million households rely on water from their own wells. The agency does not regulate this source of water.
Wall Street analysts have been tempering their formal ratings on American Water Works because of the valuation profile. Still, the utility sector has grown in importance and in size over the past decade.
