Utilities

Shares of electricity and natural gas provider Exelon Corporation (NYSE: EXC) have underperformed peers by more than 15% since the start of 2019, and investors should buy the dip, according to Morgan Stanley. The Analyst Stephen Byrd upgraded Exelon from Equal-weight to Overweight with a price...

It’s Employment Report day, a day that often marks the biggest economic news of the month. This time around, however, the report might get the bronze medal, behind the Fed meeting and yesterday’s tariff bombshell. For the most part, the jobs report fell in line with expectations (see...

PG&E Corporation (NYSE: PCG) shares were trading higher Tuesday after the California Senate passed a plan to address wildfire impacts on the state’s investor-owned electric utilities. The bill AB1054 addressing the wildfire crisis surrounding the state’s investor...

Southern California residents were rattled again Friday morning as a major aftershock hit the region a day after the strongest earthquake in 20 years on Thursday. What Happened The 5.4-magnitude aftershock jolted residents out of bed just after 4 a.m. Pacific time near the high desert town of...

California's Wildfire Commission recently submitted a report to the state's governor and senate that poses a "high level of uncertainty" for utility company PG&E Corporation (NYSE: PCG), according to Morgan Stanley. The Analyst Stephen Byrd maintained an Equal-Weight...

The S&P 500 is roughly half way through first-quarter earnings season, and the results haven’t been as bad as some investors feared. However, analyst earnings estimates for the rest of the year have still been coming down across the board in every market sector except for the Utilities...

It’s been a wild ride for PG&E Corporation (NYSE: PCG) investors in the last few months. The stock had dropped down 74 percent to under $7 per share in three months when the company officially filed for bankruptcy Jan. 29. Since that filing, the stock has actually skyrocketed 66 percent....

PG&E Corporation (NYSE: PCG) has rallied more than 18 percent since the company officially filed for bankruptcy on Jan. 29. However, one Wall Street analyst said he is increasingly pessimistic the state of California will modify its wildfire liability laws to help protect its public utilities....

The equity markets are in the doldrums, especially when viewed through the lens of the strong gains witnessed in 2016 and 2017. With hardly a week before the close of the year — even with the assistance of a Santa Claus rally — it appears unlikely the major...

Wednesday brought a sea of red for U.S. equity markets. The standout was the utilities sector. While the S&P 500's 2018 gains evaporated, the Utilities Select Sector SPDR (NYSE: XLU) jumped 2.43 percent on volume that was well above the daily average. This month, XLU, the largest utilities...

It may not be as large as the bond market or as ubiquitous as real estate, but the stock market is definitely the most talked about of the financial markets. And while this has pretty much always been the case, the rise of index investing and robo-advisors in the last decade or so has certainly...

DTE Energy Co (NYSE: DTE) boasts an "excellent" track record of achieving its financial targets, but management's 2022 outlook may not be achievable. The Analyst Wells Fargo's Neil Kalton downgraded DTE Energy from Outperform to Market Perform with a price target lowered from $...

San Diego-based utility holding company Sempra Energy (NYSE: SRE)'s acquisition of a majority stake in Texas' largest utility Oncor negatively impacted its first-quarter earnings, but Argus is bullish on the longer-term outlook. The Analyst Argus' Jacob Kilstein upgraded Sempra Energy...

Utility company NiSource Inc. (NYSE: NI) has found its way ionto Goldman Sachs' America's Conviction Buy list, an exclusive group of Buy-rated stocks the firm believes have the best alpha-generation opportunities.  The Analyst Goldman Sachs analyst Michael Lapides reiterated a Buy...

Uncertainty over Spire Inc (NYSE: SR)’s St. Louis pipeline and a lack of many other near-term growth prospects led Bank of America Merrill Lynch to downgrade the Missouri-based utility company in a Friday note.  The Analyst Bank of America Merrill Lynch’s Dennis Coleman...