utilities

Why Utilities ETFs Are So Appealing

Posted: May 2, 2019 at 8:35 am

For investors who want to get a good night's sleep, utilities have long been offered shelter from the storm. Virtually every person and company in the United States uses electricity ...
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Continued Low Interest Rates Keep This Super-Safe Sector Hot

Posted: April 30, 2019 at 7:25 am

For years after the great recession and the near collapse of the equity and debt markets in 2008 and 2009, interest rates were hammered to levels that were the lowest ...
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Why PG&E Delayed Its Annual Meeting

Posted: April 18, 2019 at 11:45 am

In an announcement Thursday morning, PG&E Corp. (NYSE: PCG) said that its annual shareholders' meeting scheduled for May 21 has been postponed until an unspecified date in June. The postponement ...
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Merrill Lynch Much More Optimistic for Upside in Major Utilities in 2019 and Beyond

Posted: March 30, 2019 at 9:10 am

Many investors flocked into the utility sector during and after the Great Recession. After all, this was a safety and defensive investing strategy, first and foremost. But the sector also ...
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NextEra Is First Utility on the Way to Joining the $100 Billion Club

Posted: March 20, 2019 at 3:20 pm

The world of mega-cap stocks has grown in ranks during the 10-year bull market. Having a mega-cap traditionally was having a market capitalization of $100 billion or more, but some ...
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US Customer Satisfaction With Energy Utilities Falls

Posted: March 19, 2019 at 9:15 am

It did not matter much to U.S. consumers last year whether their natural gas and electricity supplies came from an investor-owned utility company, a municipal utility or a co-operative. Overall ...
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$1 Billion Deal to Acquire Wind and Solar Power Assets

Posted: March 4, 2019 at 2:20 pm

There are still plenty of asset transactions taking place in the world of alternative and renewable energy sources. A transaction was announced on Monday by NextEra Energy Partners L.P. (NYSE: ...
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Defensive Utility Stocks Could Soar If Rates Stay Low and Volatility Jumps

Posted: February 27, 2019 at 7:25 am

Any way you look at it, the howls of disagreement from President Trump, Wall Street and the financial media over the increases in the federal funds rate, especially those put ...
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Why One Top Analyst Says to Buy PG&E Shares Now

Posted: February 19, 2019 at 11:35 am

PG&E Corp. (NYSE: PCG) is still trying to recover from the potential exposure of the 2018 Camp Fire and other liabilities put the company at risk of bankruptcy. It turns ...
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How NextEra Energy Could Become the First Utility Worth $100 Billion

Posted: February 11, 2019 at 11:45 am

In the world of mega-caps, there is an ongoing watch by investors as to which companies may become among the next to reach $100 billion in equity market value. It ...
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6 Scenarios on How PG&E Bankruptcy May Play Out

Posted: January 30, 2019 at 2:33 pm

Now the PG&E Corp. (NYSE: PCG) has filed for bankruptcy protection and several asset management firms have either objected to the filing or say they are prepared to buy convertible ...
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What PG&E Bankruptcy Filing Means

Posted: January 29, 2019 at 11:05 am

As promised two weeks ago, PG&E Corp. (NYSE: PCG) on Tuesday morning filed for bankruptcy protection in the federal District Court for Northern California. The company listed debts totaling $51.7 ...
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PG&E Dodges a Bullet, but Bankruptcy Filing Remains Likely

Posted: January 25, 2019 at 9:45 am

Until last November's Camp Fire roared through northern California, the most destructive fire in the state's history was the Tubbs Fire of 2017 that killed 22 people in California wine ...
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Why Californians May Pay 5 Times More for Electricity This Year

Posted: January 24, 2019 at 12:40 pm

In a filing with the U.S. District Court in San Francisco, PG&E Corp. (NYSE: PCG) told the judge that the company cannot afford to spend an estimated $75 billion to ...
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RBC Best Idea 2019 Utility Stocks for an Overbought and Overvalued Market

Posted: January 22, 2019 at 7:25 am

The fourth-quarter selling barrage that brought the S&P 500 to within touching distance of a bear market was reversed by some backpedaling by Jay Powell, the head of the Federal ...
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